Broker Salary

The average salary for a Broker in the UK is:

£49,738

Job profile for a Broker

Insurance Broker - dealing with Insurers directly, usually on the behalf of someone, to insure a particular risk factor, i.e. home, car etc. whilst looking to obtain best premium and terms to allow for your commission whilst still striving to provide the best value for money for your client.

- Broker Job Profile

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Broker Salary Comparison

In 2008, the average salary for this job was £35,000.

The average salary in 2009 was £33,078, based on 35 respondents (a difference of -5% from the 2008 figure.

The average salary in 2010 was £52,100, based on 41 respondents (a difference of 58% from the 2009 figure.

The average salary in 2011 was £52,000, based on 28 respondents (a difference of 0% from the 2010 figure.

The average salary in 2012 was £44,683, based on 20 respondents (a difference of -14% from the 2011 figure.

The median salary for a Broker based on all salary survey responses is: £37,150

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About the Salary Survey Data in this survey is based on over 368,000 individual salary records. The date period for which job information was gathered varies, but is usually between 2008 - 2012. For precise date related information, custom reports may be ordered with greater granularity. Working 8 hours a day, 250 days of the year, the data suggests the hourly rate for Broker is £24.87.

Assorted Broker Salary Information

Salary Location Date £50,000 London 9-February-16 £45,000 London 29-December-15 £55,000 London 21-February-14 £38,000 London 18-July-13 Chart to the right shows ten most recent raw datapoints. Outlying points may be discarded.

Broker Salary By UK Region

Salary Region £53,571 London £25,000 East of England £15,000 Yorkshire and North East £25,000 North West £15,000 Wales

With regard to age and impact on salary for a Broker, a statistical average weighting (that is based on how salary varies by age and not for a specific job which may vary considerably) suggests these figures: £37,304 for a worker in their 20s, £48,744 (30s), £57,697 (40s) and £57,697 (50s).

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The average salary figure above for a Broker is considered highly likely to be representative of the UK market average due to the high number of respondents who had this exact job title.

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