How much does a Insurance Broker make?

Updated Jun 11, 2021
CA$49k /yr
Average Base Pay

195 salaries

CA$35k

Low

CA$49k

Average

CA$69k

High

No additional cash compensation has been reported for this role

The national average salary for a Insurance Broker is $48,982 in Canada. Filter by location to see Insurance Broker salaries in your area. Salary estimates are based on 195 salaries submitted anonymously to Glassdoor by Insurance Broker employees.

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CA$45,447

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CA$53,068

per year

Salaries in Canada

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Average Base Salary in (CAD)

Range

HUB International
3.7

HUB International

Insurance Broker

CA$35,352

 /yr
Range: CA$28k - CA$70k
19 salaries
See 21 salaries from all locations

CA$28k

CA$70k

CA$28,282 - CA$70,000 Range

Brokerlink
3.7

Brokerlink

Insurance Broker

CA$51,311

 /yr
Range: CA$43k - CA$57k

CA$43k

CA$57k

CA$43,164 - CA$56,563 Range

Aon
3.8

Aon

Insurance Broker

CA$56,790

 /yr
Range: CA$50k - CA$100k

CA$50k

CA$100k

CA$49,547 - CA$100,497 Range

Western Financial Group
4

Western Financial Group

Insurance Broker

CA$42,111

 /yr
Range: CA$36k - CA$72k

CA$36k

CA$72k

CA$35,697 - CA$72,227 Range

TD
4

TD

Insurance Broker

CA$49,797

 /yr
Range: CA$43k - CA$51k

CA$43k

CA$51k

CA$43,266 - CA$50,691 Range

RATESDOTCA
3.7

RATESDOTCA

Insurance Broker

CA$38,277

 /yr
Range: CA$38k - CA$57k

CA$38k

CA$57k

CA$38,081 - CA$56,745 Range

Cypher Systems Group
3.8

Cypher Systems Group

Insurance Broker

CA$33,270

 /yr
Range: CA$31k - CA$39k

CA$31k

CA$39k

CA$31,497 - CA$38,798 Range

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KTX Insurance Brokers

Insurance Broker

CA$40,606

 /yr
Range: CA$40k - CA$45k

CA$40k

CA$45k

CA$40,201 - CA$45,415 Range

Marsh McLennan
3.9

Marsh McLennan

Insurance Broker

CA$65,021

 /yr
Range: CA$41k - CA$123k

CA$41k

CA$123k

CA$41,109 - CA$123,327 Range

Ontario Teachers Insurance Plan
4

Ontario Teachers Insurance Plan

Insurance Broker

CA$50,603

 /yr
Range: CA$46k - CA$56k

CA$46k

CA$56k

CA$45,913 - CA$55,833 Range

4.1

ThinkInsure

Insurance Broker

CA$43,604

 /yr
Range: CA$32k - CA$68k

CA$32k

CA$68k

CA$31,662 - CA$67,941 Range

3.4

Johnston Meier Insurance Agencies Group

Insurance Broker

CA$40,457

 /yr
Range: CA$37k - CA$41k

CA$37k

CA$41k

CA$37,242 - CA$41,019 Range

Intact
4.4

Intact

Insurance Broker

CA$37,817

 /yr
Range: CA$37k - CA$58k

CA$37k

CA$58k

CA$36,684 - CA$58,354 Range

Johnson Insurance
3.6

Johnson Insurance

Insurance Broker

CA$46,349

 /yr
Range: CA$44k - CA$52k

CA$44k

CA$52k

CA$44,096 - CA$51,725 Range

Direct IT Recruiting
4.8

Direct IT Recruiting

Insurance Broker

CA$51,784

 /yr
Range: CA$51k - CA$53k

CA$51k

CA$53k

CA$51,386 - CA$53,177 Range

The Co-operators
4.4

The Co-operators

Insurance Broker
About 

CA$39k -CA$60k

CA$39k

CA$60k

CA$38,888 - CA$60,497 Range

Marsh
3.9

Marsh

Insurance Broker
About 

CA$50k -CA$115k

CA$50k

CA$115k

CA$49,902 - CA$115,136 Range

InsureBC
3.2

InsureBC

Insurance Broker
About 

CA$45k -CA$49k

CA$45k

CA$49k

CA$44,676 - CA$49,448 Range

NFP
3.9

NFP

Insurance Broker
About 

CA$47k -CA$54k

CA$47k

CA$54k

CA$46,500 - CA$53,566 Range

Lawrie Insurance Group Inc.
4.2

Lawrie Insurance Group Inc.

Insurance Broker
About 

CA$47k -CA$54k

CA$47k

CA$54k

CA$47,050 - CA$54,003 Range

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Frequently asked questions about Insurance Broker salaries

The average salary for a Insurance Broker is CA$48,982 in Canada. Salaries estimates are based on 195 salaries submitted anonymously to Glassdoor by Insurance Broker employees in Canada.

The highest salary for a Insurance Broker in Canada is CA$69,431 per year.

The lowest salary for a Insurance Broker in Canada is CA$34,556 per year.

See how your offer stacks up to other pay packages and negotiate confidently on our Offer Analyser.

Recent Salary Reports

Below are the most recent insurance broker salary reports. Employer name has been removed to protect anonymity.

$41,500
per year
An Insurance Agent in the Vancouver Area area reported making $41,500 per year
Job Highlights
5-7 years experience
Vancouver Area area
Full-time
 
1001 to 5000 employees
Subsidiary or Business Segment
$51,725
per year
An Insurance Agent in the Victoria Area area reported making $51,725 per year
Job Highlights
10+ years experience
Victoria Area area
Full-time
 
1001 to 5000 employees
Subsidiary or Business Segment
$55,000
per year
An Insurance Sales Agent in the London Area area reported making $55,000 per year
Job Highlights
3-4 years experience
London Area area
Full-time
 
1 to 50 employees
Company - Private
$20,000
per year
A Life Insurance Agent in the Vancouver Area area reported making $20,000 per year
Job Highlights
1-2 years experience
Vancouver Area area
Contract
 
10000+ employees
Subsidiary or Business Segment
$48,000
per year
An Insurance Broker in the Vancouver Area area reported making $48,000 per year
Additional Pay
$1k cash bonus
Job Highlights
8-10 years experience
Vancouver Area area
Full-time
 
501 to 1000 employees
Company - Private
$44,192
per year
An Insurance Agent in the Vancouver Area area reported making $44,192 per year
Job Highlights
1-2 years experience
Vancouver Area area
Full-time
 
1001 to 5000 employees
Company - Public
$50,000
per year
An Insurance Agent in the Toronto Area area reported making $50,000 per year
Additional Pay
$5k cash bonus
$2k commissions
Job Highlights
3-4 years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Private
$46,553
per year
An Insurance Agent in the Victoria Area area reported making $46,553 per year
Additional Pay
$1k cash bonus
Job Highlights
3-4 years experience
Victoria Area area
Full-time
 
1001 to 5000 employees
Non-profit Organisation
$70,000
per year
An Insurance Broker in the Toronto Area area reported making $70,000 per year
Job Highlights
10+ years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Private
$19
hourly
A Licensed Insurance Agent in the Vancouver Area area reported making $19 per hour
Job Highlights
Vancouver Area area
Full-time
 
1001 to 5000 employees
Company - Private
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