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Note Broker Jobs (NOW HIRING)

Ferrari Express Inc

CUSTOMS BROKER ENRTY CLERK

Miami, FL · On-site

$20 - $23/hr

Customs Broker Entry Clerk Company: Ferrari Express Inc. Location: Miami, FL Department: Imports ... Note This in no way states or implies that these are the only duties to be performed by the ...

Willis Towers Watson

Property Broker

Manhattan, NY · On-site

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this ... Insurance broker's P&C license required * Insurance industry designations preferred but not ...

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$25.5K

$66.7K

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How much do note broker jobs pay per year?

As of Jun 7, 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 job makes $10,000 a month without a degree?

A note broker can potentially earn $10,000 or more per month by facilitating the sale of promissory notes, often requiring strong sales skills, industry knowledge, and networking. Success depends on deal volume, commission rates, and experience, with some brokers reaching high earnings without formal degrees.

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.

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.

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.
More about Note Broker jobs
What states have the most Note Broker jobs? States with the most job openings for Note Broker jobs include:
What job categories do people searching Note Broker jobs look for? The top searched job categories for Note Broker jobs are:
Note Broker jobs near you
Infographic showing various Note Broker job openings in the United States as of May 2026, with employment types broken down into 86% Full Time, 7% Part Time, and 7% Contract. Highlights an 66% In-person, 7% Hybrid, and 27% Remote job distribution, with an average salary of $66,677 per year, or $32.1 per hour.
SENIOR UNDERWRITER- BROKER ASSUMED REINSURANCE

SENIOR UNDERWRITER- BROKER ASSUMED REINSURANCE

Grinnell Mutual Reinsurance

Grinnell, IA • On-site, Remote

$89K - $154K/yr

Other

Posted 6 days ago

Job description

Overview
The Senior Underwriter - Broker Assumed Reinsurance, under the guidance of the Director - Broker Assumed Reinsurance Underwriting and AVP - Reinsurance Underwriting, is responsible for underwriting a portfolio of Broker Assumed Reinsurance accounts. The Senior Underwriter develops and maintains long-term business relationships with reinsurance brokers and ceding company executive and management leadership to support profitable business opportunities and reinsurance solutions in the marketplace.
This position qualifies for our flexible workplace options. Work at our Grinnell, Iowa, headquarters or from a home office in any of the following states: Alabama, Arizona, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia, Wisconsin, and Wyoming. Please note that candidates must be eligible to work in the U.S. without Grinnell Mutual sponsorship.
Responsibilities
  • Manages a portfolio of assumed reinsurance business by developing short and long-term goals, strategies, and processes. Responsible for executing all aspects of reinsurance underwriting through implementation and support of these strategic plans.

  • Underwrites broker produced reinsurance business and supports the underwriting performance of more junior underwriting staff and underwriting support staff as needed.

  • Develops and maintains positive relationships with brokers and client companies and serves as a point of contact. Coordinates and attends broker and client relationship events as necessary. Actively markets Grinnell and its reinsurance products with reinsurance brokers to generate new business opportunities and expand Grinnell participation on existing reinsurance programs.

  • Accountable for the thorough evaluation of underwriting submissions and pricing of reinsurance programs, provides quotes and authorizes contracts. Utilizes catastrophe modeling and actuarial pricing teams to evaluate submissions.

  • In partnership with reinsurance brokers, coordinates, and conducts underwriting, claim, and administrative audits on an as needed basis.

  • Negotiates contract terms with brokers in partnership with internal legal counsel as appropriate.

  • Collaborates on division and corporate projects with cross-functional teams when necessary to achieve optimal results for reinsurance and corporate business objectives. Provides resources, research, and guidance from an area of expertise.

  • Cultivates a culture of continuous improvement within the division by seeking opportunities to improve processes and efficiencies.

  • Maintains a thorough understanding of relevant industry and business trends, key company financial indicators, best practices, regulations, and professional skills. Applies knowledge to achieve optimal underwriting results.

  • All other duties as assigned.

Qualifications
  • Bachelor's degree from an accredited college or university with three (3) to five (5) years of property and casualty reinsurance underwriting related experience and a demonstrated skill set in best practices related to the reinsurance industry, or equivalent combination of education and experience.
    Experience working with reinsurance brokers is preferred.

  • Industry designations preferred (e.g. ARe, CPCU, ARM, CFA, CPA, FCAS) or actively pursuing industry designations.

  • Experience underwriting Property and Casualty Insurance and Reinsurance, to include Property Catastrophe, Property Aggregate Excess, Per Risk, Quota Share and Multi-Line Excess and Casualty Excess Reinsurance Programs.

  • Analytical and problem-solving skills to evaluate risk and potential profitability of accounts.

  • Experience with reinsurance pricing methods including exposure and experience analysis for Property and Casualty exposures.

  • Knowledge of third-party catastrophe modeling software products, their applicability to underwriting reinsurance business and evolution over time.

  • Ability to communicate persuasively, both orally and written, to professionally present information to a variety of groups and forums and present on topics as requested.

  • Demonstrated aptitude to make effective decisions using personal judgment, experience, facts, and figures to resolve problems and make decisions.

  • Demonstrated ability to achieve consensus by involving stakeholders in the decision-making process to maintain relationships and mutual understanding.

  • Ability to work effectively and relate well with internal and external customers. Ability to exhibit a professional manner in dealing with and working to maintain constructive working relationship by utilizing good interpersonal communication skills. Ability to work in a harmonious manner with subordinates, co-employees, and supervisors.

  • Must possess working knowledge of standard office equipment. Computer skills must include basic skills in Microsoft Office suite with advanced knowledge of Excel and simulation software.

  • Ability to maintain a valid driver's license and adhere to fleet safety policy. Ability to travel throughout the US to meet with reinsurance brokers and client companies 10-20% of business days, including overnight travel, is required.

  • Must be able to maintain confidentiality and proprietary information.

  • Requires regular and predictable attendance to meet the customer needs of the position.

  • Demonstrated ability to adhere to all Grinnell Mutual policies.

  • Demonstrated ability to incorporate Grinnell Mutual core values in all areas of work.

Compensation
The salary range for the position is $89,150.00 - $154,000.00. For a list of benefits, click here.
Working conditions and physical efforts
To perform this job successfully, an individual must be able to perform each job duty and responsibility satisfactorily. Reasonable accommodation may be provided to enable individuals with disabilities to perform job duties and responsibilities.
The Senior Underwriter - Broker Assumed Reinsurance may be required to work outside of normal business hours including occasional weekends and extended hours to meet deadlines associated with the position.
• The position can operate within a typical office setting located in an office or in a remote home office. The noise level in the work environment is usually quiet. The position requires an individual to sit for long periods of time. The position may require frequent and extended time on the telephone and visual acuity to work on the computer for extended periods of time.
• This role has frequent external customer contact with senior level management of client companies and reinsurance brokers.
• Frequently work with all levels of employees in the organization.
This job description is not intended to describe, in detail, the multitude of tasks that may be assigned, but rather to give the employee a general sense of the responsibilities and expectations of the position. As the nature of the business demands change, so too may the job duties and responsibilities.
Grinnell Mutual is an Equal Opportunity Employer in accordance with applicable state and federal laws.

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