There are provided a photoelectric conversion element and a photoelectric conversion element module including the photoelectric conversion element, the photoelectric conversion element including a transparent substrate, a first and second transparent conductive layer arranged on the transparent substrate, a photoelectric conversion layer arranged on the first transparent conductive layer, a porous insulating layer covering the photoelectric conversion layer, a reflective layer arranged on the porous insulating layer, and a counter conductive layer that are arranged on the reflective layer, in which the photoelectric conversion layer contains a porous semiconductor, a carrier-transport material, and a photosensitizer, and in which an area of the orthogonal projection of the porous insulating layer onto the transparent substrate and an area of the orthogonal projection of the reflective layer onto the transparent substrate are each larger than an area of the orthogonal projection of the photoelectric conversion layer onto the transparent substrate.