The average pay for an Insurance Broker in Toronto, Ontario is C$48,462 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

C$36,888 - C$66,242
C$37K
C$48K
C$66K
MEDIAN: C$48,462
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$23KC$46KC$69K
Salary
C$36,888 - C$66,242  
   
Bonus
C$783 - C$3,575  
Profit Sharing
C$750  
Commission
C$0.00 - C$14,544  
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$37,123 - C$66,242  
Country: Canada | Currency: CAD | Updated: 25 Mar 2017 | Individuals Reporting: 93

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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 $45,000 based on 51 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 $51,000 based on 31 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $53,000 based on 20 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 $56,000 based on 9 salaries.

Key Stats for Insurance Broker

Gender

Female
65 %
Male
35 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.
Less than 1 year
2%
1-4 years
42%
5-9 years
27%
10-19 years
19%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Broker Salaries

▲14%

▲8%

▲3%

National Average
C$49,000

▼9%

Skills That Affect Insurance Broker Salaries

▲9%

Inside Sales
▲7%


National Average
C$49,000

▼2%

Software Knowledge
▼5%


Customer Relations
▼9%

▼11%

Customer Relationship Management (CRM)
▼11%

Data Processing
▼11%

Account Sales
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
2%
1-4 years
42%
5-9 years
27%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 69%
vision benefits
Vision: 53%
no benefits
None: 19%