An Insurance Broker with Commercial skills earns an average salary of C$49,811 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience.

C$37,358 - C$69,489
C$37K
C$50K
C$69K
MEDIAN: C$49,811
10%
50%
90%

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C$14.74 - C$36.60
C$15
C$19
C$37
MEDIAN: C$19.48
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$26KC$52KC$78K
Salary
C$37,358 - C$69,489  
   
Bonus
C$202.73 - C$6,904  
Profit Sharing
C$3,250  
Commission
C$101.37 - C$13,809  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$35,662 - C$75,080  
Country: Canada | Currency: CAD | Updated: 25 Mar 2017 | Individuals Reporting: 124
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$13C$26C$39
Hourly Rate
C$14.74 - C$36.60  
   
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$26KC$52KC$78K
Bonus
C$202.73 - C$6,904  
   
Commission
C$101.37 - C$13,809  
Profit Sharing
C$3,250  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$35,662 - C$75,080  
Country: United States | Currency: CAD | Updated: 25 Mar 2017 | Individuals Reporting: 14

Find Out Exactly What You Should Be Paid

United States (change)

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Pay by Experience Level for Insurance Broker

Pay by Experience for an Insurance Broker has a positive trend. An entry-level Insurance Broker with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 37 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 46 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 50 salaries. An Insurance Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 34 salaries.

Pay Difference by Location

National Average: C$50,109

Larger city markers indicate a job is popular in that location.

Key Stats for Insurance Broker

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.
Less than 1 year
1%
1-4 years
19%
5-9 years
25%
10-19 years
30%
20 years or more
25%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

Experienced
▲10%

Late-Career
▲5%

▲3%

National Average
C$50,000

Entry-Level
▼19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
25%
10-19 years
30%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 54%
no benefits
None: 14%