An Insurance Broker with Insurance skills earns an average salary of AU$59,630 per year. Experience has a moderate effect on pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this field.

AU$38,592 - AU$92,917
AU$39K
AU$60K
AU$93K
MEDIAN: AU$59,746
10%
50%
90%
AU$21.17 - AU$36.84
AU$21
AU$24
AU$37
MEDIAN: AU$24.14
10%
50%
90%
AU$0AU$92K
Salary AU$38,592 - AU$92,917
Bonus AU$989 - AU$11,836
Commission AU$1,041
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$39,452 - AU$91,956
  • Country: Australia
  • Currency: AUD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 123
Hourly Data AU$0AU$36
Hourly Rate AU$21.17 - AU$36.84
Annual Data AU$0AU$91K
Bonus AU$989 - AU$11,836
Commission AU$1,041
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$39,452 - AU$91,956
  • Country: United States
  • Currency: AUD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 23

Job Description for Insurance Broker

Insurance brokers often work as agents of large insurance companies or independently; in either case, they work directly with clients and must have necessary licenses in their states of employment.

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Insurance Broker Tasks

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

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$51,000 based on 64 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 57 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$68,000 based on 36 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$83,000 based on 14 salaries.

Pay Difference by Location

National Average: AU$58,898

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

Key Stats for Insurance Broker

Gender

Female
70 %
Male
30 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
1%
1-4 years
36%
5-9 years
33%
10-19 years
21%
20 years or more
10%

Experience Affects Insurance Broker Salaries

▲40%

▲16%

▲3%

National Average
AU$59,000

Entry-Level
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
1%
1-4 years
36%
5-9 years
33%
10-19 years
21%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 4%
dental benefits
Dental: 2%
vision benefits
Vision: 3%
no benefits
None: 95%