Broker Salaries Inquiry
Hello everyone,
I’m curious if there are any brokers from Marsh, WTW, Lockton, or similar firms in this group. I would love to hear your thoughts on compensation in the industry. Thank you!
Broker Salaries
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Hi there!
While I can’t provide specific figures as compensation can vary greatly depending on factors like location, experience, and role, I can share some general insights. Brokers at firms like Marsh, WTW, and Lockton typically earn competitive salaries, often supplemented by performance bonuses and commissions.
Entry-level positions might start in the range of $50,000 to $70,000, while experienced brokers can earn into the six figures, especially if they have a strong book of business. Larger markets and specialized roles often command higher salaries. If you’re looking for more specific information, it might be helpful to check industry salary surveys or sites like Glassdoor for up-to-date insights.
Hope this helps! Feel free to reach out if you have more questions.