The average salary for an Insurance Broker in Winnipeg, Manitoba is C$40,070 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. The skills that increase pay for this job the most are Account Sales, Commercial, and Customer Relations.

C$28,973 - C$55,067
C$29K
C$39K
C$55K
MEDIAN: C$38,860
10%
50%
90%
C$12.65 - C$24.83
C$13
C$16
C$25
MEDIAN: C$15.94
10%
50%
90%
C$0C$58K
Salary C$28,973 - C$55,067
Bonus C$412 - C$3,878
Profit Sharing C$800
Commission C$202 - C$8,726
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$27,744 - C$58,127
  • Country: Canada
  • Currency: CAD
  • Updated: 12 Jan 2018
  • Individuals Reporting: 117
Hourly Data C$0C$26
Hourly Rate C$12.65 - C$24.83
Overtime C$26.44
Annual Data C$0C$58K
Bonus C$412 - C$3,878
Commission C$202 - C$8,726
Profit Sharing C$800
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$27,744 - C$58,127
  • Country: United States
  • Currency: CAD
  • Updated: 12 Jan 2018
  • Individuals Reporting: 50

Job Description for Insurance Broker

Insurance brokers often work as agents of large insurance companies or independently; in either case, they work directly with clients and must have necessary licenses in their states of employment.

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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.

Insurance Broker Job Listings

Pay by Experience Level for Insurance Broker

Pay by Experience for an Insurance Broker has a positive trend. An entry-level Insurance Broker with less than 5 years of experience can expect to earn an average total compensation of C$34,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$43,000 based on 23 salaries. An experienced Insurance Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$46,000 based on 12 salaries. An Insurance Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$57,000 based on 6 salaries.

Key Stats for Insurance Broker

Gender

Female
69 %
Male
31 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
Less than 1 year
4%
1-4 years
49%
5-9 years
23%
10-19 years
17%
20 years or more
8%

Experience Affects Insurance Broker Salaries

Late-Career
▲57%

▲25%

▲17%

National Average
C$36,000

▼6%

Skills That Affect Insurance Broker Salaries

Commercial
▲21%

Account Sales
▲21%



Customer Relationship Management (CRM)
▲16%

Sales
▲15%

▲9%

Software Knowledge
▲6%

Inside Sales
▲6%

National Average
C$36,000

Computer Service
▼1%

Data Processing
▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
4%
1-4 years
49%
5-9 years
23%
10-19 years
17%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
vision benefits
Vision: 47%
no benefits
None: 10%