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Insurance Manager Jobs in Damascus, MD (NOW HIRING)

Finance Manager - $200K-$300K+ | Dual Brand Store (Luxury + Volume) | DC Metro This is a two-brand ... Disability insurance * Employee discount * Health insurance * Health savings account * Life ...

Manager of People Finance

Bethesda, MD · On-site

$115K - $189K/yr

GEICO is seeking a Manager of People Finance to join its Finance Partner organization supporting ... Background in People Finance and/or understanding of the insurance industry is a plus * Advanced ...

Manager of People Finance

Bethesda, MD · On-site

$115K - $189K/yr

GEICO is seeking a Manager of People Finance to join its Finance Partner organization supporting ... Background in People Finance and/or understanding of the insurance industry is a plus * Advanced ...

Licensed Insurance Account Manager Location: Reston, VA, 20190 Salary: $70000.0 - $120000.0/year Experience: 2 Year(s) What we provide * Sales experience (outside sales or inside sales representative ...

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Showing results 1-20

Insurance Manager information

See Damascus, MD salary details

$39.7K

$87.6K

$129.6K

How much do insurance manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for insurance manager in Damascus, MD is $87,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,400.00 and $104,700.00 per year, depending on experience, location, and employer.

What is an insurance manager?

An insurance manager oversees the performance of all the employees who work for an insurance branch and verifies that all corporate policies are followed, including the filing of client records. Specifically, as an insurance manager, you supervise a sales agent or broker to help them drive sales and make sure they sell enough policies. Then, you ensure each of your sales agents receives a commission for excelling in their duties. To maximize profits, you set premiums by using actuary data and information from appraisers to determine the likelihood of clients filing claims, as well as the value of their assets. In this role, you are typically involved in many actions that the branch takes, such as the approval, denial, or investigation of claims.

What are the key skills and qualifications needed to thrive as an insurance manager?

To thrive as an Insurance Manager, you need expertise in risk assessment, policy analysis, and regulatory compliance, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with insurance management software, claims processing systems, and industry certifications like CPCU or ARM is highly valuable. Strong leadership, negotiation, and interpersonal skills help build effective teams and maintain client relationships. These abilities are crucial for ensuring seamless operations, regulatory adherence, and delivering excellent service in a competitive insurance environment.

What are some common challenges faced by insurance managers and how can they be addressed?

Insurance Managers often face challenges such as keeping up with changing regulations, managing diverse client portfolios, and balancing risk assessment with customer service. Staying updated with industry regulations and investing in continuous professional development can help address compliance issues. Effective communication and strong organizational skills are essential for managing multiple clients and teams. Additionally, leveraging modern insurance software can streamline operations and enhance accuracy in policy management.

What is the difference between Insurance Manager vs Insurance Underwriter?

AspectInsurance ManagerInsurance Underwriter
CredentialsOften requires insurance-related certifications and management experienceTypically holds actuarial, underwriting, or insurance licenses
Work EnvironmentManages teams, oversees policies, and develops strategies within insurance companiesEvaluates risks, assesses applications, and determines policy terms
Employer & Industry UsageCommonly employed in insurance firms, brokers, and agenciesPrimarily found in insurance companies and underwriting firms
Search & Comparison IntentPeople compare roles involving insurance policy oversight and managementIndividuals interested in risk assessment and policy issuance

The main difference between an Insurance Manager and an Insurance Underwriter lies in their responsibilities. Insurance Managers oversee teams, develop policies, and manage overall operations, while Insurance Underwriters focus on evaluating individual risks and determining policy terms. Both roles require insurance-related credentials and are integral to the insurance industry, but they serve different functions within the insurance process.

What are the most commonly searched types of Insurance jobs in Damascus, MD?

The most popular types of Insurance jobs in Damascus, MD are:

What cities near Damascus, MD are hiring for Insurance Manager jobs?

Cities near Damascus, MD with the most Insurance Manager job openings:

Infographic showing various Insurance Manager job openings in Damascus, MD as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 25% Part Time, 1% Temporary, and 5% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $87,592 per year, or $42.1 per hour.

$80K - $200K/yr

Full-time

Posted 14 days ago


Job description

Description

Position Overview: The Preston Automotive Group is currently seeking a highly motivated and experienced Automotive Finance & Insurance (F&I) Manager to join our team. The selected candidate will be responsible for overseeing all aspects of the finance and insurance department, ensuring compliance with regulations, maximizing profitability, and providing exceptional customer service.

Responsibilities:

  • Manage all finance and insurance activities within the dealership, including but not limited to, financing, leasing, and insurance products.
  • Develop and maintain relationships with lending institutions and insurance companies to secure competitive financing and insurance rates for customers.
  • Work closely with sales personnel to structure deals that meet customers' needs and maximize dealership profitability.
  • Review customer credit applications and financial information to determine financing options and secure approvals.
  • Present finance and insurance options to customers, explain terms and conditions, and assist in selecting appropriate products and services.
  • Ensure compliance with all federal, state, and local regulations governing automotive finance and insurance activities.
  • Monitor and analyze finance and insurance performance metrics, identify areas for improvement, and implement strategies to optimize department profitability.
  • Handle customer inquiries, concerns, and complaints related to finance and insurance products in a professional and timely manner.
  • Stay updated on industry trends, regulatory changes, and best practices in automotive finance and insurance.

Requirements

  • Commitment to live our company's Core Values of Integrity, Teamwork, Attention to Detail, Urgency, Personal Growth and Community.
  • Minimum of 2-5 years of experience in automotive finance and insurance management preferred.
  • Proven track record of success in maximizing dealership profitability and customer satisfaction.
  • Strong understanding of finance and insurance products, regulations, and compliance requirements.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to work effectively in a fast-paced, team-oriented environment.
  • Proficiency in dealership management systems (CDK experience a plus) and finance software applications.
  • Relevant certifications (e.g., AFIP, F&I Manager Certification) preferred.

Salary Description $80,000 to $200,000 per year

Requirements

  • Commitment to live our company's Core Values of Integrity, Teamwork, Attention to Detail, Urgency, Personal Growth and Community.
  • Minimum of 2-5 years of experience in automotive finance and insurance management preferred.
  • Proven track record of success in maximizing dealership profitability and customer satisfaction.
  • Strong understanding of finance and insurance products, regulations, and compliance requirements.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to work effectively in a fast-paced, team-oriented environment.
  • Proficiency in dealership management systems (CDK experience a plus) and finance software applications.
  • Relevant certifications (e.g., AFIP, F&I Manager Certification) preferred.