The average salary for an Insurance Broker in Vancouver, British Columbia is C$44,923.
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What Do Insurance Brokers Do?
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.
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
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Branch Manager, Insurance Office
Account Manager, Commercial Lines
Customer Service Representative (CSR)
Somewhat common (8 - 20%)
Insurance Broker Job Listings
What Are Popular Skills for Insurance Brokers?
Skills in Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Customer Relations, Sales, Customer Service and Insurance.
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$40,036 based on 52 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$50,841 based on 31 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$59,774 based on 18 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$61,539.
Pay Difference by Location
Employees with Insurance Broker in their job title in Calgary, Alberta earn an average of 15.6% more than the national average. These job titles also find higher than average salaries in Montréal, Québec (10.1% more) and Edmonton, Alberta (9.7% more). The lowest salaries can be found in Winnipeg, Manitoba (8.3% less).
Years of Experience
This data is based on 119 survey responses.
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