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Insurance Broker Jobs in Elgin, IL (NOW HIRING)

Minimum of 15+ years of insurance brokerage and/or underwriting experience * Effective working knowledge of carrier underwriting practices & processes. * Proven client facing skills including ...

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty ...

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty ...

Inside Broker

Chicago, IL · On-site

$100K/yr

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty ...

Full Senior Freight Broker The Opportunity: Company is hiring a Senior Freight Broker to join the ... Vision insurance Experience: * Logistics sales: 1 year (Required)

Associate Broker

Chicago, IL · On-site

$75K - $85K/yr

... of insurance products - we're ready for even the most complex placements. We are the industry ... Learn more about us at amwins.com.  Join our Amwins Brokerage team in Chicago as an Associate ...

Showing results 21-40

Insurance Broker information

See Elgin, IL salary details

$38.6K

$86.2K

$117.6K

How much do insurance broker jobs pay per year?

As of Aug 8, 2026, the average yearly pay for insurance broker in Elgin, IL is $86,221.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,100.00 and $98,900.00 per year, depending on experience, location, and employer.

How much do insurance brokers usually make?

Insurance brokers typically earn a median annual salary of around $50,000 to $70,000, with top earners making over $100,000 through commissions and bonuses. Income varies based on experience, location, client base, and sales performance, and brokers often need licensing and strong sales skills.

How difficult is it to be an insurance broker?

Becoming an insurance broker requires obtaining necessary licenses, which involves passing state exams, and developing sales and customer service skills. The role can be competitive and often involves working flexible hours to meet client needs and build a client base.

What are some common challenges insurance brokers face when balancing client needs with insurer requirements?

Insurance Brokers often navigate the challenge of aligning their clients’ unique coverage needs with the specific underwriting guidelines and product offerings of various insurers. This can require strong negotiation skills, in-depth product knowledge, and the ability to communicate complex policy details to clients in an understandable way. Brokers must also manage multiple client accounts simultaneously, ensuring timely renewals and claims support while adhering to regulatory requirements. Building strong relationships with both clients and insurers is key to overcoming these challenges and providing effective service.

What does an insurance broker do?

Insurance brokers are professionals in the insurance industry who sell, solicit, and negotiate insurance for a living. They are regulated by the state and must meet certain licensing requirements to do business in their state. Insurance brokers are professional advisers, representing and working on behalf of their clients. Brokers help clients understand their risks and advise them on which assets merit insurance and which do not. Insurance brokers may have industry specializations as well. Keep in mind that insurance brokers are not actual insurers; they are the liaisons between the insurance companies and clients and work on the client’s behalf.

Is insurance broker a good career?

An insurance broker is a professional who sells insurance policies and advises clients on coverage options, often working independently or for agencies. The career offers opportunities for commission-based income, requires strong sales and communication skills, and typically involves obtaining relevant licenses. Job stability and earnings can vary based on experience, location, and market conditions.

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

To thrive as an Insurance Broker, you need a solid understanding of insurance products, risk assessment, and sales techniques, typically supported by relevant licenses such as a state insurance broker license. Familiarity with customer relationship management (CRM) software, quoting platforms, and industry databases is essential for effective client management and policy research. Excellent interpersonal skills, negotiation abilities, and ethical judgment help build trust and long-term relationships with clients. These skills are crucial for matching clients with suitable coverage, navigating regulatory requirements, and achieving sales targets in a competitive industry.

What is the difference between Insurance Broker vs Insurance Agent?

AspectInsurance BrokerInsurance Agent
CredentialsLicensing required; often independentLicensing required; typically tied to specific companies
Work EnvironmentWorks independently or with multiple insurersRepresents one insurer or a few
Employer & Industry UsageIndependent or brokerage firms; broader industry roleInsurance companies; direct sales
Comparison IntentFinds policies across multiple insurers for clientsPromotes policies from a specific insurer

Insurance brokers act as independent advisors, offering clients a variety of policies from multiple insurers, while insurance agents typically represent a single insurer and sell its products. Both roles require licensing, but brokers often have a broader scope and work with multiple companies, providing more options for clients.

What is an insurance broker?

Insurance brokers are professionals who act as intermediaries between clients and insurance companies. They help individuals and businesses find the most suitable insurance policies by comparing offerings from multiple insurers. Brokers assess clients' needs, provide expert advice, and negotiate policy terms to ensure comprehensive coverage at competitive prices. Unlike insurance agents, brokers represent the interests of the client rather than the insurance company.
What are popular job titles related to Insurance Broker jobs in Elgin, IL? For Insurance Broker jobs in Elgin, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Broker jobs in Elgin, IL look for? The top searched job categories for Insurance Broker jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Insurance Broker jobs? Cities near Elgin, IL with the most Insurance Broker job openings:
Infographic showing various Insurance Broker job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 19% Part Time, 1% Temporary, and 4% Contract. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $86,221 per year, or $41.5 per hour.

$173K - $225K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago


Aon rating

8.1

Company rating: 8.1 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

59th of 150 rated financial services


Job description

Our Life Science Practice is looking for a Senior Broker

As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions for our clients as part of our Life Science Practice Group. This position is available anywhere in the continental U.S.

Your Impact as a Broker

Job Responsibilities:

  • Responsible for broking/placing Clinical Trials, Products Liability, Errors & Omissions Liability, and Excess Liability
  • Market new and renewal business, handling all aspects of the placements from initial market selection through policy delivery to client.
  • Demonstrate effective negotiation skills on behalf of clients and prospects.
  • Ensure that placements are handled timely and correctly
  • Develop productive business relationships with key insurance underwriters and Aon local office teams
  • Identify and analyze prospect and client exposures.
  • Coordinate activities with other internal units as required to meet customer needs.
  • Create presentations such as Renewal Strategies and Coverage Proposals.
  • Responsible for planning, scheduling, resourcing and executing complex projects/programs.
  • Frequently interacts with senior level colleagues and clients, normally involving matters between functional areas, other company divisions or units, or clients and the company.
Minimum Skills and Qualifications
  • Attention to detail, ability to multi-task, exceptional organizational skills, ability to present complex insurance programs.
  • Minimum of 15+ years of insurance brokerage and/or underwriting experience
  • Effective working knowledge of carrier underwriting practices & processes.
  • Proven client facing skills including effective presentations & communications.
  • Strong interpersonal skills, with the ability to interact effectively at various levels in the organization.
  • Ability to independently manage a dynamic book of clients
  • Successfully operates in a fast-paced driven environment that requires the ability to handle multiple tasks simultaneously.
  • Must maintain appropriate Broker’s and Surplus Lines licenses.
Education:
  • Bachelor’s degree, or the equivalent

The salary range for this position is $173,500 - $225,600 annually. This salary range is an estimate and the actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

How we support our colleagues

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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2581704Qualifications:UNAVAILABLEEducation:UNAVAILABLEEmployment Type: FULL_TIME

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About Aon

Sourced by ZipRecruiter

Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Industry

Business management consulting

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1992