75 / 168
2015 Best
Practices Study
Agencies
with Revenues
Between
$2,500,000 and
$5,000,000
75
Analysis of Agencies with Revenues Between $2,500,000 and $5,000,000
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
$53,482
$40,500
$49,015
Average Highest Pay
$72,120
$61,667
$62,334
CSR
Average Lowest Pay
$39,039
$34,498
$39,834
Average Highest Pay
$56,952
$49,910
$59,250
Processor/Asst CSR
Average Lowest Pay
$31,247
$26,901
*
Average Highest Pay
$34,670
$26,901
*
Marketing
Average Lowest Pay
$47,541
*
$47,096
Average Highest Pay
$49,981
*
$50,500
Claims
Average Lowest Pay
$37,148
$46,250
$35,667
Average Highest Pay
$38,896
$46,250
$35,667
AE
Average Lowest Pay
$37,968
$21,833
$33,392
Average Highest Pay
$47,004
$26,500
$44,697
CSR
Average Lowest Pay
$36,850
$32,447
$36,168
Average Highest Pay
$50,325
$50,726
$47,256
Processor/Asst CSR
Average Lowest Pay
$30,758
$30,375
$27,296
Average Highest Pay
$31,684
$30,375
$29,649
Marketing
Average Lowest Pay
*
*
*
Average Highest Pay
*
*
*
Claims
Average Lowest Pay
$37,194
*
$35,250
Average Highest Pay
$38,511
*
$35,250
AE
Average Lowest Pay
$63,383
*
$74,758
Average Highest Pay
$72,598
*
$111,491
CSR
Average Lowest Pay
$46,737
*
$54,271
Average Highest Pay
$49,054
*
$54,271
Processor/Asst CSR
Average Lowest Pay
$25,650
*
*
Average Highest Pay
$25,650
*
*
Marketing
Average Lowest Pay
*
*
*
Average Highest Pay
*
*
*
Claims
Average Lowest Pay
*
*
*
Average Highest Pay
*
*
*
COMMERCIAL LINES
PERSONAL LINES
GROUP LIFE & HEALTH/FINANCIAL
*Insufficient Data