How much does a Commercial Insurance Agent make in Newark, NJ? The average Commercial Insurance Agent salary in Newark, NJ is $90,943 as of March 26, 2024, but the salary range typically falls between $78,607 and $111,126. 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.

Based on HR-reported data: a national average with a geographic differential
Commercial Insurance Agent Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Insurance Agent Salary $67,376 Newark,NJ March 26, 2024
25th Percentile Commercial Insurance Agent Salary $78,607 Newark,NJ March 26, 2024
50th Percentile Commercial Insurance Agent Salary $90,943 Newark,NJ March 26, 2024
75th Percentile Commercial Insurance Agent Salary $111,126 Newark,NJ March 26, 2024
90th Percentile Commercial Insurance Agent Salary $129,502 Newark,NJ March 26, 2024
25% $78,607 10% $67,376 90% $129,502 75% $111,126 $90,943 50%(Median) Didn’t find job title? Click
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Job Openings for Commercial Insurance Agent in Newark, NJ
Overview: Build your career at one of the top companies for professional growth in the U.S.! Khakis optional. At State Farm we invest in our employees by providing a competitive Total Rewards package: Potential salary range: $68,787.06 - $99,038.28 ($34.14/hr- $49.15/hr) Because work-life-balance is a priority at State Farm, compensation is based on our standard 38 hour:45 minute work week! Salary offered is dependent on skills and qualifications, with the high end of the range limited to applicants with significant relevant experience. You are also eligible for: An annual bonus based on individual and enterprise performance Annual merit increases 401(k) contribution Paid Time Off (PTO), plus: 5 days of Life Leave to take care of yourself and your family, Paid Volunteer Time, and an Annual Celebration Day to celebrate whats important to you! Industry leading Tuition Assistance Programs Wellness?and mental health programs Discounts from hundreds of retailers through our Perks at Work pr
- Today
Tokio Marine America - Jersey City , NJ
About Tokio Marine: Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations. We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success. Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual
- Today
Chubb - Plainfield , NJ
Job Description Executive - General Adjuster This position will have three primary responsibilities: - Large and Complex Loss Handling throughout the United States. - This individual will report directly to the Vice President of Property Claims. - Travel estimate at 50% of the time to visit loss sites and perform re-inspections. - The position will have regular interaction with other functional disciplines at both a corporate and claim region level. Key responsibilities and essential skills are listed below. KEY RESPONSIBILITIES AND ESSENTIAL FUNCTIONS Large Loss: - Handle 2 to 4 new/transferred large personal lines and commercial lines property losses per month with loss exposure of $5M+. - Conduct thorough coverage analysis and policy reviews across various contracts. - Properly scope and provide quick, accurate assessments of our largest exposures. - Resource for niche commercial markets to include: wineries, life sciences, hospitals, etc. - Negotiate settlements with the insured fo
- Today
Tokio Marine America - Jersey City , NJ
About Tokio Marine: Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations. We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success. Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual
- 1 day ago
AIG - Jersey City , NJ
Complex Director- Excess Major Claims | Primary Severity Unit Who we are American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Get to know the business General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the worlds most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network. Our Claims professionals support AIG policyholders through some of the most trying times.
- 1 day ago
Berkley - Jersey City , NJ
Company Details: W. R. Berkley Corporation, founded in 1967, is one of the nations premier commercial lines property casualty insurance providers. Founded in 2004, Berkley Environmental has underwriting and account executive units in seven regions. Berkley Environmental offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. We provide a comprehensive portfolio of commercial property casualty insurance, automobile liability and workers compensation, along with claim services, providing expertise to meet the unique business needs of our customers. Company URL: https://berkleyenvironmental.com/ The company is an equal opportunity employer. Responsibilities: This Senior Claims Examiner is responsible for reviewing, processing, investigating, evaluating, negotiating and the settling of assigned property damage or bodily injury claims with the authority level generally up to $100,000.00.
- 1 day ago

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Understand the total compensation opportunity for a Commercial Insurance Agent, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
78607
111126
90943

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
81472
118858
95537
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Insurance Agent in Newark, NJ. The base salary for Commercial Insurance Agent ranges from $78,607 to $111,126 with the average base salary of $90,943. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $81,472 to $118,858 with the average total cash compensation of $95,537.

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78607
111126

 

About Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago

Commercial Insurance Agent Salary in popular cities: Jersey CityPatersonElizabeth

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