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Broker Manager information

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$26.5K

$77.9K

$136K

How much do broker manager jobs pay per year?

As of Sep 15, 2026, the average yearly pay for broker manager in the United States is $77,935.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $89,000.00 per year, depending on experience, location, and employer.

What is a broker manager?

Broker Managers are professionals responsible for overseeing and supporting a team of brokers within a company, typically in industries like insurance, real estate, or finance. They recruit, train, and manage brokers, set sales targets, and ensure compliance with industry regulations. Broker Managers also develop strategies to increase business, maintain relationships with key clients, and monitor market trends to adapt their team’s approach. Their leadership is crucial for achieving organizational goals and maintaining high performance among brokers.

What are some common challenges faced by broker managers when overseeing a team of brokers?

Broker Managers often encounter challenges such as balancing the diverse skill levels of team members, managing performance metrics, and ensuring compliance with ever-changing regulations. They are also responsible for motivating their team to meet sales targets while fostering a collaborative and ethical work environment. Effective communication and ongoing training are key to overcoming these challenges and supporting both individual and team success.

What are the key skills and qualifications needed to thrive as a broker manager, and why are they important?

To thrive as a Broker Manager, you need expertise in sales management, financial services, and regulatory compliance, often supported by a relevant bachelor's degree and industry certifications such as FINRA licenses. Familiarity with CRM systems, financial analysis tools, and compliance management software is typically required. Strong leadership, negotiation, and relationship-building skills help Broker Managers effectively lead teams and foster client trust. These skills ensure the effective oversight of brokerage operations, regulatory adherence, and the achievement of sales targets in a competitive financial environment.

What is the difference between Broker Manager vs Insurance Agent?

AspectBroker ManagerInsurance Agent
CredentialsLicenses in multiple insurance lines, management experienceState-specific insurance license, sales certification
Work EnvironmentOversees multiple agents or agencies, administrative rolesDirectly sells insurance policies to clients
Employer & Industry UsageInsurance agencies, brokerages, financial firmsInsurance companies, independent agencies
Search & Comparison IntentManagement, leadership, oversight rolesSales, client acquisition, policy selling

The main difference is that a Broker Manager oversees and manages insurance brokers or agents, focusing on team leadership and agency operations, while an Insurance Agent directly sells insurance policies to clients. Both roles require licensing, but the Broker Manager typically has additional management credentials and responsibilities.

Is being a broker manager a high paying job?

Broker managers typically earn a competitive salary that varies based on experience, location, and the size of the firm. They often receive bonuses and commissions related to the performance of their team or brokerage, which can significantly increase total compensation. Overall, it is considered a well-paying role within the financial and real estate industries.
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Cities with the most Broker Manager job openings:

What are the most commonly searched types of Broker jobs?

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Broker Manager jobs near you
Infographic showing various Broker Manager job openings in the United States as of September 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $77,935 per year, or $37.5 per hour.

Licensed Insurance Broker (Manager)

Atlanta, GA • On-site

Alchemy Financial Group
Finance and Insurance • 1 - 10 employees
Learn more about Alchemy Financial Groupexternal

$71K - $155K/yr

Full-time

Medical, Life, Retirement

Re-posted 11 hours ago

Job description

P. R. Financial is an independent marketing organization (IMO) in the financial services industry; specifically in the insurance marketplace. We serve clients by acting as their independent advisor and broker for products in life insurance, health insurance, retirement, annuities, Medicare, senior benefits, and more. P. R. Financial is remaking the industry for agents by agents. Each agent owns their book of business. We would love for you to join us!

Our approach is simple. We believe in our people, we provide them a platform, we train them how to be amazing, mentor them into maturity, and cheer them on the way to becoming our partners. We want partners, not employees. Apply today!

Job Responsibilities:

  • Evaluate new customers' insurance needs, insurance risk, existing coverage, long-term goals, and financial status through consultations to create a tailored experience that exceeds expectations.
  • Provide warm and professional customer service while onboarding new clients and maintain existing clients, including booking appointments, inquiry response, insurance eligibility, claim submissions, questions concerning billing, and insurance policies.
  • Ensure all paperwork is up to date while maintaining records and bookkeeping.

Job Qualifications:

  • Great interpersonal, communication, leadership, and management skills
  • Must be 18 years or older
  • Active driver's license
  • Must be coachable, detail-oriented, and a team player.
  • Possesses outstanding interpersonal and communication skills.
  • An active Life Health insurance license is a strong bonus but not required.
  • Previous customer service preferred

Job Type: Full-time

Pay: $71,078.00 - $155,108.00 per year

Benefits:

  • Flexible schedule
  • Work from home
Employment Type: FULL_TIME

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