Broker Of Record Salaries in Albany, NY
How Much Does a Broker Of Record Make in Albany, NY?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Broker Of Record in Albany, NY is $38,654.
While Salary.com is seeing that Broker Of Record salary in Albany, NY can go up to $46,588
or down to $31,641, but most earn between $34,983 and $42,807.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Broker Of Record
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Similar Job Salaries to Broker Of Record by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Keller Williams Realty Centres
Broker of Record
|
$110,699/yr
|
RANGE: $95,568 - $125,831
|
|
GFI Group
Broker
|
$87,269/yr
|
RANGE: $76,206 - $98,332
|
|
Marex
Energy Broker
|
$70,888/yr
|
RANGE: $63,341 - $78,435
|
|
Genesis Consulting Partners, LLC
Broker Developer
|
$126,204/yr
|
RANGE: $115,096 - $137,311
|
|
ABBTECH Professional Resources
Broker Developer
|
$105,693/yr
|
RANGE: $95,131 - $116,255
|
|
World Courier
Customs Broker
|
$64,240/yr
|
RANGE: $57,525 - $70,954
|
|
Advance Capital 24/7
MCA BROKER
|
$86,972/yr
|
RANGE: $77,071 - $96,873
|
|
Seanergy Consulting Services Inc.
Broker Developer
|
$105,693/yr
|
RANGE: $95,131 - $116,255
|
|
VSG Business Solutions LLC
Broker Developer
|
$106,016/yr
|
RANGE: $95,429 - $116,602
|
What Does a Broker Of Record Do?
The broker of record must also notify associates if any laws or licensing requirements have changed, so it’s imperative they stay on top of industry standards.
Updated December 10, 2021
An agent of record, or broker of record is a simple document signed by a business owner in order to specify which agent they want to represent their business with one or more insurance companies.
Updated November 18, 2021
Require broker of record letters to identify whom the policyholder has selected to act on their behalf to communicate with the insurance carrier for negotiating rates, plan options, claim assistance, etc.
Updated October 23, 2021
At its simplest terms, a Broker of Record (or BOR) transfers the servicing rights from one insurance broker to another. As such, the new agent will be allowed to issue certificates and make policy changes such as adding vehicles and endorsements through the new broker agency.
Updated October 15, 2021
The broker of record must follow arbitration policies to investigate disputes and assist with resolutions.
Updated December 22, 2021
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Explore JobArchitectFrequently Asked Questions About a Broker Of Record Salaries
What is the average of a Broker Of Record in Albany, NY?
The Broker Of Record salary range is from $34,983 to $42,807, and the average Broker Of Record salary is $38,654/year in Albany, NY.
The Broker Of Record's salary will change in different locations.
Which location pays the highest Broker Of Record salary in the United States?
The Broker Of Record salary in San Jose, CA is $48,043
which is the highest in the US.
What kinds of reasons will influence the Broker Of Record's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Broker Of Record.
What is the growth rate of the Broker Of Record's salary?
If you are thinking of becoming a Broker Of Record or planning the next step in your career, find the detailed salary report of a Broker Of Record.
