C$41,070
Avg. Salary
C$18.67
Avg. Hourly Rate

Average additional compensation:

C$1,955

Bonus

C$1,400

Profit Sharing

C$3,992

Commission

What am I worth?
How should I pay?

The average pay for an Insurance Agent is C$18.67 per hour.

The average pay for an Insurance Agent is C$41,070 per year.

10%
C$13.97
10%
C$18.67
50%
C$24.90
90%
90%
MEDIAN C$18.67
10%
C$30k
10%
C$41k
50%
C$53k
90%
90%
MEDIAN C$41,070
C$30,427 - C$52,560
C$30K
C$41K
C$53K
MEDIAN: C$41,070
10%
50%
90%
C$13.97 - C$24.90
C$14
C$19
C$25
MEDIAN: C$18.67
10%
50%
90%
C$0C$54K
Salary C$30,427 - C$52,560
Bonus C$491 - C$5,106
Profit Sharing C$99.67 - C$5,817
Commission C$50.68 - C$15,152
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$30,601 - C$54,945
  • Country: Canada
  • Currency: CAD
  • Updated: 23 Aug 2019
  • Individuals Reporting: 428
Hourly Data C$0C$43
Hourly Rate C$13.97 - C$24.90
Overtime C$1.55 - C$43.63
Annual Data C$0C$54K
Bonus C$491 - C$5,106
Commission C$50.68 - C$15,152
Profit Sharing C$99.67 - C$5,817
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$30,601 - C$54,945
  • Country: United States
  • Currency: CAD
  • Updated: 23 Aug 2019
  • Individuals Reporting: 185

Job Description for Insurance Agent

Insurance is a general term for a type of prepaid policy that provides a policy holder with a financial benefit in case of calamity. Common kinds of policies include auto insurance, health insurance, life insurance, long-term disability coverage, and property/renter's insurance. An insurance agent typically sells one or more type of policy from an office environment such as an agency, brokerage firm, or insurance company. Insurance agents who work for a brokerage firm will likely sell policies from several different insurance companies, while those hired by an insurance company serve as salespeople for their company's products.

Read More...
Insurance Agent Tasks
  • Sell insurance policies to businesses or individuals.
  • Utilize referrals, phone calls, mailings, and other forms of advertising to generate new customers.
  • Process the paperwork to enroll customers in policies and calculate premiums.
  • Explain insurance policies to customers and help them customize policies to fit their needs.

Popular Employer Salaries for Insurance Agent

Common Career Paths for Insurance Agent


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Insurance Agent Job Listings

Popular Skills for Insurance Agent

Pay by Experience Level for Insurance Agent

Pay by Experience for an Insurance Agent has a positive trend. An entry-level Insurance Agent with less than 5 years of experience can expect to earn an average total compensation of C$37,000 based on 177 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$44,000 based on 72 salaries. An experienced Insurance Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$49,000 based on 44 salaries. An Insurance Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$51,000 based on 23 salaries.

Pay Difference by Location

18%

12%

10%

-3%

-3%

-6%

-25%

National Average: C$41,381

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

Related Job Salaries

Key Stats for Insurance Agent

Gender

Female
72 %
Male
28 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 101 votes.
Less than 1 year
10%
1-4 years
49%
5-9 years
20%
10-19 years
13%
20 years or more
7%

Experience Affects Insurance Agent Salaries

▲22%

▲19%

▲7%

National Average
C$41,000

▼9%

Skills That Affect Insurance Agent Salaries

▲1%

National Average
C$41,000

▼1%

Customer Service
▼1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 101 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
10%
1-4 years
49%
5-9 years
20%
10-19 years
13%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 76%
vision benefits
Vision: 60%
no benefits
None: 17%