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Salary data for country: United Kingdom
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Insurance

Salary for position Insurance Broker in United Kingdom

Gross salary in United Kingdom is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
15K - 49K GBP
10% earn less lthan 15K GBP
10% earns more than 49K GBP
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Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Insurance Broker position in the United Kingdom earn between 14,688 GBP and 49,056 GBP annually gross.

10% of employees earn less than 14,688 GBP and 10% of people earn more than 49,056 GBP.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Insurance Broker typically do

  • Seeking out potential customers and providing customer care to existing clients.
  • Analysing needs and proposing individual insurance solutions according to customer requirements.
  • Providing advice and consultations concerning the insurance industry.
  • Concluding contracts with individual and corporate clients.
  • Responsibility for updating client database.
  • Participating in regular trainings and courses.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Insurance Broker in the labour market

In the salary ranking,
the job position takes

426. place

Women representation in position

n/a

Average age of respondent by position

n/a

703. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

9,492 - 23,508 GBP

427. place

Auto Electrician

Car Industry

Salary group 2

19,140 - 42,780 GBP

426. place

Insurance Broker

Insurance

Salary group 2

14,688 - 49,056 GBP

425. place

Junior Sales Representative

Commerce

Salary group 2

12,552 - 52,272 GBP

1. place

Chief Executive Officer

Top Management

Salary group 3

42,588 - 217,368 GBP

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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Insurance Broker.

The total gross salary for the position Insurance Broker ranges between 1,015 GBP and 7,131 GBP per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Insurance Broker have a total gross salary of at least 4,088 GBP per month.

10% of the highest-earning employees in this position have a total gross salary higher than 4,088 GBP per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,224 GBP per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Insurance Broker earns 2,841 GBP per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Insurance Broker, we currently have less than 20 verified respondents collected.