The average salary for a Late-Career Insurance Broker in Canada is C$51,451.
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C$39k - C$77k
C$513 - C$20k
C$1k - C$30k
C$700 - C$15k
C$39k - C$77k
Your Market Worth Over Time
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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. Insurance brokers provide insurance quotes via phone, online, or in-person. They must assess consumers’ individual needs prior to providing quotes and may need to conduct valuations of properties or businesses to be insured. They may also take photographs, obtain inspection reports, and compare cov…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.
Popular Employer Salaries for Insurance Broker
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.
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.
Pay Difference by Location
Learn more about cost of living by city.
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.
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