Insurance Broker Executive Salary in Duluth, Minnesota

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Insurance Broker Executive Salary in Duluth, MN

What is the salary range of Insurance Broker Executive?

As of December 01, 2024, the average annual pay of Insurance Broker Executive in Duluth, MN is $253,486. While Salary.com is seeing that Insurance Broker Executive salary in Duluth, MN can go up to $363,064 or down to $169,284, but most earn between $209,412 and $310,843. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Executive in the United States.

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Insurance Broker Executive Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $321,784 $26,815 $6,188 $155
Average $262,408 $21,867 $5,046 $126
25th Percentile $216,782 $18,065 $4,169 $104
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Average Salary

25% $209,412 10% $169,284 90% $363,064 75% $310,843 $253,486 50%(Median) Didn’t find job title? Click
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View Insurance Broker Executive Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Insurance Broker Executive salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Insurance Broker Executive hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$216,782
Average
$262,408/year
$321,784
$18,065
Average
$21,867/month
$26,815
$4,169
Average
$5,046/week
$6,188
$104
Average
$126/hour
$155
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $321,784 $26,815 $6,188 $155
Average $262,408 $21,867 $5,046 $126
25th Percentile $216,782 $18,065 $4,169 $104
Last Updated on December 01, 2024

View Insurance Broker Executive Salary by Experience Levels

An entry-level Insurance Broker Executive with under 1 year experience makes about $235,894. With less than 2 years of experience, a mid-level Insurance Broker Executive makes around $237,858. After 2-4 years, the Insurance Broker Executive pay rises to about $242,439. Those senior Insurance Broker Executive with 5-8 years of experience earn roughly $247,675, and those Insurance Broker Executive having 8 years or more experience are expected to earn about $253,960 on average.

Levels Salary
Entry Level Insurance Broker Executive $235,894
Intermediate Level Insurance Broker Executive $237,858
Senior Level Insurance Broker Executive $242,439
Specialist Level Insurance Broker Executive $247,675
Expert Level Insurance Broker Executive $253,960
$235,894 0 yr
$237,858 < 2 yrs
$242,439 2-4 yrs
$247,675 5-8 yrs
$253,960 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 9%
Senior Level 8%
Top Level 6%
Experienced 3%
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Last Updated on December 01, 2024

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Job Openings of Insurance Broker Executive

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Cost of Living In Duluth, MN

Cost of Living in Duluth , MN is
5.4% Higher
than the National Average
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Best-Paid Skills and Qualifications for Insurance Broker Executive

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.

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.

3.

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.

See More Skills
Presentation 4.95%
Futures 2.57%
Customer Contact 1.47%
Others 91.01%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Insurance Broker Executive higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Cold Call, you can get a 21% salary raise. If you are good at Integrity, your salary will increase by 20%. If you are expert in Flexibility, your salary will rise by 19%.
Skill Salary Demand
Cold Call
 $306,718
21%
Integrity
 $304,183
20%
Flexibility
 $301,648
19%
Diversity and Inclusion
 $299,113
18%
Financial Services
 $299,113
18%
Cold Calling
 $286,439
13%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for an Insurance Broker Executive is $253,486 per year in Duluth, MN, updated at December 01, 2024.
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