Insurance Broker Salary Information

Insurance Broker salary information, income percentile, mortgage affordability and more.

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How much does an insurance broker earn?

Annual salaries range from £17,556 to £57,360. Below is the full range of pay both before and after tax:

LowestAverageUpper
Pre-tax £17,556
(£1,463 p/mth)
£26,604
(£2,217 p/mth)
£57,360
(£4,780 p/mth)
Pre-tax Income Percentile 28th 57th 91st
Post-tax £15,480
(£1,290 p/mth)
£21,624
(£1,802 p/mth)
£41,796
(£3,483 p/mth)
Post-tax Income Percentile 23rd 51st 88th
Percentage Tax Deduction 12% 19% 27%
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Insurance brokers often work as agents for large insurance companies or independently. In both cases, they must work directly with the client and have the necessary employment licenses. Insurance brokers provide insurance quotes over the phone, online or in person.

Compare the average salary of an insurance broker to your salary:

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Below are the range of mortgages typically affordable for a single applicant insurance broker:

LowestAverageUpper
average gross salary£17,561£26,602£57,355
max mortgage£79,025£119,709£258,098
deposit paid£8,781£13,301£28,678
max purchase price£87,806£133,010£286,776
mortgage repayment p.mth (2.5%|25yr)£359£543£1,171

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