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2015 Best

Practices Study

Agencies

with

Revenues

Under

$1,250,000

23

Analysis of Agencies with Revenues Under $1,250,000

Key Benchmarks

Profile

Revenues

Expenses

Profitability

Employee Overview

Producer Info

Service Staff Info

Technology

Insurance Carriers

Appendix

Note: See page 163 for an explanation of column headings

Service Staff Payroll Information

Average

Top 25% Profit Top 25% Growth

Pay Ranges by Service Position

AE

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

CSR

Average Lowest Pay

$38,405

$36,833

$36,416

Average Highest Pay

$43,003

$36,833

$42,577

Processor/Asst CSR

Average Lowest Pay

$25,511

*

*

Average Highest Pay

$27,681

*

*

Marketing

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

Claims

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

AE

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

CSR

Average Lowest Pay

$33,074

$39,167

$31,667

Average Highest Pay

$46,236

$79,500

$73,596

Processor/Asst CSR

Average Lowest Pay

$20,385

*

*

Average Highest Pay

$21,998

*

*

Marketing

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

Claims

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

AE

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

CSR

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

Processor/Asst CSR

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

Marketing

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

Claims

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

COMMERCIAL LINES

PERSONAL LINES

GROUP LIFE & HEALTH/FINANCIAL

*Insufficient Data