Associate Broker Salary at Risk Transfer Partners BETA

How much does a Risk Transfer Partners Associate Broker make?

As of March 2025, the average annual salary for an Associate Broker at Risk Transfer Partners is $52,001, which translates to approximately $25 per hour. Salaries for Associate Broker at Risk Transfer Partners typically range from $44,686 to $58,785, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Risk Transfer Partners Overview

Website:
risktransferpartners.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Insurance

Risk Transfer Partners is a wholesale Casualty broker specializing in placement of a wide range of business within the Energy, Construction, Environmental, & Manufacturing Industries. Our extensive experience within these specific classes of business allows us to easily navigate a complex marketplace to customize liability coverages that not only cover an insured's liability exposures but also satisfy their contractual obligations. Our brokers combine industry knowledge, underwriting expertise, superior customer service, and in depth understanding of coverage forms and how they relate to an insured's contracts to provide brokerage services that are technically superior.

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What Skills Does a person Need at Risk Transfer Partners?

At Risk Transfer Partners, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  3. Sales Development: Devising and strategizing new sales operations and processes to drive higher profitability.
  4. Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.
  5. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

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Check more jobs information at Risk Transfer Partners

Job Title Average Risk Transfer Partners Salary Hourly Rate
2 Account Manager $67,288 $32
3 Broker $76,925 $37
4 Associate Vice President $307,862 $148
5 Insurance Broker $76,925 $37

Hourly Pay at Risk Transfer Partners

The average hourly pay at Risk Transfer Partners for an Associate Broker is $25 per hour. The location, department, and job description all have an impact on the typical compensation for Risk Transfer Partners positions. The pay range and total remuneration for the job title are shown in the table below. Risk Transfer Partners may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $52,001 look to you?

FAQ about Salary and Jobs at Risk Transfer Partners

1. How much does Risk Transfer Partners pay per hour?
The average hourly pay is $25. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Risk Transfer Partners?
According to the data, the highest approximate salary is about $58,785 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Risk Transfer Partners?
According to the data, the lowest estimated salary is about $44,686 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.