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Apprentice Broker information

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$30.5K

$59.1K

$85K

How much do apprentice broker jobs pay per year?

As of Jul 20, 2026, the average yearly pay for apprentice broker in the United States is $59,058.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,000.00 and $73,500.00 per year, depending on experience, location, and employer.

What are some typical responsibilities for an Apprentice Broker during their first year on the job?

During the first year, Apprentice Brokers often focus on supporting senior brokers by conducting market research, assisting with client communications, preparing documentation, and managing databases. They may also shadow experienced brokers to learn negotiation techniques and industry regulations. This hands-on experience helps them build foundational skills, understand client needs, and gradually take on more direct responsibilities under supervision. The role often involves balancing administrative tasks with developing client-facing skills, setting the stage for future advancement within the brokerage firm.

What is the highest paid type of broker?

In the brokerage industry, investment bankers and securities brokers tend to earn the highest salaries, especially those working in mergers and acquisitions or trading at large firms. These roles often require strong analytical skills, certifications like FINRA licenses, and can include significant bonuses based on performance.

What are the key skills and qualifications needed to thrive as an Apprentice Broker, and why are they important?

To thrive as an Apprentice Broker, you need a strong grasp of financial markets, analytical skills, and typically a bachelor's degree in finance, economics, or a related field. Familiarity with trading platforms, financial modeling tools, and regulatory compliance systems is valuable, and pursuing industry certifications such as FINRA Series 7 can be advantageous. Excellent communication, resilience under pressure, and a willingness to learn quickly are standout soft skills in this role. These abilities are critical for building client trust, accurately executing trades, and succeeding in the competitive, fast-paced brokerage environment.

Is being a stockbroker a good career?

A stockbroker is a financial professional who buys and sells securities on behalf of clients, often working in a fast-paced environment that requires strong analytical and communication skills. The career can be financially rewarding but also involves high stress, long hours, and the need for licensing and ongoing education. Success depends on market knowledge, client relationships, and the ability to adapt to market changes.

What is a broker trainee?

A broker trainee is an entry-level position for individuals training to become licensed brokers in fields such as insurance, real estate, or securities. The role involves learning industry regulations, assisting with client transactions, and gaining practical experience under supervision before obtaining full licensure. Trainees often complete coursework and pass licensing exams to advance in their careers.

How much does a trainee broker make?

A trainee broker typically earns between $30,000 and $50,000 annually, depending on the firm, location, and level of experience. Compensation often includes a base salary plus commissions as they develop their skills and client base.

What is the difference between Apprentice Broker vs Insurance Agent?

AspectApprentice BrokerInsurance Agent
Required CredentialsTypically needs a license and apprenticeship trainingRequires a license, often with ongoing education
Work EnvironmentMentored, learning sales and policy detailsCustomer-facing, selling insurance policies
Employer & Industry UsageInsurance broker firms, agenciesInsurance companies, agencies
Common Search & ComparisonApprentice Broker vs Insurance Agent

While both roles involve working with insurance products, an Apprentice Broker is in training to become a licensed broker, focusing on learning the industry and client needs. An Insurance Agent typically sells policies directly to clients and may have more sales responsibilities. The apprentice role is more educational, whereas the agent role is more client-facing and sales-oriented.

What are apprentice brokers?

Apprentice brokers are individuals who are training under the supervision of a licensed broker to learn the skills and knowledge necessary to become a fully qualified broker themselves. They typically assist with client communications, paperwork, research, and basic transactions while gaining hands-on experience in the industry. Apprentice brokers are often required to complete certain education and licensing requirements before advancing to a full broker role. This position provides valuable on-the-job training and mentorship for those new to the brokerage field.
More about Apprentice Broker jobs
What cities are hiring for Apprentice Broker jobs? Cities with the most Apprentice Broker job openings:
What are the most commonly searched types of Broker jobs? The most popular types of Broker jobs are:
What states have the most Apprentice Broker jobs? States with the most job openings for Apprentice Broker jobs include:
What job categories do people searching Apprentice Broker jobs look for? The top searched job categories for Apprentice Broker jobs are:
Apprentice Broker jobs near you
Infographic showing various Apprentice Broker job openings in the United States as of July 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 100% Physical job distribution, with an average salary of $59,058 per year, or $28.4 per hour.
Underwriting Specialist, Large Property

Underwriting Specialist, Large Property

Zurich Insurance Company Ltd.

San Francisco, CA • On-site

$75K - $215K/yr

Full-time

Re-posted 19 days ago

Job description

Zurich is seeking a Property Underwriting Specialist OR Executive Underwriter, Large Property for our National Accounts Large Property Underwriting team in our San Francisco or Los Angeles. While this position will be based out of a Zurich office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week.

This role will be filled at either the Property Underwriting Specialist OR Executive Underwriter level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

As a Property Underwriting Specialist OR Executive Underwriter, Large Property you will have a chance to use your marketing and analytical skills. Specifically, you will analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level service to customers. This is a market facing position thus we are seeking someone with a strong sales execution mindset and knowledge of commercial property policies.
Some of the key accountabilities of this role include:

  • Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Develop, maintain & collaborate with Line of Business representatives and other business related needs, as appropriate.
  • Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
  • Support the organization's sales culture by being a Help Point for agents, brokers and customers.
  • Proactively seek renewal and new account opportunities.
  • Complete detailed opportunity assessment with key distributors to identify growth opportunities.
  • Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
  • Make broker/customer and on-sight calls with a planned and well-prepared purpose.

Basic Qualifications – Underwriting Specialist, Large Property:

  • High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area.
    OR
  • High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or
    Underwriting Support area
    AND
  • Knowledge of line/s of business and the legal and regulatory guidelines
  • Knowledge of time restraints for quotes on new and renewal business
  • Experience with Microsoft Office

OR

Basic Qualifications - Executive Underwriter, Large Property:

  • High School Diploma or Equivalent and 5 or more years of experience in commercial underwriting or brokerage or market facing area
    OR
  • High School Diploma or equivalent and 10 or more years of experience in the claims or underwriting support area
    OR
  • Zurich approved Apprenticeship program including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich approved Apprenticeship program including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environment

Preferred Qualifications (Both levels):

  • Bachelors Degree 
  • Technical knowledge of commercial Property Underwriting
  • Established broker relationships (Retail, select brokers) in Western Region
  • Sales execution mindset
  • Creative problem solving skills
  • Strong verbal and written communication skills

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $75,000.00 - $215,000.00. The proposed salary range for the Underwriting Specialist  is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%.  The proposed salary range for the Executive Underwriter is $130,000.00 - $215,000.00, with short-term incentive bonus eligibility set at 15%. 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code § 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - San Francisco, AM - Los Angeles
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No  
 
Linkedin Recruiter Tag: #LI-BN1 #LI-ASSOCIATE #LI-HYBRID 

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