The average salary for an Insurance Broker is €26,111 per year. Most people with this job move on to other positions after 20 years in this field. A skill in Insurance is associated with high pay for this job.

€20,259 - €36,606
€20K
€26K
€37K
MEDIAN: €26,111
10%
50%
90%
€0€37K
Salary €20,259 - €36,606
Bonus €391 - €4,894
Profit Sharing €1,000
Commission €0.00 - €7,891
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).
)
€20,378 - €37,287
  • Country: Ireland
  • Currency: EUR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 140

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 €24,000 based on 63 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 €28,000 based on 52 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of €31,000 based on 35 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 €38,000 based on 10 salaries.

Pay Difference by Location

National Average: €26,872

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

Key Stats for Insurance Broker

Gender

Female
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
Less than 1 year
1%
1-4 years
38%
5-9 years
30%
10-19 years
24%
20 years or more
7%

Experience Affects Insurance Broker Salaries

▲43%

▲14%

▲5%

National Average
€27,000

▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
1%
1-4 years
38%
5-9 years
30%
10-19 years
24%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 12%
dental benefits
Dental: 3%
vision benefits
Vision: 1%
no benefits
None: 84%