Insurance Broker Salary Canada

Average Canadian Insurance Agent's and Broker's Salary :: Insurance Agents' and Brokers' Wages in Canada

The table below details the hourly wages for Insurance Agents and Brokers. The Canadian national occupation classification code (NOC) for this employment is 6231.

Job titles and exact duties vary in this occupation and examples of some job titles are: insurance agent, insurance broker and insurance sales representative.

The pay information below has been split into rough bands as follows:

• Low pay: The bottom 10 percent of workers earn this.
• High pay: The top 10 percent of workers earn this.
• Average pay: The average wage in this sector after removing the bottom 10 percent and the top 10 percent of workers. Average pay is then calculated on the remaining 80 percent of workers' wages.

According to the latest figures, the highest hourly average wages are earned in Saskatoon, Saskatchewan at $23.60 per hour and the lowest average wages are earned in Fredericton, New Brunswick at $14.03 per hour.

A typical full-time annual salary for this occupation is in the region of $35,000 - $45,000.

The largest sector of employment for insurance agents and brokers is finance and insurance. The average weekly earnings for the finance and insurance sector as a whole were $1119.94 in January 2012, an increase of 4.5% on the previous year. Assuming an average working week of 36 hours, hourly average earnings in the sector for January 2012 are $31.10.

Average Hourly Wages for
Insurance Agents and Brokers in Canada