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2015 Best

Practices Study

Agencies

with Revenues

Between

$1,250,000 and

$2,500,000

49

Analysis of Agencies with Revenues Between $1,250,000 and $2,500,000

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

$53,483

$72,782

$56,250

Average Highest Pay

$75,563

$91,250

$64,667

CSR

Average Lowest Pay

$42,378

$51,285

$41,457

Average Highest Pay

$52,439

$55,585

$53,911

Processor/Asst CSR

Average Lowest Pay

$24,646

*

*

Average Highest Pay

$29,134

*

*

Marketing

Average Lowest Pay

$36,432

*

*

Average Highest Pay

$36,432

*

*

Claims

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

AE

Average Lowest Pay

$37,006

*

$32,667

Average Highest Pay

$46,927

*

$39,000

CSR

Average Lowest Pay

$33,808

$39,283

$29,802

Average Highest Pay

$41,721

$42,483

$36,934

Processor/Asst CSR

Average Lowest Pay

$20,076

*

*

Average Highest Pay

$24,604

*

*

Marketing

Average Lowest Pay

$36,885

*

*

Average Highest Pay

$41,407

*

*

Claims

Average Lowest Pay

*

*

*

Average Highest Pay

*

*

*

AE

Average Lowest Pay

$58,200

*

$87,600

Average Highest Pay

$58,206

*

$87,611

CSR

Average Lowest Pay

$29,969

$33,133

$31,667

Average Highest Pay

$30,130

$33,780

$31,667

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