2014 Best
Practices Study
Agencies
with
Revenues
Over
$25,000,000
153
Analysis of Agencies with Revenues Over $25,000,000
Key Benchmarks
Profile
Revenues
Expenses
Profitability
Employee Overview
Producer Info
Service Staff Info
Technology
Insurance Carriers
Appendix
Service Staff Payroll Information
Average
+25% Profit
+25% Growth
Pay Ranges by Service Position
AE
Average Low
$75,185
$81,231
$76,707
Average High
$147,229
$120,809
$132,419
CSR
Average Low
$40,473
$36,488
$33,462
Average High
$84,585
$83,963
$72,825
Processor/Asst CSR
Average Low
$31,645
$30,958
$36,491
Average High
$49,811
$40,150
$48,481
Marketing
Average Low
$58,077
*
*
Average High
$115,722
*
*
Claims
Average Low
$45,266
$45,375
$46,604
Average High
$107,379
$96,275
$88,786
AE
Average Low
$62,337
*
$51,455
Average High
$92,170
*
$98,799
CSR
Average Low
$39,206
$39,150
$34,701
Average High
$60,264
$57,169
$60,366
Processor/Asst CSR
Average Low
$32,971
*
$29,185
Average High
$46,317
*
$52,095
Marketing
Average Low
*
*
*
Average High
*
*
*
Claims
Average Low
$38,300
*
*
Average High
$61,678
*
*
AE
Average Low
$84,811
$88,000
$88,910
Average High
$142,653
$137,988
$111,884
CSR
Average Low
$43,565
$40,570
$40,296
Average High
$76,792
$64,088
$63,949
Processor/Asst CSR
Average Low
$31,490
*
$31,901
Average High
$48,704
$48,775
$48,268
Marketing
Average Low
$44,888
*
*
Average High
$116,733
*
*
Claims
Average Low
$72,148
*
$52,863
Average High
$93,050
*
$80,733
COMMERCIAL LINES
PERSONAL LINES
GROUP LIFE & HEALTH/FINANCIAL
*Insufficient Data