Home > Salary > Israel > Insurance Broker
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Estimated Yearly Salary: 308,281 ILS
Estimated Monthly Salary: 25,690 ILS
Estimated Weekly Salary: 5,928 ILS per week
Estimated Hourly Salary: 148 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,820 ILS
Estimated Weekly Salary: 5,728 ILS per week
Estimated Hourly Salary: 143 ILS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 77,211 USD
Estimated Monthly Salary: 6,434 USD
Estimated Weekly Salary: 1,485 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 308,281 ILS
Estimated Monthly Salary: 25,690 ILS
Estimated Weekly Salary: 5,928 ILS per week
Estimated Hourly Salary: 148 ILS per hour
By working as Insurance Broker a person can save up to 4,248 USD per month or 50,979 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Estimated Yearly Salary for Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
It business systems analyst (288,038 ILS per year, pre-tax.)
Mail clerk or mail machine operator (but not postal service) (131,052 ILS per year, pre-tax.)
Ehr systems analyst (356,802 ILS per year, pre-tax.)
Managing director private equity investments (610,694 ILS per year, pre-tax.)
Ux architect (305,348 ILS per year, pre-tax.)
Insurance Broker salary in Israel
Average Yearly Salary of Insurance Broker in Israel is approximately 308,281 ILS (77,211 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Broker do?
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Skills: Insurance, Brokerage, Risk management, Client service, Insurance policies, Intermediary.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Broker make?
Salary details
How much does Insurance Broker make?Estimated Yearly Salary: 308,281 ILS
Estimated Monthly Salary: 25,690 ILS
Estimated Weekly Salary: 5,928 ILS per week
Estimated Hourly Salary: 148 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 297,844 ILSEstimated Monthly Salary: 24,820 ILS
Estimated Weekly Salary: 5,728 ILS per week
Estimated Hourly Salary: 143 ILS per hour
Last revision of data: 2024-01-06Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 77,211 USD
Estimated Monthly Salary: 6,434 USD
Estimated Weekly Salary: 1,485 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Israel.
Comparison shows that a person working as Insurance Broker in Israel earns on average:
1.6 times the average salary (or 160% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Israel.
Comparison shows that a person working as Insurance Broker in Israel earns on average:
1.6 times the average salary (or 160% of average salary).
Is Insurance Broker a well paid job?
Yes, our data shows that Insurance Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Broker?
High salary for Insurance Broker would be somewhere between 339,109 ILS and 447,007 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker in Israel?
Living in Israel the approximate monthly expenses are: 2,186 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 308,281 ILS
Estimated Monthly Salary: 25,690 ILS
Estimated Weekly Salary: 5,928 ILS per week
Estimated Hourly Salary: 148 ILS per hour
By working as Insurance Broker a person can save up to 4,248 USD per month or 50,979 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Broker
Lebanon is 11,665 USD
Syria is 5,171 USD
Jordan is 13,439 USD
Egypt is 5,783 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
It business systems analyst (288,038 ILS per year, pre-tax.)
Mail clerk or mail machine operator (but not postal service) (131,052 ILS per year, pre-tax.)
Ehr systems analyst (356,802 ILS per year, pre-tax.)
Managing director private equity investments (610,694 ILS per year, pre-tax.)
Ux architect (305,348 ILS per year, pre-tax.)
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