As of May 01, 2026, the average salary for a Captive Insurance Agent in the United States is $51,720 per year, which breaks down to an hourly rate of $25.
However, a Captive Insurance Agent's salary can vary significantly. Here’s a look at the typical salary range:
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A Captive Insurance Agent'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.
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 Captive Insurance Agents. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Troubleshooting | 7.58% |
| Electrical Troubleshooting | 4.54% |
| Preventive Maintenance | 1.86% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Hydraulics
|
$60,513 |
17%
|
|
Analysis
|
$58,961 |
14%
|
|
Products and Services
|
$55,858 |
8%
|
|
Commitment
|
$55,341 |
7%
|
|
Emergency Services
|
$54,823 |
6%
|
|
Alignment
|
$54,823 |
6%
|
Your level of education can impact your salary potential. While many Captive Insurance Agents enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Captive Insurance Agent with a High School Diploma or Technical Certificate is between $46,526 and $50,315).
Captive Insurance Agent Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.6% |
| High School | 69.3% |
| Associates | 25.5% |
| Bachelors | 3.1% |
| Masters | 0.9% |
| Doctorate | 0.3% |
Understanding how a Captive Insurance Agent'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 May 01, 2026Salaries for a Captive Insurance Agent can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $47,676 in 2023 to around $47,711 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Captive Insurance Agent salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $47,676 |
| 2024 | $47,892 |
| 2025 | $47,711 |
| 2026 |
View More
|
| 2027 |
View More
|
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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