75 / 168
2014 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
Service Staff Payroll Information
Average
+25% Profit
+25% Growth
Pay Ranges by Service Position
AE
Average Low
$65,802
$73,549
$54,094
Average High
$83,171
$88,028
$83,261
CSR
Average Low
$37,911
$37,657
$38,066
Average High
$53,622
$49,105
$53,710
Processor/Asst CSR
Average Low
$32,513
$26,363
$28,648
Average High
$37,864
$41,459
$31,465
Marketing
Average Low
$59,117
*
*
Average High
$60,085
*
*
Claims
Average Low
$42,204
$50,000
$41,862
Average High
$45,676
$52,125
$41,862
AE
Average Low
$39,871
$37,100
$46,139
Average High
$44,130
$35,050
$46,230
CSR
Average Low
$35,028
$34,779
$33,128
Average High
$47,968
$53,912
$45,363
Processor/Asst CSR
Average Low
$34,660
$31,913
$38,283
Average High
$38,751
$34,563
$38,283
Marketing
Average Low
$34,907
$34,907
*
Average High
$36,573
$36,573
*
Claims
Average Low
$38,175
$51,549
$42,324
Average High
$38,829
$53,674
$42,324
AE
Average Low
$61,665
*
$63,353
Average High
$63,772
*
$63,353
CSR
Average Low
$39,026
$35,260
*
Average High
$41,988
$39,485
*
Processor/Asst CSR
Average Low
$19,241
*
*
Average High
$19,241
*
*
Marketing
Average Low
*
*
*
Average High
*
*
*
Claims
Average Low
*
*
*
Average High
*
*
*
COMMERCIAL LINES
PERSONAL LINES
GROUP LIFE & HEALTH/FINANCIAL
*Insufficient Data