Insurance Sales Manager Salary in Minneapolis, Minnesota

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Average Salary for Insurance Sales Manager in Minneapolis, Minnesota

The average salary of a(n) Insurance Sales Manager in Minneapolis, Minnesota is $107,721.

The average hourly rate of a(n) Insurance Sales Manager in Minneapolis, Minnesota is $51.79.

The average bonus of a(n) Insurance Sales Manager in Minneapolis, Minnesota is $9,275.00.

Job Description:

Manages, plans, organizes, and coordinates the sales activities of an insurance company, agency, or insurance brokerage firm. Establishes sales goals and plans to assure that each agent contributes to the overall organization objectives. Ensures that all systems, procedures, and insurance company regulations are communicated to and complied with by all personnel in the production department. Develops and maintains a comprehensive sales training program to assure meeting the agency standards of performance. Conducts periodic reviews for organization employees to assure attainment of goals and proper compensation arrangements. Reviews all activities relating to the public, customers, and organizations to avoid issues involving potential errors and omissions. Maintains an active and effective role in evaluating and choosing the right companies for the agency. Reviews activity reports to ensure that personnel have achieved sales quotas, processed claims promptly, or credited collections to policyholders' accounts. Confers with company officials to plan and develop methods and procedures to increase sales, lower costs, and obtain greater efficiency. Interprets, implements, and enforces company policies. Prepares and submits activity reports. Develops a sales budget to insure conformance to organization sales goals and objectives. Hires, trains, and supervises insurance sales staff. May reconcile earned commissions with commission advances on sales personnel. Less

Manages, plans, organizes, and coordinates the sales activities of an insurance company, agency, or insurance brokerage firm. Establishes sales goals and plans to assure that each agent contributes to the overall organization objectives. Ensures that all systems, procedures, and insurance... More

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