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Note Broker Jobs (NOW HIRING)

Mentor junior brokers and support team development. * Conduct property viewings, negotiations, and ... Competitive salary Please note: this is a Direct Search led by Knight Frank. Applications from ...

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Logistics Broker

Indianapolis, IN · Remote

$60K - $200K/yr

Commission-Based About Us 1021 Freight is a growing logistics and freight brokerage firm dedicated ... Submit your resume and a brief note on why you'd be a great fit for this role. We're excited to ...

Senior Excess Casualty Broker

Chicago, IL · On-site

$101K - $120K/yr

The Role The Senior Broker serves as the primary liaison between insurers and clients. This person ... Please note that salaries may vary for different individuals in the same role based on several ...

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Note Broker information

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$25.5K

$66.7K

$117K

How much do note broker jobs pay per year?

As of Jul 1, 2026, the average yearly pay for note broker in the United States is $66,677.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $75,000.00 per year, depending on experience, location, and employer.

What type of broker gets paid the most?

In the brokerage industry, commercial real estate brokers and investment brokers typically earn higher commissions and salaries compared to residential brokers. These roles often require specialized knowledge, licensing, and negotiation skills, and they usually involve larger transactions that result in higher compensation.

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

To thrive as a Note Broker, you need a solid understanding of real estate, finance, and investment principles, often supported by relevant coursework or experience in these fields. Familiarity with tools like mortgage calculators, CRM systems, and legal documentation software is essential for managing transactions and client relationships. Strong negotiation, relationship-building, and analytical skills set top performers apart by enabling effective deal-making and client trust. These skills and qualities are crucial for successfully connecting buyers and sellers of notes and ensuring smooth, compliant transactions in a competitive market.

What are note brokers?

Note brokers are professionals who act as intermediaries in the buying and selling of promissory notes, such as mortgage notes, business notes, or structured settlements. They connect note holders—people who are owed payments—with investors interested in purchasing these payment streams, typically at a discount. Note brokers help facilitate these transactions by evaluating the notes, negotiating terms, and ensuring all legal paperwork is completed. Their role is crucial in providing liquidity for note holders and investment opportunities for buyers.

How much does a mortgage broker make on a $500,000 mortgage?

Mortgage brokers typically earn a commission based on a percentage of the loan amount, often around 0.5% to 1%. For a $500,000 mortgage, this could translate to $2,500 to $5,000 in commission, though actual earnings vary depending on the broker's agreements and the lender's policies.

What is the difference between Note Broker vs Loan Officer?

AspectNote BrokerLoan Officer
Required CredentialsTypically no formal licensing, but industry knowledge helpsRequires licensing (e.g., NMLS), certifications often preferred
Work EnvironmentIndependent, brokerage firms, online platformsBanks, credit unions, mortgage companies
Industry UsageFacilitates buying/selling notes, investment transactionsOriginates loans for borrowers, works directly with clients

While both Note Brokers and Loan Officers operate within the lending industry, Note Brokers primarily facilitate the buying and selling of existing notes and investments, often working independently or through brokerages. Loan Officers focus on originating new loans for borrowers, typically working for financial institutions. Understanding these differences helps clarify career paths and client interactions in the lending sector.

How to become a note broker?

To become a note broker, you should gain knowledge of the note industry, understand financial and legal aspects of promissory notes, and develop sales and negotiation skills. Many note brokers obtain relevant training or certifications and build a network of investors and buyers to facilitate transactions.

What are some common challenges Note Brokers face when sourcing new clients or notes?

One common challenge Note Brokers encounter is identifying reliable sources for high-quality notes in a competitive marketplace. Many brokers must continuously network with real estate professionals, investors, and financial institutions to find notes that meet buyer criteria. Building trust with sellers and ensuring due diligence on the notes' legitimacy is crucial, as is staying updated on industry regulations and market trends. Persistence and strong relationship-building skills are essential for long-term success in this field.

What does a note broker do?

A note broker facilitates the buying and selling of promissory notes, which are debt instruments representing loans. They connect investors with note sellers, evaluate the value of notes, and often require knowledge of financial analysis and relevant regulations. Their work involves assessing note quality, negotiating deals, and ensuring proper documentation.
More about Note Broker jobs
What states have the most Note Broker jobs? States with the most job openings for Note Broker jobs include:
Infographic showing various Note Broker job openings in the United States as of June 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $66,677 per year, or $32.1 per hour.
Senior Broker - Construction

Senior Broker - Construction

Willis Towers Watson

Chicago, IL • On-site

$200K - $250K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 43 frontline employees who took The Breakroom Quiz

39th of 146 rated financial services


Job description


Broker, Construction
Corporate Risk & Broking
We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results
Broker oversees day-to-day placement and broking responsibilities for North American Construction accounts including new business development; develops business relationships with retail producers and markets; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports for distribution; assists regional teams with RFP and new business proposal development, and performs other duties as assigned.
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
The Broker is recognized by the client, client advocate team and the insurance marketplace as the day-to-day broker, negotiating terms and conditions of various Construction liability coverages on behalf of clients.
The Responsibilities
  • Manages broking responsibilities for a book of new and recurring/annual policies as well as individual project placements. Primary focus on Construction Casualty insurance products for contractors, owner/developers, and design professionals
  • May be required to place additional lines of coverage as applicable to client/account/project including Property, Builders Risk, Inland Marine etc.
  • Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers
  • Obtains and distributes information from client and/or producing office
  • Assists or may lead front end sales/RFP efforts
  • Prepares/oversees creation of proposals, submissions and quotes
  • Responsible for running and interpreting financial analytical models
  • Evaluates and develops coverage confirmation for review
  • Reviews binders for accuracy and completeness
  • Maintain and develop business relationships with producers and senior underwriting contacts
  • Maintains knowledge of insurance carriers and their business practice
  • Participates in continuing education to maintain license and industry credentials

Qualifications
The Requirements
  • Insurance broker's P&C license will be required
  • Risk Management/Insurance degree preferred
  • 7-15 years of experience minimum
  • Has in-depth knowledge of the design and construction industry, and construction based casualty liability insurance products
  • Possesses casualty liability coverage expertise (GL/WC/Auto/Umb/Excess)
  • Demonstrated knowledge of core insurance principles & can provide explanation to clients
  • Demonstrated excellence in negotiation skills and influence skills are critical
  • Demonstrated ability in conflict resolution and selling skills are a plus
  • Attention to detail and process orientation
  • Exposure to Excel formulas and spreadsheet creation/manipulation a plus
  • Understanding of required placement workflows
  • Self-starter/requires minimal supervision
  • Will seek guidance when needed
  • Solid presentation skills-written or oral

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $200,000.00-$250,000.00 USD annually.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans' eligibility requirements.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets

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