Insurance Broker Salary in District of Columbia

How much does an Insurance Broker make in District of Columbia? The average Insurance Broker salary in District of Columbia is $90,120 as of January 20, 2020, but the range typically falls between $77,891 and $110,111. 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. View the Cost of Living in District of Columbia

About District of Columbia    Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More

Job Description

Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2 -4 years of related experience. (Copyright 2020 Salary.com)

Select a city to view specific salary and bonus information for Insurance Broker

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $90,120 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $90,120 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $90,120 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $90,120 Date Updated January 20, 2020

Career Path for this job

  1. Down a level:

    Insurance Broker Trainee

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Broker

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Senior Broker

    4 - 7 years experience
    Bachelor's Degree

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