Average Insurance Broker with Insurance Skills Salary in Toronto, Ontario

C$48,120
Avg. Salary
C$2,543
Bonus
C$600
Commission
C$10,000
Profit Sharing
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The average salary for an Insurance Broker with Insurance skills in Toronto, Ontario is C$48,120.
10%
CA$41k
MEDIAN
CA$48k
90%
CA$82k
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United States (change)
Salary
C$41k - C$82k
Bonus
C$296 - C$35k
Profit Sharing
C$0 - C$10k
Commission
C$482 - C$2k
Total Pay
C$42k - C$87k
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What Do Insurance Brokers Do?

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

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What Are Popular Skills for Insurance Brokers?

Skills in Commercial are correlated to pay that is above average. Skills that pay less than market rate include Data Processing, Customer Relations, Sales and Customer Service.

What is the Pay by Experience Level for Insurance Brokers?

An early career Insurance Broker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$45,291 based on 31 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$45,440 based on 22 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$51,949 based on 18 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$53,646.
Employees with Insurance Broker in their job title in Calgary, Alberta earn an average of 8.8% more than the national average. These job titles also find higher than average salaries in Ottawa, Ontario (8.0% more) and Saskatoon, Saskatchewan (4.3% more). The lowest salaries can be found in Winnipeg, Manitoba (14.5% less), Vancouver, British Columbia (9.3% less) and Regina, Saskatchewan (7.9% less).

Years of Experience

This data is based on 82 survey responses.
Early Career
37.8%
Mid Career
26.8%
Experienced
22.0%
Late Career
13.4%

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