Insurance Managing Broker Salary in Maine

How much does an Insurance Managing Broker make in Maine? The average Insurance Managing Broker salary in Maine is $198,569 as of March 26, 2020, but the range typically falls between $159,808 and $248,206. 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

Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Requires a bachelor's degree. 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). Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. (Copyright 2020 Salary.com)

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

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Location Avg. Salary Date Updated
Location Abbot, ME Avg. Salary $189,714 Date Updated March 26, 2020
Location Acton, ME Avg. Salary $212,562 Date Updated March 26, 2020
Location Addison, ME Avg. Salary $189,714 Date Updated March 26, 2020
Location Albion, ME Avg. Salary $189,714 Date Updated March 26, 2020
Location Alfred, ME Avg. Salary $211,133 Date Updated March 26, 2020
Location Alna, ME Avg. Salary $207,932 Date Updated March 26, 2020
Location Andover, ME Avg. Salary $207,932 Date Updated March 26, 2020
Location Anson, ME Avg. Salary $189,714 Date Updated March 26, 2020
Location Ashland, ME Avg. Salary $189,714 Date Updated March 26, 2020
Location Athens, ME Avg. Salary $189,714 Date Updated March 26, 2020

Career Path for this job

  1. Down a level:

    Insurance Senior Broker

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Managing Broker

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Broker Executive


    Bachelor's Degree

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