The average salary for an Insurance Broker in Edmonton, Alberta is C$49,099 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. Most people move on to other jobs if they have more than 20 years' experience in this field. A skill in Account Sales is associated with high pay for this job.

C$40,053 - C$66,384
C$40K
C$49K
C$66K
MEDIAN: C$49,250
10%
50%
90%

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Local 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$25KC$50KC$75K
Salary
C$40,053 - C$66,384  
   
Bonus
C$0.00 - C$5,117  
Commission
C$0.00 - C$11,635  
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$37,585 - C$72,096  
Country: Canada | Currency: CAD | Updated: 4 May 2017 | Individuals Reporting: 46

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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 $47,000 based on 26 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 $59,000 based on 16 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $62,000 based on 13 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 $57,000 based on 5 salaries.

Key Stats for Insurance Broker

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
Less than 1 year
4%
1-4 years
45%
5-9 years
20%
10-19 years
20%
20 years or more
10%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

▲15%

Mid-Career
▲9%

Late-Career
▲6%

National Average
C$54,000

▼14%

Skills That Affect Insurance Broker Salaries

Account Sales
▲12%

Customer Relationship Management (CRM)
▲10%

Customer Relations
▲7%

Commercial
▲4%


National Average
C$54,000

▼2%

▼2%

Data Processing
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
20%
10-19 years
20%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 72%
vision benefits
Vision: 56%
no benefits
None: 18%
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