Insurance Managing Broker Salary in Florissant, Missouri

How much does an Insurance Managing Broker make in Florissant, MO? The average Insurance Managing Broker salary in Florissant, MO is $204,275 as of October 30, 2019, but the range typically falls between $164,394 and $255,338. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

About Florissant, Missouri    Florissant (/ˈflɒrɪsənt/ (listen)) is a city in St. Louis County, Missouri, within Greater St. Louis. It is a middle class second-ring northern subur....More

Florissant, Missouri  area prices were up 0.7% from a year ago    View the Cost of Living in Florissant, Missouri

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 2019 Salary.com)

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Step of 3

Understand the total compensation opportunity for a Insurance Managing Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
164394
255338
204275

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
180401
337944
234606
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Managing Broker in Florissant, MO. The base salary for Insurance Managing Broker ranges from $164,394 to $255,338 with the average base salary of $204,275. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $180,401 to $337,944 with the average total cash compensation of $234,606.
Step of 3

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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

164394
255338

 

Step of 3

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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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Job Openings for Insurance Managing Broker in Florissant, MO