The average pay for an Insurance Broker is AU$62,323 per year. Experience has a moderate effect on income for this job. People in this job generally don't have more than 20 years' experience.

AU$42,796 - AU$112,224
AU$43K
AU$62K
AU$110K
MEDIAN: AU$62,323
10%
50%
90%
AU$21.14 - AU$38.23
AU$21
AU$25
AU$38
MEDIAN: AU$24.88
10%
50%
90%
AU$0AU$112K
Salary AU$42,796 - AU$112,224
Bonus AU$1,922 - AU$13,354
Profit Sharing AU$100.00
Commission AU$0.00 - AU$34,905
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).
)
AU$44,380 - AU$105,026
  • Country: Australia
  • Currency: AUD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 163
Hourly Data AU$0AU$38
Hourly Rate AU$21.14 - AU$38.23
Annual Data AU$0AU$105K
Bonus AU$1,922 - AU$13,354
Commission AU$0.00 - AU$34,905
Profit Sharing AU$100.00
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).
)
AU$44,380 - AU$105,026
  • Country: United States
  • Currency: AUD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 28

Common Career Paths for Insurance Broker


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Insurance Broker Job Listings

Pay by Experience Level for Insurance Broker

Pay by Experience for an Insurance Broker has a positive trend. An entry-level Insurance Broker with less than 5 years of experience can expect to earn an average total compensation of AU$54,000 based on 73 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$61,000 based on 67 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$72,000 based on 67 salaries. An Insurance Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$95,000 based on 18 salaries.

Pay Difference by Location

National Average: AU$62,113

Larger city markers indicate a job is popular in that location.

Insurance Broker Reviews

Q: What is it like working as an Insurance Broker?

Insurance Broker in Sunshine Coast:
"INsurance broker."
Pros: Growth potential in my career.
Cons: The salary.

Insurance Broker in Sydney:
"Fast Paced."
Pros: I like that even though a lot of things are similar, they are very different at the same time and no 2 risks or clients are the same.
Cons:

Related Job Salaries

Key Stats for Insurance Broker

Gender

Female
73 %
Male
27 %
Less than 1 year
2%
1-4 years
30%
5-9 years
27%
10-19 years
32%
20 years or more
9%

Experience Affects Insurance Broker Salaries

▲53%

▲15%

National Average
AU$62,000

▼2%

▼14%

Skills That Affect Insurance Broker Salaries

National Average
AU$62,000

▼3%


Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
27%
10-19 years
32%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 9%
dental benefits
Dental: 2%
vision benefits
Vision: 2%
no benefits
None: 90%