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Hourly Wage for Insurance Agency Executive Director Salary in the United States

How much does an Insurance Agency Executive Director make hourly?

As of August 01, 2026, the average hourly rate for an Insurance Agency Executive Director in the United States is $122, which translates to an annual salary of about $252,887.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $145 per hour
  • Majority Range (25th-75th percentile): $108 to $134 per hour
  • Entry-Level (10th percentile): $96 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Insurance Agency Executive Director Salaries

An Insurance Agency Executive Director's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Insurance Agency Executive Director Salaries?

Experience is a primary driver of an Insurance Agency Executive Director's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Broker Relations Representative (2-4 years): $58,492
  • Branch Manager - Insurance (4-5 years): $125,513
  • Regional Agency Director (5+ years): $207,817
  • Insurance Agency Executive Director (5+ years): $252,887
Job Role Years of Experience Average Salary
Broker Relations Representative2-4 years$58,492
Branch Manager - Insurance4-5 years$125,513
Regional Agency Director5+ years$207,817
Insurance Agency Executive Director5+ years$252,887
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How Do Insurance Agency Executive Directors Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Agency Executive Directors. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $279,996.
  • California: $278,934.
  • Massachusetts: $275,217.

Top Paying Cities for Insurance Agency Executive Director

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $318,966
  • San Francisco: $315,474
  • Oakland: $308,826

Insurance Agency Executive Director Salary by Company Size: Startups vs. Enterprise

Insurance Agency Executive Director salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $272,272. While startup companies pay approximate $230,757.

Insurance Agency Executive Director Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $230,757
Growth Stage 51~500 $243,985
Established 501~5000 $263,018
Enterprise 5000+ $272,272

Insurance Agency Executive Director Salary by Industry: Top Paying Sectors

For Insurance Agency Executive Director roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 30% above the average. In contrast, Insurance Agency Executive Director positions in Edu., Gov't. & Nonprofit or Business Services typically offer lower base pay, as these industries often view Insurance Agency Executive Director as a support function rather than a direct revenue driver.

The top paying industry for an Insurance Agency Executive Director

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$328,753$158.030%

How Education impacts an Insurance Agency Executive Director's Salary?

Your level of education can impact your salary potential. While many Insurance Agency Executive Director enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Insurance Agency Executive Director with a Bachelor's Degree is between $239,884 and $273,117.

Insurance Agency Executive Director Salaries by Degree Level

Typical Education for Insurance Agency Executive Director
Degree Level % of user with this level of education
No Diploma 1.8%
High School 19.1%
Associates 7.3%
Bachelors 49.1%
Masters 20.0%
Doctorate 2.7%
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Insurance Agency Executive Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Agency Executive Director's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$224,561
Average $252,887/year
$278,284
$18,713
Average $21,074/month
$23,190
$4,318
Average $4,863/week
$5,352
$108
Average $122/hour
$134
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $278,284 $23,190 $5,352 $134
Average $252,887 $21,074 $4,863 $122
25th Percentile $224,561 $18,713 $4,318 $108

Most common benefits for Insurance Agency Executive Director

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Insurance Agency Executive Director

Here are companies hiring for Insurance Agency Executive Director and their salaries, click below for more details.

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FAQ about Insurance Agency Executive Director

1. What are the responsibilities of Insurance Agency Executive Director?

Leads enterprise insurance agency operations by establishing strategic direction, operational policies, and growth initiatives supporting organizational profitability and market expansion objectives. Develops long-term business strategies, agency governance frameworks, and sales leadership programs to strengthen operational performance and competitive positioning. Oversees regional and branch leadership teams while directing budgeting, forecasting, staffing, and operational planning activities across the agency organization. Evaluates enterprise performance metrics, regulatory developments, and market trends to guide strategic decision-making and business investments. Collaborates with executive leadership, insurance carriers, regulatory agencies, and external business partners to support organizational growth and compliance initiatives. Champions customer experience, operational excellence, and continuous improvement programs across all agency functions and distribution channels. Requires a bachelor's degree. Requires NIPR State Licensure. Typically reports to top management. Manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. Typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.

Where Does Our Salary Data Come From?

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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