Average Insurance sales manager Salary

The average Insurance sales manager salary in UK is £33,412.22
The hourly average pay for an Insurance sales manager salary in UK is £16.06
The starting salary for a junior Insurance sales manager in UK is £21,500.00 per year or £10.34 per hour

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What does an Insurance sales manager earn?

Insurance sales managers in the UK typically receive an average salary of £33,400 per year, selling and managing insurance policies. They act as a liaison between the insurance company and clients, providing the most suitable coverage and offering financial advice tailored to each individual's needs. They may have expertise in specialised areas like liability insurance, health insurance and property insurance.

How to earn more as an Insurance sales manager

You can become an insurance sales manager by studying a course in insurance, business or finance. You may also gain experience by working in customer service, sales or finance. Once you have the necessary qualifications or experience, you can apply for jobs as an insurance sales manager with an insurance provider or become self-employed and set up your own business. Earning the most money in this role usually involves specialising in a high-risk or complex area, or reaching a managerial role. Insurance sales managers can earn over £72,500 a year.

Average Salary: £33,412.22

Min: £21,500.00 Max: £72,500.00

Average Insurance sales manager Salary in UK : £33,412.22


Read about Insurance sales manager salaries, related jobs and salary information across the UK

Insurance sales manager Salary data from the ONS

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Salary by Region

Compare Insurance sales manager salaries across different regions

Region Salary
Scotland £28,991.01
Wales £42,899.24
Northern Ireland £30,274.23
East Midlands £34,838.76
Eastern £32,915.28
London £48,263.99
North East £33,970.50
North West £32,487.18
South East £33,087.13
South West £32,656.37
West Midlands £31,983.72
Yorkshire and the Humber £29,547.71

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Understanding the Average Insurance Sales Manager Salary in the UK

As an insurance sales manager in the UK, it's important to have a clear understanding of the average salary in the industry. To get an idea of what you can expect to earn, you can refer to the average Banking and Insurance salaries in the UK. This will give you a benchmark to compare your potential earnings.

Salary Expectations for Newly Qualified Insurance Sales Manager

If you're just starting out as an insurance sales manager, it's natural to wonder what your salary expectations should be. To get a better idea of the salary range for newly qualified professionals in this field, you can explore the available opportunities on a job search website. This will give you an insight into the current market rates and help you negotiate a fair salary.

Salaries for Experienced Insurance Sales Manager

As you gain experience and expertise in the insurance sales industry, your earning potential as a sales manager will increase. Salaries for experienced insurance sales managers can vary depending on factors such as the size of the company, location, and your track record of success. It's worth researching industry reports and consulting with recruitment agencies to get a better understanding of the salary range for experienced professionals in this role.

Creating an Insurance Sales Manager CV

When applying for a job as an insurance sales manager, having a well-crafted CV is essential. To ensure your CV stands out from the competition, you can use a CV template specifically designed for insurance sales managers. This template will help you highlight your skills, experience, and achievements in a professional and concise manner.

Career Development Opportunities for Insurance Sales Manager

As an insurance sales manager, there are various career development opportunities available to help you progress in your profession. Whether it's pursuing additional qualifications, attending industry conferences, or seeking mentorship, it's important to stay updated with the latest trends and advancements in the insurance industry. For valuable career advice and guidance, you can refer to resources such as career advice articles tailored specifically for insurance sales managers.

Comprehensive Compensation for Insurance Sales Manager

Aside from your base salary, there may be additional components to your compensation package as an insurance sales manager. This can include bonuses, commissions, and other incentives based on your performance and the success of your team. It's important to have a clear understanding of the comprehensive compensation structure offered by your employer to ensure you are fairly rewarded for your efforts.

Strategies for Increasing Your Salary as an Insurance Sales Manager

If you're looking to increase your salary as an insurance sales manager, there are several strategies you can employ. This can include consistently exceeding sales targets, taking on additional responsibilities, and continuously improving your skills and knowledge. By demonstrating your value to the company and consistently delivering results, you can negotiate for a higher salary or seek opportunities with higher earning potential.

Professional Development and Earnings

Investing in your professional development can have a direct impact on your earnings as an insurance sales manager. By continuously improving your skills, staying updated with industry trends, and seeking out opportunities for growth, you can position yourself for higher-paying roles and increased earning potential. Consider attending relevant training programs, obtaining certifications, and networking with industry professionals to enhance your career prospects.

Capitalising on Extra Hours and Duties

As an insurance sales manager, there may be opportunities to earn additional income by taking on extra hours or duties. This can include managing larger teams, overseeing special projects, or participating in sales events outside of regular working hours. By demonstrating your willingness to go above and beyond, you can not only increase your earning potential but also showcase your dedication and commitment to your role.

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