▼43%
$109,059
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$60k
MEDIAN
$109k
90%
$136k
The average salary for an Insurance Broker is $109,059 in 2025
Base Salary
$60k - $136k
Bonus
$3k - $59k
Total Pay
$74k - $156k
Is Average Insurance Broker with Commercial Skills Salary in New York, New York your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Insurance Brokers?
What Do Insurance Brokers Do?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
100%
Dental
88%
Vision
88%
Gender Breakdown for Insurance Brokers
Female
62.5%
Male
37.5%
This data is based on 8 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Brokers
What is the highest pay for Insurance Brokers in New York?
Our data indicates that the highest pay for an Insurance Broker in New York is $136k / year
What is the lowest pay for Insurance Brokers in New York?
Our data indicates that the lowest pay for an Insurance Broker in New York is $60k / year
How can Insurance Brokers increase their salary?
Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.