Insurance Broker

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October 30, 2016

Jobs

Insurance Broker Job Description

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

Insurance Broker Salary Statistics as of 2015

Average annual salary for a Insurance Broker is $54945 based on statistics in the U.S. as of 2015. The highest salary recorded was $140392. The lowest salary reported was $29897. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Insurance Broker is $12.38 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $14.59. The lowest hourly rate recorded was $10.17. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Insurance Broker are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $5112 from people with 15+ years of experience. The average bonus recorded was $1000 from people with under 1 year of experience.

These are the highest paying states for a Insurance Broker. These numbers are based of the median annual salary as of 2015.
California – $36,365 – $167,256
Florida – $29,679 – $112,441
Georgia – $39,211 – $161,134
Illinois – $30,378 – $83,786
New Jersey – $28,597 – $129,750
New York – $35,092 – $135,888
Texas – $27,881 – $127,233

These are the highest paying cities for a Insurance Broker. These numbers are based of the median annual salary as of 2015.
New York, New York –
Chicago, Illinois –
Atlanta, Georgia –
Los Angeles, California –
Dallas, Texas –
San Francisco, California –
Boston, Massachusetts –

This chart outlines the average annual salary of a Insurance Broker from the past 5 years. In 2015 the average annual salary was $54945 while in 2007 it was just $50955.03

Job Outlook

Gender Statistics

Related Jobs

42%

58%

Based on our stats gathered across the U.S. 42% of Insurance Brokers were males while 58% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Customer Service Representative (CSR)
$19,508 – $41,568
Insurance Sales Agent
$21,955 – $75,160
Account Executive
$30,859 – $93,106

Future Jobs

Senior Underwriter
$48,773 – $99,038


Insurance Broker Jobs

 

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