State Farm Insurance Business Development Manager Salaries in Los Angeles | Comparably
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At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and we’re serious about being here to help life go right™ for customers by providing solutions for all of life’s moments. read more
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State Farm Insurance Business Development Manager Salaries in Los Angeles

The average State Farm Insurance Business Development Manager in Los Angeles earns an estimated $129,557 annually, which includes an estimated base salary of $107,519 with a $22,038 bonus. State Farm Insurance's Business Development Manager compensation is $2,584 less than the US average for a Business Development Manager. Business Development Manager salaries at State Farm Insurance in Los Angeles can range from $67,000 - $210,000.

In Los Angeles, The Business Development Department at State Farm Insurance earns $2,474 more on average than the HR Department.

Last updated 6 days ago.

$30k
$55k
$80k
$105k
$22.22M
$129,557
Average Compensation
$107,519
avg. base
$22,038
avg. bonus

Business Development Manager Salaries at State Farm Insurance

In Los Angeles, Business Development Managers earn $4,143 more than Business Development Managers, and $77,306 less than Directors of Business Development.

Director of Business Development
$207k*
Business Development Manager
$125k*
Account Manager
$122k*
Account Executive
$70k*
* estimated salary

Compensation at State Farm Insurance by Department

In Los Angeles, The Business Development Department averages $2,474 more than the HR Department, and $2,101 less than the Design Department

Design
$113,164 Avg. total comp.
+$2k
Business Development
$111,063 Avg. total comp.
HR
$108,589 Avg. total comp.
-$2k

Business Development Manager Compensation by Gender (All Companies)

The average female Business Development Manager at companies similar size to State Farm Insurance reported making $151,865, while the average male Business Development Manager at similar sized companies reported making $160,499.

Business Development Manager Compensation by Ethnicity (All Companies)

The average Hispanic or Latino Business Development Manager at companies similar size to State Farm Insurance reported making $180,546, while the average African American/Black Business Development Manager at similar sized companies reported making $121,400.

How Business Development Managers at State Farm Insurance Rate Their Compensation

The majority of Business Development Managers at State Farm Insurance believe they're compensated fairly. 70% of Business Development Managers at State Farm Insurance say they receive annual bonuses, and the majority (60%) are satisfied with their benefits. See more compensation ratings at State Farm Insurance

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