How much does an Insurance Senior Broker make in Narragansett, RI? The average Insurance Senior Broker salary in Narragansett, RI is $171,228 as of April 24, 2024, but the range typically falls between $140,267 and $217,040. 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 Senior Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Senior Broker Salary $112,079 Narragansett,RI April 24, 2024
25th Percentile Insurance Senior Broker Salary $140,267 Narragansett,RI April 24, 2024
50th Percentile Insurance Senior Broker Salary $171,228 Narragansett,RI April 24, 2024
75th Percentile Insurance Senior Broker Salary $217,040 Narragansett,RI April 24, 2024
90th Percentile Insurance Senior Broker Salary $258,749 Narragansett,RI April 24, 2024
25% $140,267 10% $112,079 90% $258,749 75% $217,040 $171,228 50%(Median) Didn’t find job title? Click
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What skills does an Insurance Senior Broker 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.

Flexibility: Adapting, responding to, and dealing with the changing environment and new situations.

2.

Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.

3.

Financial Literacy: Financial literacy is the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust.

Flexibility 4.47%
Brokerage 1.28%
Financial Literacy 4.31%
Others 89.94%

Job Description for Insurance Senior Broker

Insurance Senior 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 Senior Broker develops recommendations to advise 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 Senior 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 Senior Broker work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Insurance Senior Broker typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Insurance Senior Broker in Narragansett, RI
  • Job Description. Job Description. Who We Are. The Kushner Agency is a father-daughter owned multi-million dollar insurance agency. Our contracted agents wo...
    - 2 Days Ago
  • Job Description. Job Description. Are you looking for a work from home job with great possibilities and opportunities to move up. Well look no further. As ...
    - 2 Days Ago
  • Duration. 12 months. Employment Type. W-2. Position Summary. As a Pharmacy Insurance Specialist, you will be responsible for ensuring that all required thi...
    - Just Posted
  • Entry Level Insurance Sales Agent Bankers Life® is looking for entry-level insurance sales agents near you. Our agents come from diverse professional backg...
    - 3 Days Ago
  • Carey, Richmond & Viking Insurance. is one of the leading independent insurance agencies in southern New England. We are a 3rd generation family-owned insu...
    - 1 Day Ago

Career Path for Insurance Senior Broker

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 Senior Broker, the upper level is Insurance Managing Broker and then progresses to Insurance Broker Executive.

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

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
140267
217040
171228

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
152727
241718
187999
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Senior Broker in Narragansett, RI. The base salary for Insurance Senior Broker ranges from $140,267 to $217,040 with the average base salary of $171,228. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $152,727 to $241,718 with the average total cash compensation of $187,999.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

140267
217040

 

Step 3 of 3

How much should you be paid?

About Narragansett, Rhode Island    Narragansett is a town in Washington County, Rhode Island, United States. The population was 15,868 at the 2010 census. However, during the summer mon....More

Narragansett, Rhode Island  area prices were up 1.6% from a year ago    View the Cost of Living in Narragansett, Rhode Island

Insurance Senior Broker Salary in popular cities: ProvidenceWarwickCranston

Skills associated with Insurance Senior Broker: Risk Assessment, Insurance Products, Insurance Management, Requirements Analysis ...More

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