Insurance intermediary salary

What does an Insurance Broker do?

As an Insurance Broker, you work to sell insurance and provide advice to clients on various insurance solutions. Job responsibilities include analyzing the client's needs, offering tailored insurance products, and negotiating insurance terms. You usually work in an office environment but may also visit clients on-site.

Insurance Broker Salary

What does an Insurance Broker earn? The average salary for the profession is 49 500 SEK per month. There is a clear gender difference in salaries where men earn an average of 54 000 SEK while women earn 45 000 SEK. This means that women earn 83% of what men earn. The hourly wage for an hourly employee in the profession is on average 298 SEK.

Salary Development and Salary Range

We see that the salary development for Insurance Brokers has been positive, with an increase from 47 400 SEK last year to 49 500 SEK this year. The highest salary in the profession is 64,600 SEK and the lowest is 40,700 SEK. These salaries can vary depending on education and experience.

Education and Qualifications

To become an Insurance Broker, a post-secondary education in economics, law, or insurance advising is often required. Practical experience in sales or customer service is also valuable.

Common Benefits

Insurance Brokers can often expect benefits such as a company mobile phone, the possibility of remote work, and ongoing professional development.

Competition and Challenges

According to the Public Employment Service, there is limited data to assess job opportunities for insurance brokers. However, it is important to stay updated with new insurance products and regulations to remain competitive.

Tips for those who want to become Insurance Brokers

For those considering becoming an Insurance Broker, it is important to develop good communication skills and a strong customer focus. Staying updated with industry developments and trends is also crucial.

Career Paths

After a few years of experience as an Insurance Broker, one can advance to roles such as insurance manager or specialized advisor. There is also the opportunity to start your own business as an independent insurance broker.

Future Prospects and Demand

The Public Employment Service does not have enough data to make an accurate forecast for Insurance Brokers, but the profession is part of the broader group of insurance sellers and advisors where demand may vary depending on economic conditions and technological advancements.

Key Facts

• Average salary: 49 500 SEK/month
• Education: Post-secondary education in economics or law
• Work environment: Office work with client meetings

FAQ - Frequently Asked Questions about Insurance Brokers

• What does an Insurance Broker earn? The average salary is 49 500 SEK per month.
• How do you become an Insurance Broker? Through a post-secondary education in economics or law.
• Is it easy to get a job? There is limited data to assess job opportunities.
• Is it stressful to work as an Insurance Broker? The stress level can vary depending on workload and client demands.
• What qualities are important as an Insurance Broker? Good communication skills and a strong customer focus.
• What different types of Insurance Brokers are there? You can work as an employed advisor or as an independent broker.