The average salary for an Insurance Sales Agent is C$40,273 per year. People in this job generally don't have more than 20 years' experience.

C$30,731 - C$51,692
C$31K
C$41K
C$52K
MEDIAN: C$40,680
10%
50%
90%
C$14.06 - C$24.79
C$14
C$19
C$25
MEDIAN: C$18.80
10%
50%
90%
C$0C$56K
Salary C$30,731 - C$51,692
Bonus C$298 - C$9,787
Profit Sharing C$1,800
Commission C$500 - C$24,000
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$30,663 - C$56,157
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 249
Hourly Data C$0C$24
Hourly Rate C$14.06 - C$24.79
Overtime C$15.56
Annual Data C$0C$56K
Bonus C$298 - C$9,787
Commission C$500 - C$24,000
Profit Sharing C$1,800
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$30,663 - C$56,157
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 92

Job Description for Insurance Sales Agent

An insurance sales agent is a person who helps individuals choose a policy that most closely fits their needs. The sales agent will typically represent and work for an individual company, but independent agents who represent many smaller insurance entities exist as well. In any event, these sales-oriented employees help to match up individuals with home, car, and life insurance policies that offer acceptable coverage to the consumer and provide a profit to the company. In some cases, the sales agent may also be the first contact when an insured person needs to file a claim.

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Insurance Sales Agent Tasks

  • Sells products that protect businesses or individuals from financial loss.
  • Maintains relationship with clients, and advises of changes in coverage.
  • Prepares reports, seek out new business, and maintains records.
  • Serves as a first contact with the customer.

Insurance Sales Agent Pay By Employer

$0$144K

$30,104

Allstate
51 profiles
$30,972

$29,595

$25,817

Geico
16 profiles
$41,066

$50,615

$42,268

$40,724

$31,837

$35,194

Common Career Paths for Insurance Sales Agent


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Insurance Sales Agent Job Listings

Popular Skills for Insurance Sales Agent

Pay by Experience Level for Insurance Sales Agent

Pay by Experience for an Insurance Sales Agent has a positive trend. An entry-level Insurance Sales Agent with less than 5 years of experience can expect to earn an average total compensation of C$39,000 based on 120 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Sales Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$43,000 based on 33 salaries. An experienced Insurance Sales Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$48,000 based on 30 salaries. An Insurance Sales Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$46,000 based on 9 salaries.

Pay Difference by Location

National Average: C$41,444

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

Related Job Salaries

Key Stats for Insurance Sales Agent

Gender

Female
70 %
Male
30 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.
Less than 1 year
11%
1-4 years
49%
5-9 years
20%
10-19 years
14%
20 years or more
6%

Experience Affects Insurance Sales Agent Salaries

▲15%

Late-Career
▲10%

▲3%

National Average
C$41,000

▼5%

Skills That Affect Insurance Sales Agent Salaries

▲2%

▲1%

National Average
C$41,000

Customer Service
▼1%

Customer Relationship Management (CRM)
▼1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
11%
1-4 years
49%
5-9 years
20%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 83%
vision benefits
Vision: 63%
no benefits
None: 12%