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Marine Insurance Broker Salary in Newark, NJ

How much does a Marine Insurance Broker make in Newark, NJ? The salary range for a Marine Insurance Broker job is from $48,656 to $65,260 per year in Newark, NJ. Click on the filter to check out Marine Insurance Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$56,606
Per Year
The average salary for a Marine Insurance Broker is $56,606
per Year in Newark, NJ.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$48,656
$56,606
Medium
$65,260

Highest Paying Cities for Marine Insurance Broker near Newark, NJ

We list eight cities that pay high wages to Marine Insurance Broker near Newark. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Marine Insurance Broker pay level in these cities.

States with Higher Salaries for Marine Insurance Broker

Here are the top five states that pay the highest Marine Insurance Broker salary in the United States. District of Columbia takes first place with the highest Marine Insurance Broker salary is $55,754 per Year. California and New Jersey take the second and third place with $55,253 per Year and $54,903 per Year in the list. A higher average Marine Insurance Broker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Newark, NJ?

The following job titles have similar responsibilities as a Marine Insurance Broker. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Marine Insurance Underwriter
Average salary
United States
$53,864
per Year
Car Insurance Broker
Average salary
United States
$93,959
per Year
Insurance Broker Assistant
Average salary
United States
$82,633
per Year
Insurance Broker Manager
Average salary
United States
$267,536
per Year
Licensed Insurance Broker
Average salary
United States
$67,530
per Year
Aviation Insurance Broker
Average salary
United States
$56,606
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Marine Insurance Broker Do?

Marine insurance brokers are as vital to the shipping industry and ship owners as life insurance brokers are to other common men.

December 20, 2021

Who do they represent? How do they get paid? What are their interests and incentives? More specifically, what type of broker or agent are they and what types of insurance are they licensed to sell? Choosing the right seller may also depend on what risks your business is exposed to.

December 19, 2021

Called ARAG Marine Essentials Legal Expense Insurance, the new product is an affordable and effective extension to a policyholder's usual boat insurance, to be marketed under the new trading style of MILE Insurance (MILE).

December 16, 2021

By the end of the seventeenth century, London's growing importance as a centre for trade was increasing demand for marine insurance.

December 13, 2021

In that case, you’ll need to consider the special lines of insurance that only some brokers or agents can provide.

December 13, 2021

Most Common Benefits for Marine Insurance Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Marine Insurance Broker
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The average salary of a Marine Insurance Broker is $56,606 in Newark, NJ.
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