2020 Best Practices Study

AGENCIES WITH REVENUES OF:

MEDIAN

<$1.25M $1.25-$2.5M $2.5-$5M $5-$10M $10-$25M >$25M

COMMERCIAL LINES LOWEST PAY:

Account Executive (AE)

$50,000 $39,957 $24,776

$48,936 $45,000 $35,581

$77,500 $50,000 $36,750 $54,667 $49,102 $77,500 $59,658 $41,075 $66,000 $50,102 $82,500 $69,907 $43,000 $72,000 $50,602

$61,653 $45,000 $37,838 $56,500 $57,593 $85,938 $55,700 $41,502 $63,582 $62,207 $104,452 $73,358 $47,397 $80,000 $67,939

$92,429 $45,000 $36,881 $52,020 $54,336 $100,000 $59,720 $42,000 $72,725 $65,833 $100,000 $83,000 $49,000 $92,000 $80,000 $86,653 $52,950 $39,260 $52,239 $44,000 $99,000 $60,000 $39,875 $62,581 $68,732 $47,800 $38,000 $52,800 $105,356 $63,300 $42,000 $65,400 $109,000 $75,000 $42,000 $98,000 $65,000 $39,000 $36,176 $49,712

$70,597 $40,890 $34,609 $51,000 $48,296 $115,000 $66,791 $46,799 $81,313 $76,862 $166,049 $100,700 $62,849 $107,740 $100,500 $64,000 $42,482 $33,000 $43,354 $48,023 $73,763 $54,997 $40,000 $49,466 $53,076 $89,450 $68,860 $48,616 $52,802 $58,640 $80,000 $44,847 $37,268 $47,789 $121,081 $67,320 $46,420 $69,696 $171,571 $103,385 $55,444 $106,126

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

* *

* *

Claims

AVERAGE PAY: Account Executive (AE)

$60,000 $42,314 $24,776 $20,000

$57,204 $52,569 $35,581 $45,000 $23,248 $66,000 $59,474 $40,000

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

Claims

*

HIGHEST PAY: Account Executive (AE)

$76,236 $48,300 $29,888

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

* *

* *

Claims

PERSONAL LINES LOWEST PAY:

Account Executive (AE)

$45,000 $35,000 $29,000

$42,000 $40,000 $25,750

$47,371 $40,000 $36,510 $44,888

$52,855 $39,882 $33,000 $31,178

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

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* *

Claims

*

*

*

AVERAGE PAY: Account Executive (AE)

$50,000 $40,691 $31,000 $20,000

$45,022 $46,333 $26,500 $56,501 $41,347 $52,000 $52,000 $27,250

$48,903 $50,850 $38,519 $47,888 $24,813 $55,000 $53,868 $40,000 $57,362

$60,000 $48,414 $37,927 $31,930 $43,868 $64,310 $54,548 $42,595 $32,681

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

Claims

*

HIGHEST PAY: Account Executive (AE)

$55,000 $42,978 $31,000

Customer Service Rep (CSR)

Processor/Asst CSR

Marketing

* *

* *

Claims

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*

*

GROUP LIFE & HEALTH/FINANCIAL LOWEST PAY: Account Executive (AE)

*

$49,565 $43,000

$70,500 $51,480 $50,000

$68,834 $43,647 $33,280

Customer Service Rep (CSR)

$30,000

Processor/Asst CSR

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Marketing

*

*

AVERAGE PAY: Account Executive (AE)

$27,553 $35,000

$50,000 $48,298

$82,500 $61,541 $55,000

$71,477 $51,207 $33,280 $59,000 $77,590 $59,027 $35,000

Customer Service Rep (CSR)

Processor/Asst CSR

* *

* *

Marketing

*

HIGHEST PAY: Account Executive (AE)

*

$50,000 $51,000

$82,500 $65,321 $60,000

Customer Service Rep (CSR)

$40,000

Processor/Asst CSR

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* *

Marketing

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*Insufficient Data

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