Insurance Broker Salary in New York

How much does an Insurance Broker make in New York? The average Insurance Broker salary in New York is $87,745 as of June 28, 2021, but the range typically falls between $75,845 and $107,218. 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 New York

About New York    New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York cov....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 2021 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 Accord, NY Avg. Salary $90,515 Date Updated June 28, 2021
Location Acra, NY Avg. Salary $85,499 Date Updated June 28, 2021
Location Adams, NY Avg. Salary $82,622 Date Updated June 28, 2021
Location Adams Basin, NY Avg. Salary $82,971 Date Updated June 28, 2021
Location Adams Center, NY Avg. Salary $82,622 Date Updated June 28, 2021
Location Addison, NY Avg. Salary $80,780 Date Updated June 28, 2021
Location Adirondack, NY Avg. Salary $83,538 Date Updated June 28, 2021
Location Afton, NY Avg. Salary $80,949 Date Updated June 28, 2021
Location Akron, NY Avg. Salary $80,551 Date Updated June 28, 2021
Location Albany, NY Avg. Salary $85,247 Date Updated June 28, 2021

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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