Average Late-Career Insurance Broker Salary in Canada

C$51,451
Avg. SalaryShow Hourly Rate
C$2,073
Bonus
C$4,375
Commission
C$2,685
Profit Sharing
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The average salary for a Late-Career Insurance Broker in Canada is C$51,451.
10%
C$39k
10%
C$51k
50%
C$77k
90%
90%
MEDIAN C$51,451
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United States (change)
Salary
C$39k - C$77k
Bonus
C$513 - C$20k
Profit Sharing
C$1k - C$30k
Commission
C$700 - C$15k
Total Pay
C$39k - C$77k

Your Market Worth Over Time

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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

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
Account Manager, Commercial Lines
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Insurance Broker Job Listings

Popular Skills for Insurance Broker

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

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$35,640 based on 74 salaries. An early career Insurance Broker with 1-4 years of experience earns an average total compensation of C$39,285 based on 904 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$45,270 based on 540 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$48,855 based on 551 salaries.
Employees with Insurance Broker in their job title in Vancouver, British Columbia earn an average of 19.6% more than the national average. These job titles also find higher than average salaries in Calgary, Alberta (14.6% more) and Edmonton, Alberta (10.4% more). The lowest salaries can be found in Sarnia, Ontario (20.3% less) and Thunder Bay, Ontario (13.4% less).

Years of Experience

This data is based on 2,069 survey responses.
Entry Level
3.6%
Early Career
43.7%
Mid Career
26.1%
Experienced
26.6%

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