What Does AVP Stand For In Insurance?

Salary for Assistant Vice President (AVP), Regional Director with Insurance Experience | PayScale

What does an AVP title mean?

An Assistant Vice President’s Definition and Examples An assistant vice president is a senior executive position in a company. In the financial services industry and at schools and universities, it’s a rather popular position. They usually report to and work alongside a vice president.

What is the role of AVP?

An assistant vice president is usually a regional director who oversees a well-trained staff at a high level. These experts may be in charge of a variety of departments, including operations, marketing, human resources, and legal affairs.

An assistant vice president of operations is in charge of a variety of responsibilities for a company; if the company sells a product, the assistant vice president of operations is ultimately responsible for ensuring that the company’s supply network is reliable and consistent.

What is AVP financial?

Associate vice presidents (AVP) of financial operations collaborate with a vice president to ensure an organization’s financial integrity, including the effectiveness of its internal control environment. They are largely responsible for ensuring that the organization follows strong financial management procedures and for monitoring fiscal operations, accounts payable/receivable, budgeting, payroll, purchasing, and other areas.

Is AVP the same as associate?

Analyst and Associate are the first two layers of the organization, followed by Associate Vice President (AVP), Vice President (VP), Senior Vice President (SVP), and Managing Director in consulting and investment banking organizations. Although both of these jobs appear to be identical, the schooling, employment requirements, and wage structure are all different.

How much does an AVP make at Bank of America?

Bank of America Salary Frequently Asked Questions The average income for an AVP in the United States is $115,945 per year, which is 17% higher than the average compensation for this job at Bank of America, which is $98,960 per year.

How much does an AVP at State Street make?

The average yearly compensation for a State Street Assistant Vice President in the United States is $89,256, which is 14% less than the national average.

Salary data is based on 7 data points gathered from employees, users, and previous and present job adverts on Indeed in the last 36 months.

Please keep in mind that all salary amounts are estimates based on Indeed submissions from third parties. These numbers are provided to Indeed users solely for the purpose of making broad comparisons. The minimum pay varies by jurisdiction, therefore you should check with your company for exact income figures.

What is an AVP valuation?

The implied multiples paid at a range of transaction values and offer prices (for public targets) at fixed intervals are displayed in Analysis at Various Prices, often known as a valuation matrix. It’s just a page that shows what different purchase prices mean from a premium and multiples valuation standpoint.