How much does a Broker Manager make? The average Broker Manager salary is $93,597 as of October 25, 2023, but the salary range typically falls between $78,047 and $106,458. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Broker Manager
$78,047 to $106,458
-
View Hourly Wages
- Adjust Broker Manager Salary:
-
Select State -
Select City -
Choose Similar Job -
Pick Related Category -
View Cost of Living in Major Cities
Search Broker Manager Job Openings
What does a Broker Manager do?
Broker Manager
Communicate in all directions in a manner that is positive, productive, and supportive of teamwork, innovation, and collaboration.
September 20, 2022
Manage all customer account and contact information, sales call notes, and rate quote documents as well as any other customer interaction information through a Logistics Operations System & CRM Tool.
December 18, 2022
Adhere to all company policies, procedures, and guidelines, such as the Code of Conduct, assigned work schedules, and attendance requirements.
December 29, 2022
Develop and maintain thorough knowledge of the insurance marketplace, products and services, developing productive business relationships with key insurance underwriters.
January 25, 2023
Assist in the preparation and review of training materials and other communications to ensure business units meet maintain compliance requirements as well as help to educate internal clients on changes in rules and regulations and their implications for our business.
January 30, 2023
Demonstrate advanced product knowledge of FHA, VA, Conventional and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance and bond programs.
January 31, 2023
Building and maintaining ongoing relationships with clients including scheduling and attending meetings and understanding the nature of clients' businesses.
April 24, 2023
Broker Manager Salary in Major Cities
This chart shows the salary comparison for Broker Manager between major cities. San Francisco City consistently ranks #1 as of October 25, 2023. Click on the chart to see the detail salary data for Broker Manager in each city.
Broker Manager Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Broker Manager Salary by City
Click to see the salary for Broker Manager in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $116,997 |
| Washington, DC | $104,193 |
| Miami, FL | $90,837 |
| Chicago, IL | $98,736 |
| Boston, MA | $105,456 |
| New York, NY | $109,977 |
| Dallas, TX | $92,989 |
If you'd like know Broker Manager Salary in other cities, then please select a city in
Average Salary Range for Broker Manager
Average Base Salary
Core compensation
78047
106458
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Broker Manager in 2023?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Broker Manager in the United States. The base salary for Broker Manager ranges from $78,047 to $106,458 with the average base salary of $93,597. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,940 to $110,518 with the average total cash compensation of $96,200.
View Average Salary for Broker Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $93,597 | $78,047 - $106,458 |
| Bonus | $2,603 | $893 - $4,060 |
| Total Pay | $96,200 | $78,940 - $110,518 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Broker Manager online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Broker Manager, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
Select Relevant job experience
- Select Relevant job experience
- 0 years
- 1 years
- 2 years
- 3 years
- 4 years
- 5 years
- 6 years
- 7 years
- 8 years
- 9 years
- 10 years
- 11 years
- 12 years
- 13 years
- 14 years
- 15 years
- 16 years
- 17 years
- 18 years
Select person you report to
- Select person you report to
- Supervisor
- Manager
- Director
- Senior Management
- CEO / Board of Directors
- Other
Select Level of education
- Select Level of education
- I have not earned a degree
- High School Diploma or Tech Certificate
- Associate's Degree
- Bachelor's Degree
- Master's Degree or MBA
- JD, MD, PhD or Equivalent
Select number of people you manager
- Select number of people you manager
- 0
- 1 - 5
- 6 - 10
- 11 - 25
- 26 - 100
- 100 +
Your target salary is ?
78047
106458
Comments about Broker Manager
What's the difference between Insurance Broker and Broker Manager?
According to our latest salary estimation on October 25, 2023. The average salary of Broker Manager is $93,597, and the average salary of Insurance Broker is $91,092. The average salary of Insurance Broker is lower than Broker Manager. ( 2023-10-26 salary.com )
I am a Broker Manager, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Broker Manager. a Broker Manager Salary in New Britain, CT is $101,086 as of October 25, 2023; a Broker Manager Salary in Barnstable, MA is $99,619 as of October 25, 2023. ( 2023-10-26 salary.com )
Broker Manager Frequently Asked Questions
Why does the salary of a Broker Manager vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2023-10-26 salary.com )
What are the Pay Factors for Broker Manager?
Salary ranges for a Broker Manager can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2023-10-26 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2023-10-26 salary.com )
Recently searched related titles: Project Management Trainer, Industrial Project Manager, Graphic Design Project Manager
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Broker Manager : Americorps Vista Leader, Roofing Project Manager, Snr Project Manager
Last Update: October 25, 2023