Insurance Broker Salary in Delaware

How much does an Insurance Broker make in Delaware? The average Insurance Broker salary in Delaware is $92,012 as of April 26, 2022, but the range typically falls between $79,529 and $112,429. 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 Delaware

About Delaware    Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the ....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 advises 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 2022 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 Bear, DE Avg. Salary $92,004 Date Updated April 26, 2022
Location Bethany Beach, DE Avg. Salary $92,366 Date Updated April 26, 2022
Location Bethel, DE Avg. Salary $90,285 Date Updated April 26, 2022
Location Bridgeville, DE Avg. Salary $92,177 Date Updated April 26, 2022
Location Camden Wyoming, DE Avg. Salary $91,981 Date Updated April 26, 2022
Location Cheswold, DE Avg. Salary $91,904 Date Updated April 26, 2022
Location Claymont, DE Avg. Salary $92,108 Date Updated April 26, 2022
Location Clayton, DE Avg. Salary $91,849 Date Updated April 26, 2022
Location Dagsboro, DE Avg. Salary $92,366 Date Updated April 26, 2022
Location Delaware City, DE Avg. Salary $92,039 Date Updated April 26, 2022

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

Salary for

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