How much do auto insurance agents acquire remunerated?
My husband & I own a small, well established independent insurance agent in Raleigh, NC. We would approaching to hire a licensed CSR/agent to work in our business, but have no opinion what the going pay rate is in our nouns. Any ideas or insight would be much appreciated!!
Answers:
Although Mbr's response is very precise, I am not sure every situation is the same. It would depend on a few things. What size book of business will they be servicing? Will you also expect them to produce? Are you looking for an experienced being to come in and remedy a current problem (if your problem is too much business to handle that's a nice problem to have)? or are you looking for an inexperienced personality to handle the menial jobs so you can spend more time selling?
Also, the most far-reaching thing is what the max you are willing to spend to bring another body in the door. An inexperienced person who is individual answering phones and processing paper, you may only want to remuneration a little better than minimum wage whereas a person near vast experience you may want to pay moderately a bit more.
Good luck to you and your business! Source(s): 10+ years in insurance
Agent pay depends on the company and if you plan to remuneration a base salary + commission or strictly income. I work for one of the larger insurance companies in the country and they pay for me to be licensed within all states, pay for my continuing childhood, continued training, etc. I make $32/k per year base net.
http://www.stipend.com/
This should help you :)
For personal lines, about $21K plus benefits, if they hold a couple years experience under their belt. Source(s): agent, 21+ years
Related Questions:
Answers:
Although Mbr's response is very precise, I am not sure every situation is the same. It would depend on a few things. What size book of business will they be servicing? Will you also expect them to produce? Are you looking for an experienced being to come in and remedy a current problem (if your problem is too much business to handle that's a nice problem to have)? or are you looking for an inexperienced personality to handle the menial jobs so you can spend more time selling?
Also, the most far-reaching thing is what the max you are willing to spend to bring another body in the door. An inexperienced person who is individual answering phones and processing paper, you may only want to remuneration a little better than minimum wage whereas a person near vast experience you may want to pay moderately a bit more.
Good luck to you and your business! Source(s): 10+ years in insurance
Agent pay depends on the company and if you plan to remuneration a base salary + commission or strictly income. I work for one of the larger insurance companies in the country and they pay for me to be licensed within all states, pay for my continuing childhood, continued training, etc. I make $32/k per year base net.
http://www.stipend.com/
This should help you :)
For personal lines, about $21K plus benefits, if they hold a couple years experience under their belt. Source(s): agent, 21+ years
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