MANHATTAN BRIDGE CAPITAL, INC Insurance Broker Executive Salary in the United States

How much does an Insurance Broker Executive make at companies like MANHATTAN BRIDGE CAPITAL, INC in the United States? The average salary for Insurance Broker Executive at companies like MANHATTAN BRIDGE CAPITAL, INC in the United States is $244,125 as of May 28, 2020, but the range typically falls between $201,661 and $299,376. 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.  View the Cost of Living in Major Cities

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What does an Insurance Broker Executive do at companies like MANHATTAN BRIDGE CAPITAL, INC?

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 2020 Salary.com)

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Check out Insurance Broker Executive jobs in Virginia

Sales Representative

Muse Agency - Lynchburg, VA

WORK FROM HOME INSURANCE SALES REPRESENTATIVE

Kurt Young Insurance Group - Norfolk, VA

$201,661 Low Average $244,125 High $299,376

Understand the total compensation opportunity for Insurance Broker Executive at companies like MANHATTAN BRIDGE CAPITAL, INC, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$201,661
$299,376
$244,125

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$233,856
$374,497
$290,291
These charts show the average base salary (core compensation), as well as the average total cash compensation for Insurance Broker Executive in companies like MANHATTAN BRIDGE CAPITAL, INC in the United States. The base salary for Insurance Broker Executive in companies like MANHATTAN BRIDGE CAPITAL, INC range from $201,661 to $299,376 with the average base salary of $244,125. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $233,856 to $374,497 with the average total cash compensation of $290,291.
Job Openings for MANHATTAN BRIDGE CAPITAL, INC Insurance Broker Executive

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