State Farm Insurance Business Development Manager Salary
The average State Farm Insurance Business Development Manager earns an estimated $156,393 annually, which includes an estimated base salary of $124,926 with a $31,467 bonus. State Farm Insurance's Business Development Manager compensation is $24,252 more than the US average for a Business Development Manager. Business Development Manager salaries at State Farm Insurance can range from $55,000 - $306,000.
The Business Development Department at State Farm Insurance earns $9,385 more on average than the Operations Department.
Last updated 6 days ago.
- $124,926
- avg. base
- $31,467
- avg. bonus
Business Development Manager Salaries at State Farm Insurance
Business Development Managers earn $2,859 more than Business Development Managers, and $51,018 less than Directors of Business Development.
Compensation at State Farm Insurance by Department
The Business Development Department averages $9,385 more than the Operations Department, and $11,747 less than the Engineering Department
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
