Annual Salary
£20,000 to £65,000
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
Swap to Admin, HR, legal or Finance & accounting or go back to all job sectors
Swap to Admin, HR, legal or Finance & accounting or go back to all job sectors
Insurance brokers use their knowledge of the insurance market to help find the right cover, at the best price, for their customers.
Average UK salary in 2023 was £34,963
(source Office for National Statistics)
You could work: weekends;
There will be
2.9% more Insurance broker jobs in 2027.
In your day-to-day duties you could:
You could work in an office.
You can get into this job through:
You could take a degree before applying for a place on an insurance company's training scheme. Relevant degrees include:
It will help to get some relevant work experience whilst you're studying, for example through an internship.
You'll usually need:
You could get into this this job through an insurance professional higher apprenticeship.
This typically takes about 24 months to complete with a mix of workplace learning and study.
You'll usually need:
Employers often prefer to take on trainees with a minimum of GCSEs at grades 9 to 4 (A* to C), including English and maths, and A levels. IT skills are also important.
You would usually start in one of the following jobs:
You could work your way up to broker as you get experience and insurance industry qualifications, for example, through the Chartered Insurance Institute (CII).
The CII qualifications offer study units relevant to the insurance areas you specialise in, for example marine, commercial or general insurance. Examples of qualifications include:
If you have a degree, you could join a large insurance broking firm's graduate training scheme.
Most degree subjects are accepted, but a business or maths degree may give you an advantage, as there is often a lot of competition for places.
You'll find it useful to have experience in office work, sales or financial customer service.
You could join the Chartered Insurance Institute for professional development and training opportunities.
You can find out more about working in insurance from the Chartered Insurance Institute and Step Forward.
With experience, you could move into account handling, claims broking or a business development role.
You could specialise in an area of insurance, progress into management, or move into other types of insurance work, like loss adjusting, underwriting or compliance.
You'll need: