An Insurance Broker in Ottawa, Ontario earns an average salary of C$47,739 per year. A skill in Customer Service is associated with high pay for this job.

C$34,976 - C$66,684
C$35K
C$49K
C$67K
MEDIAN: C$49,127
10%
50%
90%
C$19.50 - C$23.50
C$21
MEDIAN: C$21.02
50%
C$0C$68K
Salary C$34,976 - C$66,684
Bonus C$155 - C$19,392
Profit Sharing C$760
Commission C$0.00 - C$19,727
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$37,261 - C$68,327
  • Country: Canada
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 40
Hourly Data C$0C$23
Hourly Rate C$21.02
Annual Data C$0C$68K
Bonus C$155 - C$19,392
Commission C$0.00 - C$19,727
Profit Sharing C$760
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$37,261 - C$68,327
  • Country: United States
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 5

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.

Read More...

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$42,000 based on 24 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$46,000 based on 16 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$52,000 based on 7 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$58,000 based on 8 salaries.

Key Stats for Insurance Broker

Gender

Female
68 %
Male
32 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
1-4 years
18%
5-9 years
20%
10-19 years
22%
20 years or more
40%

Experience Affects Insurance Broker Salaries

Late-Career
▲14%

Experienced
▲1%

National Average
C$51,000

Mid-Career
▼11%

Entry-Level
▼18%

Skills That Affect Insurance Broker Salaries

Customer Service
▲13%

Commercial
▲4%

National Average
C$51,000

Customer Relationship Management (CRM)
▼4%

Insurance
▼7%

Customer Relations
▼7%

Sales
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

1-4 years
18%
5-9 years
20%
10-19 years
22%
20 years or more
40%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 71%
vision benefits
Vision: 36%
no benefits
None: 11%