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Associate Broker Jobs in Elgin, IL (NOW HIRING)

M1 Finance

Broker Operations Associate

Chicago, IL · On-site

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

M1 Finance

Broker Operations Associate

Chicago, IL · On-site +1

$70K - $85K/yr

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

M1 Finance

Broker Operations Associate

Chicago, IL · On-site

$70K - $85K/yr

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

Amwins

Assistant Vice President

Chicago, IL

$115K/yr

Assists in the training of Associate Brokers and Marketing Brokers We are looking for people with:  * Comprehensive knowledge of specialized field or area, sometimes acquired through a bachelor ...

CMA CGM

Customs Brokerage Import II

Des Plaines, IL · On-site

$21.66 - $27.08/hr

... broker for response. * Receive, review and process documentation for an assigned base of accounts ... High School Diploma or GED, Associates Degree preferred; Minimum one to three years related ...

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Showing results 21-40

All JobsAssociate Broker JobsAssociate Broker Jobs in Elgin, IL

Associate Broker information

See Elgin, IL salary details

$30.1K

$58.4K

$84K

How much do associate broker jobs pay per year?

As of Aug 11, 2026, the average yearly pay for associate broker in Elgin, IL is $58,380.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,500.00 and $72,700.00 per year, depending on experience, location, and employer.

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 a salary or draw against commissions, depending on their employment arrangement and brokerage policies. Successful associate brokers usually need strong negotiation skills and industry knowledge to maximize their earnings.

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 job with income potential that is not guaranteed and often dependent on individual performance and market conditions.

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.

How do you become an associate broker?

To become an associate broker, you typically need to hold a valid real estate license, gain experience as a licensed salesperson for a specified period, and complete additional education or licensing requirements set by your state or country. After meeting these prerequisites, you can apply for an associate broker license, which often involves passing a licensing exam and submitting an application to the licensing authority.

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.

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 cities near Elgin, IL are hiring for Associate Broker jobs? Cities near Elgin, IL with the most Associate Broker job openings:
Associate Broker jobs near you
Infographic showing various Associate Broker job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 28% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $58,380 per year, or $28.1 per hour.

Client Executive - Wholesale Insurance Brokerage - Casualty

Brown & Riding

Chicago, IL • On-site

$100K - $130K/yr

Full-time

Posted 6 days ago

Job description

Description
Position Summary:
The CE is responsible for understanding client needs, developing tailored insurance solutions, and driving business growth through managing and expanding existing client relationships. The CE will generally act as a primary point of contact for clients, ensuring a high level of satisfaction and loyalty.
Essential Functions:
  • Independently initiate, maintain, and enhance relationships with carriers, including regular in-person contact.
  • Initiate, maintain, and enhance relationships with existing retail clients and prospects, including regular in-person contact, often accompanied by your broker or senior team members.
  • Identify opportunities to expand services within existing accounts and retail relationships, driving business growth and client satisfaction.
  • Stay informed about market appetites/capabilities, market trends, regulatory changes, and emerging risks to provide strategic advice to clients.
  • Manage the marketing of both basic and complex accounts by preparing submissions, approaching carriers for quotes, and negotiating coverage; requiring little to no support from senior members of the team.
  • Meet and exceed client expectations throughout the submission process by managing client coverage goals, priorities, and overall expectations.
  • Solicit timely and substantive responses to submissions and effectively negotiate pricing and terms with underwriters, providing frequent and transparent updates to clients.
  • Gather and develop complete loss summaries and analysis, as needed.
  • Prepare superior-quality, error-free submissions, and effectively present this information to underwriters both verbally and in written form.
  • Identify and correct inconsistencies or errors in relevant documents and promptly correct/clarify the same with the client and/or underwriter.
  • Ultimately responsible for the quality, timeliness, and accuracy of quotes, binders, checklists, and other marketing file documentation for accounts they handle or oversee.
  • Meet quality measurement goals and procedures by following internal Quality Management System (QMS) standards.
  • Ensure all transactions comply with regulatory requirements and company policies, maintaining accurate records.
  • Facilitate clear communication of coverage terms and all other information between clients and underwriters, ensuring the delivered policy aligns with client expectations.
    Other Responsibilities:
  • Collaborate with the Practice Group and broker team to effectively disseminate relevant information, foster continuous improvement and innovation, and actively contribute to the enhancement of the company's reputation.
  • Use experience to proactively suggest ways to improve efficiencies, client deliverables, etc.
  • Provide training and ongoing guidance to Production Assistants, Production Associates, Associate Brokers, and/or Senior Associate Brokers, supporting their professional growth and development.
  • Work closely with Broker in identifying projects where skills, experience, and knowledge can be utilized effectively.
  • Perform other work-related duties as assigned by broker and/or management.
  • Prepare and present seminars or sales presentations and/or continuing education classes as required.

Position Requirements
Education, Experience and Skills Required:
  • Typically, 5 to 15 years of relevant insurance experience.
  • Property & Casualty and Surplus Lines Licenses (as required by state).
  • Exceptional organizational, follow-up, communication, and interpersonal skills.
  • Exceptional analytical skills to accurately define problems, gather and interpret relevant data, establish key facts, and draw well-founded conclusions efficiently.
  • Proactive approach to problem-solving, exhibiting good listening skills and a willingness to support others.
  • Ability to manage multiple priorities and deadlines effectively.
  • Exceptional negotiation skills with the ability to influence and persuade stakeholders at all levels.
  • Able to effectively interact with and adapt to diverse personality and communication styles.
  • Flexibility in work schedule and ability to adapt to changing demands of the position.
  • Independently manages time to get the job done with minimal supervision.
  • Intermediate skill level in PC software (Word, Excel and other software, as required).

Work Environment
  • Physical activities of job are within the normal expectations of an office environment where the amount of standing, walking, sitting, reaching, and other movements are within the control of the incumbent.
  • Vision requirements are in the normal range, correctible with glasses or contacts, where color vision, peripheral vision, depth perception have no significant impact on job performance.
  • Working environment is generally within the confines of an office where normal climate conditions support effective job performance. Some daily travel may include limited time spent outside in the elements as part of the normal commute.
  • Some travel outside of the normal daily commute may be required, such as traveling to another city, state, etc.
  • Risk of exposure to hazardous materials, electrical shock, explosives, radiation, vibration or airborne particles are at the extreme minimum. Protective clothing is usually not necessary to effective job performance or safety.

Salary Range: $100,000 to 130,000 annually
Category
Insurance
Location
Chicago Office
About the Organization
Brown & Riding is a wholesale insurance brokerage committed to our Mission, Culture, and Values.
Our Mission: To achieve the best results for our clients by setting the standard of excellence for the wholesale insurance brokerage industry, and build a great firm that attracts, develops, inspires, and retains outstanding people.
Our Culture: Makes us unique and a formidable competitor in the marketplace. It allows our clients, markets, and people to build and enjoy an entirely new wholesale experience.
Our Values: Our organizing principles. They ground us and provide guidance in the face of adversity. Brown & Riding stands for: TEAMWORK, QUALITY, and PROFESSIONALISM.
Exempt/Non-Exempt
Exempt
This position is currently accepting applications.

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