Average Entry-Level Insurance Broker Salary in Canada

C$35,640
Avg. SalaryShow Hourly Rate
C$1,024
Bonus
C$1,229
Commission
C$506
Profit Sharing
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The average salary for an Entry-Level Insurance Broker in Canada is C$35,640.
10%
C$29k
10%
C$36k
50%
C$45k
90%
90%
MEDIAN C$35,640
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United States (change)
Salary
C$29k - C$45k
Bonus
C$102 - C$5k
Profit Sharing
C$484 - C$2k
Commission
C$400 - C$10k
Total Pay
C$29k - C$47k

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 Insurance and Sales are correlated to pay that is above average. Skills that pay less than market rate include Software Knowledge, Customer Relationship Management (CRM) and Customer Service.

Pay by Experience Level for Insurance Broker

An early career Insurance Broker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) 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. In their late career (20 years and higher), employees earn an average total compensation of C$51,451.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 2,326 survey responses.
Early Career
38.9%
Mid Career
23.2%
Experienced
23.7%
Late Career
14.2%

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