How much do Goosehead account executives make?

Asked by: Dr. Wilfredo Schneider  |  Last update: February 11, 2022
Score: 4.4/5 (38 votes)

How much does an Account Executive make at Goosehead Insurance in the United States? Average Goosehead Insurance Account Executive yearly pay in the United States is approximately $59,019, which is 11% below the national average.

How much do account executives makes?

How Much Does a Account Executive Make in US? The average salary for a Account Executive in US is $82,633. The average additional cash compensation for a Account Executive in US is $69,279. The average total compensation for a Account Executive in US is $151,912.

How much does a goosehead owner make?

How does the salary as an Agency Owner at Goosehead Insurance compare with the base salary range for this job? The average salary for an Agency Owner is $93,079 per year in United States, which is 0% lower than the average Goosehead Insurance salary of $93,674 per year for this job.

Is Goosehead Insurance a pyramid scheme?

Goosehead Insurance is not a multi-level marketing (MLM) business opportunity or pyramid scheme. It doesn't have multiple layers of agents, mentors, and trainers and is not suitable for agents who are primarily looking to recruit.

How much does an account executive at an insurance company make?

The national average salary for a Insurance Account Executive is $56,286 in United States.

Software Sales Salaries - Sales & Business Development and Account Executive

38 related questions found

What do insurance account executives do?

An insurance account executive's role involves: Targeting sales goals and developing business for insurance companies. Managing a good relationship with clients. Proposing new products to the market, and endorsing them to clients while explaining which policies best fit particular areas.

Is Goosehead Insurance a good place to work?

Is Goosehead Insurance a good company to work for? Goosehead Insurance has an overall rating of 3.9 out of 5, based on over 706 reviews left anonymously by employees. 70% of employees would recommend working at Goosehead Insurance to a friend and 74% have a positive outlook for the business.

How does Goosehead make money?

How do Goosehead agents make money? Goosehead agents work on a commission split basis. They get a percentage of the commission earned for each policy that they write. Agents make 80% commission on new policies, and 50% commission on renewals.

Does Goosehead sell life insurance?

Goosehead's clients are able to access the life insurance offering through Gooshead's Digital Agent platform, and can purchase the coverage without a medical exam, according to the company.

How much does a goosehead franchise cost?

How much does a Goosehead Insurance franchise cost? Goosehead Insurance has a franchise fee of up to $60,000, with a total initial investment range of $41,500 to $116,500.

Who started Goosehead Insurance?

Robyn and Mark Jones are the cofounders of Goosehead Insurance, where Mark is chairman and CEO, and Robyn is vice chairman.

What is goosehead?

(Goosehead) is a personal lines independent insurance agency. The Company is engaged in distributing personal lines products and services throughout the United States. The Company operates through two segments: Corporate Channel and Franchise Channel.

Do account executives have a base salary?

Account executives with revenue targets are typically paid a base salary plus commission when they sell their company's products and services.

Is account executive an entry level?

Account executives and account managers have many similarities in terms of skill sets, educational backgrounds, and, at times, even daily responsibilities. ... After gaining some experience, often in an entry-level sales position, they can apply for account manager positions.

Do account executives get paid hourly?

The average hourly wage for an Account Executive - Advertising in the United States is $40 as of January 27, 2022, but the range typically falls between $36 and $48. ... With more online, real-time compensation data than any other website, helps you determine your exact pay target.

How many agents does Goosehead have?

Goosehead, which went public in 2018 and expects to write $1.5 billion in total premiums this year, said it has retooled its professional platform that allows more than 2,000 corporate and independent franchise agents to quickly search quotes at more than 140 carriers.

How many Goosehead Insurance locations are there?

Corporate Profile

Goosehead represents over 140 insurance companies that underwrite personal lines and small commercial lines risks, and its operations include a network of nine corporate sales offices and over 1,400 operating and contracted franchises. This opens in a new window.

How long has Goosehead Insurance been in business?

Robyn and Mark Jones founded Westlake-based Goosehead Insurance in 2003 with a novel idea. Some 18 years later, their radical approach to insurance is paying dividends.

Is Goosehead a good investment?

A great stock to buy and hold long-term

Goosehead is a relatively young company with consistent, strong growth. While its valuation is high, I think it's a business to buy and hold for the next decade.

Is Goosehead Insurance a good buy?

Goosehead Insurance - Sell

Valuation metrics show that Goosehead Insurance may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of GSHD, demonstrate its potential to underperform the market.

Who owns covered by sage?

Rashik Adhikari is founder and CEO of Covered by Sage, a technology-driven insurance brokerage that combines cutting-edge tech and modern consumerism with old-fashioned human-touch.

What is it like working for Goosehead Insurance?

Excellent office culture at a fast growing company.

You have to be driven to succeed here, there is no doubt about that. Laziness will be noticed. If you are truly invested in your own growth and the growth of your organization you will undoubtedly do well at Goosehead.

How many employees does goosehead have?

Employee Data

Goosehead Insurance Agency has 2734 Employees.

How did Goosehead Insurance start?

In 2003, real estate investor Robyn Jones and her husband Mark Jones, a senior partner at Bain & Co., transformed the insurance industry by providing clients unprecedented information, unleashing their power of choice.

How do I become an insurance executive?

Candidates must have a valid Bachelor-level degree in the field of management, insurance, banking or sales. A masters degree in these fields can also help the candidate to pursue more lucrative career paths.