Average Insurance Broker Salary in Canada

C$46,485
Avg. Base Salary (CAD)
10%
CA$35k
MEDIAN
CA$46k
90%
CA$63k

The average salary for an Insurance Broker is C$46,485

Base Salary
C$35k - C$63k
Bonus
C$499 - C$6k
Profit Sharing
C$425 - C$10k
Commission
C$496 - C$15k
Total Pay
C$34k - C$65k
Is Average Insurance Broker Salary in Canada your job title? Find out what you should be paid
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What Do Insurance Brokers Do?

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How do Insurance Brokers Rate Their Jobs?

3.7 out of 5
(250)
Highly Satisfied
47Reviews
Based on 250 responses, the job of Insurance Broker has received a job satisfaction rating of 3.68 out of 5. On average, Insurance Brokers are highly satisfied with their job.

FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers?

Our data indicates that the highest pay for an Insurance Broker is CA$63k / year

What is the lowest pay for Insurance Brokers?

Our data indicates that the lowest pay for an Insurance Broker is CA$35k / year

How can Insurance Brokers increase their salary?

Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.