Insurance Broker with Commercial Skills Salary

An Insurance Broker with Commercial skills earns an average salary of $61,093 per year. Experience has a moderate effect on income for this job.

$35,883 - $99,725
$36K
$62K
$100K
MEDIAN: $62,315
10%
50%
90%

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$12.00 - $20.95
$15
MEDIAN: $15.26
50%

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$0$113K
Salary $35,883 - $99,725
Bonus $518 - $29,409
Profit Sharing $3,500
Commission $0.00 - $80,537
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).
)
$31,706 - $113,346
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 116
Hourly Data $0$22
Hourly Rate $15.26
Overtime $22.00
Annual Data $0$113K
Bonus $518 - $29,409
Commission $0.00 - $80,537
Profit Sharing $3,500
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).
)
$31,706 - $113,346
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 9

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 $58,000 based on 42 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 $65,000 based on 38 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $76,000 based on 31 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 $90,000 based on 26 salaries.

Key Stats for Insurance Broker

Gender

Female
46 %
Male
54 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
Less than 1 year
1%
1-4 years
27%
5-9 years
29%
10-19 years
26%
20 years or more
18%

Experience Affects Insurance Broker Salaries

Late-Career
▲41%

Experienced
▲18%

Mid-Career
▲2%

National Average
$64,000

Entry-Level
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
1%
1-4 years
27%
5-9 years
29%
10-19 years
26%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 62%
vision benefits
Vision: 52%
no benefits
None: 27%