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How much does a Branch Manager - Insurance make?

As of April 01, 2025, the average annual salary for a Branch Manager - Insurance in the United States is $117,859. According to Salary.com, salaries can range from a low of $80,183 to a high of $160,026, with most professionals earning between $98,138 and $139,931.

Branch Manager - Insurance Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $139,931 $11,661 $2,691 $67
Average $117,859 $9,822 $2,267 $57
25th Percentile $98,138 $8,178 $1,887 $47

Average Salary

25% $98,138 10% $80,183 90% $160,026 75% $139,931 $117,859 50%(Median)
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How much does a Branch Manager - Insurance make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Branch Manager - Insurance salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Branch Manager - Insurance hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Branch Manager - Insurance's Salary?

An entry-level Branch Manager - Insurance with less than 1 year of experience earns about $110,500. With 1-2 years of experience, the average salary increases to $111,383. For 2-4 years of experience, the pay typically rises to $113,444. Senior-level professionals with 5-8 years of experience earn around $115,799, and those with over 8 years of experience can expect an average of $118,518.

Levels Salary
Entry Level Branch Manager - Insurance $110,500
Intermediate Level Branch Manager - Insurance $111,383
Senior Level Branch Manager - Insurance $113,444
Specialist Level Branch Manager - Insurance $115,799
Expert Level Branch Manager - Insurance $118,518
$110,500 0 yr
$111,383 < 2 yrs
$113,444 2-4 yrs
$115,799 5-8 yrs
$118,518 > 8 yrs
Last Updated on April 01, 2025
Entry Level 6%
Mid Level 5%
Senior Level 4%
Top Level 2%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Branch Manager - Insurance vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Branch Manager - Insurance is $147,194.
  • In New York, NY, the average annual salary is $136,587.
  • In Boston, MA, a Branch Manager - Insurance earns $131,448 per year.

What is the salary trend of Branch Manager - Insurance?

As of April 01, 2025, our research reveals a significant shift in Branch Manager - Insurance compensation over the past six years. For example, the median salary increased from $153,021 in 2023 to approximately $153,128 in 2024. (For a detailed analysis of Branch Manager - Insurance salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Branch Manager - Insurance Over Time

2020
$???
2021
$???
2022
$???
$153,021
2023
$153,128
2024
$148,361
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$153,021
2024
$153,128
2025
$148,361
2026
$???
Last Updated on April 01, 2025

Branch Manager - Insurance Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $153,021
2024 $153,128
2025 $148,361
2026 View More
Last Updated on April 01, 2025

Job Openings of Branch Manager - Insurance

Salary.com job board provides millions of Branch Manager - Insurance information for you to search for. Click on search button below to see Branch Manager - Insurance job openings or enter a new job title here.

Most Common Benefits for Branch Manager - Insurance

Based on HR-reported data: a national average with a geographic differential
Base Salary 73.5%
Bonuses 0.0%
Social Security 5.6%
401k/403b 3.5%
Disability 0.6%
Healthcare 3.8%
Pension 4.0%
Time Off 9.0%
Core Compensation
Core Compensation Median % of Total
Base Salary $117,859 73.5%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,016 5.6%
401K/403B $5,539 3.5%
Disability $943 0.6%
Healthcare $6,056 3.8%
Pension $6,482 4.0%
Time Off $14,506 9.0%
Total Compensation $160,401 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Branch Manager - Insurance with different levels of education?

Salaries for Branch Manager - Insurance with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Branch Manager - Insurance with a Bachelor's Degree is $119,735 - $133,097. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Branch Manager - Insurance Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Branch Manager - Insurance
Degree Level % of user with this level of education
No Diploma 1.7%
High School 28.7%
Associates 13.8%
Bachelors 41.0%
Masters 13.2%
Doctorate 1.7%
Typical Education for Branch Manager - Insurance
No Diploma 1.7%
High School 28.7%
Associates 13.8%
Bachelors 41.0%
Masters 13.2%
Doctorate 1.7%
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Branch Manager - Insurance Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Branch Manager - Insurance

1. What is the average salary of a Branch Manager - Insurance?

The average annual salary of Branch Manager - Insurance is $117,859. In case you are finding an easy salary calculator, the average hourly pay of Branch Manager - Insurance is $57; the average weekly pay of Branch Manager - Insurance is $2,267; the average monthly pay of Branch Manager - Insurance is $9,822.

2. Where can a Branch Manager - Insurance earn the most?

A Branch Manager - Insurance's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Branch Manager - Insurance earns the most in San Jose, CA, where the annual salary of a Branch Manager - Insurance is $148,656.

3. What is the highest pay for Branch Manager - Insurance?

The highest pay for Branch Manager - Insurance is $160,026.

4. What is the lowest pay for Branch Manager - Insurance?

The lowest pay for Branch Manager - Insurance is $80,183.

5. What are the responsibilities of Branch Manager - Insurance?

Manages the daily activities of the branch office, with duties such as insurance claim processing (home, auto, life, mortgage, etc.), marketing, auditing, loss prevention, and underwriting. Hires, trains, and monitors the performance of new insurance agents. Provides updates to the regional manager regarding operating results, insurance trends, and competitor methods. May provide guidance on more complex issues. Develops new business through selling and marketing activities. Requires a bachelor's degree. Typically reports to the regional manager. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Typically requires 3+ years of managerial experience.

6. What are the skills of Branch Manager - Insurance

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.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.)

Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Branch Manager - Insurance is $117,859 per year in the United States, updated at April 01, 2025.
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