Insurance Broker Salary

The average salary for an Insurance Broker is £25,567 per year. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on pay for this job.

£17,252 - £48,916

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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.
£17,252 - £48,916  
£0.00 - £10,926  
Profit Sharing
£0.00 - £10,137  
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).
£17,173 - £53,140  
Country: United Kingdom | Currency: GBP | Updated: 19 Sep 2015 | Individuals Reporting: 489
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Insurance Broker Job Listings

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Pay by Experience Level for Insurance Broker

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Insurance Broker Reviews

What is it like working as an Insurance Broker?

Insurance Broker in London:
"Interesting, Challenging, Fun, Sociable."
Pros: It's a fun working environment for a young professional. Regular contact with similarly minded people. Very sociable within Lloyd's market.
Cons: Can be stressful, with occasional long hours in order to meet deadlines.

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Experience Affects Insurance Broker Salaries

up arrow 48%

up arrow 27%

up arrow 6%

National Average

up arrow 10%

Skills That Affect Insurance Broker Salaries

up arrow 3%

National Average

up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 64 votes.


35 %
65 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 51% dental benefits Dental: 7%
vision benefits Vision: 16% employee benefits None: 40%