Insurance Broker Trainee Salary in the United States

How much does an Insurance Broker Trainee make hourly in the United States? The average hourly wage for an Insurance Broker Trainee in the United States is $33 as of May 25, 2023, but the range typically falls between $30 and $37. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Participates in career training program to learn insurance brokerage and placement. Assists with account servicing and renewals of existing insurance business. Supports brokers in the marketing of customer business to different insurance carriers to obtain quotes. Collects, prepares, and processes data required to maintain and service accounts. Requires a bachelor's degree. Typically reports to a supervisor or manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. (Copyright 2023 Salary.com)

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Average Hourly Wage

Core compensation

 
 
 
30
37
33

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
31
37
34
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Insurance Broker Trainee in the United States. The average hourly rate for Insurance Broker Trainee ranges from $30 to $37 with the average hourly pay of $33. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $31 to $37 with the average total hourly cash compensation of $34.
Similar Job Titles:
Broker Relations Representative, Insurance Agent, Insurance Broker, Insurance Broker Executive, Insurance Managing Broker
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30
37

 

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Career Path for this job

  1. This Job:

    Insurance Broker Trainee

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Broker

    2 - 4 years experience
    Bachelor's Degree

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