Commercial Insurance Broker

Also called: Account Executive (Insurance)

Helps businesses buy the right insurance, from factories and trucking fleets to hospitals.

A day in the life

You walk through a client's food plant to understand its risks, then shop its $2 million insurance program to five insurers and negotiate a better deal.

Pay over a career

Starting
$55k
Typical
$95k
High
$220k

Commission and bonus can push top brokers well into six figures.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in business or risk management; state licenses.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Risk Management & Insurance, Business Administration.

Outlook

Growing about average (about 4% over 10 years). Tracks insurance sales agents.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. AI fills applications and compares quotes; advising businesses on complex coverage and negotiating renewals stays human.

Start now, in high school

Classes: Business class, Speech and Debate, AP Statistics.

Official data: O*NET occupation 41-3021.

More Insurance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.