Insurance Broker Executive Salary in District of Columbia

How much does an Insurance Broker Executive make in District of Columbia? The average Insurance Broker Executive salary in District of Columbia is $251,702 as of January 20, 2020, but the range typically falls between $207,919 and $308,663. 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 District of Columbia

About District of Columbia    Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....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)

Select a city to view specific salary and bonus information for Insurance Broker Executive

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $251,702 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $251,702 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $251,702 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $251,702 Date Updated January 20, 2020

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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