Salary for
Branch Manager - Insurance in the United States

How much does a Branch Manager - Insurance earn in the United States? The average Branch Manager - Insurance salary in the United States is $112,991 as of March 28, 2019, but the range typically falls between $92,482 and $135,798. 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.  View Cost of Living in Major Cities

Job Description

Manages the daily activities of the branch office, with duties such as insurance claim processing (home, auto, life, mortgage, etc.), marketing, auditing, loss prevention, and underwriting. Hires, trains, and monitors the performance od new insurance agents. Provides updates to the regional manager regarding operating results, insurance trends, and competitor methods. May provide guidance on more complex issues. Develops new business through selling and marketing activities. Requires a bachelor's degree. Typically reports to the regional manager. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 3+ years of managerial experience.

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Salary range for a Branch Manager - Insurance
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Average Base Salary

Core compensation

 
 
 
92482
135798
112991

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
101275
164381
127540
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Branch Manager - Insurance in the United States. The base salary for Branch Manager - Insurance ranges from $92,482 to $135,798 with the average base salary of $112,991. The total compensation, which includes bonus, health and retirement, can vary anywhere from $101,275 to $164,381 with the average total compensation of $127,540.
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92482
135798
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Career Path for this job

  1. Down a level:

    Broker Relations Representative

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Branch Manager - Insurance


    Bachelor's Degree

  3. Up a level:

    Regional Agency Director


    Bachelor's Degree

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Job Openings for Branch Manager - Insurance