As of August 01, 2026, the average salary for a Junior Broker in Fair Lawn, NJ is $68,848 per year, which breaks down to an hourly rate of $33.
However, a Junior Broker's salary can vary significantly. Here’s a look at the typical salary range:
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A Junior Broker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 8.62% |
| Sales Lead | 2.96% |
| Client Relationship | 1.19% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Customer Care
|
$95,699 |
39%
|
|
Sales Process
|
$93,634 |
36%
|
|
Underwriting
|
$89,503 |
30%
|
|
Insurance Industry
|
$80,553 |
17%
|
|
Insurance Products
|
$80,553 |
17%
|
|
Risk Management
|
$79,176 |
15%
|
For Junior Broker roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 40% above the average. In contrast, Junior Broker positions in Insurance or Business Services typically offer lower base pay, as these industries often view Junior Broker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $96,388 | $46.0 | 40% |
| Healthcare | $79,176 | $38.0 | 15% |
Understanding how a Junior Broker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Junior Broker job openings on our job board. Use the search bar below to find your perfect match.
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