What are the main factors that influence an Insurance Business Development Manager's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Insurance Business Development Manager?

The Biotechnology industry offers the highest average compensation for Insurance Business Development Manager roles, with salaries approximately 50% above the market median.

How does experience change An Insurance Business Development Manager's salary?

An Insurance Business Development Manager's salary grows with experience: starting around $158,000 for beginners, reaching about $125,152 at mid-level, and approach $199,406 for experts.

What are the highest paying states for an Insurance Business Development Manager?

Insurance Business Development Manager salary varies significantly by state. The top 3 highest paying states for Insurance Business Development Manager roles are District of Columbia $150,422, California $149,851, Massachusetts $147,854. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Business Development Manager roles make?

Salaries for Insurance Business Development Manager level roles vary by specialization: SVP of Insurance Product Development: $253,401; Insurance Actuary Manager: $172,180; Insurance Product Development Senior Manager: $168,986; Business Development Manager - Biotech: $136,988; Business Development Manager: $132,301.

Insurance Business Development Manager Salary in Nebraska

How much does an Insurance Business Development Manager make in Nebraska? As of October 01, 2026, the average salary for an Insurance Business Development Manager in Nebraska is $127,992 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): $154,035
Majority Range (25th-75th percentile): $118,096 to $141,624
Entry-Level (10th percentile): $109,086

10% $109,086

50% (Median) $127,992

90% $154,035

Insurance Business Development Manager Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$141,624	$11,802	$2,724	$68
Average	$127,992	$10,666	$2,461	$62
25th Percentile	$118,096	$9,841	$2,271	$57

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Check out Insurance Business Development Manager Job Openings in Nebraska

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Gibbons Group – Omaha, NE

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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): $158,000
Early Career (1-2 years): $110,751
Mid-Level (2-4 years): $125,152
Senior-Level (5-8 years): $164,640
Expert (over 8 years): $199,406

Job Role	Years of Experience	Average Salary
Business Development Associate V	less than 1 year	$158,000
Business Development Supervisor	1-2 years	$110,751
Insurance Business Development Manager	2-4 years	$125,152
Business Development Manager, Sr.	5-8 years	$164,640
Business Development Director	over 8 years	$199,406

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.

District of Columbia $150,422 California $149,851 Massachusetts $147,854 Washington $147,311 New Jersey $147,256 Alaska $147,066 Connecticut $145,191 New York $144,431

Hawaii $141,999 Rhode Island $140,858 Maryland $140,083 Minnesota $139,023 Colorado $138,616 Illinois $138,480 Oregon $137,964 Delaware $137,583

New Hampshire $137,344 Virginia $136,809 Pennsylvania $135,247 Nevada $134,459 North Dakota $134,201 Michigan $133,793 Wisconsin $133,644 Vermont $133,345

Texas $132,516 Maine $132,462 Arizona $132,380 Ohio $132,285 Georgia $131,035 Indiana $130,410 Wyoming $130,288 Utah $130,098

Iowa $130,016 Kansas $129,364 Louisiana $129,174 North Carolina $129,106 Missouri $129,079 Florida $128,549 Montana $128,264 Nebraska $127,992

Kentucky $127,842 South Carolina $127,299 Tennessee $126,959 Idaho $126,823 New Mexico $125,832 Oklahoma $125,614 Alabama $124,813 South Dakota $123,468

Arkansas $122,734 West Virginia $122,340 Mississippi $121,158

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:

Offutt A F B: $129,088
La Vista: $129,087
Adams: $126,770

Offutt A F B, NE $129,088

La Vista, NE $129,087

Adams, NE $126,770

Alexandria, NE $126,194

Alvo, NE $127,005

Auburn, NE $126,597

Avoca, NE $127,292

Barneston, NE $126,747

Beatrice, NE $126,655

Beaver Crossing, NE $126,626

Bee, NE $126,799

Belvidere, NE $126,147

Benedict, NE $126,372

Bennet, NE $126,789

Blue Springs, NE $126,349

Bradshaw, NE $126,323

Brock, NE $126,504

Brownville, NE $126,472

Bruning, NE $126,257

Burchard, NE $126,107

Burr, NE $126,882

Byron, NE $126,021

Carleton, NE $126,163

Chester, NE $126,114

Clatonia, NE $126,726

Cook, NE $126,895

Cordova, NE $126,584

Cortland, NE $126,741

Crab Orchard, NE $126,735

Crete, NE $126,743

Davenport, NE $126,169

Davey, NE $126,794

Dawson, NE $126,144

Daykin, NE $126,298

Denton, NE $126,772

Deshler, NE $126,285

De Witt, NE $126,583

Diller, NE $126,242

Dorchester, NE $126,640

Douglas, NE $126,826

Du Bois, NE $126,068

Dunbar, NE $127,122

Eagle, NE $126,859

Elk Creek, NE $126,351

Elmwood, NE $127,091

Endicott, NE $126,131

Exeter, NE $126,374

Fairbury, NE $126,382

Fairmont, NE $126,338

Falls City, NE $126,363

Filley, NE $126,548

Firth, NE $126,764

Friend, NE $126,587

Garland, NE $126,779

Geneva, NE $126,448

Gilead, NE $126,302

Goehner, NE $126,647

Grafton, NE $126,213

Greenwood, NE $127,065

Gresham, NE $126,425

Wilcox, NE $126,079

Alma, NE $126,121

Arapahoe, NE $126,068

Atlanta, NE $126,620

Axtell, NE $126,154

Ayr, NE $126,150

Beaver City, NE $125,954

Bertrand, NE $126,064

Bladen, NE $126,038

Bloomington, NE $125,943

Blue Hill, NE $126,173

Campbell, NE $126,053

Clay Center, NE $126,272

Deweese, NE $126,126

Edgar, NE $126,152

Edison, NE $125,901

Elwood, NE $126,068

Fairfield, NE $126,178

Franklin, NE $126,099

Funk, NE $126,064

Glenvil, NE $126,175

Guide Rock, NE $125,982

Hardy, NE $126,029

Harvard, NE $126,253

Heartwell, NE $126,079

Hendley, NE $125,921

Hildreth, NE $126,079

Holbrook, NE $125,928

Holdrege, NE $126,265

Holstein, NE $126,112

Inavale, NE $125,924

Inland, NE $126,185

Juniata, NE $126,298

Kenesaw, NE $126,216

Lawrence, NE $126,117

Loomis, NE $126,088

Minden, NE $126,218

Naponee, NE $125,972

Nelson, NE $126,118

Oak, NE $126,124

Orleans, NE $125,992

Oxford, NE $126,031

Ragan, NE $126,072

Red Cloud, NE $126,116

Republican City, NE $125,968

Riverton, NE $125,859

Roseland, NE $126,181

Ruskin, NE $126,099

Saronville, NE $126,175

Smithfield, NE $126,002

Stamford, NE $125,894

Superior, NE $126,194

Sutton, NE $126,322

Trumbull, NE $126,224

Upland, NE $126,014

Bellwood, NE $126,592

Mc Cook, NE $126,126

Bartley, NE $125,896

Benkelman, NE $125,860

Cambridge, NE $125,992

Champion, NE $126,056

Culbertson, NE $125,904

Curtis, NE $125,961

Danbury, NE $125,833

Enders, NE $125,749

Eustis, NE $125,972

Farnam, NE $125,849

Haigler, NE $125,871

Hayes Center, NE $125,772

Imperial, NE $126,079

Indianola, NE $125,944

Lebanon, NE $125,844

Max, NE $125,766

Maywood, NE $125,841

Moorefield, NE $125,795

Palisade, NE $125,860

Parks, NE $125,678

Stockville, NE $125,586

Stratton, NE $125,813

Trenton, NE $125,887

Wauneta, NE $125,845

Wilsonville, NE $125,814

North Platte, NE $126,224

Arnold, NE $125,878

Arthur, NE $125,487

Big Springs, NE $125,993

Brady, NE $125,916

Broadwater, NE $125,624

Brule, NE $125,963

Bushnell, NE $126,394

Chappell, NE $126,076

Cozad, NE $126,175

Dalton, NE $125,704

Dickens, NE $125,690

Dix, NE $125,931

Elsie, NE $125,734

Elsmere, NE $125,523

Gothenburg, NE $126,107

Grant, NE $126,084

Abie, NE $127,027

Arlington, NE $128,308

Ashland, NE $127,548

Bancroft, NE $126,165

Bellevue, NE $129,096

Bennington, NE $128,927

Blair, NE $128,557

Boys Town, NE $129,080

Bruno, NE $126,997

Cedar Bluffs, NE $127,440

Cedar Creek, NE $128,588

Ceresco, NE $126,887

Colon, NE $127,412

Craig, NE $126,616

Decatur, NE $126,227

Elkhorn, NE $128,821

Fort Calhoun, NE $128,952

Fremont, NE $127,935

Gretna, NE $128,386

Herman, NE $128,084

Homer, NE $123,676

Hooper, NE $127,648

Ithaca, NE $127,264

Kennard, NE $128,674

Linwood, NE $126,617

Louisville, NE $128,298

Lyons, NE $126,309

Macy, NE $125,057

Malmo, NE $127,178

Mead, NE $127,712

Memphis, NE $127,408

Hallam, NE $126,745

Hebron, NE $126,242

Henderson, NE $126,416

Hickman, NE $126,770

Hubbell, NE $126,040

Humboldt, NE $126,288

Jansen, NE $126,311

Johnson, NE $126,542

Julian, NE $126,806

Lewiston, NE $126,393

Liberty, NE $126,124

Lorton, NE $127,254

Mc Cool Junction, NE $126,465

Malcolm, NE $126,780

Manley, NE $127,800

Martell, NE $126,762

Milford, NE $126,749

Milligan, NE $126,337

Murdock, NE $127,397

Murray, NE $128,269

Nebraska City, NE $126,982

Nehawka, NE $127,838

Nemaha, NE $126,321

Odell, NE $126,243

Ohiowa, NE $126,260

Otoe, NE $127,227

Palmyra, NE $126,860

Panama, NE $126,787

Pawnee City, NE $126,224

Peru, NE $126,673

Pickrell, NE $126,722

Pleasant Dale, NE $126,766

Plymouth, NE $126,401

Raymond, NE $126,787

Reynolds, NE $126,057

Roca, NE $126,777

Rulo, NE $126,122

Salem, NE $126,048

Seward, NE $126,766

Shickley, NE $126,232

Shubert, NE $126,208

Sprague, NE $126,764

Staplehurst, NE $126,783

Steele City, NE $126,131

Steinauer, NE $126,256

Stella, NE $126,281

Sterling, NE $126,810

Strang, NE $126,181

Swanton, NE $126,556

Syracuse, NE $127,042

Table Rock, NE $126,322

Talmage, NE $126,618

Tecumseh, NE $126,612

Ong, NE $126,163

Tobias, NE $126,260

Unadilla, NE $126,954

Union, NE $127,902

Utica, NE $126,625

Verdon, NE $126,218

Virginia, NE $126,314

Waco, NE $126,413

Walton, NE $126,792

Waverly, NE $126,860

Weeping Water, NE $127,702

Western, NE $126,530

Wilber, NE $126,620

Wymore, NE $126,359

York, NE $126,620

Lincoln, NE $126,769

Nickerson, NE $127,958

Oakland, NE $126,583

Papillion, NE $129,064

Pender, NE $125,807

Plattsmouth, NE $128,649

Prague, NE $127,088

Rosalie, NE $125,495

St Columbans, NE $129,096

Scribner, NE $126,677

South Bend, NE $127,925

Springfield, NE $128,622

Tekamah, NE $127,220

Thurston, NE $124,518

Uehling, NE $126,997

Valley, NE $128,431

Valparaiso, NE $126,847

Wahoo, NE $127,201

Walthill, NE $124,730

Washington, NE $128,826

Waterloo, NE $128,524

Weston, NE $127,012

Winnebago, NE $124,048

Winslow, NE $127,746

Yutan, NE $128,058

Omaha, NE $129,106

Brainard, NE $126,900

Cedar Rapids, NE $126,243

Clarks, NE $126,315

Clarkson, NE $126,510

Creston, NE $126,549

David City, NE $126,902

Dodge, NE $126,567

Duncan, NE $126,726

Dwight, NE $126,834

Elgin, NE $126,349

Ericson, NE $126,045

Fullerton, NE $126,360

Genoa, NE $126,435

Howells, NE $126,523

Humphrey, NE $126,572

Leigh, NE $126,531

Lindsay, NE $126,480

Monroe, NE $126,454

Morse Bluff, NE $126,756

North Bend, NE $126,822

Osceola, NE $126,448

Petersburg, NE $126,319

Platte Center, NE $126,533

Polk, NE $126,368

Primrose, NE $126,219

Rising City, NE $126,506

Rogers, NE $126,535

Saint Edward, NE $126,409

Schuyler, NE $126,808

Shelby, NE $126,504

Silver Creek, NE $126,351

Snyder, NE $127,124

Spalding, NE $126,201

Stromsburg, NE $126,488

Surprise, NE $126,799

Ulysses, NE $126,804

Norfolk, NE $127,015

Allen, NE $124,390

Amelia, NE $125,837

Atkinson, NE $126,086

Bassett, NE $125,863

Battle Creek, NE $126,756

Beemer, NE $126,432

Belden, NE $126,012

Gurley, NE $125,883

Columbus, NE $126,823

Albion, NE $126,423

Ames, NE $127,520

Bartlett, NE $125,999

Belgrade, NE $126,211

Bloomfield, NE $126,325

Halsey, NE $125,712

Hershey, NE $125,910

Keystone, NE $125,643

Kimball, NE $126,285

Lemoyne, NE $125,738

Lewellen, NE $125,599

Lisco, NE $125,464

Lodgepole, NE $125,936

Madrid, NE $125,826

Maxwell, NE $125,856

Mullen, NE $125,481

Ogallala, NE $126,124

Oshkosh, NE $125,708

Paxton, NE $125,780

Potter, NE $125,830

Purdum, NE $125,644

Sidney, NE $126,348

Seneca, NE $125,576

Stapleton, NE $125,734

Sutherland, NE $125,837

Thedford, NE $125,635

Tryon, NE $125,538

Venango, NE $126,079

Wallace, NE $125,840

Wellfleet, NE $125,814

Willow Island, NE $126,091

Valentine, NE $125,768

Ainsworth, NE $125,969

Cody, NE $125,480

Crookston, NE $125,692

Johnstown, NE $125,637

Kilgore, NE $125,544

Long Pine, NE $125,940

Merriman, NE $125,393

Nenzel, NE $125,405

Sparks, NE $125,650

Wood Lake, NE $125,587

Alliance, NE $125,847

Angora, NE $125,454

Ashby, NE $125,324

Bayard, NE $125,851

Bingham, NE $125,313

Bridgeport, NE $125,830

Chadron, NE $125,803

Crawford, NE $125,853

Ellsworth, NE $125,294

Gering, NE $126,246

Gordon, NE $125,537

Harrisburg, NE $125,730

Harrison, NE $125,756

Hay Springs, NE $125,663

Hemingford, NE $125,704

Hyannis, NE $125,394

Lakeside, NE $125,314

Lyman, NE $126,118

Mcgrew, NE $126,432

Marsland, NE $125,416

Melbeta, NE $126,637

Minatare, NE $125,947

Mitchell, NE $126,113

Morrill, NE $126,271

Rushville, NE $125,675

Scottsbluff, NE $126,275

Whiteclay, NE $125,492

Whitman, NE $125,286

Whitney, NE $125,550

Verdigre, NE $126,212

Wakefield, NE $124,887

Waterbury, NE $123,989

Wausa, NE $126,419

Wayne, NE $126,097

West Point, NE $126,578

Winnetoon, NE $126,245

Winside, NE $126,258

Wisner, NE $126,328

Wynot, NE $125,795

Grand Island, NE $126,708

Alda, NE $126,435

Amherst, NE $126,060

Anselmo, NE $125,788

Ansley, NE $126,007

Arcadia, NE $126,008

Archer, NE $126,185

Ashton, NE $126,083

Aurora, NE $126,416

Boelus, NE $126,198

Brewster, NE $125,730

Broken Bow, NE $126,122

Burwell, NE $125,988

Cairo, NE $126,265

Bristow, NE $125,972

Brunswick, NE $126,318

Butte, NE $126,052

Carroll, NE $126,057

Center, NE $126,220

Chambers, NE $126,093

Clearwater, NE $126,309

Coleridge, NE $125,938

Concord, NE $124,742

Creighton, NE $126,419

Crofton, NE $126,359

Dakota City, NE $123,364

Dixon, NE $124,803

Emerson, NE $124,329

Emmet, NE $126,087

Ewing, NE $126,140

Fordyce, NE $126,234

Hadar, NE $126,978

Hartington, NE $126,063

Hoskins, NE $126,469

Hubbard, NE $123,744

Inman, NE $126,234

Jackson, NE $123,628

Laurel, NE $125,742

Lynch, NE $125,989

Mclean, NE $126,410

Madison, NE $126,675

Magnet, NE $126,617

Maskell, NE $126,099

Meadow Grove, NE $126,491

Mills, NE $125,651

Naper, NE $125,898

Neligh, NE $126,515

Newcastle, NE $124,771

Newman Grove, NE $126,497

Newport, NE $125,785

Niobrara, NE $126,268

Oakdale, NE $126,435

Oneill, NE $126,266

Orchard, NE $126,283

Osmond, NE $126,499

Page, NE $126,201

Pierce, NE $126,629

Pilger, NE $126,352

Plainview, NE $126,482

Ponca, NE $124,112

Randolph, NE $126,242

Royal, NE $126,237

Saint Helena, NE $126,072

South Sioux City, NE $123,250

Spencer, NE $126,040

Springview, NE $125,757

Stanton, NE $126,616

Stuart, NE $126,021

Tilden, NE $126,533

Callaway, NE $125,934

Central City, NE $126,448

Chapman, NE $126,277

Comstock, NE $125,940

Dannebrog, NE $126,243

Doniphan, NE $126,309

Dunning, NE $125,660

Eddyville, NE $125,870

Elba, NE $126,122

Elm Creek, NE $126,141

Elyria, NE $126,037

Farwell, NE $126,148

Gibbon, NE $126,247

Giltner, NE $126,238

Greeley, NE $126,128

Hampton, NE $126,315

Hazard, NE $126,029

Kearney, NE $126,500

Hordville, NE $126,322

Lexington, NE $126,294

Litchfield, NE $126,011

Loup City, NE $126,137

Marquette, NE $126,313

Mason City, NE $125,929

Merna, NE $125,993

Miller, NE $125,993

North Loup, NE $126,103

Oconto, NE $125,851

Odessa, NE $126,470

Ord, NE $126,193

Overton, NE $126,102

Palmer, NE $126,226

Phillips, NE $126,315

Pleasanton, NE $126,122

Ravenna, NE $126,174

Riverdale, NE $126,162

Rockville, NE $126,044

Saint Libory, NE $126,304

Saint Paul, NE $126,343

Sargent, NE $125,978

Scotia, NE $126,124

Shelton, NE $126,245

Sumner, NE $125,951

Taylor, NE $125,879

Westerville, NE $125,947

Wolbach, NE $126,137

Wood River, NE $126,222

Hastings, NE $126,587

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	$191,988	$92.0	50%
Aerospace & Defense	$166,389	$80.0	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.

$118,096

Average $127,992/year

$141,624

$9,841

Average $10,666/month

$11,802

$2,271

Average $2,461/week

$2,724

$57

Average $62/hour

$68

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$141,624	$11,802	$2,724	$68
Average	$127,992	$10,666	$2,461	$62
25th Percentile	$118,096	$9,841	$2,271	$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.

Elwood Staffing | Lincoln, NE

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Servpro | Omaha, NE

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Right at Home Northeast & Central Nebraska | Grand Island, NE

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Insurance Business Development Manager Salary in Nebraska

Check out Insurance Business Development Manager Job Openings in Nebraska

Key Factors That Influence Insurance Business Development Manager Salaries

How Experience Level Affects Insurance Business Development Manager Salaries?

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

Top Paying Cities for Insurance Business Development Manager

Insurance Business Development Manager Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Business Development Manager

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

Find Your Next Insurance Business Development Manager Job

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Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Insurance Business Development Manager Salary in Nebraska

Check out Insurance Business Development Manager Job Openings in Nebraska

Key Factors That Influence Insurance Business Development Manager Salaries

How Experience Level Affects Insurance Business Development Manager Salaries?

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

Top Paying Cities for Insurance Business Development Manager

Insurance Business Development Manager Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Business Development Manager

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

Salaries of jobs related to Insurance Business Development Manager

Find Your Next Insurance Business Development Manager Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?