Sales manager, insurance salary

Sales Manager, Insurance: Salary and Work

Working as a sales manager in the insurance industry involves having overall responsibility for leading and developing the sales team. One works on setting goals, developing strategies, and ensuring that the company meets its sales targets. Sales managers in the insurance industry may also be involved in recruiting and training new employees, as well as establishing and maintaining relationships with customers and partners.

Salary Statistics for Sales Manager, Insurance

The average salary for a sales manager in the insurance industry is 49 500 SEK per month. However, there is a clear gender pay gap. Men in the profession earn an average of 54 000 SEK, while women earn 45 000 SEK. This means that women earn 83% of what men do in the same job role.

Education and Qualifications

To become a sales manager in the insurance industry, usually a post-secondary education in economics, sales, or marketing is required. Many employers also value previous experience in sales, especially in the insurance industry. Having worked as an insurance salesperson or advisor before stepping into a management role can be an advantage.

Key Skills

A successful sales manager in the insurance industry should have strong leadership qualities and good communication skills. It is also important to be goal-oriented and have a good understanding of insurance products and the market. The ability to analyze sales data and develop strategies based on insights are also important skills.

Tasks and Responsibilities

Sales managers in the insurance industry have a wide range of tasks. These may include:

• Setting sales goals and developing strategies to achieve them
• Recruiting, training, and leading the sales team
• Analyzing sales data and market trends
• Developing and maintaining relationships with customers and partners
• Monitoring and reporting on sales results to management

Benefits and Working Conditions

Sales managers in the insurance industry often enjoy various benefits that may include paid training, company car, company phone, and other similar perks. These benefits may vary depending on the employer and company policies.

Future Outlook

The demand for qualified sales managers in the insurance industry is expected to be stable. With the right education and experience, there may be good opportunities to advance in the profession and take on more responsibilities. It is also a profession that offers opportunities for personal and professional development through continuous education and certifications.