As of April 01, 2025, the average annual salary for an Insurance Senior Broker in Irvington, NJ is $167,705. Salary.com reports that pay typically ranges from $145,753 to $196,256, with most professionals earning between $125,768 and $222,251.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $196,256 | $16,355 | $3,774 | $94 |
| Average | $167,705 | $13,975 | $3,225 | $81 |
| 25th Percentile | $145,753 | $12,146 | $2,803 | $70 |
An entry-level Insurance Senior Broker with under 1 year experience makes about $157,876. With less than 2 years of experience, a mid-level Insurance Senior Broker makes around $159,514. After 2-4 years, the Insurance Senior Broker pay rises to about $162,791. Those senior Insurance Senior Broker with 5-8 years of experience earn roughly $172,819, and those Insurance Senior Broker having 8 years or more experience are expected to earn about $182,620 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Senior Broker | $157,876 |
| Intermediate Level Insurance Senior Broker | $159,514 |
| Senior Level Insurance Senior Broker | $162,791 |
| Specialist Level Insurance Senior Broker | $172,819 |
| Expert Level Insurance Senior Broker | $182,620 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 10% |
| Top Level | 17% |
| Experienced | 23% |
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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.
Flexibility: Adapting, responding to, and dealing with the changing environment and new situations.
Financial Literacy: Financial literacy is the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust.
Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.
| Skill | Salary | Demand |
|---|---|---|
|
Legal Compliance
|
$226,402 |
35%
|
|
Coaching
|
$206,277 |
23%
|
|
Goal Oriented
|
$191,184 |
14%
|
|
Cold Calling
|
$189,507 |
13%
|
|
Negotiating
|
$187,830 |
12%
|
|
Cold Call
|
$182,798 |
9%
|
