Average Insurance Broker Salary in London, Ontario

C$40,386
Avg. SalaryShow Hourly Rate
C$0
Bonus
C$2,000
Commission
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The average salary for an Insurance Broker in London, Ontario is C$40,386.
10%
C$32k
10%
C$40k
50%
C$55k
90%
90%
MEDIAN C$40,386
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United States (change)
Salary
C$32k - C$55k
Commission
C$350 - C$7k
Total Pay
C$34k - C$59k

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.

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 in Commercial are correlated to pay that is above average. Skills that pay less than market rate include Data Processing, 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$36,000 based on 5 salaries. An early career Insurance Broker with 1-4 years of experience earns an average total compensation of C$36,511 based on 14 salaries. A mid-career Insurance Broker with 5-9 years of experience earns an average total compensation of C$44,291 based on 11 salaries. An experienced Insurance Broker with 10-19 years of experience earns an average total compensation of C$44,305 based on 12 salaries.
Employees with Insurance Broker in their job title in Calgary, Alberta earn an average of 29.7% more than the national average. These job titles also find higher than average salaries in Ottawa, Ontario (23.4% more) and Edmonton, Alberta (22.9% more). The lowest salaries can be found in Winnipeg, Manitoba (0.5% less).

Years of Experience

This data is based on 42 survey responses.
Entry Level
11.9%
Early Career
33.3%
Mid Career
26.2%
Experienced
28.6%

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