Salary AI Book a Demo

Insurance Business Development Manager Salary in South Dakota

How much does an Insurance Business Development Manager make in South Dakota? As of September 01, 2026, the average salary for an Insurance Business Development Manager in South Dakota is $123,468 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): $148,520
  • Majority Range (25th-75th percentile): $113,908 to $136,581
  • Entry-Level (10th percentile): $105,205
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Insurance Business Development Manager Job Openings in South Dakota

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): $152,427
  • Early Career (1-2 years): $104,553
  • Mid-Level (2-4 years): $120,736
  • Senior-Level (5-8 years): $158,824
  • Expert (over 8 years): $192,344
Job RoleYears of ExperienceAverage Salary
Business Development Associate V less than 1 year $152,427
Business Development Supervisor 1-2 years $104,553
Insurance Business Development Manager 2-4 years $120,736
Business Development Manager, Sr. 5-8 years $158,824
Business Development Director over 8 years $192,344

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:

  • Alcester: $124,754
  • Aurora: $125,417
  • Baltic: $124,068

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 $185,202 $89.0 50%
Aerospace & Defense $160,508 $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
$113,908
Average $123,468/year
$136,581
$9,492
Average $10,289/month
$11,382
$2,191
Average $2,374/week
$2,627
$55
Average $59/hour
$66
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $136,581 $11,382 $2,627 $66
Average $123,468 $10,289 $2,374 $59
25th Percentile $113,908 $9,492 $2,191 $55

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.

  • Lamar Advertising Company | Old Town, SD

    Business Development Representative

    Lamar Advertising Company | Old Town, SD

    Lamar Advertising Company seeks a Business Development BDR to fuel growth in our outdoor and digital advertising solutions. As part of the Sales & Business... more

    2 Days Ago

  • BankWest | Mitchell, SD

    Business Development Officer

    BankWest | Mitchell, SD

    Job Description. Job Description. We Are Growing. Scope of Job This purpose of this position is to provide a development opportunity for Bankers new to Com... more

    3 Days Ago

  • BankWest | Winner, SD

    Business Development Officer

    BankWest | Winner, SD

    Job Description. Job Description. Scope of Job This purpose of this position is to provide a development opportunity for Bankers new to Commercial, Agricul... more

    3 Days Ago

  • RMS Roller-Grinder | Harrisburg, SD

    Business Development Representative

    RMS Roller-Grinder | Harrisburg, SD

    Job Description. Job Description. Business Development Representative (REMOTE). At RMS Roller-Grinder, we make machines that make magic happen—well, at lea... more

    4 Days Ago

  • Midstate Group LLC | Aberdeen, SD

    Business Development Representative

    Midstate Group LLC | Aberdeen, SD

    Job Description. Job Description. Description.   . Employee Mission. Our employee mission is to be an employer of choice by providing our employees: a safe... more

    4 Days Ago

  • Sentry | Watertown, SD

    Marketing&amp Business Development Specialist

    Sentry | Watertown, SD

    Job Description. Job Description. Job Overview. The Marketing & Business Development Specialist is responsible for creating and executing marketing initiat... more

    3 Days Ago

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

Where Does Our Salary Data Come From?

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst