How much does an Insurance Broker make in Paramus, NJ? The average Insurance Broker salary in Paramus, NJ is $102,098 as of December 27, 2022, but the range typically falls between $88,259 and $124,764. 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.
About Paramus, New Jersey Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population....More
Paramus, New Jersey area prices were up 1.5% from a year ago View the Cost of Living in Paramus, New Jersey
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 2023 Salary.com)
Take just three simple steps below to generate your own personalized salary report.
Includes base and annual incentives
0 - 2 years experience
2 - 4 years experience
4 - 7 years experience
Salary.com's CompAnalyst platform offers: