Insurance Managing Broker Salary in Pennsylvania

How much does an Insurance Managing Broker make in Pennsylvania? The average Insurance Managing Broker salary in Pennsylvania is $210,264 as of May 27, 2021, but the range typically falls between $169,218 and $262,837. 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 Pennsylvania

About Pennsylvania    Pennsylvania (/ˌpɛnsɪlˈveɪniə/ (listen) PEN-sil-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mi....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 2021 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 Aaronsburg, PA Avg. Salary $207,750 Date Updated May 27, 2021
Location Abbottstown, PA Avg. Salary $209,824 Date Updated May 27, 2021
Location Abington, PA Avg. Salary $230,757 Date Updated May 27, 2021
Location Ackermanville, PA Avg. Salary $231,729 Date Updated May 27, 2021
Location Acme, PA Avg. Salary $203,995 Date Updated May 27, 2021
Location Acosta, PA Avg. Salary $198,506 Date Updated May 27, 2021
Location Adah, PA Avg. Salary $211,053 Date Updated May 27, 2021
Location Adamsburg, PA Avg. Salary $211,484 Date Updated May 27, 2021
Location Adamstown, PA Avg. Salary $214,452 Date Updated May 27, 2021
Location Adamsville, PA Avg. Salary $202,442 Date Updated May 27, 2021

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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