State Farm Insurance Director of Business Development Salary | 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 Director of Business Development Salary

The average State Farm Insurance Director of Business Development earns an estimated $210,789 annually, which includes an estimated base salary of $161,041 with a $49,747 bonus. State Farm Insurance's Director of Business Development compensation is $44,523 more than the US average for a Director of Business Development. Director of Business Development salaries at State Farm Insurance can range from $73,000 - $390,000.

The Business Development Department at State Farm Insurance earns $9,385 more on average than the Operations Department.

Last updated 8 days ago.

$30k
$74k
$118k
$160k
$290k
$540k
$210,789
Average Compensation
$161,041
avg. base
$49,747
avg. bonus

Director of Business Development Salaries at State Farm Insurance

Directors of Business Development earn $3,378 more than Directors of Business Development.

Director of Business Development
$207k*
Business Development Manager
$154k*
Account Manager
$118k*
Account Executive
$107k*
* estimated salary

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

Engineering
$136,313 Avg. total comp.
+$12k
Business Development
$124,566 Avg. total comp.
Operations
$115,181 Avg. total comp.
-$9k

Director of Business Development Compensation by Gender (All Companies)

The average female Director of Business Development at companies similar size to State Farm Insurance reported making $205,320, while the average male Director of Business Development at similar sized companies reported making $214,912.

Director of Business Development Compensation by Ethnicity (All Companies)

The average African American/Black Director of Business Development at companies similar size to State Farm Insurance reported making $217,667, while the average Hispanic or Latino Director of Business Development at similar sized companies reported making $185,667.

How Directors of Business Development at State Farm Insurance Rate Their Compensation

The majority of Directors of Business Development at State Farm Insurance believe they're compensated fairly. 70% of Directors of Business Development 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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