The average salary for an Insurance Broker is NZ$55,458 per year. For the first five to ten years in this position, salary increases sharply, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience.

NZ$43,519 - NZ$81,200
NZ$44K
NZ$55K
NZ$81K
MEDIAN: NZ$55,458
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.
)
NZ$0NZ$30KNZ$60KNZ$90K
Salary
NZ$43,519 - NZ$81,200  
   
Bonus
NZ$1,192 - NZ$10,067  
Profit Sharing
NZ$1,650  
Commission
NZ$0.00 - NZ$9,863  
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).
)
NZ$44,189 - NZ$89,615  
Country: New Zealand | Currency: NZD | Updated: 25 Mar 2017 | Individuals Reporting: 74

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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 $52,000 based on 42 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 $64,000 based on 31 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 12 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 $64,000 based on 8 salaries.

Pay Difference by Location

National Average: NZ$57,863

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

Key Stats for Insurance Broker

Gender

Female
58 %
Male
43 %
Less than 1 year
7%
1-4 years
36%
5-9 years
36%
10-19 years
12%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

Mid-Career
▲11%

Late-Career
▲11%

Experienced
▲10%

National Average
NZ$58,000

▼11%

Gender

Female
58 %
Male
43 %

Years of Experience

Less than 1 year
7%
1-4 years
36%
5-9 years
36%
10-19 years
12%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 51%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 49%