How Much Does a Managing Insurance Agent make?

Managing Insurance Agent made a median salary around $238,377 in December, 2024. The best-paid 25 percent made $297,748 probably that year, while the lowest-paid 25 percent made around $192,416. 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.
25% $192,416 10% $150,571 90% $351,802 75% $297,748 $238,377 50%(Median)
Check out Managing Insurance Agent jobs in Racine, Wisconsin

Insurance Agent

Country Financial - Oconomowoc, WI

Insurance Agent

Country Financial - Green Bay, WI

Insurance Agent

Country Financial - Burlington, WI

Insurance Account Representative - State Farm Agent Team Member

Sammie Bostrom - State Farm Agent - Eau Claire, WI

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Best-Paying Cities for Managing Insurance Agent

The metropolitan areas that pay the highest salary in the Managing Insurance Agent profession are Almena , Amery , Baldwin , Balsam Lake , Barron .
Almena, WI $257,466
Amery, WI $257,466
Baldwin, WI $257,466
Balsam Lake, WI $257,466
Barron, WI $257,466

Best-Paying States for Managing Insurance Agent

The states and districts that pay Managing Insurance Agent the highest salary are District of Columbia (around $272,396) , California (around $269,948) , New Jersey (around $268,235) , Alaska (around $266,522) , and Massachusetts (around $266,277) .
District of Columbia $272,396
California $269,948
New Jersey $268,235
Alaska $266,522
Massachusetts $266,277

What is the Career Path of Managing Insurance Agent?

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.

The first career path typically progresses to Insurance Broker Executive.
Besides, Managing Insurance Agent can also turn to other related jobs, including Insurance Agent , Insurance Managing Broker , Insurance Agent/ Insurance Professional and Commercial Insurance Agent .

Frequently Asked Questions for Managing Insurance Agent

Q: What is the salary range of Managing Insurance Agent in Racine, WI?
A: In 2024 , the lowest-paid Managing Insurance Agent in Racine, WI earned an average annual salary of $192,416 , while the highest-paid made $297,748.
Q: What is the salary for a Managing Insurance Agent in California?
A: Managing Insurance Agent employed in California earned an average salary of $269,948 in 2024.

Average Managing Insurance Agent Pay vs. Other Jobs

Managing Insurance Agent earned an average salary of $238,377 in 2024. Other jobs related to Managing Insurance Agent earned the following average salary in December, 2024. Insurance Agent made $54,986 , Insurance Managing Broker made $234,011 , Insurance Agent/ Insurance Professional and Commercial Insurance Agent made $164,032 and $79,937 respectively .

Relevant Jobs of Managing Insurance Agent

Insurance Agent - Average Salary $54,986
Insurance Agent sells insurance to new and current clients. May require an associate's degree with at least 2 years of experience in the field or in a related area. Being an Insurance Agent is familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Additionally, Insurance Agent performs a variety of tasks. Works under general supervision; typically reports to a supervisor or manager. A degree of creativity and latitude is expected.
Insurance Managing Broker - Average Salary $234,011
Insurance Managing 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 Managing 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 Managing 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 Managing Broker work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Insurance Managing Broker typically requires 7+ years of related experience.
Insurance Agent/ Insurance Professional - Average Salary $164,032
There is currently no job description for Insurance Agent/ Insurance Professional, be the first to submit the job responsibilities for Insurance Agent/ Insurance Professional.
Commercial Insurance Agent - Average Salary $79,937
There is currently no job description for Commercial Insurance Agent, be the first to submit the job responsibilities for Commercial Insurance Agent.
CSR Agent Insurance - Average Salary $92,835
There is currently no job description for CSR Agent Insurance, be the first to submit the job responsibilities for CSR Agent Insurance.