How much does a Commercial Broker make? The average Commercial Broker salary is $71,795 as of April 26, 2022, but the salary range typically falls between $58,500 and $89,869. 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.
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What does a Commercial Broker do?
Commercial Broker
Create commercial energy proposals for clients with an array of competitive offers for commercial clients.
August 15, 2021
Prepare and ensure the professional quality of insurance underwriting submissions, prospect and client proposals and presentations, sales reports, professional communications .
August 18, 2021
Understand broad spectrum of commercial lines business not limited to GL, Property, Management Liability, WC and Excess/Umbrella.
October 15, 2021
Provide an excellent customer experience by overseeing the loan process from origination to closing and proactively communicating with the customer throughout the entire process.
November 06, 2021
Assist with building correspondence, file maintenance and management, meeting planning and scheduling, and report preparation.
December 14, 2021
Review sizing workbooks to develop stronger understanding of deal sizing.
December 14, 2021
Develops on-going relationships with agents, monitor profitability and quality of submissions along with the marketing team to keep agent up-to-date with underwriting and/or product changes, efficiently and profitably.
December 24, 2021
Commercial Broker Salary in Major Cities
This chart shows the salary comparison for Commercial Broker between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Commercial Broker in each city.
Commercial Broker 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
Commercial Broker Salary by City
Click to see the salary for Commercial Broker in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $89,743 |
| Washington, DC | $79,922 |
| Miami, FL | $69,893 |
| Chicago, IL | $76,166 |
| Boston, MA | $80,891 |
| New York, NY | $86,369 |
| Dallas, TX | $71,328 |
If you'd like know Commercial Broker Salary in other cities, then please select a city in
Average Salary Range for Commercial Broker
Average Base Salary
Core compensation
58500
89869
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Commercial Broker in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Broker in the United States. The base salary for Commercial Broker ranges from $58,500 to $89,869 with the average base salary of $71,795. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,500 to $89,869 with the average total cash compensation of $71,795.
View Average Salary for Commercial Broker as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $71,795 | $58,500 - $89,869 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $71,795 | $58,500 - $89,869 |
* 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 Commercial Broker 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 Commercial Broker, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Commercial Broker
What's the difference between Commercial Mortgage Broker and Commercial Broker?
According to our latest salary estimation on April 26, 2022. The average salary of Commercial Broker is $71,795, and the average salary of Commercial Mortgage Broker is $0. The average salary of Commercial Mortgage Broker is lower than Commercial Broker. ( 2022-04-26 salary.com )
I am a Commercial Broker, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Commercial Broker. a Commercial Broker Salary in Arlington, MA is $80,891 as of April 26, 2022; a Commercial Broker Salary in San Bernardino, CA is $76,486 as of April 26, 2022. ( 2022-04-26 salary.com )
Commercial Broker Frequently Asked Questions
Why does the salary of a Commercial Broker 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. ( 2022-04-26 salary.com )
What are the Pay Factors for Commercial Broker?
Salary ranges for a Commercial Broker 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 ( 2022-04-26 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. ( 2022-04-26 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: April 26, 2022