Average Insurance Broker with Account Management Skills Salary

$83,921
Avg. Base Salary (USD)
10%
$50k
MEDIAN
$84k
90%
$154k

The average salary for an Insurance Broker is $83,921 in 2024

Base Salary
$50k - $154k
Bonus
$1k - $26k
Profit Sharing
$0 - $4k
Commission
$126 - $20k
Total Pay
$43k - $165k
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FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers?

Our data indicates that the highest pay for an Insurance Broker is $154k / year

What is the lowest pay for Insurance Brokers?

Our data indicates that the lowest pay for an Insurance Broker is $50k / year

How can Insurance Brokers increase their salary?

Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.