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  1. Home
  2. Occupation eligibility
  3. SOC 3531

Brokers SOC 3531

Brokers (SOC 3531, also written as job code 3531) qualifies for UK Skilled Worker visa sponsorship. Your employer must pay at least the going rate of £52,400 per year. Scroll down for salary benchmarks, the visa rules, and live jobs from licensed sponsors.

Not sure if SOC 3531 applies to your situation?

The answer above is the general rule. Your case can be different if you already hold a visa and are extending or switching, if you were sponsored before a rule change, or depending on your salary. Our AI assistant can explain the full rules from gov.uk guidance.

Ask AI about SOC 3531

What does a broker do?

Brokers deal in commodities, stocks, shares and foreign exchange on behalf of clients or on own account, broker insurance and reinsurance, and buy and sell shipping and freight space.

Typical tasks

  • advises client on the suitability of insurance schemes and places insurance on behalf of client
  • discusses buying and or selling requirements of client and gives advice accordingly
  • analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of investments
  • records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs
  • provides independent advice on the suitability of insurance schemes and places insurance on behalf of client
  • arranges the production of auction catalogues, fixes reserve prices, attends auction and bids on behalf of client, or negotiates purchase/sale by private treaty of goods not sold at auction
  • obtains cargo space, fixes freight charges and signs and issues bills of loading
  • collects freight charges from client and undertakes all necessary formalities concerning customs and the loading/unloading of cargo

Typical entry routes and qualifications

There are no formal academic requirements although many employers require entrants to possess a degree or equivalent qualification. Training is typically undertaken in-house, although entrants may attend courses run by professional institutions. Registration with a regulatory authority may be required in some positions.

Visa sponsorship requirements

Eligible
Sponsorship
Higher Skilled
Skill level
RQF Level 6+
£52,400
Going rate · year
New entrant rate (graduates & under 26s): £36,700/year · See who qualifies

UK market salary · ASHE 2025

What brokers earn in the UK

£49,816
basic median, full-time▲ 17.7% YoY

UK market basic pay at a glance

ASHE 2025

How visa salary requirements compare to what employers pay.

10th £28,080p10£28k25th £34,736p25£35kmedian £49,816med£50k~75th £64,896~p75£65k
huntukvisasponsors.com
SOC 3531
£41,700 thresholdthreshold£42knew entrant £36,680–£47,160new entrant£37k–£47kgoing rate £52,400going rate£52k

Most brokers in the UK earn between £34,736 and ~£64,896 in basic pay. For Skilled Worker visa holders, the minimum salary (going rate) for this role is £52,400 (SOC 3531), sitting above the 90th percentile of what UK employers pay and £2,584 above the median.

All figures are before tax. Calculate your take-home pay.

Comparing with an offer back home? Try the UK vs home country calculator.

Small sample. Use with caution.

Source: ONS ASHE 2025 provisional, Table 14. Sample: ~20k UK jobs. Full-time employees only. Figures show basic pay (excluding bonus, commission, and overtime), which the Home Office uses for Skilled Worker visa salary checks. The "going rate" is the minimum basic salary a Skilled Worker visa sponsor must pay for this occupation code.

Source & methodology

Source: ONS ASHE 2025 provisional, Table 14. Sample: ~20k UK jobs. Full-time employees only. Figures show basic pay (excluding bonus, commission, and overtime), which the Home Office uses for Skilled Worker visa salary checks. The "going rate" is the minimum basic salary a Skilled Worker visa sponsor must pay for this occupation code.

How to get sponsored as a broker

  1. 1

    Find a licensed sponsor on Hunt UK Visa Sponsors

    Browse our register of UK companies with an active sponsor licence. Filter by industry, size, sponsor rating, and whether they're currently hiring brokers, so you only apply where a visa is actually on the table.

    Browse licensed sponsors
  2. 2

    Confirm the salary meets the £52,400 going rate

    Your employer must pay whichever is higher: the going rate for SOC 3531 (£52,400) or the general Skilled Worker threshold of £41,700 per year.

    New entrants and ISL roles may qualify for a lower rate. See the New entrant & discount rates section below.

  3. 3

    Receive a Certificate of Sponsorship

    Your sponsor issues a Certificate of Sponsorship (CoS), a reference number the Home Office uses to check the job offer, salary, and duties line up with an eligible SOC code.

  4. 4

    Apply for a Skilled Worker visa at gov.uk

    Submit the Skilled Worker visa application online within 3 months of your CoS assignment date. You'll also book a biometric appointment and pay the immigration health surcharge.

    Apply on gov.uk
  5. 5

    Move to the UK and start work

    Travel to the UK before your CoS start date and begin working for the sponsor named on the certificate.

New entrant & discount rates

If you're under 26, switching from a Student visa, or a recent UK graduate, your employer can pay the new entrant rate of £36,700 per year for up to 4 years.

Continuously sponsored as a Skilled Worker since before 4 April 2024? Lower thresholds apply: £40,000 standard, or £28,000 as a new entrant.

Roles under SOC 3531

TraderCommodity brokers and tradersInsurance and mortgage brokersShipbrokersStockbrokersBrokers

Recent jobs under SOC 3531

No current listings under SOC 3531.
Browse all sponsor jobs

Related occupations

Other Skilled Worker-eligible roles in the same SOC minor group (353xx):

3532Insurance underwritersGoing rate £36,5003534Financial accounts managersGoing rate £44,7003533Financial and accounting techniciansGoing rate £48,700

Frequently asked questions

Can brokers get a UK Skilled Worker visa?

Yes. Brokers roles fall under SOC 3531 (Higher Skilled), so they qualify for Skilled Worker visa sponsorship. Your employer will need a sponsor licence and must pay at least the going rate for this occupation.

What is job code 3531?

Job code 3531, SOC code 3531 and occupation code 3531 all refer to the same thing: the Standard Occupational Classification (SOC 2020) unit group covering brokers. The Home Office uses this 4-digit code on a Certificate of Sponsorship to check Skilled Worker visa eligibility and to set the going rate salary threshold for the role.

What salary do brokers need for visa sponsorship?

The going rate for Brokers (SOC 3531) is £52,400 (£26.87 per hour). Occupation rate applies. Your employer must pay whichever is higher: this going rate or the general Skilled Worker threshold of £41,700 per year.

What job titles are covered by SOC 3531?

SOC 3531 covers a range of brokers roles, including: Commodity brokers and traders, Insurance and mortgage brokers, Shipbrokers, Stockbrokers, Brokers not elsewhere classified.. Keep in mind that the Home Office matches jobs by duties rather than title alone. Two roles with the same title can fall under different SOC codes depending on the actual work involved.

Is there a lower salary for new graduates entering brokers roles?

Yes. If you're under 26, a recent graduate, a PhD student, or switching from a Student or Graduate visa, you count as a "new entrant". For Brokers (SOC 3531) the new entrant minimum is £36,700 per year, based on the Home Office's published lower going rate and the £33,400 new entrant threshold. The discount lasts up to 4 years in total.

Where can I find brokers jobs with UK visa sponsorship?

We list Brokers roles from companies with a Home Office sponsor licence. Scroll down to see what's currently open, or search our full jobs database for more visa-sponsored positions across the UK.

This information is provided as guidance only and should not be treated as legal advice. Eligibility criteria and salary thresholds are based on the latest published government data. Always verify with the official UK government guidance or seek professional immigration advice.