Insurance Managing Broker Salary in South Carolina

How much does an Insurance Managing Broker make in South Carolina? The average Insurance Managing Broker salary in South Carolina is $197,776 as of July 27, 2020, but the range typically falls between $159,166 and $247,218. 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 South Carolina

About South Carolina    South Carolina (/ˌkærəˈlaɪnə/ (listen)) is a state in the Southeastern United States and the easternmost of the Deep South. It is bordered to the nort....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 Abbeville, SC Avg. Salary $204,928 Date Updated July 27, 2020
Location Adams Run, SC Avg. Salary $199,624 Date Updated July 27, 2020
Location Aiken, SC Avg. Salary $196,112 Date Updated July 27, 2020
Location Alcolu, SC Avg. Salary $189,179 Date Updated July 27, 2020
Location Allendale, SC Avg. Salary $195,224 Date Updated July 27, 2020
Location Anderson, SC Avg. Salary $204,116 Date Updated July 27, 2020
Location Andrews, SC Avg. Salary $191,961 Date Updated July 27, 2020
Location Arcadia, SC Avg. Salary $196,246 Date Updated July 27, 2020
Location Awendaw, SC Avg. Salary $199,428 Date Updated July 27, 2020
Location Aynor, SC Avg. Salary $188,756 Date Updated July 27, 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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