An Insurance Agent in Vancouver, British Columbia earns an average salary of C$40,695 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, salary increases somewhat, but any additional experience does not have a big effect on pay.

C$29,799 - C$55,524
C$30K
C$42K
C$56K
MEDIAN: C$41,813
10%
50%
90%
C$11.74 - C$21.87
C$12
C$16
C$22
MEDIAN: C$16.48
10%
50%
90%
C$0C$55K
Salary C$29,799 - C$55,524
Bonus C$750
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$25,958 - C$54,347
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 38
Hourly Data C$0C$21
Hourly Rate C$11.74 - C$21.87
Overtime C$19.00
Annual Data C$0C$54K
Bonus C$750
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$25,958 - C$54,347
  • Country: United States
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 16

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.

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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.

Insurance Agent Job Listings

Key Stats for Insurance Agent

Gender

Female
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
Less than 1 year
15%
1-4 years
35%
5-9 years
24%
10-19 years
19%
20 years or more
7%

Experience Affects Insurance Agent Salaries

Experienced
▲13%

Mid-Career
▲13%

National Average
C$40,000

Entry-Level
▼6%

Skills That Affect Insurance Agent Salaries

Customer Service
▲10%

Sales
▲7%

National Average
C$40,000

Insurance
▼3%

Job Satisfaction

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

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
15%
1-4 years
35%
5-9 years
24%
10-19 years
19%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 61%
vision benefits
Vision: 55%
no benefits
None: 23%