The average salary for a Senior Managing Director in United Kingdom is £78,307.
Senior Managing Director by
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What Do Senior Managing Directors Do?
Senior managing directors must have a strong drive to succeed to grow new and existing broking productions, as well as assist in developing sales and marketing strategies to increase revenue. These directors may develop plans to identify targeted prospects and existing clients and collaborate with other teams to build new clients and targets, and leadership skills are important in this position to understand clients' needs and develop cost-effective solutions. They must also maintain a thorough …Read more
Senior Managing Director Tasks
- Uses business skills to create company policy that leads to growth and profits.
- Represents company at public events.
- Builds a strong team and mentors and supports the professional development of its leaders.
- Uses management principles to set up and implement business operations following company policy.
Explore the most common career paths for Senior Managing Director. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
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Chief Executive Officer (CEO)
Chief Operating Officer (COO)
Somewhat common (8 - 20%)
Senior Managing Director Job Listings
What Are Popular Skills for Senior Managing Directors?
Skills in Business Strategy, Operations Management, People Management, Strategic Planning and Business Development are correlated to pay that is above average.
What is the Pay by Experience Level for Senior Managing Directors?
An early career Senior Managing Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £67,217 based on 64 salaries. A mid-career Senior Managing Director with 5-9 years of experience earns an average total compensation of £73,172 based on 73 salaries. An experienced Senior Managing Director with 10-19 years of experience earns an average total compensation of £84,658 based on 176 salaries. In their late career (20 years and higher), employees earn an average total compensation of £82,186.
Pay Difference by Location
Employees with Senior Managing Director in their job title in London, England: London earn an average of 25.2% more than the national average. These job titles also find higher than average salaries in Birmingham, England: Birmingham (4.7% more) and Bristol, England: Bristol (2.5% more). The lowest salaries can be found in Sheffield, England: South Yorkshire (26.6% less), Leicester, England: Leicestershire (18.7% less) and Manchester, England: Manchester (0.2% less).
Years of Experience
This data is based on 565 survey responses.