The average salary for an Insurance Agent in Toronto, Ontario is C$42,503.
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C$35k - C$55k
C$395 - C$12k
C$0 - C$1k
C$0 - C$4k
C$35k - C$57k
Your Market Worth Over Time
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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 policie…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.
Insurance Agent Job Listings
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Popular Skills for Insurance Agent
Skills in Customer Service, Insurance and Sales are correlated to pay that is above average.
Pay by Experience Level for Insurance Agent
An entry-level Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$39,443 based on 5 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of C$40,157 based on 20 salaries. A mid-career Insurance Agent with 5-9 years of experience earns an average total compensation of C$43,000 based on 11 salaries. An experienced Insurance Agent with 10-19 years of experience earns an average total compensation of C$45,009 based on 7 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Insurance Agent in their job title in Edmonton, Alberta earn an average of 12.4% more than the national average. These job titles also find higher than average salaries in Calgary, Alberta (6.0% more). The lowest salaries can be found in Surrey, British Columbia (5.9% less), Victoria, British Columbia (5.6% less) and Mississauga, Ontario (1.9% less).
Years of Experience
This data is based on 43 survey responses.
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