Insurance Broker Executive Salary in New York

How much does an Insurance Broker Executive make in New York? The average Insurance Broker Executive salary in New York is $257,121 as of December 27, 2022, but the range typically falls between $212,421 and $315,328. 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 New York

About New York    New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York cov....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 2023 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 Accord, NY Avg. Salary $265,330 Date Updated December 27, 2022
Location Acra, NY Avg. Salary $250,847 Date Updated December 27, 2022
Location Adams, NY Avg. Salary $244,389 Date Updated December 27, 2022
Location Adams Basin, NY Avg. Salary $243,216 Date Updated December 27, 2022
Location Adams Center, NY Avg. Salary $244,389 Date Updated December 27, 2022
Location Addison, NY Avg. Salary $236,794 Date Updated December 27, 2022
Location Adirondack, NY Avg. Salary $245,125 Date Updated December 27, 2022
Location Afton, NY Avg. Salary $237,288 Date Updated December 27, 2022
Location Akron, NY Avg. Salary $240,462 Date Updated December 27, 2022
Location Albany, NY Avg. Salary $250,627 Date Updated December 27, 2022

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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