Life Insurance Broker Salary

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Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. We’ve identified six states where the typical salary for a life insurance agent job is above the national average.


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Learn about salaries, benefits, salary satisfaction and where you could earn the most.

Life insurance broker salary. The average salary for a insurance broker is $63,604 per year in california. Salary estimates are based on 52 salaries submitted anonymously to indeed by insurance broker employees, users, and collected from past and present job posts on indeed in the past 36 months. On the other end, a senior level insurance broker (8+ years of experience) earns an average salary of $115,700.

The average salary for a life insurance broker is $36,973. In nevada, the numbers were $14.13, $26.24, and $7.14 pmpm, respectively. Salary estimates are based on 12,006 salaries submitted anonymously to glassdoor by life insurance broker employees.

We’re a life insurance broker that helps you cast a wider net. Insurance broker, interviewer, security officer and more on indeed.com Keep in mind that this specifies a sales agent, and includes data from all insurance, not only life insurance.

Life insurance sales can add up to passive income, as once you sell a policy, you continue to earn a commission on it, providing the owner of the policy pays his or her monthly premiums. Filter by location to see insurance broker salaries in your area. A life insurance broker is a product specialist whose job it is to help you identify and purchase a life insurance policy suitable for your needs.

Just in case you need a simple salary calculator, that works out to be approximately $41.27 an hour. For life insurance agents, this means earning a median annual wage that's well above the national average. The national average salary for a life insurance agent is $48,791 in united states.

Indeed may be compensated by these employers, helping keep indeed free for jobseekers. How much does a car insurance broker make in california? Displayed here are job ads that match your query.

According to payscale, as of jan. Vermont beats the national average by 3.3%, and new york furthers that trend with another $10,141 (12.7%) above the $79,730. Unlike captive agents, who are associated with specific providers or with specific insurance products, insurance brokers sell and manage insurance.

We will never sell your info. Filter by location to see life insurance broker salaries in your area. The national average salary for a life insurance broker is $44,255 in united states.

That's more than $10,000 over the national average wage as reported by bls. How much does an insurance agent make in ohio? The national average salary for a insurance broker is $47,106 in canada.

Filter by location to see life insurance agent salaries in your area. Indeed ranks job ads based on a combination of employer bids and relevance, such as your search terms and other activity on indeed. Search 1,164 life insurance broker jobs now available on indeed.com, the world's largest job site.

In the kaiser family foundation compensation analysis cited above, california brokers earned more than the national average — $15.15 pmpm in the individual marketplace, $33.85 pmpm for small groups, and $15.89 pmpm for larger groups. Salary estimates are based on 172 salaries submitted anonymously to glassdoor by insurance broker employees. Salary estimates based on salary survey data collected directly from employers and anonymous employees in united states.

52 salaries reported, updated at sep 14, 2020. You’ll only be working with us and the life insurance company you choose. The typical tenure for an insurance broker is less than 1 year.

As of dec 14, 2020, the average annual pay for a life insurance broker in the united states is $85,833 a year. Life insurance brokers generally have a thorough knowledge of the life insurance market and the products available, which may help you make a more informed decision if you do take out a life insurance policy. Visit payscale to research life insurance broker salaries by city, experience, skill, employer and more.

However, this amount will often rise as an insurance broker gathers. How much does a life insurance broker make? This is the equivalent of $1,651/week or $7,153/month.

Life insurance broker jobs now available. Salaries for related job titles. The average insurance agent salary in ohio is $50,469 as of february 26, 2021, but the range typically falls between $46,093 and $56,931.

The average car insurance broker salary in california is $67,248 as of february 26, 2021, but the range typically falls between $61,417 and $75,859. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Topping the list is new york, with new hampshire and vermont close behind in second and third.

How much does a life insurance agent make? According to the bureau of labor statistics, the median pay for an insurance sales agent is $50,560 per year or $24.33 per hour as of the latest data from 2018.


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