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Insurance Business Development Manager Salary in Missouri

How much does an Insurance Business Development Manager make in Missouri? As of October 01, 2026, the average salary for an Insurance Business Development Manager in Missouri is $129,079 per year, which breaks down to an hourly rate of $62.

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

  • Top Earners (90th percentile): $155,343
  • Majority Range (25th-75th percentile): $119,099 to $142,827
  • Entry-Level (10th percentile): $110,013
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Insurance Business Development Manager Job Openings in Missouri

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): $159,342
  • Early Career (1-2 years): $111,692
  • Mid-Level (2-4 years): $126,215
  • Senior-Level (5-8 years): $166,038
  • Expert (over 8 years): $201,099
Job RoleYears of ExperienceAverage Salary
Business Development Associate V less than 1 year $159,342
Business Development Supervisor 1-2 years $111,692
Insurance Business Development Manager 2-4 years $126,215
Business Development Manager, Sr. 5-8 years $166,038
Business Development Director over 8 years $201,099

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:

  • Braggadocio: $125,076
  • Eugene: $125,586
  • Fortuna: $125,552

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 $193,618 $93.0 50%
Aerospace & Defense $167,802 $81.0 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 October 01, 2026
$119,099
Average $129,079/year
$142,827
$9,925
Average $10,757/month
$11,902
$2,290
Average $2,482/week
$2,747
$57
Average $62/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $142,827 $11,902 $2,747 $69
Average $129,079 $10,757 $2,482 $62
25th Percentile $119,099 $9,925 $2,290 $57

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.

  • Marick Mechanical | Saint Louis, MO

    Business Development Manager

    Marick Mechanical | Saint Louis, MO

    Job Description. Job Description. Business Development Manager. Marick Mechanical, an Orion Services Group company | St. Louis, MO | Field and office. Depa... more

    5 Days Ago

  • Invictus Financial LLC | Saint Louis, MO

    Business Development Manager

    Invictus Financial LLC | Saint Louis, MO

    Job Description. Job Description. Job Description. Our organization is expanding, and we are looking to hire a Business Development Manager. in St. Louis a... more

    5 Days Ago

  • Invictus Financial LLC | Kansas City, MO

    Business Development Manager

    Invictus Financial LLC | Kansas City, MO

    Job Description. Job Description. Job Description. Our organization is expanding, and we are looking to hire a Business Development Manager. in Kansas City... more

    5 Days Ago

  • Invictus Financial LLC | Springfield, MO

    Business Development Manager

    Invictus Financial LLC | Springfield, MO

    Job Description. Job Description. Job Description. Our organization is expanding, and we are looking to hire a Business Development Manager. in Springfield... more

    5 Days Ago

  • Kelly-Hill Company | Riverside, MO

    Business Development and Sales Manager

    Kelly-Hill Company | Riverside, MO

    Job Description. Job Description. Business Development & Sales Manager. Kelly‑Hill • Riverside, Missouri. Short‑Loop Rail Construction, Repair & Maintenanc... more

    6 Days Ago

  • Grantek Systems Integration | Kansas City, MO

    Business Development Manager

    Grantek Systems Integration | Kansas City, MO

    Job Description. Job Description. Company Description. From concept to design to execution, be part of the team that gets everyday products to people. From... more

    7 Days Ago

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