Insurance Manager Salary in the United States

How much does an Insurance Manager make in the United States?

As of July 01, 2026, the average salary for an Insurance Manager in the United States is $97,591 per year, which breaks down to an hourly rate of $47.

However, an Insurance Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $120,650
  • Majority Range (25th-75th percentile): $83,369 to $109,661
  • Entry-Level (10th percentile): $70,420
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View as table View as graph 25% $83,369 10% $70,420 90% $120,650 75% $109,661 $97,591 50%(Median) Didn’t find job title? Click

Insurance Manager Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $109,661 $9,138 $2,109 $53
Average $97,591 $8,133 $1,877 $47
25th Percentile $83,369 $6,947 $1,603 $40
Check out Insurance Manager Job Openings in the United States
Senior Vice President Insurance Producer

Confidential - Columbus, OH

Senior Vice President Aviation Insurance

Confidential - Columbus, OH

Vice President Risk&amp Insurance

Confidential - Columbus, OH

Head of Strategic Partnerships Travel Insurance

Confidential - Columbus, OH

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Key Factors That Influence Insurance Manager Salaries

An Insurance Manager'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.

Top Paying Cities for Insurance Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $123,091
  • San Francisco: $121,743
  • Oakland: $119,178

What Skills Can Increase an Insurance Manager's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.66% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Product Knowledge (Mentioned in 3.28% Job Postings): Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.
  • Forecasting (Mentioned in 1.52% Job Postings): Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.
See More Skills
Skills Demand Percentage
Customer Service 7.66%
Product Knowledge 3.28%
Forecasting 1.52%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Insurance Manager's salary.
  • Rehabilitation Services: Can increase your salary by up to 172%.
  • Financial Accounting: Can increase your salary by up to 83%.
  • CPA: Can increase your salary by up to 70%.
Skill Salary Salary % Increase
Rehabilitation Services
$265,446
172%
Financial Accounting
$178,591
83%
CPA
$165,904
70%
Corporate Finance
$157,121
61%
Project Management
$156,145
60%
Financial Analysis
$148,338
52%
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Insurance Manager Salary by Industry: Top Paying Sectors

For Insurance Manager roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 60% above the average. In contrast, Insurance Manager positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Insurance Manager as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$156,145$75.060%
Financial Services$117,109$56.020%

How Education impacts an Insurance Manager's Salary?

Your level of education can impact your salary potential. While many Insurance Managers enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Insurance Manager with a Associate's Degree is between $82,626 and $92,692).

Insurance Manager Salaries by Degree Level

Typical Education for Insurance Manager
Degree Level % of user with this level of education
No Diploma 0.9%
High School 26.2%
Associates 11.8%
Bachelors 45.0%
Masters 16.2%
Doctorate 0.0%
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Insurance Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Manager'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 July 01, 2026

Salary Trends for Insurance Manager

Salaries for an Insurance Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $105,051 in 2023 to around $103,911 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Insurance Manager salary trends, .

Average Annual Salary of Insurance Manager Over Time

2022
$???
2023
$105,051
2024
$105,581
2025
$103,911
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $105,051
2024 $105,581
2025 $103,911
2026
View More
2027
View More

Most common benefits for Insurance Manager

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Insurance Manager

Here are companies hiring for Insurance Manager and their salaries, click below for more details.

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Ready to take the next step in your career? Browse thousands of current Insurance Manager job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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