INSURANCE CEO SALARY GUIDE

Insurance CEO Salaries Overview

Gain unparalleled insight into executive compensation across the insurance sector with our comprehensive Insurance CEO Salary Guide.

Created specifically for insurance boards, investors, and executive search professionals, this guide offers a detailed overview of insurance CEO salaries across North America.

The Insurance CEO Salary Guide provides a thorough breakdown of average salaries by company size, business segment (life, health, property & casualty, reinsurance), and annual gross written premium.

Why use our Insurance Chief Executive Officer Salary Guide?

Our executive recruitment platform connects with thousands of insurance leaders, enhanced by self-reported salary intelligence via our proprietary registration system.

This hybrid approach ensures our Insurance CEO Salary Guide is the most precise and industry-specific compensation reference available.

This is not a generalized dataset. Our data comes directly from a network of insurance CEOs, board members, and public compensation disclosures within the insurance industry.

Whether you’re appointing a new CEO or reassessing a remuneration structure, this guide delivers accurate, real-world benchmarking.

How do we ensure accuracy?

We manage one of the most detailed executive datasets in the insurance sector, compiling verified salary data from CEOs leading everything from regional mutual insurers to global reinsurance giants.

The guide features base salaries, performance incentives, equity plans, and non-cash benefits such as deferred compensation, pension contributions, and executive insurance packages, tailored to insurance industry standards.

Average Insurance CEO Salary by Company Size & Premium Volume

Insurance CEO salaries are shaped by several core factors:

• Company Size: CEOs of large insurers, especially those operating internationally or across multiple lines, command higher pay due to complexity and regulatory demands.
• Premium Volume: Executive compensation scales with gross written premium, reflecting the financial responsibility and scope of operations.
• Business Segment: Life and reinsurance CEOs often earn higher compensation packages than peers in personal lines or specialty insurance due to margin profiles and long-term risk management needs.
• Ownership Model: Publicly listed insurers typically offer more substantial equity-based pay, while mutual and privately held firms emphasize long-term incentives and retention bonuses.

Beyond base salary, insurance CEO compensation is heavily performance-driven, linked to underwriting profitability, combined ratio targets, capital efficiency, and growth metrics. Our guide breaks down how each element contributes to total earnings.

Insurance CEO Salary by Region & State

Geography plays a significant role in executive pay across the insurance industry. Markets such as New York, Illinois, and Connecticut, home to major insurance hubs, report significantly higher compensation levels due to competition and concentration of large players.

Use this section to:

• Benchmark your compensation packages against regional norms
• Understand local talent market dynamics in insurance leadership
• Attract high-caliber CEOs with location-adjusted compensation strategies

We provide salary data across leading insurance centers in North America to support your compensation planning.

Included in our Insurance CEO Salary Guide:

• Average salary of an insurance CEO
• Salary benchmarks by company size and segment
• Pay variation based on premium volume
• Compensation trends across life, P&C, reinsurance, and health insurers
• Regional and state-level salary data
• Market trends in insurance executive compensation

Download your Insurance CEO Salary Guide today.