Insurance Broker Executive Salary in Parcel Return Service, District of Columbia

How much does an Insurance Broker Executive make in Parcel Return Service, DC? The average Insurance Broker Executive salary in Parcel Return Service, DC is $261,449 as of May 27, 2021, but the range typically falls between $215,987 and $320,595. 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 Parcel Return Service, District of Columbia    British Columbia is bordered to the west by the Pacific Ocean and the American state of Alaska, to the north by Yukon Territory and the Northwest Terr....More

Parcel Return Service, District of Columbia  area prices were up 1.3% from a year ago    View the Cost of Living in Parcel Return Service, District of Columbia

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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Understand the total compensation opportunity for a Insurance Broker Executive, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
215987
320595
261449

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
250485
401073
310959
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 Parcel Return Service, DC. The base salary for Insurance Broker Executive ranges from $215,987 to $320,595 with the average base salary of $261,449. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $250,485 to $401,073 with the average total cash compensation of $310,959.
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215987
320595

 

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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 Parcel Return Service, DC