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Broker Compensation Representative Jobs in Boca Raton, FL

Northwestern Mutual

Financial Advisor

Fort Lauderdale, FL · On-site

$137K - $250K/yr

On your path to becoming a financial advisor, you start as a financial representative focused on ... Compensation & Benefits * Performance-based earnings and revenue1: * A verage advisor annual ...

Northwestern Mutual

Financial Advisor

Boca Raton, FL · On-site

$137K - $250K/yr

On your path to becoming a financial advisor, you start as a financial representative focused on ... Compensation & Benefits * Performance-based earnings and revenue1: * A verage advisor annual ...

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All JobsBroker Compensation Representative JobsBroker Compensation Representative Jobs in Boca Raton, FL

Broker Compensation Representative information

See Boca Raton, FL salary details

$23.3K

$42K

$73.1K

How much do broker compensation representative jobs pay per year?

As of Sep 6, 2026, the average yearly pay for broker compensation representative in Boca Raton, FL is $41,962.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,600.00 and $40,800.00 per year, depending on experience, location, and employer.

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.

What are the key skills and qualifications needed to thrive as a broker compensation representative?

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 are popular job titles related to Broker Compensation Representative jobs in Boca Raton, FL?

For Broker Compensation Representative jobs in Boca Raton, FL, the most frequently searched job titles are:

What job categories do people searching Broker Compensation Representative jobs in Boca Raton, FL look for?

The top searched job categories for Broker Compensation Representative jobs in Boca Raton, FL are:

What cities near Boca Raton, FL are hiring for Broker Compensation Representative jobs?

Cities near Boca Raton, FL with the most Broker Compensation Representative job openings:

Broker Compensation Representative jobs near you

220, 2044 or 440 Licensed Insurance Sales Representative

Freeway Insurance

West Palm Beach, FL

$15 - $18/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Freeway Insurance rating

8.2

Company rating: 8.2 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

147th of 315 rated insurance

Job description

We are GROWING and we are searching for you!

The Pay Range for an Insurance Sales Representative is $15 - $18 / hourly

Our Compensation package includes a competitive base salary + monthly uncapped commissions + renewal commissions + monthly bonus incentives

What We Offer:

  • No cold calling involved
  • Uncapped commission potential
  • Lucrative bonus opportunities including performance-based bonuses and sales competitions
  • Continuous on-going training and mentorship
  • Growth-oriented culture with internal promotion opportunities
  • Comprehensive Benefits package including medical, dental, vision, and life insurance
  • Comprehensive 401K plan with competitive employer match
  • Paid time off including holidays, vacation, and personal time
  • Annual incentive trip for top performers
  • Fitness perks: Corporate discounts and/or reimbursements to gyms are available, makes staying active more accessible.
  • Employee Assistance Program: Confidential assistance to you or anyone in your household who is experiencing personal or professional problems — at no cost.
  • Extra Perks: Access to disability, hospital indemnity, universal life, critical illness, and accident insurance plans. We even offer pet insurance.

Our Company:

Confie and its family of companies- Freeway Insurance, Acceptance Insurance, Southern Harvest, InsureOne, Bluefire & others - is one of the largest privately held insurance brokers in the United States and has been ranked the #1 Personal Lines Agency by the Insurance Journal for the tenth straight year! With over 1250 locations with retail locations across 27 states and licensed providers for all states, we encourage you to take your career and income potential to new heights! We are proactively looking for bright, talented, and motivated individuals who are goal oriented and excited for career advancement. Come Grow With Us!

What You Will Do:

As an Insurance Agent, you will be responsible primarily for the sale of nonstandard auto insurance to new and existing customers.

  • Solicit new business and maintain current business levels in order to achieve or exceed sales production goals.
  • Expand business by proactively building relationships with existing customers to meet the agreed upon production goals.
  • Accurate accounting of all currency transactions as well as timely delivery of deposits to the bank with scanned documentation in agency management system.
  • Connects very quickly; builds and leverages client relationships. Ability to educate and advise the customer on which products best fit their needs

The Perfect Match:

  • Personal Lines or Property and Casualty license preferred (but not required)
  • Bilingual in English and Spanish preferred
  • Sales or customer service experience
  • High School Diploma or GED
  • Ability to build relationships with sales customers
  • Excellent follow-up and multi-tasking skills
  • Ambitious professional motivated by opportunity for advancement
  • Excellent written and verbal communication skills

Location: On Site

Insurance Sales
Insurance Agent
Hiring Immediately
Freeway Insurance

What Freeway Insurance employees say

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Benefits

Hours and flexibility

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