Insurance Broker Trainee Salary in the United States

How much does an Insurance Broker Trainee make in the United States? The average Insurance Broker Trainee salary in the United States is $69,276 as of May 25, 2023, but the range typically falls between $62,706 and $75,943. Salary ranges 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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Understand the total compensation opportunity for a Insurance Broker Trainee, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
62706
75943
69276

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63469
77009
70019
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Broker Trainee in the United States. The base salary for Insurance Broker Trainee ranges from $62,706 to $75,943 with the average base salary of $69,276. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,469 to $77,009 with the average total cash compensation of $70,019.
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62706
75943

 

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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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Job Openings for Insurance Broker Trainee