Insurance Broker Salary Degree

Some people might have a completely unrelated bachelor s degree and work for an insurance company for several years in another capacity before they decide to become.

Insurance broker salary degree. Number of jobs 504 100. Insurance broker salary guide salary education training 2020 harpreet parmar june 18 2018 july 18 2020 categories business salary. The average insurance broker salary in the united states is 82 239 as of june 28 2020 but the range typically falls between 71 080 and 100 489. Median salary 49 910 typical hours 40 45hr weekdays.

At junior or trainee broker level you can earn around 16 000 to 22 000. Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your profession. You do not have to complete a bachelor s degree in an insurance friendly field to become an insurance broker. Salaries for insurance broker with an associate s degree according to our 100 employer reported salary sources the median salary for an insurance broker with an associate s degree is 77 094 83 984.

An early career insurance broker with 1 4 years of experience earns an average total compensation includes tips bonus and overtime pay of 68 784 based on 6 salaries. In fact plenty of people take non traditional routes to become a broker. Generally a bachelor s degree is required as a minimum for someone to become an insurance underwriter preferably with a major in accounting or finance. Insurance broker salary stats.

Furthermore they may also have to obtain further field or company specific training and certification. According to our data 0 of insurance broker executive have a bachelors degree. While it is highly recommended as a way to speed up the process and to earn more money you do not have to follow the path of least resistance. Education degree certification.

If you re on a graduate training scheme however your salary can be around 22 000 to 28 000.