Insurance Broker Executive Salary in Dallas, Texas

Insurance Broker Executive Salary in Dallas, TX

How much does an Insurance Broker Executive make in Dallas, TX? The average Insurance Broker Executive salary in Dallas, TX is $253,971 as of March 26, 2024, but the range typically falls between $209,816 and $311,428. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Insurance Broker Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Broker Executive Salary $169,615 Dallas,TX March 26, 2024
25th Percentile Insurance Broker Executive Salary $209,816 Dallas,TX March 26, 2024
50th Percentile Insurance Broker Executive Salary $253,971 Dallas,TX March 26, 2024
75th Percentile Insurance Broker Executive Salary $311,428 Dallas,TX March 26, 2024
90th Percentile Insurance Broker Executive Salary $363,740 Dallas,TX March 26, 2024
25% $209,816 10% $169,615 90% $363,740 75% $311,428 $253,971 50%(Median) Didn’t find job title? Click
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Check out Insurance Broker Executive Job Openings in Dallas, Texas

Commercial Insurance Broker

The Demarco Group - Calabasas, CA

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Sales Professional

EPIC Insurance Brokers & Consultants - Grand Rapids, MI

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Commercial Insurance Account Executive MNN9484

Capstone Search Group - Honolulu, HI

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Commercial Account Executive

Westland Insurance Group Ltd. - Los Angeles, CA

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What skills does an Insurance Broker Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.

2.

Customer Contact: Customer Contact is the process of handling a query of the customer before, during, and after the purchase of any product or service.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

See More Skills
Presentation 4.95%
Customer Contact 1.47%
Futures 2.57%
Others 91.01%

Job Description for Insurance Broker Executive

Insurance Broker Executive directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Being an Insurance Broker Executive ensures efficient operational processes. May lead the most complex accounts and deals. Additionally, Insurance Broker Executive has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Requires a bachelor's degree. Typically reports to senior management. The Insurance Broker Executive typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Insurance Broker Executive typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Insurance Broker Executive in Dallas, TX
Those that have already made the climb...
Ebrahim Busheri, Director of Investments
MANNING & NAPIER INC
Manning & Napier, Inc. is publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The firm manages separate client-focused equity and fixed income portfolios. It invests in the public eq... More
Fiscal Year Ended in 2021
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Insurance Broker Executive Pay Difference by Location

Insurance Broker Executive salary varies from city to city. Compared with national average salary of Insurance Broker Executive, the highest Insurance Broker Executive salary is in San Francisco, CA, where the Insurance Broker Executive salary is 25.0% above. The lowest Insurance Broker Executive salary is in Miami, FL, where the Insurance Broker Executive salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for an Insurance Broker Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
209816
311428
253971

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
243321
389587
302065
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Executive in Dallas, TX. The base salary for Insurance Broker Executive ranges from $209,816 to $311,428 with the average base salary of $253,971. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $243,321 to $389,587 with the average total cash compensation of $302,065.
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For a real-time salary target, tell us more about your role in the four categories below.

209816
311428

 

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About Dallas, Texas    Dallas (/ˈdæləs/), officially the City of Dallas, is a city in the U.S. state of Texas and the seat of Dallas County, with portions extending into Col....More

Dallas, Texas  area prices were up 2.2% from a year ago    View the Cost of Living in Dallas, Texas

Insurance Broker Executive Salary in popular cities: Houston, San Antonio, Austin

Skills associated with Insurance Broker Executive: Operations Management, Risk Assessment, Insurance Agency Management Software, Insurance Software ...More

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