As of April 01, 2025, the average annual salary for an Insurance Broker Trainee in the United States is $63,051. Salary.com reports that pay typically ranges from $52,233 to $69,374, with most professionals earning between $42,384 and $75,131.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $69,374 | $5,781 | $1,334 | $33 |
| Average | $63,051 | $5,254 | $1,213 | $30 |
| 25th Percentile | $52,233 | $4,353 | $1,004 | $25 |
An entry-level Insurance Broker Trainee with less than 1 year of experience earns about $62,244. With 1-2 years of experience, the average salary increases to $63,240. For 2-4 years of experience, the pay typically rises to $64,655. Senior-level professionals with 5-8 years of experience earn around $64,938, and those with over 8 years of experience can expect an average of $65,127.
| Levels | Salary |
|---|---|
| Entry Level Insurance Broker Trainee | $62,244 |
| Intermediate Level Insurance Broker Trainee | $63,240 |
| Senior Level Insurance Broker Trainee | $64,655 |
| Specialist Level Insurance Broker Trainee | $64,938 |
| Expert Level Insurance Broker Trainee | $65,127 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 3% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Insurance Broker Trainee compensation over the past six years. For example, the median salary increased from $72,296 in 2023 to approximately $72,392 in 2024. (For a detailed analysis of Insurance Broker Trainee salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Insurance Broker Trainee information for you to search for. Click on search button below to see Insurance Broker Trainee job openings or enter a new job title here.
Here are companies hiring for Insurance Broker Trainee and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $63,051 | 71.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,823 | 5.4% | ||
| 401K/403B | $2,963 | 3.3% | ||
| Disability | $504 | 0.6% | ||
| Healthcare | $6,056 | 6.8% | ||
| Pension | $3,468 | 3.9% | ||
| Time Off | $7,760 | 8.8% | ||
| Total Compensation | $88,626 | 100% | ||
The average annual salary of Insurance Broker Trainee is $63,051. In case you are finding an easy salary calculator, the average hourly pay of Insurance Broker Trainee is $30; the average weekly pay of Insurance Broker Trainee is $1,213; the average monthly pay of Insurance Broker Trainee is $5,254.
An Insurance Broker Trainee's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Insurance Broker Trainee earns the most in San Jose, CA, where the annual salary of an Insurance Broker Trainee is $79,526.
The highest pay for Insurance Broker Trainee is $75,131.
The lowest pay for Insurance Broker Trainee is $42,384.
Participates in career training program to learn insurance brokerage and placement. Assists with account servicing and renewals of existing insurance business. Supports brokers in the marketing of customer business to different insurance carriers to obtain quotes. Collects, prepares, and processes data required to maintain and service accounts. Requires a bachelor's degree. Typically reports to a supervisor or manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
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Confidentiality: The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.
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Computer Knowledge: Computer literacy is defined as the knowledge and ability to use computers and related technology efficiently, with skill levels ranging from elementary use to computer programming and advanced problem solving.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
