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Insurance Business Development Manager Salary in Arkansas

How much does an Insurance Business Development Manager make in Arkansas? As of September 01, 2026, the average salary for an Insurance Business Development Manager in Arkansas is $122,734 per year, which breaks down to an hourly rate of $59.

However, an Insurance Business Development Manager's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $147,637
  • Majority Range (25th-75th percentile): $113,231 to $135,769
  • Entry-Level (10th percentile): $104,579
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Insurance Business Development Manager Job Openings in Arkansas

Key Factors That Influence Insurance Business Development Manager Salaries

An Insurance Business Development Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Business Development Manager Salaries?

Experience is a primary driver of an Insurance Business Development Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $151,521
  • Early Career (1-2 years): $103,931
  • Mid-Level (2-4 years): $120,019
  • Senior-Level (5-8 years): $157,881
  • Expert (over 8 years): $191,201
Job RoleYears of ExperienceAverage Salary
Business Development Associate V less than 1 year $151,521
Business Development Supervisor 1-2 years $103,931
Insurance Business Development Manager 2-4 years $120,019
Business Development Manager, Sr. 5-8 years $157,881
Business Development Director over 8 years $191,201

How Do Insurance Business Development Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Business Development Managers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $150,422.
  • California: $149,851.
  • Massachusetts: $147,854.

Top Paying Cities for Insurance Business Development Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Star City: $120,725
  • Wesley: $122,602
  • West Fork: $123,381

Insurance Business Development Manager Salary by Industry: Top Paying Sectors

For Insurance Business Development Manager roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Insurance Business Development Manager positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Insurance Business Development Manager as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Business Development Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology $184,101 $89.0 50%
Aerospace & Defense $159,554 $77.0 30%

Insurance Business Development Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Business Development Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$113,231
Average $122,734/year
$135,769
$9,436
Average $10,228/month
$11,314
$2,178
Average $2,360/week
$2,611
$54
Average $59/hour
$65
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $135,769 $11,314 $2,611 $65
Average $122,734 $10,228 $2,360 $59
25th Percentile $113,231 $9,436 $2,178 $54

Find Your Next Insurance Business Development Manager Job

Ready to take the next step in your career? Browse thousands of current Insurance Business Development Manager job openings on our job board. Use the search bar below to find your perfect match.

  • Parker Young Construction LLC | North Little Rock, AR

    Manager Business Development

    Parker Young Construction LLC | North Little Rock, AR

    Job Description. Job Description. Job Description: Business Development Manager. Company. Endurant Disaster Recovery. Location. North Little Rock, AR. Job ... more

    5 Days Ago

  • Elwood Staffing | Conway, AR

    Business Development Manager

    Elwood Staffing | Conway, AR

    Job Description. Job Description. Elwood Staffing is also a performance and results-driven culture for the hard-working, passionate, and highly motivated. ... more

    5 Days Ago

  • First Electric Cooperative | Jacksonville, AR

    Business Development Manager

    First Electric Cooperative | Jacksonville, AR

    Job Description. Job Description. POSITION DESCRIPTION BUSINESS DEVELOPMENT MANAGERI. ObjectivesA. Develop, coordinate, and manage programs and initiatives... more

    6 Days Ago

  • ARMI Contractors | Fayetteville, AR

    Business Development Manager

    ARMI Contractors | Fayetteville, AR

    Job Description. Job Description. HVAC – New Business Development Manager.   . Who We Are . Since 2003, our family-owned business has specialized in proces... more

    3 Days Ago

  • Go Solutions | Blytheville, AR

    Business Development Manager

    Go Solutions | Blytheville, AR

    Job Description. Job Description. Business Development Manager – Industrial & Environmental Services. Location. Memphis, TN & Northeastern Arkansas (Territ... more

    7 Days Ago

  • Fresh Del Monte Produce Company | Rogers, AR

    Business Development Senior Manager

    Fresh Del Monte Produce Company | Rogers, AR

    Job Description. Job Description. Fresh Del Monte Produce Inc.  is a global leader in the production, distribution, and marketing of fresh, value-added, an... more

    7 Days Ago

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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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