How much does an Insurance Senior Broker make in North River, NY? The average Insurance Senior Broker salary in North River, NY is $163,410 as of August 27, 2024, but the range typically falls between $133,864 and $207,130. 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. 

Insurance Senior Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Senior Broker Salary $106,964 North River,NY August 27, 2024
25th Percentile Insurance Senior Broker Salary $133,864 North River,NY August 27, 2024
50th Percentile Insurance Senior Broker Salary $163,410 North River,NY August 27, 2024
75th Percentile Insurance Senior Broker Salary $207,130 North River,NY August 27, 2024
90th Percentile Insurance Senior Broker Salary $246,934 North River,NY August 27, 2024
25% $133,864 10% $106,964 90% $246,934 75% $207,130 $163,410 50%(Median) Didn’t find job title? Click
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What skills does an Insurance Senior Broker need?

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.

Flexibility: Adapting, responding to, and dealing with the changing environment and new situations.

2.

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.

3.

Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.

Flexibility 4.47%
Financial Literacy 4.31%
Brokerage 1.28%
Others 89.94%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Insurance Senior Broker higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Communication Skills, you can get a 5% salary raise. If you are good at Written Communication, your salary will increase by 1%. If you are expert in Underwriting, your salary will rise by 0%.
Skill Salary Demand
Communication Skills
$171,581
5%
Written Communication
$165,045
1%
Underwriting
$163,410
0%
Underwriting
$163,410
0%
Underwriting
$163,410
0%
Underwriting
$163,410
0%
Last Updated on August 27, 2024
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Job Description for Insurance Senior Broker

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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Job Openings for Insurance Senior Broker in North River, NY
  • Benefits. Health Insurance. Vision insurance. Dental Insurance. Flexible Schedule. Referral program. Clinical Staffing
    - 9 Days Ago
  • Benefits. Health Insurance. Vision insurance. Dental Insurance. Flexible Schedule. Referral program. Clinical Staffing
    - 9 Days Ago
  • As a Marine Insurance Broker providing solutions to your clients, you leave no stone unturned. You enjoy the complexities of a typical marine insurance ris...
    - 3 Days Ago
  • Sr. Solutions Architect opportunity with one of the most successful Property Casualty companies in the world. Help develop an enterprise-wide digital strat...
    - 4 Days Ago
  • As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the com...
    - 2 Days Ago

Career Path for Insurance Senior Broker

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.

Those that have already made the climb...
Ebrahim Busheri, Director of Investments
Manning & Napier, Inc. is publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The firm manages separate client-focused equity and fixed income portfolios. It invests in the public eq... More
Fiscal Year Ended in 2021
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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.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Insurance Senior Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
133864
207130
163410

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
145748
230680
179408
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Senior Broker in North River, NY. The base salary for Insurance Senior Broker ranges from $133,864 to $207,130 with the average base salary of $163,410. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $145,748 to $230,680 with the average total cash compensation of $179,408.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

133864
207130

 

Step 3 of 3

How much should you be paid?

About North River, New York    North River is a hamlet in the Town of Johnsburg, in Upstate New York, within the Adirondack Mountains. It is located on the upper Hudson River five ....More

North River, New York  area prices were up 1.5% from a year ago    View the Cost of Living in North River, New York

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