Insurance Brokers in New York take home an average $67K per year. Career length and the company each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. For the most part, Insurance Brokers in New York, N.Y. enjoy their work and report high levels of job satisfaction. Men make up the majority of New York Insurance Brokers (67 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$44,708 - $146,983
$45K
$67K
$150K
MEDIAN: $67,435
10%
50%
90%

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Local 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.
)
$0$60K$120K$180K
Salary
$44,708 - $146,983  
   
Bonus
$1,014 - $30,201  
Profit Sharing
$25,000  
Commission
$6,500  
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).
)
$39,591 - $169,582  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 73

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United States (change)

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About New York, New York

Kings County, New York
8,550,405
Male:
4,081,698 (47.7%)
Female:
4,468,707 (52.3%)
The City of New York, often called New York City or simply New York, is the most populous city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, one of the most populous urban agglomerations in the world. With a U.S. Census Bureau-estimated 2015 population of 8,550,405 distributed over a land area of just 305 square miles (790 km2), New York is also the most densely populated major city in the United States. A global power city, New York City exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has been described as the cultural and financial capital of the world. Situated...
New York, NY:
$55,752
New York:
$60,850
$1,317
New York, NY:
$538,300
New York:
$293,500
4.7%

Insurance Broker Job Listings

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Popular Employer Salaries for Insurance Broker


Those at AON Corporation can expect to make the most, with the company offering a median salary of $98K.

Pay by Experience Level for Insurance Broker

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


Experience is an important factor influencing the compensation of Insurance Brokers in New York. Although individuals who have less than five years' experience earn $60K on average, people with five to 10 years benefit from a notably larger average of $93K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $114K. Seasoned veterans with 20 years under their belts enjoy a median income of $155K.

Key Stats for Insurance Broker

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
038
Less than 1 year
3%
1-4 years
38%
5-9 years
16%
10-19 years
26%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

Late-Career
up arrow 119%


Mid-Career
up arrow 31%

National Average
$71,000


Skills That Affect Insurance Broker Salaries

Commercial
up arrow 23%

Account Management
up arrow 22%

Account Sales
up arrow 22%

up arrow 21%

Customer Relationship Management (CRM)
up arrow 16%

Customer Service
up arrow 5%

National Average
$71,000

Sales
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
3%
1-4 years
38%
5-9 years
16%
10-19 years
26%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 71%
vision benefits
Vision: 56%
dental benefits
None: 15%
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