Insurance Broker Executive Salary in Maine

How much does an Insurance Broker Executive make in Maine? The average Insurance Broker Executive salary in Maine is $215,597 as of February 26, 2020, but the range typically falls between $178,093 and $264,385. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in Maine

About Maine    To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is ....More

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 2020 Salary.com)

Select a city to view specific salary and bonus information for Insurance Broker Executive

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Location Avg. Salary Date Updated
Location Abbot, ME Avg. Salary $205,983 Date Updated February 26, 2020
Location Acton, ME Avg. Salary $230,791 Date Updated February 26, 2020
Location Addison, ME Avg. Salary $205,983 Date Updated February 26, 2020
Location Albion, ME Avg. Salary $205,983 Date Updated February 26, 2020
Location Alfred, ME Avg. Salary $229,239 Date Updated February 26, 2020
Location Alna, ME Avg. Salary $225,763 Date Updated February 26, 2020
Location Andover, ME Avg. Salary $225,763 Date Updated February 26, 2020
Location Anson, ME Avg. Salary $205,983 Date Updated February 26, 2020
Location Ashland, ME Avg. Salary $205,983 Date Updated February 26, 2020
Location Athens, ME Avg. Salary $205,983 Date Updated February 26, 2020

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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