How much does an Insurance Broker Executive make in Sykesville, PA? The average Insurance Broker Executive salary in Sykesville, PA is $237,817 as of September 01, 2024, but the range typically falls between $196,474 and $291,630. 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.
Insurance Broker Executive Salary in Sykesville, Pennsylvania
Insurance Broker Executive Salary in Sykesville, PA
Insurance Broker Executive Salaries by Percentile
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Insurance Broker Executive Salary | $158,834 | Sykesville,PA | September 01, 2024 |
| 25th Percentile Insurance Broker Executive Salary | $196,474 | Sykesville,PA | September 01, 2024 |
| 50th Percentile Insurance Broker Executive Salary | $237,817 | Sykesville,PA | September 01, 2024 |
| 75th Percentile Insurance Broker Executive Salary | $291,630 | Sykesville,PA | September 01, 2024 |
| 90th Percentile Insurance Broker Executive Salary | $340,625 | Sykesville,PA | September 01, 2024 |
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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.
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.
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
|
$287,758 |
21%
|
|
Integrity
|
$285,380 |
20%
|
|
Flexibility
|
$283,002 |
19%
|
|
Diversity and Inclusion
|
$280,624 |
18%
|
|
Financial Services
|
$280,624 |
18%
|
|
Cold Calling
|
$268,733 |
13%
|
For Employees
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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
See user submitted job responsibilities for Insurance Broker Executive.
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Huntington National Bank - Pittsburgh, PADescription. Summary:The Insurance Account Executive is a dynamic position, requiring a high degree of Insurance product knowledge and technical expertise....- 2 Days Ago
Those that have already made the climb...
Ebrahim Busheri, Director of Investments
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
What does an Insurance Broker Executive do?
Insurance Broker Executive in Baltimore, MD
Avoid unwelcome surprises by making sure you understand your homeowners insurance.
January 08, 2020
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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 |
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| City, State San Francisco, CA |
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| City, State Washington, DC |
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| City, State Miami, FL |
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| City, State Chicago, IL |
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| City, State Boston, MA |
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| City, State New York, NY |
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| City, State Dallas, TX |
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About Sykesville, Pennsylvania
Sykesville is a borough in Jefferson County, Pennsylvania, United States. The population was 1,157 at the 2010 census. The borough was named for Jacob B. Sykes, an early resident.
Sykesville is the birthplace of Olga Madar (1915–1996), first woman to be a vice-president in the United Auto Workers (1970) and founder of the Coalition of Labor Union Women in 1974.
Sykesville is located in eastern Jefferson County at 41°2′58″N 78°49′12″W / 41.04944°N 78.82000°W / 41.04944; -78.82000 (41.049543, -78.820134). Its eastern border is the Clearfield County line. U.S. Route 119 passes through the cent...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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Level of Education for Insurance Broker Executive
Jobs with different levels of education may pay very differently. Check the Insurance Broker Executive salary of your education level.
- Insurance Broker Executive Salaries with No Diploma
- Insurance Broker Executive Salaries with a High School Diploma or Technical Certificate
- Insurance Broker Executive Salaries with an Associate's Degree
- Insurance Broker Executive Salaries with a Bachelor's Degree
- Insurance Broker Executive Salaries with a Master's Degree or MBA
- Insurance Broker Executive Salaries with a JD, MD, PhD or Equivalent
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Browse Related Job Categories With Insurance Broker Executive
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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
196474
291630
Average Total Cash Compensation
Includes base and annual incentives
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 Sykesville, PA. The base salary for Insurance Broker Executive ranges from $196,474 to $291,630 with the average base salary of $237,817. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $227,854 to $364,824 with the average total cash compensation of $282,867.
Similar Job Titles:
Broker Relations Representative, Insurance Agent, Insurance Broker, Insurance Broker Trainee, Insurance Managing Broker
See additional Similar Jobs
About Sykesville, Pennsylvania Sykesville is a borough in Jefferson County, Pennsylvania, United States. The population was 1,157 at the 2010 census. The borough was named for Jacob....More
Sykesville, Pennsylvania area prices were up 1.5% from a year ago View the Cost of Living in Sykesville, Pennsylvania
Insurance Broker Executive Salary in popular cities: Philadelphia, Pittsburgh, Allentown
Skills associated with Insurance Broker Executive: Negotiation, Operations Management, Risk Assessment, Partner Relationship Management ...More
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