Home > Salary > Spain > 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: 44,818 EUR
Estimated Monthly Salary: 3,735 EUR
Estimated Weekly Salary: 862 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,597 EUR
Estimated Weekly Salary: 830 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 44,681 USD
Estimated Monthly Salary: 3,723 USD
Estimated Weekly Salary: 859 USD per week
Estimated Hourly Salary: 21 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: 44,818 EUR
Estimated Monthly Salary: 3,735 EUR
Estimated Weekly Salary: 862 EUR per week
Estimated Hourly Salary: 22 EUR per hour
By working as Insurance Broker a person can save up to 2,456 USD per month or 29,475 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 Spain, see costs of living in Spain.
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 Spain
Average Yearly Salary of Insurance Broker in Spain is approximately 44,818 EUR (44,681 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: 44,818 EUR
Estimated Monthly Salary: 3,735 EUR
Estimated Weekly Salary: 862 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 43,164 EUREstimated Monthly Salary: 3,597 EUR
Estimated Weekly Salary: 830 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-07Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,681 USD
Estimated Monthly Salary: 3,723 USD
Estimated Weekly Salary: 859 USD per week
Estimated Hourly Salary: 21 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
Spain is a vibrant country located in southwestern Europe, occupying the majority of the Iberian Peninsula. With a population of approximately 47 million people, it is the sixth-largest country in Europe. Spain covers an area of about 505,990 square kilometers, making it the fourth-largest country on the continent.
Estimated national average yearly salary is 28,867 EUR (31,680 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Spain.
Comparison shows that a person working as Insurance Broker in Spain earns on average:
1.55 times the average salary (or 155% of average salary).
Estimated national average yearly salary is 28,867 EUR (31,680 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Spain.
Comparison shows that a person working as Insurance Broker in Spain earns on average:
1.55 times the average salary (or 155% 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 49,300 EUR and 64,986 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker in Spain?
Living in Spain the approximate monthly expenses are: 1,267 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: 44,818 EUR
Estimated Monthly Salary: 3,735 EUR
Estimated Weekly Salary: 862 EUR per week
Estimated Hourly Salary: 22 EUR per hour
By working as Insurance Broker a person can save up to 2,456 USD per month or 29,475 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 Spain, see costs of living in Spain.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Portugal, France, orra, Gibraltar, Morocco. 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
Portugal is 36,297 USD
France is 64,516 USD
Morocco is 21,111 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 Spain
(331,206 EUR per year, pre-tax.)
2. Cardiologist
(275,428 EUR per year, pre-tax.)
(265,344 EUR per year, pre-tax.)
4. Neurosurgeon
(257,501 EUR per year, pre-tax.)
(257,200 EUR per year, pre-tax.)
6. Urologist
(251,720 EUR per year, pre-tax.)
(251,190 EUR per year, pre-tax.)
(250,735 EUR per year, pre-tax.)
(250,685 EUR per year, pre-tax.)
10. Oncologist
(250,519 EUR per year, pre-tax.)
Data as of 2025Random salary:
Vice president (vp), sales marketing (84,226 EUR per year, pre-tax.)
Vice president (vp), revenue cycle management (100,966 EUR per year, pre-tax.)
Construction materials tester (17,898 EUR per year, pre-tax.)
Dairy lead (16,861 EUR per year, pre-tax.)
Cable construction technician (26,058 EUR per year, pre-tax.)
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