Principal Broker Salary in Provo, Utah

Principal Broker Salary in Provo, UT

What is the highest and lowest pay for Principal Broker?

As of December 01, 2024, the average annual pay of Principal Broker in Provo, UT is $217,958. While Salary.com is seeing that the highest pay for Principal Broker in Provo, UT can go up to $322,049 and the lowest down to $136,663, but most earn between $175,406 and $272,443. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in the United States.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $136,663 Provo,UT December 01, 2024
25th Percentile Principal Broker Salary $175,406 Provo,UT December 01, 2024
50th Percentile Principal Broker Salary $217,958 Provo,UT December 01, 2024
75th Percentile Principal Broker Salary $272,443 Provo,UT December 01, 2024
90th Percentile Principal Broker Salary $322,049 Provo,UT December 01, 2024
25% $175,406 10% $136,663 90% $322,049 75% $272,443 $217,958 50%(Median) Didn’t find job title? Click
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What is a Principal Broker ?

A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal....

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

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Job Openings for Principal Broker in Provo, UT

Career Path for this job

  1. Down a level:

    Insurance Senior Broker

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Principal Broker

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Broker Executive


    Bachelor's Degree

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Understand the total compensation opportunity for a Principal Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
175406
272443
217958

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
192487
360582
250313
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Provo, UT. The base salary for Principal Broker ranges from $175,406 to $272,443 with the average base salary of $217,958. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $192,487 to $360,582 with the average total cash compensation of $250,313.

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175406
272443

 

About Provo, Utah    Provo /ˈproʊvoʊ/ is the third-largest city in Utah, United States. It is 43 miles (69 km) south of Salt Lake City along the Wasatch Front. Provo is th....More

Provo, Utah  area prices were up 2.3% from a year ago

Principal Broker Salary in popular cities: Salt Lake City, West Jordan, Orem

Recently searched related titles: Insurance Broker Manager

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role