How much does an Insurance Broker make in Jamestown, NY? The average Insurance Broker salary in Jamestown, NY is $88,353 as of August 27, 2024, but the range typically falls between $76,374 and $107,966. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Broker Salary | $65,469 | Jamestown,NY | August 27, 2024 |
25th Percentile Insurance Broker Salary | $76,374 | Jamestown,NY | August 27, 2024 |
50th Percentile Insurance Broker Salary | $88,353 | Jamestown,NY | August 27, 2024 |
75th Percentile Insurance Broker Salary | $107,966 | Jamestown,NY | August 27, 2024 |
90th Percentile Insurance Broker Salary | $125,823 | Jamestown,NY | August 27, 2024 |
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.
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.
Cold Calling: Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well.
Telemarketing: Telemarketing (sometimes known as inside sales, or telesales in the UK and Ireland) is a method of direct marketing in which a salesperson solicits prospective customers to buy products or services, either over the phone or through a subsequent face to face or Web conferencing appointment scheduled during the call. Telemarketing can also include recorded sales pitches programmed to be played over the phone via automatic dialing. Telemarketing is defined as contacting, qualifying, and canvassing prospective customers using telecommunications devices such as telephone, fax, and internet. It does not include direct mail marketing.
Skill | Salary | Demand |
---|---|---|
Customer Relationship
|
$94,538 |
7%
|
Telemarketing
|
$94,538 |
7%
|
Product Marketing
|
$94,538 |
7%
|
Listening
|
$93,654 |
6%
|
Outside Sales
|
$92,771 |
5%
|
Billing
|
$92,771 |
5%
|
What Should I Pay?
Insurance Broker develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Being an Insurance Broker develops recommendations to advises customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Additionally, Insurance Broker requires a bachelor's degree. 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). Typically reports to a supervisor or manager. The Insurance Broker occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Insurance Broker typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Insurance Broker, the upper level is Insurance Senior Broker and then progresses to Insurance Managing Broker.
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Insurance Broker salary varies from city to city. Compared with national average salary of Insurance Broker, the highest Insurance Broker salary is in San Francisco, CA, where the Insurance Broker salary is 25.0% above. The lowest Insurance Broker salary is in Miami, FL, where the Insurance Broker salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Broker Relations Representative | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Agent | Experience | Education | Salary Compared to This Job |
Job Title Insurance Broker Executive | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Broker Trainee | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Managing Broker | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Insurance Broker salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Insurance Broker salary varies from category to category. Click below to see Insurance Broker salary in different categories.
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Core compensation
Includes base and annual incentives
About Jamestown, New York Jamestown is a city in southern Chautauqua County, New York, United States. The population was 31,146 at the 2010 census and was estimated at 29,591 i....More
Jamestown, New York area prices were up 1.5% from a year ago View the Cost of Living in Jamestown, New York
Insurance Broker Salary in popular cities: New York, Buffalo, Rochester
Skills associated with Insurance Broker: Requirements Analysis, Insurance Products, Insurance Agency Management Software, Insurance Software ...More
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