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Insurance Contracting and Licensing Specialist Salary in New Iberia, LA
How much does an Insurance Contracting and Licensing Specialist make in New Iberia, LA?
$67,087 (USD)/year
Average Bonus
$1,523 (USD)
per Year
Total Compensation
$67,800.87
Entry Level
$48,798
Median
$66,278
Senior Level
$75,627
As of July, 23, 2026, the average insurance contracting and licensing specialist gross salary in New Iberia, Louisiana is $67,087 or an equivalent hourly rate of $32. In addition, insurance contracting and licensing specialists earn an average bonus of $1,523. An entry level insurance contracting and licensing specialist with 1-3 years of experience earns an average salary of $48,798. At the higher end of the pay range, an senior level insurance contracting and licensing specialist with 8+ years of experience earns an average salary of $75,627. Salary estimates are based on salary survey data collected directly from employers in New Iberia, Louisiana.
Data powered by ERI
Salary Potential for an Insurance Contracting and Licensing Specialist
Explore the estimated salary growth for an Insurance Contracting and Licensing Specialist in New Iberia, LA for up to 5 years. The estimated salary of an Insurance Contracting and Licensing Specialist will be $68,818 in 1 year and $76,201 in 5 years.
View Salary by Year
Estimated Salary
$70,594
Average Growth
5.2 %
The estimated salary for an Insurance Contracting and Licensing Specialist in 2 years is $70,594, which is 5.2 % average growth. This information is based on ERI's compensation database.
Typical Insurance Contracting and Licensing Specialist Education
Education data not available for this job
Popular Skills for an Insurance Contracting and Licensing Specialist
Skills data not available for this job
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View moreCost of Living in New Iberia, LA
The cost of living in New Iberia, LA is 19% lower than the national average.
19% lower
than the national average
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Frequently Asked Questions
What does an Insurance Contracting and Licensing Specialist do?
Coordinates and facilitates contractual agreements involving insurance providers and networks. Negotiates and discusses contract agreements with new clients and renegotiates with existing clients as needed to maintain provider channels. Monitors and maintains a portfolio of contracts and proposals and addresses contract breaches. Tracks current contract performance and processes requests for changes, amendments, and extensions to existing agreements. Documents and consolidates contract terms and conditions for reference in writing future contracts. Coordinates with financial teams to determine the financial implications of new contract agreements and to develop a budget plan. Works with legal teams and confirms that contracts are lawful within the constraints of local and federal authorities.
How much does an Insurance Contracting and Licensing Specialist make in New Iberia, LA?
The average salary for an Insurance Contracting and Licensing Specialist is $67,087 per year or $32.25 per hour in New Iberia, LA. Top earners have reported making up to $75,627. However, the typical pay range in New Iberia, LA is between $48,798 and $75,627 annually.
What is the salary trajectory for an Insurance Contracting and Licensing Specialist?
Insurance Contracting and Licensing Specialist is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Insurance Contracting and Licensing Specialist salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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