Salary for Insurance Broker Jobs

Updated: 4 Feb 2012

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National Salary Data

	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	$50K	$100K	$150K
Salary	$30,466 - $120,763
Bonus	$506 - $20,151
Profit Sharing	$204.26 - $10,161
Commission	$1,100 - $116,790
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). )	$29,903 - $138,028
Country: United States \| Currency: USD \| Updated: 4 Feb 2012 \| Individuals Reporting: 666

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Job Listings for Insurance Broker Jobs

Posted	Job Title	Company	Job Location
Jan 12	Commercial Property and Casualty Insurance Sales Producer (middle market P&C insurance agent/broker)	Wells Fargo Insurance Services	Elkhart, Indiana
	Insurance Services USA, Inc., Wells Fargo Insurance, Inc., Wachovia Insurance Services, and Rural Community Insurance Services. With Wells Fargo Insurance... Indeed
Jan 20	Group Insurance Producer / Broker	Cobb Benefits Group LLC	Richardson, Texas
	Insurance Producer / Broker Profession: Insurance... for a Carrier or Brokers office Life Insurance Sales Desired Attributes Profession: Insurance -> Agent... Indeed
Jan 13	Insurance Broker	Denver Health	Denver, Colorado
	POSITION SUMMARY: Denver Health has an immediate opening for a sales representative for their Medicare HMO product, offering both Parts C and D benefits. The... Indeed
Jan 24	Insurance Sales-Agency/Broker - Exclusive Insurance Agent	The Horace Mann Companies	Point Pleasant, New Jersey
	Exclusive Insurance Agent Business Opportunity Horace Mann is the largest multiline insurance company focusing on the personal insurance and retirement planning... Indeed

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Companies and Industries for Insurance Broker Jobs

Popular Employers

Salary Range


Marsh, Inc.	$47,399 - $156,701
Marsh & Mclennan Companies Inc	$42,692 - $107,841
AON Corporation	$41,025 - $121,550
Willis North America, Inc.	$50,421 - $127,338
Arthur J. Gallagher Risk Management Services, Inc.	$48,500 - $75,000

See more employers

Popular Industries

Salary Range


Insurance Brokerage	$27,941 - $102,397
Insurance	$29,730 - $106,237
Commercial Insurance	$32,715 - $122,288
Health Insurance	$32,460 - $116,791
Risk Management	$28,374 - $110,445

Key Statistics for Insurance Broker Jobs

Gender

	Female 53%			Male 47%
Salary:	$38,314 - $63,766			$40,060 - $80,162

Years of Experience

Less than 1 year

1-4 years

34%

5-9 years

26%

10-19 years

23%

20 years or more

13%

Top Degrees

Salary Range


Bachelor's Degree	$34,615 - $109,594
Associate's Degree	$26,791 - $121,198
Master of Business Administration (MBA)	$40,851 - $195,743
Bachelor of Arts (BA), Communications	$26,174 - $99,329
Bachelor of Arts (BA), Economics	$46,183 - $148,994

See more degrees

Most Common Health Benefits

	Medical: 77%		Dental: 63%
	Vision: 44%		None: 21%

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Career Path for Insurance Broker Jobs

Common Past Jobs

Common Future Jobs

Insurance Broker

Salary Range

$29,903 - $138,028

	Customer Service Representative (CSR) $19,284 - $42,572
	Insurance Sales Agent $21,882 - $81,195
	Account Executive $31,159 - $116,545

Common Past Jobs

Common Future Jobs

Insurance Broker

Salary Range

$29,903 - $138,028

Senior Underwriter
$48,423 - $109,331

Use GigZig to view more salary ranges for common past and future jobs

Salary Map for Insurance Broker Jobs

Highest Salaries By City for Insurance Broker Jobs

Top Cities by Popularity for Insurance Broker Jobs

Highest Salaries By City

Top Cities by Popularity

Insurance Broker Job Description

People with the job title Insurance Broker typically fall into one of the following PayScale standard occupations.

Insurance Sales Agents

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as independent broker, or be employed by an insurance company.