Insurance Broker Salary Degree

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.

Insurance broker salary degree. At junior or trainee broker level you can earn around 16 000 to 22 000. Median salary 49 910 typical hours 40 45hr weekdays. Insurance broker salary stats. Unemployment rate 4.

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. Number of jobs 504 100. For example graduates on the two year lloyd s graduate programme start on 27 000 with a salary increase of 1 000 every six months of the programme. According to our data 0 of insurance broker executive have a bachelors degree.

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. You do not have to complete a bachelor s degree in an insurance friendly field to become an insurance broker. Average salary for insurance broker is 49 710. If you re on a graduate training scheme however your salary can be around 22 000 to 28 000.

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. 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. 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. Insurance broker salary guide salary education training 2020 harpreet parmar june 18 2018 july 18 2020 categories business salary.

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.