Average Early-Career Insurance Broker Salary in Canada

C$39,285
Avg. SalaryShow Hourly Rate
C$1,546
Bonus
C$1,944
Commission
C$1,100
Profit Sharing
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The average salary for an Early-Career Insurance Broker in Canada is C$39,285.
10%
C$31k
10%
C$39k
50%
C$52k
90%
90%
MEDIAN C$39,285
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United States (change)
Salary
C$31k - C$52k
Bonus
C$207 - C$5k
Profit Sharing
C$8 - C$4k
Commission
C$155 - C$10k
Total Pay
C$31k - C$54k

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.
The top respondents for the job title Insurance Broker are from the companies Hub International, Inc., Western Financial Group and Canada Brokerlink Inc.. Reported salaries are highest at Westland Insurance where the average pay is C$50,421. Other companies that offer high salaries for this role include Canada Brokerlink Inc. and Hub International Barton Insurance Brokers, earning around C$48,729 and C$42,692, respectively. CAA Manitoba pays the lowest at around C$33,479. Cypher Systems Group Inc. and Hub International, Inc. also pay on the lower end of the scale, paying C$33,533 and C$34,360, respectively.

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 Customer Relations and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include 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. 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. In their late career (20 years and higher), employees earn an average total compensation of C$51,451.
Employees with Insurance Broker in their job title in Calgary, Alberta earn an average of 24.2% more than the national average. These job titles also find higher than average salaries in Edmonton, Alberta (16.3% more) and Toronto, Ontario (13.3% more). The lowest salaries can be found in Winnipeg, Manitoba (11.1% less) and Victoria, British Columbia (6.4% less).

Years of Experience

This data is based on 1,496 survey responses.
Entry Level
4.9%
Mid Career
36.1%
Experienced
36.8%
Late Career
22.1%

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