As of March 01, 2025, the average annual salary for an Insurance Broker Executive in Illinois is $270,386. Salary.com reports that pay typically ranges from $223,381 to $331,562, with most professionals earning between $180,584 and $387,259.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $324,107 | $27,009 | $6,233 | $156 |
| Average | $264,307 | $22,026 | $5,083 | $127 |
| 25th Percentile | $218,358 | $18,197 | $4,199 | $105 |
An entry-level Insurance Broker Executive with under 1 year experience makes about $249,814. With less than 2 years of experience, a mid-level Insurance Broker Executive makes around $251,893. After 2-4 years, the Insurance Broker Executive pay rises to about $256,745. Those senior Insurance Broker Executive with 5-8 years of experience earn roughly $262,289, and those Insurance Broker Executive having 8 years or more experience are expected to earn about $268,946 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Broker Executive | $249,814 |
| Intermediate Level Insurance Broker Executive | $251,893 |
| Senior Level Insurance Broker Executive | $256,745 |
| Specialist Level Insurance Broker Executive | $262,289 |
| Expert Level Insurance Broker Executive | $268,946 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 2% |
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Insurance Broker Executive salary varies from city to city. Compared with national average salary of Insurance Broker Executive, the highest Insurance Broker Executive salary is in San Francisco, CA, where the Insurance Broker Executive salary is 25.0% above. The lowest Insurance Broker Executive salary is in Miami, FL, where the Insurance Broker Executive salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $330,384 |
25.0%
|
| Washington, DC | $294,174 |
11.3%
|
| Miami, FL | $255,056 |
|
| Chicago, IL | $277,258 |
4.9%
|
| Boston, MA | $296,288 |
12.1%
|
| New York, NY | $308,711 |
16.8%
|
