The majority of Insurance Office Branch Managers in the United States — slightly less than three-fifths — boast more than 10 years of experience in their profession. Salaries stretch from $31K to $125K per year, and the median is $59K annually. In the world of Insurance Office Branch Managers, total cash compensation ranges from $31K on the lower end to $125K on the higher end; this includes bonuses that reach $25K and profit sharing that approaches $15K in rare cases, with some high rollers snagging commissions as high as $49K. Women account for the majority of Insurance Office Branch Managers who responded to the questionnaire — 61 percent to be exact. Unfortunately, some people in this line of work are without benefits — close to one-third lack coverage. On the flip side, more than half have medical insurance and just over two-fifths receive dental plans. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. The data in this summary comes from the PayScale salary survey.

$32,754 - $116,675
$33K
$59K
$120K
MEDIAN: $58,830
10%
50%
90%

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$12.36 - $26.19
$12
$17
$26
MEDIAN: $16.59
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$32,754 - $116,675  
   
Bonus
$96.96 - $24,958  
Profit Sharing
$0.00 - $14,899  
Commission
$811 - $49,316  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,626 - $125,013  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 161
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$12.36 - $26.19  
   
Overtime
$40.40  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$96.96 - $24,958  
   
Commission
$811 - $49,316  
Profit Sharing
$0.00 - $14,899  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,626 - $125,013  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 33

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Job Description for Branch Manager, Insurance Office

An insurance office branch manager is the individual who is ultimately responsible for all of the operations of a specific office. They manage staff members in addressing customer claims and enrolling new customers by setting target metrics, giving performance evaluations, and providing staff members with training opportunities and guidance. Further, the branch manager also deals with any escalated customer service issues that may arise. The branch manager also performs several human resource functions such as screening applicants and hiring new team members.

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Branch Manager, Insurance Office Tasks

  • Prepare, analyze, and submit metrics and reports regarding policyholders, accounts, and staff.
  • Oversee client interactions and account management to ensure the highest level of quality service.
  • Supervise staff at retail locations, including security, client representatives, and maintenance.
  • Review, revise, and communicate industry and company policies.

Branch Manager, Insurance Office Job Listings

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Popular Skills for Branch Manager, Insurance Office


Insurance Office Branch Managers usually report a few specific skills. Most notably, skills in Insurance, Operations Management, Customer Relationship Management, and Office Management are correlated to pay that is above average. Office Management and Customer Relationship Management as skills, however, tend to be associated with significantly smaller paychecks. It is often found that people who know Insurance are also skilled in Office Management.

Pay by Experience Level for Branch Manager, Insurance Office

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience seems to be a major factor in determining the incomes of Insurance Office Branch Managers. Relatively untried employees who have less than five years' experience make $42K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $57K. On average, Insurance Office Branch Managers make $62K following one to two decades on the job. Insurance Office Branch Managers who have spent more than 20 years on the job report earning a significantly higher median of $77K.

Related Job Salaries

Key Stats for Branch Manager, Insurance Office

Gender

Female
61 %
Male
39 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 25 votes.
030
1-4 years
24%
5-9 years
20%
10-19 years
31%
20 years or more
25%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Branch Manager, Insurance Office Salaries

Late-Career
up arrow 32%

Experienced
up arrow 6%

National Average
$59,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 28%

Skills That Affect Branch Manager, Insurance Office Salaries

Insurance
0%

Operations Management
0%

National Average
$59,000

Customer Relationship Management (CRM)
up arrow 27%

Office Management
up arrow 27%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 25 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

1-4 years
24%
5-9 years
20%
10-19 years
31%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 43%
vision benefits
Vision: 40%
dental benefits
None: 33%
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