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Associate Broker Jobs in Minnesota (NOW HIRING)

Northwestern Mutual

Paraplanning Associate

Minneapolis, MN · On-site

$16.50 - $22/hr

The Paraplanning Associate plays a critical role by performing a variety of client service and ... broker-dealer, and member of FINRA and SIPC. To view detailed disclosures regarding individual ...

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Associate Broker information

See Minnesota salary details

$29.9K

$57.8K

$83.3K

How much do associate broker jobs pay per year?

As of Sep 8, 2026, the average yearly pay for associate broker in Minnesota is $57,842.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,100.00 and $72,000.00 per year, depending on experience, location, and employer.

What is an associate broker?

Associate brokers are licensed real estate professionals who have completed additional education and licensing requirements beyond those of a standard real estate agent. While they hold a broker's license, associate brokers typically work under the supervision of a managing or principal broker within a real estate firm. Their responsibilities often include assisting clients with buying, selling, or leasing properties, negotiating contracts, and sometimes overseeing other agents. However, unlike principal brokers, they usually do not own or manage the real estate brokerage themselves.

What are the key skills and qualifications needed to thrive as an associate broker?

To thrive as an Associate Broker, you need strong analytical skills, a deep understanding of real estate or insurance markets, and typically a relevant license or certification. Familiarity with CRM software, MLS systems, and document management tools is often required. Excellent negotiation, interpersonal, and client service skills help set top performers apart. These abilities are crucial for managing transactions efficiently, building trust, and achieving optimal outcomes for clients.

What are some typical challenges faced by associate brokers, and how can they effectively overcome them?

Associate Brokers often encounter challenges such as building a reliable client base, staying updated with market trends, and managing multiple transactions simultaneously. To overcome these, it's important to develop strong networking skills, invest time in ongoing professional education, and utilize technology for efficient transaction management. Collaborating closely with senior brokers and support staff also helps streamline processes and provides valuable mentorship opportunities. Maintaining excellent communication and organization will set you up for success in this competitive field.

What is the difference between Associate Broker vs Real Estate Agent?

FeatureAssociate BrokerReal Estate Agent
Required CredentialsReal estate license, additional broker licensing examReal estate license
Work EnvironmentCan operate independently, supervise agentsWorks under a broker, assists clients
Employer & Industry UsageReal estate brokerages, independent practiceReal estate brokerages, agencies
Common Search & ComparisonYesYes

In summary, an Associate Broker holds a real estate license and has completed additional licensing requirements, allowing them to operate independently or supervise agents. A Real Estate Agent typically works under a broker and assists clients in property transactions. The main difference lies in licensing and the ability to operate independently.

How do associate brokers get paid?

Associate brokers typically earn commissions based on the sales or leases they facilitate, often receiving a percentage of the transaction value. They may also earn fees for services such as property management or consulting, and their income depends on their sales performance and the commission split with their brokerage. Compensation structures can vary by firm and region, and some associate brokers may also receive a base salary or bonuses.

How much do associate brokers make in the US?

Associate brokers in the US typically earn a median annual salary of around $50,000 to $70,000, though earnings can vary based on location, experience, and the real estate market. They often work on commission and may need to obtain specific licensing and certifications to practice.

Is being an associate broker a high paying job?

Associate brokers typically earn a commission-based income that can vary widely depending on location, experience, and sales performance. While some may earn high incomes, others may earn modest salaries, making it a role with income potential that is not guaranteed and often depends on individual performance and market conditions.

What are the most commonly searched types of Broker jobs in Minnesota?

The most popular types of Broker jobs in Minnesota are:

What cities in Minnesota are hiring for Associate Broker jobs?

Cities in Minnesota with the most Associate Broker job openings:

What are popular job titles related to Associate Broker jobs in MN?

For Associate Broker jobs in MN, the most frequently searched job titles are:

Associate Broker jobs near you
Infographic showing various Associate Broker job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 26% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $57,842 per year, or $27.8 per hour.

Associate Broker - Casualty

Willis Towers Watson

Minneapolis, MN • On-site

$50K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

36th of 154 rated financial services

Job description


We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.
Working with the guidance and direction of the Senior Broker, the Associate Broker oversees day-to-day Casualty placement and broking responsibilities for North American accounts, including new business development; develops business relationships with retail producers and markets; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports for distribution, assists regional teams with RFP and new business proposal development, and performs other duties as assigned.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
The Associate Broker is recognized by the client, client advocate team and the insurance marketplace as the colleague who provides critical support to the team, and is responsible for preparing and submitting business to our carrier partners, following-up for quotes, and for providing analytics for key accounts. In this position, you will research market solutions to learn how to identify and develop optimum risk solutions for clients, and execute straightforward new business placements, renewals and simple alterations of existing cover, with guidance.
Major Accountabilities:
  • Provide critical support to the broking team that manages brokerage responsibilities for a book of new and recurring annual policies
  • Run and interpret analytical models
  • Participate in broking communication efforts by email, telephone, and written correspondence with underwriters and colleagues
  • Assist with or lead front-end sales/RFP efforts
  • Obtain and distribute information from client and/or producing office
  • Evaluate and develop coverage information for review
  • Prepare draft submission documents and finalize submissions for delivery
  • Review quotes against specifications and develop side-by side comparisons
  • Prepare program proposals
  • Review binders for accuracy and completeness against quotes and complete file reviews
  • Develop and maintain business relationships with sales and broking colleagues and carrier underwriting contacts
  • Maintain knowledge of insurance industry market intelligence and carrier appetites
  • Participate in continuing education to maintain license and industry credentials
  • Record and maintain all information accurately on the appropriate systems
  • Ensure that quality and compliance procedures and processes are adhered to

Qualifications
The Requirements
  • Insurance broker's P&C license will be required. Can be obtained within 90 days post hire.
  • High School Diploma required; Bachelor's Degree preferred
  • 2-4 years industry experience preferred
  • Attention to detail and process orientation
  • Exposure to Excel formulas and spreadsheet creation/manipulation required
  • Demonstrated knowledge of core insurance principles & the ability to provide an explanation to clients
  • Demonstrated competence in negotiation skills
  • Demonstrated ability in conflict resolution
  • Demonstrated client service focus
  • Understanding of required placement workflows
  • Self-starter/requires minimal supervision
  • Will seek guidance when needed
  • Solid presentation skills - written or oral
  • Ability to deal with challenging client situations
  • Demonstrated knowledge of insurance program structures

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $50,000.00-$75,000.00 USD annually.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans' eligibility requirements.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets

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