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Broker Compensation Representative Jobs (NOW HIRING)

Insurance Broker

Atlanta, GA ยท On-site

$50/hr

Insurance Broker (Own Your Book) Direct Hire | Commission-Based We're seeking experienced Insurance ... support (accounting, technology, CSR resources) * Mentorship and onboarding Compensation

Broker Trader

Chicago, IL ยท On-site +1

$145K/yr

... immediately represented in the team's P&L. You will be entrenched in a collaborative and ... Exact compensation offered may vary based on many factors including, but not limited to, the ...

Broker Trader

Chicago, IL ยท On-site

$145K/yr

... immediately represented in the team's P&L. You will be entrenched in a collaborative and ... Exact compensation offered may vary based on many factors including, but not limited to, the ...

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Broker Compensation Representative information

See salary details

$24.5K

$44.2K

$77K

How much do broker compensation representative jobs pay per year?

As of Jun 9, 2026, the average yearly pay for broker compensation representative in the United States is $44,219.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,500.00 and $43,000.00 per year, depending on experience, location, and employer.

What jobs make $3,000 a month without a degree?

A Broker Compensation Representative can earn around $3,000 or more per month through commissions and bonuses, often without requiring a college degree. Success in such roles depends on sales skills, industry knowledge, and building client relationships, with some positions offering flexible schedules and on-the-job training.

What are the key skills and qualifications needed to thrive as a Broker Compensation Representative, and why are they important?

To thrive as a Broker Compensation Representative, you need strong analytical abilities, attention to detail, and a solid understanding of financial or insurance industry practices, often supported by a relevant degree or experience. Familiarity with compensation management systems, Excel, and CRM platforms is typically required, and certifications in finance or insurance can be an asset. Excellent communication, problem-solving skills, and customer service orientation help you effectively address broker inquiries and resolve discrepancies. These skills are vital for ensuring accurate compensation processing, maintaining broker satisfaction, and supporting organizational compliance.

How does a Broker Compensation Representative typically collaborate with other departments within an insurance company?

Broker Compensation Representatives frequently work with multiple departments, including sales, finance, and compliance, to ensure that broker commissions are calculated and disbursed accurately. They often coordinate with the sales team to confirm eligibility and resolve discrepancies, and work closely with finance to process payments on time. Strong communication and organizational skills are essential, as the role requires managing inquiries from both internal teams and external brokers. This collaborative environment not only helps maintain smooth operations but also provides valuable cross-functional experience for career growth.

What is the difference between Broker Compensation Representative vs Insurance Agent?

AspectBroker Compensation RepresentativeInsurance Agent
CredentialsLicenses in insurance and broker-specific certificationsInsurance license, state-specific certifications
Work EnvironmentCorporate offices, client meetings, brokeragesAgency offices, client consultations, independent or captive agencies
Employer & IndustryInsurance brokerages, financial servicesInsurance companies, agencies, independent brokers

While both roles involve insurance products, a Broker Compensation Representative primarily focuses on managing broker commissions and compensation structures within insurance brokerages. An Insurance Agent directly sells insurance policies to clients. The key difference lies in their core responsibilities: compensation management versus client sales.

What is a Broker Compensation Representative?

A Broker Compensation Representative is a professional who manages and processes compensation payments and commissions for brokers and agents working with an organization, often in insurance or financial services. They ensure accurate and timely payment of commissions, resolve discrepancies, and maintain records related to broker compensation. This role involves a combination of customer service, financial reconciliation, and administrative tasks. Broker Compensation Representatives also communicate with brokers to answer questions and provide support regarding commission structures and payments.
More about Broker Compensation Representative jobs
What cities are hiring for Broker Compensation Representative jobs? Cities with the most Broker Compensation Representative job openings:
What states have the most Broker Compensation Representative jobs? States with the most job openings for Broker Compensation Representative jobs include:
What job categories do people searching Broker Compensation Representative jobs look for? The top searched job categories for Broker Compensation Representative jobs are:
Infographic showing various Broker Compensation Representative job openings in the United States as of May 2026, with employment types broken down into 3% Locum Tenens, 95% Full Time, and 2% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $44,219 per year, or $21.3 per hour.

Business Broker / M&A Advisors - DGO

Prospere Companies

Durango, CO โ€ข On-site

$50K/yr

Full-time

Posted 10 days ago


Job description

Join the Premier Business Brokerage Firm in Colorado
Transworld Business Advisors | A Prospere Company
Location: Durango, CO
Position Available: Business Broker
Compensation: $50,000 to $1,000,000+ | Commission-Based | Uncapped Earning Potential
What We Do Matters
We do not sell widgets. We help business owners exit their life's work with confidence and dignity.
We reward excellence.
65% of our team earns over $100,000 annually 5% earn over $1,000,000 annually Rolex watches are not motivation here. They are byproducts of great work.
This is a commission-based role for professionals who want autonomy, accountability, and the chance to build real wealth by doing meaningful work.
If you want comfort, look elsewhere. If you want impact, ownership, and upside, welcome.
About Us
With more than four decades of excellence, Transworld Business Advisors powered by Prospere Companies is the most dominant business brokerage firm and the number one performing franchise group in the global Transworld network.
With operations across Austin, DFW, Waco, Colorado, and Las Vegas, our team leads the industry in deal volume, total sales, and broker success.
We are not just brokers. We are trusted advisors and market leaders.
Backed by proven systems, elite mentorship, and sophisticated infrastructure, we are seeking top-tier professionals to join our team.
The Opportunity
As a Business Broker, you will advise business owners through the sale of their companies while representing qualified buyers seeking acquisition opportunities.
You will build and manage your own portfolio of clients, guide transactions from valuation through closing, and provide high-level advisory support throughout the process.
Your first milestone is to establish a portfolio of 15 sell-side clients within 15 months.
You will have access to more than 700 active listings, a dedicated internal deal team, and a robust buyer network, allowing you to represent both sellers and buyers.
This is a high-trust, high-responsibility role within the market's leading firm.
What Sets Us Apart
  • Market Leadership
    • Number one Transworld franchise globally in total M&A sales since 2016
  • Unmatched Deal Flow
    • More than 2,000 deals closed in the past decade
    • Transworld did $1.3 Billion in transaction volume last year
  • Proven Infrastructure
    • Full transaction support team House leads and marketing resources Proprietary systems and CRM
  • Elite Training and Mentorship
    • Formal training at our Florida headquarters
    • Ongoing development from our team and top brokers nationwide
  • Scale with Local Power
    • Over 250 offices worldwide Strategic focus on Texas and Mountain West markets
  • Culture of Performance
    • A merit-based, growth-driven team of over 100 professionals across business brokerage, M&A, and commercial real estate

Who We Are Looking For
We seek driven professionals who thrive in high-autonomy, high-reward environments.
Ideal backgrounds include:
  • B2B sales
  • Real estate
  • Finance or investment banking
  • Entrepreneurship or small business ownership

You bring strong relationship-building skills, discipline, and the ability to manage complex, long-cycle transactions.
Core attributes include:
  • Resourceful and growth-oriented
  • Confident building a personal book of business
  • Accountable and self-motivated
  • Passionate about helping business owners maximize their life's work
  • Coachable, collaborative, and long-term focused

What Success Looks Like:
  • Year 1: $50,000 to $150,000
  • Year 2: $150,000 to $300,000
  • Year 3: $500,000 to $750,000
  • Year 4 and beyond: $750,000 to $1,000,000+

Top brokers earn over $1,000,000 annually. This is a performance-driven career with no income ceiling.
What We Offer
  • Uncapped commission structure
  • Structured onboarding and in-depth training
  • In-house marketing and transaction support
  • Qualified house leads and national referral network
  • Private buyer and seller networks
  • Proprietary CRM and deal management tools
  • Industry association memberships
  • A culture built on trust, transparency, and performance
  • Long-term leadership and partnership opportunities

Our Core Values
  • Listen First
  • Lead With Compassion
  • Manage Expectations
  • Own Your Growth
  • Be A Pro

How to Apply
If you are ready to build a high-impact, high-performance career in business brokerage and advisory, we invite you to apply.
Transworld Business Advisors is an equal opportunity organization and a subsidiary of Prospere Companies, the fastest-growing franchise investment platform in the United States.