How Much Does a Broker Of Record Make in South Dakota?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Broker Of Record in South Dakota is $34,073. While Salary.com is seeing that Broker Of Record salary in SD can go up to $41,058 or down to $27,889, but most earn between $30,836 and $37,729. 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
Broker
$85,687
South Dakota
Per Year
Record Assistant
$38,260
South Dakota
Per Year
Record Clerk
$41,215
South Dakota
Per Year
Record Analyst
$38,379
South Dakota
Per Year
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Similar Job Salaries to Broker Of Record by Company

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Company average base salary in (usd) range
Affinity Group
Account Executive (Food Broker)
$80,483/yr
$67,300
$93,666
RANGE: $67,300 - $93,666
Wilcoxon Insurance
Insurance Agent / Broker
$144,881/yr
$115,061
$174,700
RANGE: $115,061 - $174,700
Affinity Group
Key Account Specialist (Food Broker)
$77,061/yr
$64,828
$89,294
RANGE: $64,828 - $89,294
$79,286/yr
$68,550
$90,022
RANGE: $68,550 - $90,022
$139,780/yr
$108,409
$171,150
RANGE: $108,409 - $171,150
$151,873/yr
$116,378
$187,369
RANGE: $116,378 - $187,369

Top 10 Highest Paying Cities For Broker Of Record Jobs in South Dakota

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Broker Of Record can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Broker Of Record job salaries in South Dakota. Some cities can pay higher salaries for Broker Of Record jobs, which can indicate that there is a large demand for Broker Of Record positions in this city.
The following table shows top 10 cities where the Broker Of Record salary is higher than other cities in South Dakota. Sioux Falls takes first place in this list, followed by Brookings, Watertown. The Broker Of Record salary is $34,414 in Sioux Falls, which is lower than the national average. There is 0 city's Broker Of Record salary higher than national average in South Dakota.
The average salary for a Broker Of Record in South Dakota is $34,073, but we found that the city with the highest salary for Broker Of Record jobs is Sioux Falls, SD, and it is higher than Brookings. Broker Of Record jobs in Sioux Falls can have the opportunity to earn higher salaries than in other cities in South Dakota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Sioux Falls $34,414 $2,868 $662 $17
Brookings $33,845 $2,820 $651 $16
Watertown $33,845 $2,820 $651 $16
Rapid City $33,732 $2,811 $649 $16
Deadwood $33,163 $2,764 $638 $16
Pierre $31,913 $2,659 $614 $15
Aberdeen $31,344 $2,612 $603 $15

What Does a Broker Of Record Do?

The broker of record letter (BOR) in insurance is a tool  insurance agents and brokers utilize to assume the negotiation of your insurance account.
Updated October 12, 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
As Subsection 12 of the Act indicates the broker of record is responsible for ensuring that the brokerage complies with the Act and its regulations.
Updated December 16, 2021

Frequently Asked Questions About a Broker Of Record Salaries

What is the average of a Broker Of Record in South Dakota?

The Broker Of Record salary range is from $30,836 to $37,729, and the average Broker Of Record salary is $34,073/year in South Dakota. 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 $47,566 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.