Average Insurance Broker with Insurance Skills Salary in Canada

C$44,095
Avg. SalaryShow Hourly Rate
C$1,955
Bonus
C$2,418
Commission
C$1,933
Profit Sharing
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The average salary for an Insurance Broker with Insurance skills in Canada is C$44,095.
10%
C$33k
10%
C$44k
50%
C$59k
90%
90%
MEDIAN C$44,095
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United States (change)
Salary
C$33k - C$59k
Bonus
C$305 - C$5k
Profit Sharing
C$493 - C$10k
Commission
C$252 - C$10k
Total Pay
C$33k - C$62k

Your Market Worth Over Time

How has your pay changed over time for your market? Find out by taking our salary quiz.

Job Description for Insurance Broker

Insurance Broker Tasks
  • May refer clients to independent brokers, work as independent broker, or be employed by an insurance company.
  • Sell life, property, casualty, health, automotive, or other types of insurance.
The top respondents for the job title Insurance Broker are from the companies Hub International, Inc., Canada Brokerlink Inc. and Western Financial Group. Reported salaries are highest at Westland Insurance where the average pay is C$50,868. Other companies that offer high salaries for this role include Canada Brokerlink Inc. and Marsh Canada Limited, earning around C$45,451 and C$44,677, respectively. Hub International, Inc. pays the lowest at around C$36,425. Hub International Barton Insurance Brokers and Westland Ltd. also pay on the lower end of the scale, paying C$37,790 and C$40,695, respectively.

Career Paths

Explore the most common career paths for Insurance Broker. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Insurance Broker
Branch Manager, Insurance Office
Account Manager, Commercial Lines
Customer Service Representative (CSR)
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Insurance Broker Job Listings

Popular Skills for Insurance Broker

Skills in Commercial and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations, Sales and Customer Service.

Pay by Experience Level for Insurance Broker

An entry-level Insurance Broker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$35,667 based on 21 salaries. An early career Insurance Broker with 1-4 years of experience earns an average total compensation of C$39,245 based on 492 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$44,776 based on 327 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$48,286 based on 302 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$50,433.
Employees with Insurance Broker in their job title in Calgary, Alberta earn an average of 20.2% more than the national average. These job titles also find higher than average salaries in Ottawa, Ontario (18.3% more) and Edmonton, Alberta (10.9% more). The lowest salaries can be found in Winnipeg, Manitoba (8.2% less).

Years of Experience

This data is based on 1,301 survey responses.
Entry Level
1.6%
Early Career
37.8%
Mid Career
25.1%
Experienced
23.2%
Late Career
12.2%

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