The average salary for an Experienced Insurance Agent in Canada is C$46,960.
Is Insurance Agent your job title? Find out what you should be paid
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C$34k - C$61k
C$507 - C$15k
C$3k - C$34k
C$39k - C$66k
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 that pay less than market rate include Sales, Customer Service and Insurance.
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$38,778 based on 61 salaries. An early career Insurance Agent with 1-4 years of experience earns an average total compensation of C$39,796 based on 313 salaries. A mid-career Insurance Agent with 5-9 years of experience earns an average total compensation of C$44,659 based on 123 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$50,611.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Insurance Agent in their job title in Calgary, Alberta earn an average of 27.8% more than the national average. These job titles also find higher than average salaries in Mississauga, Ontario (9.9% more) and Vancouver, British Columbia (6.5% more). The lowest salaries can be found in Toronto, Ontario (4.2% less).
Years of Experience
This data is based on 541 survey responses.
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