What does an insurance broker earn?

The average salary is 51,300 SEK/month, but earnings vary depending on experience, education, and employer.

What education is required to become an insurance broker?

Typically, post-secondary education in economics or law is required, along with industry-specific certifications.

Are there salary differences between women and men?

Yes, women earn on average 85% of what men do in the profession.

What is the job market like for insurance brokers?

There are 758 job openings in the profession, indicating good demand.

What personal qualities are important?

Analytical skills, proactive communication, service-mindedness, and patience are valuable qualities.

What is the highest and lowest salary for an insurance broker?

The highest salary is 65,700 SEK/month and the lowest is 42,300 SEK/month, depending on education, experience, and employer.

Insurance brokers salary

55 000 SEK

Insurance salespeople and advisors

Latest available salary statistics are for 2025. Compare average pay, salary range and related job listings.

44 800 - 73 300 SEK / month

Women earn 84% of what men do.

Administration, ekonomi

Average salary 55 000 SEK/month Monthly gross salary

Salary range 44 800 - 73 300 SEK Latest available range Data year 2025 Latest published dataset

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Salary trend About the role What does an insurance broker do? – Responsibilities and work environment Salary development over time Insurance broker salary – comprehensive overview Open jobs Related occupations About the data FAQ

Salary progression Insurance brokers

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What does an insurance broker do? – Responsibilities and work environment

An insurance broker analyzes clients' insurance needs, compares various insurance solutions, and mediates the most suitable products from different insurance companies. Tasks include advising, preparing quotes, negotiating with insurers, and drafting insurance agreements. Contact with both corporate and private clients is central, and the profession requires great accuracy and the ability to handle complex information. The work mainly takes place in an office environment, where digital tools and phones are key work tools, but meetings with clients often occur both in person and digitally.

Salary development over time

Insurance brokers have seen a steady increase in average salary over recent years. In 2022, the average salary was 47,400 SEK, which increased to 51 300 SEK in 2023 and reached 55 000 SEK in 2024. This represents a total salary increase of approximately 8.2% over three years. The development reflects an increased demand for qualified advice within the insurance industry, as well as the growing complexity of insurance products. Salary growth has been somewhat faster than the average for similar professions, largely explained by the increased importance of personalized advice and specialized knowledge. Market demands for higher education levels and certifications have also contributed to pushing up salaries.

Insurance broker salary – comprehensive overview

Average salary: 55 000 SEK/month
Lowest salary: 42,300 SEK/month
Highest salary: 65,700 SEK/month
Hourly wage (average): 309 SEK
Women’s average salary: 50 200 SEK/month
Men’s average salary: 59 500 SEK/month
Women earn: 84% of men’s salary

Education and qualifications

The path to becoming an insurance broker often involves university studies in economics or law, supplemented with industry-specific training and certifications. Employers prefer candidates with sales or advisory experience, as well as good knowledge of economics and insurance law. Internships and trainee programs are common parts of establishing oneself in the job market.

Formal education: Economics or law degree (3 years or more)
Certifications: SwedSec licensing or equivalent
Internships: Recommended, often through trainee programs at insurance companies or brokerage firms
Prerequisites: High school diploma with focus on economics or social studies
Courses: Specialization in insurance law and advisory skills

Many insurance brokers build strong long-term client relationships, where trust and personal service are crucial for success. It is not uncommon for the same broker to follow their clients through different life stages and changing needs.

– statsskuld.se

Common benefits and compensations

Insurance brokers are often offered performance-based bonuses in addition to base salary, as well as benefits such as occupational pension, wellness allowance, and sometimes private health insurance. Access to internal training and professional development is also common, along with flexible working hours and the possibility of remote work depending on the employer.

Competition and challenges

The profession of insurance broker is characterized by high competition, requiring constant updating on legislation, products, and market trends. Digitalization has changed working conditions, with increased transparency and more comparison services, which demands deeper advice and personal service. Finding and retaining clients requires both business acumen and the ability to build long-term relationships. Additionally, the profession involves extensive regulations and documentation requirements, which can be perceived as administratively demanding. For driven and service-oriented individuals, there are good opportunities for career advancement.

Tips for those who want to become insurance brokers

To succeed as an insurance broker, it is good to combine analytical skills with a strong sense of service. Being attentive is crucial to understanding customers' real needs and proposing suitable solutions. Building a network early and actively seeking internships or trainee programs to gain industry insight is recommended. Self-discipline and goal orientation help manage both sales targets and complex regulations. A communicative personality helps build trust with clients and colleagues. Engagement in further education and certification increases chances of standing out in the job market. Finally, patience is an important trait, as success often requires time and perseverance.

Key facts about insurance brokers

Educational level: Post-secondary education (3 years or more recommended)
Work environment: Office-based with client meetings digitally and in person
Work form: Full-time, often with bonus-based salary
Demand: 758 job openings within the profession
Gender differences: Women earn 84% of men's salary

Career paths and future prospects

After three to five years in the profession, an insurance broker can advance to senior advisor, team leader, or specialize in areas such as corporate insurance or pension solutions. Opportunities also exist to become a partner in brokerage firms or take on leading roles within insurance companies. The employment agency’s forecast for the profession is uncertain due to limited data, but indications point to continued demand, especially for those with specialized skills and experience. Digitalization and advice on complex issues are expected to drive the need for qualified insurance brokers, even as simpler services are automated.

Frequently asked questions about insurance brokers

What does an insurance broker earn?
- The average salary is 55 000 SEK/month, but earnings vary depending on experience, education, and employer.
What education is required to become an insurance broker?
- Typically, post-secondary education in economics or law, along with industry-specific certifications.
Are there salary differences between women and men?
- Yes, women earn on average 84% of what men do in the profession.
What is the job market like for insurance brokers?
- There are 758 job openings in the profession, indicating good demand.
What personal qualities are important?
- Analytical ability, proactive communication, service-mindedness, and patience are valuable qualities.
What is the highest and lowest salary for an insurance broker?
- The highest salary is 65,700 SEK/month and the lowest is 42,300 SEK/month, depending on education, experience, and employer.

Richard Andersson - 2025-08-08 22:30:32

Occupation

Salary distributed by age and sector

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28900 kr	30000 kr
25-34	83%	43700 kr	45300 kr
35-44	83%	55900 kr	58000 kr
45-54	82%	62900 kr	65300 kr
55-64	77%	60900 kr	63100 kr
Snitt	84%	53000 kr	55000 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28900 kr	30000 kr
25-34	83%	43700 kr	45300 kr
35-44	83%	55900 kr	58000 kr
45-54	82%	62900 kr	65300 kr
55-64	77%	60900 kr	63100 kr
Snitt	84%	53000 kr	55000 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28900 kr	30000 kr
25-34	83%	43700 kr	45300 kr
35-44	83%	55900 kr	58000 kr
45-54	82%	62900 kr	65300 kr
55-64	77%	60900 kr	63100 kr
Snitt	84%	53000 kr	55000 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	29100 kr	30100 kr
25-34	83%	47300 kr	48900 kr
35-44	83%	60500 kr	62900 kr
45-54	82%	69000 kr	71800 kr
55-64	77%	69200 kr	72200 kr
Snitt	84%	57300 kr	59500 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	29100 kr	30100 kr
25-34	83%	47300 kr	48900 kr
35-44	83%	60500 kr	62900 kr
45-54	82%	69000 kr	71800 kr
55-64	77%	69200 kr	72200 kr
Snitt	84%	57300 kr	59500 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	29100 kr	30100 kr
25-34	83%	47300 kr	48900 kr
35-44	83%	60500 kr	62900 kr
45-54	82%	69000 kr	71800 kr
55-64	77%	69200 kr	72200 kr
Snitt	84%	57300 kr	59500 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28800 kr	30000 kr
25-34	83%	39000 kr	40600 kr
35-44	83%	50600 kr	52500 kr
45-54	82%	57100 kr	59000 kr
55-64	77%	54000 kr	55700 kr
Snitt	84%	48500 kr	50200 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28800 kr	30000 kr
25-34	83%	39000 kr	40600 kr
35-44	83%	50600 kr	52500 kr
45-54	82%	57100 kr	59000 kr
55-64	77%	54000 kr	55700 kr
Snitt	84%	48500 kr	50200 kr

Age	Women's salary as a percentage of men's	Base salary	Monthly salary
18-24	100%	28800 kr	30000 kr
25-34	83%	39000 kr	40600 kr
35-44	83%	50600 kr	52500 kr
45-54	82%	57100 kr	59000 kr
55-64	77%	54000 kr	55700 kr
Snitt	84%	48500 kr	50200 kr

* Empty columns indicate that the statistical data was insufficient to allow for a statistically significant conclusion.

Salary per sector

Salary based on education

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About the data

All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.

All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.

Profession Insurance brokers has the SSYK code 3321, which we use to match against the SCB database to obtain the latest salary statistics.