Insurance Broker Salaries in Canada

Updated May 13, 2022
$49,362 /yr
Average Base Pay

243 salaries

$35K

Low

$49K

Average

$69K

High

Additional Cash Compensation
Average$3,926Range$558 - $27,631

The estimated total pay for a Insurance Broker is $53,288 per year in the Canada area, with an average salary of $49,362 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $3,926 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The typical Insurance Broker salary is $49,362. Salaries can range from $35,698 - $96,971. When factoring in additional pay and benefits, Insurance Broker in Canada can expect their total pay value to be on average $53,288.

What are some related job titles for a Insurance Broker?

Insurance Analyst

$50,502

per year

View SalariesSee Open Jobs

Insurance Agent

$46,130

per year

Insurance Sales

$46,153

per year

Insurance Underwriter

$54,819

per year

Salaries in Canada

Location

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Average Base Salary in (CAD)

Range

HUB International
3.8

HUB International

Insurance Broker

$41,500

 /yr
Range: $31K - $65K
40 salaries
See 42 salaries from all locations

$31K

$65K

$31,467 - $65,000 Range

Brokerlink
4.1

Brokerlink

Insurance Broker

$48,341

 /yr
Range: $39K - $64K

$39K

$64K

$38,500 - $64,080 Range

Western Financial Group
3.4

Western Financial Group

Insurance Broker

$43,408

 /yr
Range: $38K - $76K

$38K

$76K

$37,548 - $75,972 Range

Aon
3.9

Aon

Insurance Broker

$59,735

 /yr
Range: $52K - $106K

$52K

$106K

$52,117 - $105,708 Range

RATESDOTCA
4.1

RATESDOTCA

Insurance Broker

$40,746

 /yr
Range: $40K - $60K

$40K

$60K

$40,000 - $59,687 Range

TD
4.0

TD

Insurance Broker

$52,033

 /yr
Range: $32K - $53K

$32K

$53K

$31,500 - $53,320 Range

Westland Insurance Group
3.3

Westland Insurance Group

Insurance Broker

$52,542

 /yr
Range: $36K - $73K

$36K

$73K

$36,074 - $72,959 Range

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Cypher Systems Group
3.7

Cypher Systems Group

Insurance Broker

$34,465

 /yr
Range: $31K - $41K

$31K

$41K

$31,084 - $40,810 Range

KTX Insurance Brokers

Insurance Broker

$43,178

 /yr
Range: $42K - $51K

$42K

$51K

$42,285 - $50,516 Range

3.6

TD Insurance

Insurance Broker

$52,078

 /yr
Range: $48K - $62K

$48K

$62K

$48,300 - $62,405 Range

Johnston Meier Insurance Agencies Group
2.8

Johnston Meier Insurance Agencies Group

Insurance Broker

$43,146

 /yr
Range: $39K - $50K

$39K

$50K

$39,174 - $50,000 Range

ThinkInsure
3.8

ThinkInsure

Insurance Broker

$51,299

 /yr
Range: $33K - $71K

$33K

$71K

$33,304 - $71,464 Range

Intact
4.4

Intact

Insurance Broker

$61,380

 /yr
Range: $39K - $66K

$39K

$66K

$38,586 - $65,671 Range

Marsh McLennan
4.0

Marsh McLennan

Insurance Broker

$62,274

 /yr
Range: $43K - $130K

$43K

$130K

$43,241 - $129,722 Range

InsureBC
3.1

InsureBC

Insurance Broker

$49,438

 /yr
Range: $38K - $61K

$38K

$61K

$37,522 - $61,245 Range

The Co-operators
4.0

The Co-operators

Insurance Broker

$51,388

 /yr
Range: $36K - $61K

$36K

$61K

$35,663 - $61,058 Range

Allstate
3.5

Allstate

Insurance Broker

$53,637

 /yr
Range: $45K - $63K

$45K

$63K

$45,403 - $62,934 Range

Ontario Teachers Insurance Plan
3.5

Ontario Teachers Insurance Plan

Insurance Broker

$53,227

 /yr
Range: $48K - $59K

$48K

$59K

$48,294 - $58,728 Range

Johnson Insurance
3.6

Johnson Insurance

Insurance Broker

$47,567

 /yr
Range: $42K - $54K

$42K

$54K

$41,691 - $54,408 Range

NFP
3.9

NFP

Insurance Broker

$52,425

 /yr
Range: $45K - $73K

$45K

$73K

$45,000 - $73,423 Range

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Frequently asked questions about an Insurance Broker salaries

The national average salary for an Insurance Broker is $49,362 per year in Canada. Filter by location to see an Insurance Broker salaries in your area. Salaries estimates are based on 243 salaries submitted anonymously to Glassdoor by an Insurance Broker employees.

The highest salary for an Insurance Broker in Canada is $69,339 per year.

The lowest salary for an Insurance Broker in Canada is $35,140 per year.