The average pay for an Insurance Broker is AU$63,225 per year. Experience has a moderate effect on income for this job. People in this job generally don't have more than 20 years' experience.

AU$44,412 - AU$125,422
AU$44K
AU$62K
AU$130K
MEDIAN: AU$62,402
10%
50%
90%

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AU$20.87 - AU$39.03
AU$21
AU$25
AU$39
MEDIAN: AU$24.79
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
AU$0AU$50KAU$100KAU$150K
Salary
AU$44,412 - AU$125,422  
   
Bonus
AU$974 - AU$10,256  
Commission
AU$0.00 - AU$23,489  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AU$44,578 - AU$110,299  
Country: Australia | Currency: AUD | Updated: 4 May 2017 | Individuals Reporting: 156
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
AU$0AU$25AU$50AU$75
Hourly Rate
AU$20.87 - AU$39.03  
   
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
AU$0AU$50KAU$100KAU$150K
Bonus
AU$974 - AU$10,256  
   
Commission
AU$0.00 - AU$23,489  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AU$44,578 - AU$110,299  
Country: United States | Currency: AUD | Updated: 4 May 2017 | Individuals Reporting: 32

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United States (change)

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Pay by Experience Level for Insurance Broker

Pay by Experience for an Insurance Broker has a positive trend. An entry-level Insurance Broker with less than 5 years of experience can expect to earn an average total compensation of $53,000 based on 68 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 66 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 65 salaries. An Insurance Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $99,000 based on 16 salaries.

Pay Difference by Location

National Average: AU$61,707

Larger city markers indicate a job is popular in that location.

Insurance Broker Reviews

Q: What is it like working as an Insurance Broker?

Insurance Broker in Sydney:
"Fast Paced."
Pros: I like that even though a lot of things are similar, they are very different at the same time and no 2 risks or clients are the same.
Cons:

Related Job Salaries

Key Stats for Insurance Broker

Gender

Female
68 %
Male
32 %
Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
35%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

Late-Career
▲61%

▲16%

▼0%

National Average
AU$62,000

▼14%

Skills That Affect Insurance Broker Salaries

Claim Handling
▲2%

National Average
AU$62,000

▼3%

Customer Service
▼19%

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
35%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 9%
dental benefits
Dental: 2%
vision benefits
Vision: 2%
no benefits
None: 90%
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