Insurance Broker Executive Salary in Alabama

How much does an Insurance Broker Executive make in Alabama? The average Insurance Broker Executive salary in Alabama is $208,047 as of December 26, 2019, but the range typically falls between $171,850 and $255,131. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in Alabama

About Alabama    Alabama (/ˌæləˈbæmə/) is a state in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Flori....More

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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Location Avg. Salary Date Updated
Location Abbeville, AL Avg. Salary $199,259 Date Updated December 26, 2019
Location Abernant, AL Avg. Salary $212,058 Date Updated December 26, 2019
Location Adamsville, AL Avg. Salary $214,905 Date Updated December 26, 2019
Location Addison, AL Avg. Salary $206,638 Date Updated December 26, 2019
Location Adger, AL Avg. Salary $212,340 Date Updated December 26, 2019
Location Akron, AL Avg. Salary $211,107 Date Updated December 26, 2019
Location Alabaster, AL Avg. Salary $213,695 Date Updated December 26, 2019
Location Alberta, AL Avg. Salary $206,363 Date Updated December 26, 2019
Location Albertville, AL Avg. Salary $212,905 Date Updated December 26, 2019
Location Alexander City, AL Avg. Salary $201,740 Date Updated December 26, 2019

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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