Broker Development Manager Salary in the United States

How much does a Broker Development Manager make in the United States?

As of May 01, 2026, the average salary for a Broker Development Manager in the United States is $239,595 per year, which breaks down to an hourly rate of $115.

However, a Broker Development Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $290,761
  • Majority Range (25th-75th percentile): $197,895 to $266,377
  • Entry-Level (10th percentile): $159,929
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View as table View as graph 25% $197,895 10% $159,929 90% $290,761 75% $266,377 $239,595 50%(Median) Didn’t find job title? Click

Broker Development Manager Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $266,377 $22,198 $5,123 $128
Average $239,595 $19,966 $4,608 $115
25th Percentile $197,895 $16,491 $3,806 $95
Check out Broker Development Manager Job Openings in the United States
Community Relations&amp Development Manager

HSC Central Ohio LLC - Mount Air, OH

Business Development Manager

Fanning Howey - Columbus, OH

Business Development Manager

Divisions Maintenance Group - Cincinnati, OH

Business Development Manager

Divisions Maintenance Group - Cincinnati, OH

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Key Factors That Influence Broker Development Manager Salaries

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.

How Experience Level Affects Broker Development Manager Salaries?

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:

  • Entry-Level (less than 1 year): $61,270
  • Early Career (1-2 years): $84,181
  • Mid-Level (2-4 years): $148,830
  • Senior-Level (5-8 years): $201,470
  • Expert (over 8 years): $242,490
Levels Salary
Insurance... Level Broker Development Manager$61,270
Insurance... Level Broker Development Manager$84,181
Insurance... Level Broker Development Manager$148,830
Insurance... Level Broker Development Manager$201,470
Broker De... Level Broker Development Manager$242,490
$61,270 0 yr
$84,181 < 2 yrs
$148,830 2-4 yrs
$201,470 5-8 yrs
$242,490 > 8 yrs
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What Am I Worth?

How Do Broker Development Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Broker Development Managers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $265,280.
  • California: $264,273.
  • Massachusetts: $260,751.

Top Paying Cities for Broker Development Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $302,201
  • San Francisco: $298,892
  • Oakland: $292,593

What Skills Can Increase a Broker Development Manager's Salary?

Demanded Skills for the Role:

  • Presentation (Mentioned in 5.44% Job Postings): Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  • Cold Calling (Mentioned in 3.02% Job Postings): Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well.
  • Insurance Industry (Mentioned in 2.02% Job Postings): The insurance industry comprises companies and people who develop insurance policies, and sell, administrate, and regulate them.
See More Skills
Skills Demand Percentage
Presentation 5.44%
Cold Calling 3.02%
Insurance Industry 2.02%
What skills can make your compensation higher?
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.
  • Cold Call: Can increase your salary by up to 21%.
  • Integrity: Can increase your salary by up to 20%.
  • Flexibility: Can increase your salary by up to 19%.
Skill Salary Salary % Increase
Cold Call
$289,910
21%
Integrity
$287,514
20%
Flexibility
$285,118
19%
Diversity and Inclusion
$282,722
18%
Financial Services
$282,722
18%
Cold Calling
$270,742
13%
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Broker Development Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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.

Last Updated on May 01, 2026

Salary Trends for Broker Development Manager

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, .

Average Annual Salary of Broker Development Manager Over Time

2022
$???
2023
$148,797
2024
$148,601
2025
$143,873
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $148,797
2024 $148,601
2025 $143,873
2026
View More
2027
View More

Most common benefits for Broker Development Manager

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Broker Development Manager

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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