Average Insurance Broker with Commercial Skills Salary in Canada

C$49,524
Avg. SalaryShow Hourly Rate
C$1,983
Bonus
C$4,045
Commission
C$1,526
Profit Sharing
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The average salary for an Insurance Broker with Commercial skills in Canada is C$49,524.
10%
C$37k
10%
C$50k
50%
C$68k
90%
90%
MEDIAN C$49,524
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United States (change)
Salary
C$37k - C$68k
Bonus
C$309 - C$10k
Profit Sharing
C$986 - C$10k
Commission
C$365 - C$14k
Total Pay
C$37k - C$73k

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.

Popular Employer Salaries for Insurance Broker

The top respondents for the job title Insurance Broker are from the companies Aon Reed Stenhouse Inc., Hub International, Inc. and Western Financial Group. Reported salaries are highest at Hub International, Inc. where the average pay is C$60,000. Western Financial Group pays the lowest at around C$41,494.

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 that pay less than market rate include Customer Relationship Management (CRM), Customer Relations, Sales, Customer Service and Insurance.

Pay by Experience Level for Insurance Broker

An early career Insurance Broker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$44,401 based on 68 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$49,468 based on 74 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$53,565 based on 87 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$52,685.
Employees with Insurance Broker in their job title in Vancouver, British Columbia earn an average of 21.2% more than the national average. These job titles also find higher than average salaries in Montréal, Québec (20.7% more) and Toronto, Ontario (17.0% more). The lowest salaries can be found in Winnipeg, Manitoba (8.9% less).

Years of Experience

This data is based on 287 survey responses.
Early Career
23.7%
Mid Career
25.8%
Experienced
30.3%
Late Career
20.2%

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