How much does an Insurance Senior Broker make in New York, NY? The average Insurance Senior Broker salary in New York, NY is $189,104 as of March 26, 2024, but the range typically falls between $154,908 and $239,695. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Senior Broker Salary | $123,775 | New York,NY | March 26, 2024 |
25th Percentile Insurance Senior Broker Salary | $154,908 | New York,NY | March 26, 2024 |
50th Percentile Insurance Senior Broker Salary | $189,104 | New York,NY | March 26, 2024 |
75th Percentile Insurance Senior Broker Salary | $239,695 | New York,NY | March 26, 2024 |
90th Percentile Insurance Senior Broker Salary | $285,755 | New York,NY | March 26, 2024 |
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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.
Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.
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.
Insurance Senior Broker 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. Being an Insurance Senior Broker develops recommendations to advise 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. Additionally, Insurance Senior Broker 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. The Insurance Senior Broker work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Insurance Senior Broker typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Insurance Senior Broker, the upper level is Insurance Managing Broker and then progresses to Insurance Broker Executive.
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Insurance Senior Broker salary varies from city to city. Compared with national average salary of Insurance Senior Broker, the highest Insurance Senior Broker salary is in San Francisco, CA, where the Insurance Senior Broker salary is 25.0% above. The lowest Insurance Senior Broker salary is in Miami, FL, where the Insurance Senior Broker salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Broker Relations Representative | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Agent | Experience | Education | Salary Compared to This Job |
Job Title Insurance Broker | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Broker Executive | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Broker Trainee | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Insurance Senior Broker salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Insurance Senior Broker salary varies from category to category. Click below to see Insurance Senior Broker salary in different categories.
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About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More
New York, New York area prices were up 1.6% from a year ago View the Cost of Living in New York, New York
Insurance Senior Broker Salary in popular cities: Buffalo, Rochester, Yonkers
Skills associated with Insurance Senior Broker: Requirements Analysis, Partner Relationship Management, Insurance Products, Insurance Agency Management Software ...More
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Salary estimation for Insurance Senior Broker at companies like : Unions, Kenvic Healthcare PLC, PDA National