Commonwealth Insurance Services Property and Casualty Insurance Agent Salary

Property and Casualty Insurance Agent Salary at Commonwealth Insurance Services BETA

How much does a Commonwealth Insurance Services Property and Casualty Insurance Agent make?

As of April 2025, the average annual salary for a Property and Casualty Insurance Agent at Commonwealth Insurance Services is $78,353, which translates to approximately $38 per hour. Salaries for Property and Casualty Insurance Agent at Commonwealth Insurance Services typically range from $68,540 to $93,746, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Commonwealth Insurance Services Overview

Website:
commonwealthins.net
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Insurance

We are dedicated to bringing you simple, personal service where and when you need it. Commonwealth Insurance is an independent and local company with over 40 years of experience and real humans who answer your phone calls - or texts and emails! - at your convenience, any time of day.

See similar companies related to Commonwealth Insurance Services

What Skills Does a person Need at Commonwealth Insurance Services?

At Commonwealth Insurance Services, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Insurance Sales: Insurance sales involves selling various types of insurance to customers, including home, life, health and auto insurance. Primary goal is to get information about clients' needs and match them with insurance policies they offer.
  2. Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
  3. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  4. Health insurance: Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.
  5. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.

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Check more jobs information at Commonwealth Insurance Services

Job Title Average Commonwealth Insurance Services Salary Hourly Rate
2 Independent Insurance Agent $78,353 $38
3 Account Manager $68,538 $33
4 Billing Specialist $69,235 $33
5 Office Manager $71,819 $35

Hourly Pay at Commonwealth Insurance Services

The average hourly pay at Commonwealth Insurance Services for a Property and Casualty Insurance Agent is $38 per hour. The location, department, and job description all have an impact on the typical compensation for Commonwealth Insurance Services positions. The pay range and total remuneration for the job title are shown in the table below. Commonwealth Insurance Services may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $78,353 look to you?

FAQ about Salary and Jobs at Commonwealth Insurance Services

1. How much does Commonwealth Insurance Services pay per hour?
The average hourly pay is $38. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Commonwealth Insurance Services?
According to the data, the highest approximate salary is about $93,746 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Commonwealth Insurance Services?
According to the data, the lowest estimated salary is about $68,540 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.