As of October 01, 2026, the average salary for a Broker Development Manager in the United States is $217,835 per year, which breaks down to an hourly rate of $105.
However, a Broker Development Manager's salary can vary significantly. Here’s a look at the typical salary range:
Broker Development Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $242,029 | $20,169 | $4,654 | $116 |
| Average | $217,835 | $18,153 | $4,189 | $105 |
| 25th Percentile | $179,766 | $14,981 | $3,457 | $86 |
A Broker Development Manager'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Broker Development Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Insurance... Level Broker Development Manager | $75,836 |
| Insurance... Level Broker Development Manager | $84,216 |
| Insurance... Level Broker Development Manager | $149,028 |
| Insurance... Level Broker Development Manager | $201,723 |
| Broker De... Level Broker Development Manager | $220,479 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 5.44% |
| Cold Calling | 3.02% |
| Insurance Industry | 2.02% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Broker Development Manager's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Cold Call | $263,580 | |
| Integrity | $261,402 | |
| Flexibility | $259,224 |
Understanding how a Broker Development Manager'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $242,029 | $20,169 | $4,654 | $116 |
| Average | $217,835 | $18,153 | $4,189 | $105 |
| 25th Percentile | $179,766 | $14,981 | $3,457 | $86 |
Salaries for a Broker Development Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $148,797 in 2023 to around $143,873 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Broker Development Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $148,797 |
| 2024 | $148,601 |
| 2025 | $143,873 |
| 2026 |
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|
| 2027 |
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The Insurance industry offers the highest average compensation for Broker Development Manager roles, with salaries approximately 20% above the market median.
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