Salaries: Insurance Agencies and Brokerages (2012-2025)

 

Salaries: Insurance Agencies and Brokerages Dashboard

This dashboard gives a clear view of salary trends for key roles in insurance agencies and brokerages across the US. Explore average, median, and percentile wages by occupation, state, and year for both broad and detailed compensation analysis.


Scope and Limitations

  • Industry Coverage:
    • Cross-Industry (NAICS 000000): Use this filter to view salary data across all surveyed U.S. industries combined, including private sector and all levels of government. This is the broadest available benchmark for comparing insurance and finance roles against the wider national labor market. Note: this does not include establishments in Crop Production (NAICS 111), Animal Production (NAICS 112), Fishing, Hunting, and Trapping (NAICS 114), and Private Households (NAICS 814), as these are excluded from the OEWS survey.
    • Finance and Insurance (NAICS 52): Use this filter for aggregate data across all finance-related sectors, including insurance. Ideal for macro-level comparisons or tracking salary trends in financial services.
    • Insurance Carriers and Related Activities (NAICS 524000): Select this for a broad view of the insurance sector, covering carriers, agencies, brokerages, claims adjusting, and related support services. Useful for sector-wide wage trends.
    • Insurance Carriers (NAICS 524100): Use this filter for data specific to companies that underwrite and issue insurance policies directly. Useful for comparing carrier compensation against agencies and brokerages.
    • Insurance Agencies and Brokerages (NAICS 524210): Focuses specifically on agents, brokers, and intermediary firms. Use this for detailed, occupation-specific salary data within agency operations.
  • Data Coverage:
    • Includes annual salary data from 2012 to 2025.
    • Covers a range of roles, from Chief Executives to Claims Adjusters and Insurance Sales Agents.
    • State-level and national averages are provided.
    • All salary figures are in USD.
  • Limitations:
    • Some states or roles may have incomplete data for certain years.
    • Percentile data (25th, median, 75th) may not be available for all occupations or years.

Key Metrics

  • Average Salary:
    The mean annual wage for each occupation, state, or industry segment.
  • Median and Percentiles (25th | 75th):
    Shows the middle value and the spread of salaries, helping to understand wage distribution and identify outliers.
  • State and National Averages:
    Compare how salaries differ across states and against the national average.
  • Occupation-Specific Data:
    Drill down to see compensation for roles like Chief Executives, Actuaries, Data Scientists, Insurance Sales Agents, Claims Adjusters, Appraisers, Examiners, and Investigators.

Source: U.S. Bureau of Labor Statistics. Occupational Employment and Wage Statistics (OEWS) Tables : U.S. Bureau of Labor Statistics