Home > Salary > Norway > 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: 1,485,373 NOK
Estimated Monthly Salary: 123,781 NOK
Estimated Weekly Salary: 28,565 NOK per week
Estimated Hourly Salary: 714 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 119,288 NOK
Estimated Weekly Salary: 27,528 NOK per week
Estimated Hourly Salary: 688 NOK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 134,934 USD
Estimated Monthly Salary: 11,245 USD
Estimated Weekly Salary: 2,595 USD per week
Estimated Hourly Salary: 65 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: 1,485,373 NOK
Estimated Monthly Salary: 123,781 NOK
Estimated Weekly Salary: 28,565 NOK per week
Estimated Hourly Salary: 714 NOK per hour
By working as Insurance Broker a person can save up to 7,424 USD per month or 89,089 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Broker salary in Norway
Average Yearly Salary of Insurance Broker in Norway is approximately 1,485,373 NOK (134,934 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: 1,485,373 NOK
Estimated Monthly Salary: 123,781 NOK
Estimated Weekly Salary: 28,565 NOK per week
Estimated Hourly Salary: 714 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,431,452 NOKEstimated Monthly Salary: 119,288 NOK
Estimated Weekly Salary: 27,528 NOK per week
Estimated Hourly Salary: 688 NOK per hour
Last revision of data: 2024-01-05Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 134,934 USD
Estimated Monthly Salary: 11,245 USD
Estimated Weekly Salary: 2,595 USD per week
Estimated Hourly Salary: 65 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
Compare salary to other countries
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Country:
Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Norway.
Comparison shows that a person working as Insurance Broker in Norway earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Norway.
Comparison shows that a person working as Insurance Broker in Norway earns on average:
1.52 times the average salary (or 152% 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 1,633,910 NOK and 2,153,791 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,485,373 NOK
Estimated Monthly Salary: 123,781 NOK
Estimated Weekly Salary: 28,565 NOK per week
Estimated Hourly Salary: 714 NOK per hour
By working as Insurance Broker a person can save up to 7,424 USD per month or 89,089 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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
Sweden is 88,543 USD
Finland is 76,863 USD
Russia is 18,074 USD
Denmark is 102,929 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Trading analyst (1,420,001 NOK per year, pre-tax.)
Customer service scheduling analyst call center (520,581 NOK per year, pre-tax.)
Senior solar photovoltaic (pv), design engineer (941,038 NOK per year, pre-tax.)
Operations coordinator logistics (830,512 NOK per year, pre-tax.)
National sales assistant (558,710 NOK per year, pre-tax.)
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