With just under three-fifths of Insurance Office Branch Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $31K to $127K per year and averages out to $59K annually. Including potential for bonuses, profit sharing and commission — peaking near $21K, $15K, and $51K, respectively — total cash payment to Insurance Office Branch Managers can bottom out near $31K or top out at around $127K. Most Insurance Office Branch Managers are fairly content with their jobs, and work satisfaction falls in line with the national average. While just under a third report receiving no health benefits, the larger part do receive medical coverage, and a little less than one-half have dental, as well. More than half of Insurance Office Branch Managers (64 percent) survey participants are women. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,949 - $117,572
(Median)
$33K
$59K
$120K
MEDIAN: $59,465
10%
50%
90%

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$11.84 - $27.37
(Median)
$12
$17
$27
MEDIAN: $17.00
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
$32,949 - $117,572  
   
Bonus
$-0.49 - $20,887  
Profit Sharing
$0.00 - $15,101  
Commission
$986 - $50,684  
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).
)
$30,611 - $126,792  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 154
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
$11.84 - $27.37  
   
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
$-0.49 - $20,887  
   
Commission
$986 - $50,684  
Profit Sharing
$0.00 - $15,101  
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).
)
$30,611 - $126,792  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 27
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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 report a narrow range of specific skills. Most notably, skills in Insurance, Operations Management, Customer Relationship Management, and Office Management are correlated to pay that is above average. Those listing Office Management as a skill should be prepared for drastically lower pay. Customer Relationship Management and Operations Management also typically command lower compensation. Most people who know Insurance also know Office Management.

Pay by Experience Level for Branch Manager, Insurance Office

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


Insurance Office Branch Managers who reported more years of relevant experience also reported higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $43K, but folks who have racked up five to 10 years see a notably higher median of $57K. After working for 10 to 20 years, Insurance Office Branch Managers make a median salary of $63K. Average wages for folks with more than 20 years of experience come out to around $79K.

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Experience Affects Branch Manager, Insurance Office Salaries

Late-Career
up arrow 33%

Experienced
up arrow 7%

National Average
$59,000

Mid-Career
up arrow 4%

Entry-Level
up arrow 28%

Skills That Affect Branch Manager, Insurance Office Salaries

National Average
$59,000

Insurance
up arrow 1%


Customer Relationship Management (CRM)
up arrow 28%

Office Management
up arrow 29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
20%
5-9 years
23%
10-19 years
30%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 46%
medical benefits
Vision: 40%
dental benefits
None: 31%
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