What is an insurance consultant salary?

What is an insurance consultant salary?

The highest salary for a an Insurance Consultant in London Area is £42,474 per year. The lowest salary for a an Insurance Consultant in London Area is £17,752 per year.

What is the meaning of insurance consultant?

Definition: A professional who provides specialized guidance and advice for investment in various insurance schemes is an insurance advisor or insurance consultant. He is alternatively also known as insurance consultant.

How much should a consultant make per hour?

Consultant Salary

Annual Salary Hourly Wage
Top Earners $144,500 $69
75th Percentile $104,000 $50
Average $83,450 $40
25th Percentile $50,000 $24

What do you need to be an insurance consultant?

Insurance Consultant Requirements:

  • High school diploma.
  • A Finance-intensive qualification is preferred.
  • Demonstrable experience as an insurance consultant.
  • Receipt of an insurance consultant license.
  • Laudable statistical modeling techniques.
  • Ability to utilize digital spreadsheets.

How much does an insurance claims consultant make?

Pay by Experience Level for Insurance Claims Consultant. An entry-level Insurance Claims Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$51,479 based on 15 salaries.

What’s the average salary for an insurance agent?

These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Agent in the United States. The average hourly rate for Insurance Agent ranges from $22 to $28 with the average hourly pay of $24.

What’s the average pay for a business consultant?

What range of pay has the market set? “The market rate” is the average price and range of pricing a typical customer will pay for your type of consulting service. If the average business consultant charges and receives $100 per hour, than the “market rate” is likely between $50 to $150 per hour.

What are the duties of an insurance consultant?

Review and process new claims reports and court decisions. Support claims process through research, expertise, and internal and external communication. Maintain relationships and communication with carriers and clients. Prepare and present claims reviews and plans; negotiate settlements.