Insurance Broker Salary

Updated: 27 May 2012
United States » Job » Insurance Broker Overview » Insurance Broker Salary
Find Out Exactly What
YOU Should Be Paid
Get a more precise salary
range for your exact position.
Job Title
Country
State
City
Experience
national salary data
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$31,582 - $120,907  
   
Bonus$257.60 - $19,700  
Profit Sharing$200.00 - $10,174  
Commission$-0.49 - $101,864  
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).
)
$30,667 - $136,242  
PayScale
Country: United States | Currency: USD | Updated: 27 May 2012 | Individuals Reporting: 583
Share |

jobs
Job Listings for Insurance Broker Jobs

jobs by Indeed job search
Search for more jobs:

company salaries
Companies and Industries for Insurance Broker Salaries

Popular Employers

Salary Range

Marsh, Inc.$46,979 - $158,561
Marsh & Mclennan Companies Inc$45,139 - $115,771
AON Corporation$47,166 - $130,000
Willis North America, Inc.$50,868 - $100,000
Risk Placement Services, Inc.Not enough data
Popular Industries

Salary Range

Insurance Brokerage$29,513 - $95,024
Insurance$31,446 - $98,275
Commercial Insurance$34,314 - $110,110
Health Insurance$34,713 - $108,567
Risk Management$29,521 - $98,571

key statistics
Key Statistics for Insurance Broker Salaries and Jobs

Gender
Female
54%
female alumni
 
Male
46%
male alumni
Salary:$39,174 - $64,396 $41,015 - $79,857
Years of Experience
Less than 1 year
4%
1-4 years
35%
5-9 years
23%
10-19 years
23%
20 years or more
15%
Top Degrees

Salary Range

Bachelor's Degree$35,616 - $115,998
Associate's Degree$26,553 - $123,442
Master of Business Administration (MBA)$40,851 - $195,743
Bachelor of Business Administration (BBA)$39,538 - $58,958
Bachelor of Arts (BA), Communications$38,000 - $67,000
Most Common Health Benefits
medical benefits Medical: 77% dental benefits Dental: 63%
vision benefits Vision: 46% employee benefits None: 20%

alumni reports
Special Reports

College ROI Rankings
College Tuition ROI: Will Your Education Pay Off?
Is a college education worth the investment? PayScale has done the research to find out. Compare college costs and ROI.
More Special Reports
» Which jobs, cities and industries are seeing wages recover post-recession? Track the latest compensation trends with The PayScale Index Q1 2012 results.
» Should you ask for a raise? [infographic]
» Are you a tech rock star? Here's where to find the best startup IT jobs.

career path
Career Path for Insurance Broker Jobs

Common Past Jobs
Common Future Jobs

Insurance Broker

Salary Range

$30,667 - $136,242
payscale
Customer Service Representative (CSR)
$19,425 - $41,688
Insurance Sales Agent
$21,890 - $75,113
Account Executive
$30,751 - $95,398
 
Common Future Jobs

Insurance Broker

Salary Range

$30,667 - $136,242
payscale
Senior Underwriter
$48,564 - $100,039
 

career path
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

sample job description
Insurance Broker Job Description

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

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.

See Sample Job Descriptions for All Jobs

average job salaries
More Charts for Insurance Broker Jobs

Subscribe to Our Newsletter
Salary and career advice to put you a step ahead.

Follow Us On:
follow us on twitter  linkedin  
PayScale Research Center