Insurance Broker Executive Salary in Auburn, Alabama

How much does an Insurance Broker Executive make hourly in Auburn, AL? The average hourly wage for an Insurance Broker Executive in Auburn, AL is $98 as of December 26, 2019, but the range typically falls between $81 and $120. Hourly rate 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. 

About Auburn, Alabama    The city of Auburn lies in western Lee County and is bordered by the city of Opelika to the northeast and by Chambers County to the north. The city st....More

Auburn, Alabama  area prices were up 1.5% from a year ago    View the Cost of Living in Auburn, Alabama

Job Description

Directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Ensures efficient operational processes. May lead the most complex accounts and deals. Has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. 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). Requires a bachelor's degree. Typically reports to senior management. 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. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2020 Salary.com)

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Understand the total hourly compensation opportunity for a Insurance Broker Executive, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
81
120
98

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
94
150
116
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Broker Executive in Auburn, AL. The average hourly rate for Insurance Broker Executive ranges from $81 to $120 with the average hourly pay of $98. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $94 to $150 with the average total hourly cash compensation of $116.
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81
120

 

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Career Path for this job

  1. Down a level:

    Insurance Managing Broker

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Insurance Broker Executive


    Bachelor's Degree

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Job Openings for Insurance Broker Executive in Auburn, AL