2026 Insurance Broker
Salary Guide

Complete guide to Insurance Broker salaries, responsibilities, and career paths.

IB

Insurance Broker

FinanceInsurance

Average Salary

£22,000 – £50,000

Working Hours

37.5 hours/week

Job Information

  • The UK insurance market is one of the world’s largest

Other Names this Job is Known By

  • Insurance Advisor
  • Risk Broker

Key Responsibilities

  • Advise clients on insurance products and policies
  • Assess client needs and risks
  • Negotiate with insurers for best terms
  • Prepare quotes and proposals
  • Manage renewals and claims
  • Maintain client records
  • Ensure compliance with regulations
  • Build client relationships

Skills and Qualifications Required

  • Degree in business, finance, or insurance
  • CII qualifications
  • Experience in sales or insurance roles
  • Communication and negotiation skills

Promotional Job Opportunities from this Role

  • Senior Broker
  • Account Executive
  • Branch Manager
  • Consultant

How to Get the Job

  • Study business, finance, or insurance
  • Gain experience in sales or insurance roles
  • Obtain CII qualifications
  • Progress to senior or management positions

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