Broker Of Record Salaries in Rochester, MN
How Much Does a Broker Of Record Make in Rochester, MN?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Broker Of Record in Rochester, MN is $38,236.
While Salary.com is seeing that Broker Of Record salary in Rochester, MN can go up to $46,074
or down to $31,297, but most earn between $34,604 and $42,339.
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
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Modus Closing
Broker of Record
|
$120,812/yr
|
RANGE: $100,022 - $141,602
|
|
State of Minnesota
Electrician Master Record
|
$75,095/yr
|
RANGE: $65,095 - $85,095
|
|
Entira Family Clinics
Electronic Medical Record Scanner
|
$52,217/yr
|
RANGE: $46,723 - $57,711
|
|
Dahl Consulting
Medical Record Retrieval Specialist
|
$68,317/yr
|
RANGE: $58,189 - $78,445
|
What Does a Broker Of Record Do?
Once the broker of record letter has been accepted by the insurance carrier, or carriers, this formally starts the new brokerage relationship and ends the relationship with the prior broker.
Updated December 12, 2021
If you've never been asked to sign a Agent of Record or Broker of Record Letter its more than likely because you have never had a conflict with your current agent or you've dealt with competing agents who had separate and distinct insurance companies.
Updated October 27, 2021
The broker of record must follow arbitration policies to investigate disputes and assist with resolutions.
Updated December 22, 2021
The broker-dealer must be able to immediately provide any facsimile enlargement of the record that the SEC, SRO or state securities regulator may request.
Updated December 18, 2021
The broker of record collects and distributes commissions to licensees, according to the brokerage's compensation schedule and policies, as well as each individual licensee’s commission agreement.
Updated December 16, 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 Rochester, MN?
The Broker Of Record salary range is from $34,604 to $42,339, and the average Broker Of Record salary is $38,236/year in Rochester, MN.
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 $47,843
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.
