State Farm Insurance Business Development Manager Salaries in New York | 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 New York

The average State Farm Insurance Business Development Manager in New York earns an estimated $159,344 annually, which includes an estimated base salary of $127,511 with a $31,833 bonus. State Farm Insurance's Business Development Manager compensation is $27,203 more than the US average for a Business Development Manager. Business Development Manager salaries at State Farm Insurance in New York can range from $110,400 - $243,000.

In New York, The Business Development Department at State Farm Insurance earns $7,241 more on average than the Sales Department.

Last updated 6 days ago.

$30k
$55k
$80k
$105k
$22.22M
$159,344
Average Compensation
$127,511
avg. base
$31,833
avg. bonus

Business Development Manager Salaries at State Farm Insurance

In New York, Business Development Managers earn $1,693 more than Business Development Managers, and $35,348 less than Directors of Business Development.

Director of Business Development
$195k*
Business Development Manager
$158k*
Account Executive
$132k*
Account Manager
$128k*
* estimated salary

Compensation at State Farm Insurance by Department

In New York, The Business Development Department averages $7,241 more than the Sales Department, and $2,458 less than the Customer Support Department

Customer Support
$126,447 Avg. total comp.
+$2k
Business Development
$123,989 Avg. total comp.
Sales
$116,748 Avg. total comp.
-$7k

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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