How much does an Insurance Broker Executive make in Georgia? The average Insurance Broker Executive salary in Georgia is $248,824 as of March 26, 2024, but the range typically falls between $205,564 and $305,117. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Insurance Broker Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Broker Executive Salary $166,178 GA March 26, 2024
25th Percentile Insurance Broker Executive Salary $205,564 GA March 26, 2024
50th Percentile Insurance Broker Executive Salary $248,824 GA March 26, 2024
75th Percentile Insurance Broker Executive Salary $305,117 GA March 26, 2024
90th Percentile Insurance Broker Executive Salary $356,369 GA March 26, 2024
25% $205,564 10% $166,178 90% $356,369 75% $305,117 $248,824 50%(Median) Didn’t find job title? Click
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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.

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 Georgia

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Location Avg. Salary Date Updated
Location Abbeville, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Acworth, GA Avg. Salary $250,111 Date Updated March 26, 2024
Location Adairsville, GA Avg. Salary $241,105 Date Updated March 26, 2024
Location Adel, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Adrian, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Ailey, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Alamo, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Alapaha, GA Avg. Salary $229,526 Date Updated March 26, 2024
Location Albany, GA Avg. Salary $231,327 Date Updated March 26, 2024
Location Allenhurst, GA Avg. Salary $238,789 Date Updated March 26, 2024
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Insurance Broker Executive Salary in Georgia
Insurance Broker Executive Salary Graph, Regional Distribution and Summary