Insurance Broker in New York Salary

Insurance Brokers in New York can expect to earn an average of $68K per year. Career duration and the company each impact pay for this group, with the former having the largest influence. Health benefits are not claimed by all — close to a fifth lack any form of coverage — but a fair number have medical insurance, and a majority have dental, too. Most Insurance Brokers in New York, N.Y. report high levels of job satisfaction. Male New York Insurance Brokers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$45,682 - $143,307
$46K
$68K
$140K
MEDIAN: $67,808
10%
50%
90%

Add this chart to your site: 640px    300px

$0$161K
Salary $45,682 - $143,307
Bonus $961 - $23,700
Profit Sharing $655
Commission $0.00 - $49,316
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).
)
$43,916 - $161,172
  • Country: United States
  • Currency: USD
  • Updated: 13 Sep 2017
  • Individuals Reporting: 86

Find Out Exactly What You Should Be Paid

United States (change)

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

Popular Employer Salaries for Insurance Broker


The biggest paychecks can be found at AON Corporation — the median salary there is $98K.

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 $60,000 based on 36 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 $93,000 based on 15 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $112,000 based on 22 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 $150,000 based on 15 salaries.

Key Stats for Insurance Broker

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.
Less than 1 year
1%
1-4 years
39%
5-9 years
13%
10-19 years
29%
20 years or more
17%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

▲111%

▲58%

Mid-Career
▲31%

National Average
$71,000

▼15%

Skills That Affect Insurance Broker Salaries

Commercial
▲15%

▲11%

Account Sales
▲11%


Account Management
▲9%


National Average
$71,000

Sales
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
1%
1-4 years
39%
5-9 years
13%
10-19 years
29%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 67%
vision benefits
Vision: 53%
no benefits
None: 21%
ADVERTISEMENT