Insurance Broker with Risk Management / Risk Control Skills Salary (Canada)

The average salary for an Insurance Broker with Risk Management / Risk Control skills is C$45,755 per year.

C$34,314 - C$62,014
C$34K
C$45K
C$62K
MEDIAN: C$45,268
10%
50%
90%
C$13.09 - C$26.81
C$13
C$19
C$27
MEDIAN: C$19.50
10%
50%
90%
C$0C$65K
Salary C$34,314 - C$62,014
Bonus C$306 - C$6,851
Profit Sharing C$1,000
Commission C$99.33 - C$15,817
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$34,326 - C$65,802
  • Country: Canada
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 163
Hourly Data C$0C$49
Hourly Rate C$13.09 - C$26.81
Overtime C$38.00
Annual Data C$0C$65K
Bonus C$306 - C$6,851
Commission C$99.33 - C$15,817
Profit Sharing C$1,000
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$34,326 - C$65,802
  • Country: United States
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 20

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.

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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 43 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 31 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$48,000 based on 22 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$57,000 based on 12 salaries.

Pay Difference by Location

National Average: C$45,862

Larger city markers indicate a job is popular in that location.

Key Stats for Insurance Broker

Gender

Female
74 %
Male
26 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 43 votes.
Less than 1 year
1%
1-4 years
37%
5-9 years
31%
10-19 years
19%
20 years or more
13%

Experience Affects Insurance Broker Salaries

Late-Career
▲25%

Experienced
▲6%

Mid-Career
▲1%

National Average
C$46,000

Entry-Level
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 43 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
1%
1-4 years
37%
5-9 years
31%
10-19 years
19%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 73%
vision benefits
Vision: 55%
no benefits
None: 17%