What does an Insurance Broker do?

Insurance sales agents sell a variety of insurance products and services. They respond to inquiries, provide rate estimates, and explain policy types and coverage information. They write policies and assist customers in signing up for coverage, ensuring customers select policies that will meet their needs. They offer advice and guidance, and suggest packages that combine multiple insurance types for maximum savings and comprehensive coverage. Agents also provide ongoing support and guidance for existing customers and may assist with the filing of claims.

Insurance sales agents often have a bachelor’s degree in a business field and commonly have a background in insurance or sales roles. These roles also usually involve licensing requirements. In-depth knowledge of insurance basics and regulations is helpful. Strong sales capabilities and good communication skills are also an asset.

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Education--
Work/Life Balance
3.4 ★
Salary Range--
Career Opportunity
3.4 ★
Avg. Experience8+ years

Insurance Broker Salaries

Average Base Pay

$49,362 /yr
Same as national average
Not including cash compensation
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$35K
Median: $49K
$69K
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Glassdoor Estimated Salary

Insurance Broker Career Path

Learn how to become an Insurance Broker, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Insurance Broker Insights

Read what Insurance Broker professionals have to say about their job experiences and view top companies for this career.
EpiQ Insurance AgencyEpiQ Insurance Agency
Insurance Sales
Sep. 3, 2019

“existent and last minute morning training sessions are called to review the same information multiple times per week.”

Bankers LifeBankers Life
Insurance Agent
Oct. 1, 2021

“This head manager was so rude and condescending I packed my stuff up and left.”

SureCoSureCo
Life and Health Insurance Agent
Jun. 30, 2021

“Excellent pay for top performers and a company that really trains you to do well.”

Bankers LifeBankers Life
Licensed Insurance Agent
May 12, 2021

“This is an amazing opportunity to be compensated based on your work ethic and commitment.”

TZ Insurance Solutions
Licensed Insurance Agent
Jun. 25, 2021

“You just need to bring a positive attitude and a good work ethic to succeed.”

Family First LifeFamily First Life
Insurance Agent
Jun. 17, 2021

“This is definitely the right decision for me and I look forward to building a great legacy here with FFL.”

TZ Insurance Solutions
Licensed Insurance Agent
Jun. 25, 2021

“TZ insurance is the best company to work for and I have been recruited by them all.”

PHP AgencyPHP Agency
Insurance Agent
Apr. 23, 2020

“You get to start in a great industry and in sales but its Low commission as a starter.”

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Insurance Broker Interviews

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Insurance Broker jobs