Compensation Research
 
Compensation Research
    Home Contact Us Recruitment Site Map
CONTENTS
Our Salary Surveys
Roles Covered
Countries
Survey Methodologies
NEWS

Insurance Broking Profession Remuneration Survey

UK

Participating Organisations 11 Last report published July 2007
Jobholders 9,968 Next report due Summer 2008

The Insurance Broking Profession Remuneration Survey examines pay among most of the leading global insurance broking organisastions based in the UK. The survey focuses on most client-facing and other jobs and provides a detailed picture of the Retail, Wholesale and Reinsurance broking markets.

Roles covered by this survey
Separate remuneration analyses are performed for each of the following roles:
  • Claims Brokers
  • Placing Brokers
  • Client Managers
  • Technician/Client Handling jobs, with separate analyses for:
    • Accounting Specialists
    • Broker Backup/Support
    • Claims Handling Specialists
    • Credit Controllers
    • Generalist Client Handlers
    • Premiums Specialists
    • Treaty Specialists
    • Wordings Specialists

Analyses produced
All analyses are conducted according to job-level. There are 4 job-levels in this survey (5 levels for technician/client handling roles).

All pay analyses show Base Salary, Total Cash and Total Remuneration statistics.

In addition to the main national analysis of all jobs, the survey reports feature:
  • Analysis by role area
  • Analysis by market (Retail, Wholesale, Reinsurance)
  • Analysis by insurance class (9 insurance classes are separately analysed)
  • Regional analyses
  • Variable cash analysis
  • Major components of the benefits package
Other analyses are described in the full survey specification, available upon request
Survey reports
Reports are produced annually and are available only to participants.
Analyses are available in electronic format. Each participant receives electronic output showing how their own practice compares to the market.

Methodologies & job-matching
Click here to read about our job-matching, analysis and presentation methodologies and techniques.

Confidentiality
Individual subscriber practices are not identifiable in our surveys.