Salaries: Insurance Agencies and Brokerages (2012-2024)

 

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:
    • 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 employment 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 and employment trends.
    • 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 2024.
    • 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 (e.g., missing data for Colorado in 2024).
    • 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, Appraiser, Examiners, and Investigators

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