Insurance Broker Executive Salary in Phoenix, Arizona

How much does an Insurance Broker Executive make in Phoenix, AZ? The average Insurance Broker Executive salary in Phoenix, AZ is $232,009 as of May 27, 2021, but the range typically falls between $191,666 and $284,495. 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. 

About Phoenix, Arizona    Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to ....More

Phoenix, Arizona  area prices were up 2.2% from a year ago    View the Cost of Living in Phoenix, Arizona

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 2021 Salary.com)

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Average Base Salary

Core compensation

 
 
 
191666
284495
232009

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
222280
355911
275944
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Executive in Phoenix, AZ. The base salary for Insurance Broker Executive ranges from $191,666 to $284,495 with the average base salary of $232,009. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $222,280 to $355,911 with the average total cash compensation of $275,944.
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191666
284495

 

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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 Phoenix, AZ