Insurance Consultant Salary
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How much does an Insurance Consultant make? The average Insurance Consultant salary is $94,383 as of June 27, 2024, but the salary range typically falls between $81,383 and $115,293. 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.
Salary range for an Insurance Consultant
$81,383 to $115,293
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What does an Insurance Consultant do?
Common responsibilities of an Insurance Consultant
Actively contributes to projects as a team member, demonstrating an understanding of both the upstream and downstream impacts of changes within and outside of Underwriting, may lead smaller scope projects within Underwriting.
February 27, 2023
Assisting with IRS audit defense including preparation of IDR responses and drafting issue responses as well as more formal appeals.
March 22, 2023
Review applications, renewal requests and endorsements for accuracy and compliance with company underwriting authority and guidelines.
March 24, 2023
Acts as the quarterback on the servicing team to meet client expectations and retain clients - including being an advocate for clients with insurance carriers, third party administrators, service staff and professional resources.
March 31, 2023
Participates in the identification, documentation, analysis and validation of intermediate level business processes, systems, and solution requirements.
April 17, 2023
Demonstrates a strong ability to help others gain an understanding of the underwriting process, including case reviews, identifying training needs and developing and delivering training.
April 24, 2023
Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for his/her assigned area(s) of responsibility.
April 24, 2023
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Explore JobArchitectInsurance Consultant Salary in Major Cities
This chart shows the salary comparison for Insurance Consultant between major cities. San Francisco City consistently ranks #1 as of June 27, 2024. Click on the chart to see the detail salary data for Insurance Consultant in each city.
Insurance Consultant Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Insurance Consultant Salary by City
Click to see the salary for Insurance Consultant in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $117,978 |
| Washington, DC | $105,048 |
| Miami, FL | $91,079 |
| Chicago, IL | $99,007 |
| Boston, MA | $105,803 |
| New York, NY | $110,239 |
| Dallas, TX | $93,156 |
If you'd like know Insurance Consultant Salary in other cities, then please select a city in
Average Salary Range for Insurance Consultant
Average Base Salary
Core compensation
81383
115293
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Insurance Consultant in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Consultant in the United States. The base salary for Insurance Consultant ranges from $81,383 to $115,293 with the average base salary of $94,383. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,464 to $123,475 with the average total cash compensation of $99,308.
View Average Salary for Insurance Consultant as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $94,383 | $81,383 - $115,293 |
| Bonus | $4,925 | $3,081 - $8,182 |
| Total Pay | $99,308 | $84,464 - $123,475 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Insurance Consultant online for free
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Please enter the following pay factors for Insurance Consultant, to get a real-time salary target.
If you want to get more detailed salary information, please view Professional Salary Report
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81383
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Similar Jobs to Insurance Consultant
Comments about Insurance Consultant
What's the difference between Insurance Claims Consultant and Insurance Consultant?
According to our latest salary estimation on June 27, 2024. The average salary of Insurance Consultant is $94,383, and the average salary of Insurance Claims Consultant is $40,740. The average salary of Insurance Claims Consultant is lower than Insurance Consultant. ( 2024-06-27 salary.com )
I am an Insurance Consultant, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Insurance Consultant. an Insurance Consultant Salary in Bentonville, AR is $85,322 as of June 27, 2024; an Insurance Consultant Salary in Auburn, AL is $83,245 as of June 27, 2024. ( 2024-06-27 salary.com )
Insurance Consultant Frequently Asked Questions
Why does the salary of an Insurance Consultant vary from city to city?
The cost of living is tied to salaries.
If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there.
This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-06-27 salary.com )
What are the Pay Factors for Insurance Consultant?
Salary ranges for an Insurance Consultant can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience.
Click here to view Eight Factors That Can Affect Your Pay ( 2024-06-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company,
but there are several important pay factors that come into play based on your individual history that could impact your value to the company.
Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-06-27 salary.com )
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Last Update: June 27, 2024