Insurance Broker Salary (United Kingdom)

An Insurance Broker earns an average salary of £25,067 per year. Most people move on to other jobs if they have more than 20 years' experience in this field.
Insurance Broker Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£16,891 - £51,458
(Median)
17K
25K
35K
51K
MEDIAN: £25,066
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£0£20K£40K£60K
Salary
£16,891 - £51,458  
   
Bonus
£78.30 - £10,416  
Profit Sharing
£225.00 - £3,000  
Commission
£0.00 - £12,080  
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).
)
£17,066 - £57,267  
PayScale
Country: United Kingdom | Currency: GBP | Updated: 5 Aug 2014 | Individuals Reporting: 433
Is Insurance Broker your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Common Career Paths for Insurance Broker

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:

Insurance Broker Job Listings

Search for more jobs:
job title / company
location

Popular Employer Salaries for Insurance Broker

Pay by Experience Level for Insurance Broker

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

Pay Difference By Location

up arrow 36%
National Average
₤26,000
Norwich
up arrow 5%
Birmingham
up arrow 13%
Larger circles over a city indicate a job is popular in that 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.

Related Job Salaries

Experience Affects Insurance Broker Salaries

Experienced
up arrow 44%
Late-Career
up arrow 42%
Mid-Career
up arrow 18%
National Average
₤26,000
Entry-Level
up arrow 11%

Skills That Affect Insurance Broker Salaries

National Average
₤26,000
Sales
up arrow 7%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 49 votes.

Gender

Female
29%
female alumni
 
Male
71%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
46%
5-9 years
24%
10-19 years
16%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 54% dental benefits Dental: 9%
vision benefits Vision: 18% employee benefits None: 36%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -