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INSURANCE / SALARY
Average Salary - Insurance / Canada CANADA

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SALARY SURVEYS

93

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
1.32 CAD = 1 USD

89,158 CAD

$67,290 USD
Toronto

79,383 CAD

68,899 CAD

$52,000 USD
Including "Toronto"
Excluding "Toronto"
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Average Salary / Insurance / Canada

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Average salary for Insurance / Canada is 89,158 CAD per year. The most typical earning is 68,899 CAD. All data are based on 93 salary surveys. Salaries are different between men and women. Men receive an average salary of 103,349 CAD. Women receive a salary of 74,597 CAD.

Based on education, the highest salaries receive people with Masters Degree with salary of 100,169 CAD. The second most paid education level is Bachelors Degree with salary of 97,652 CAD.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 160,721 CAD. Employees with 12-16 Years of experience receive 99,772 CAD.

Levels / Insurance / Canada (Gross CAD)

Salary Levels (CAD) per Year Surveys [%]
13,200 CAD - 19,899 CAD
0 n/a
19,900 CAD - 26,499 CAD
0 n/a
26,500 CAD - 33,099 CAD
1 100%
1.08%
33,100 CAD - 39,699 CAD
1 98.92%
1.08%
39,700 CAD - 46,399 CAD
4 97.85%
4.3%
46,400 CAD - 52,999 CAD
10 93.55%
10.75%
53,000 CAD - 59,599 CAD
7 82.8%
7.53%
59,600 CAD - 66,199 CAD
11 75.27%
11.83%
THE MOST TYPICAL SALARY
66,200 CAD - 72,899 CAD
12 63.44%
12.9%
72,900 CAD - 79,499 CAD
7 50.54%
7.53%
79,500 CAD - 86,099 CAD
9 43.01%
9.68%
86,100 CAD - 92,699 CAD
5 33.33%
5.38%
92,700 CAD - 99,399 CAD
5 27.96%
5.38%
99,400 CAD - 105,999 CAD
1 22.58%
1.08%
106,000 CAD - 112,599 CAD
2 21.51%
2.15%
112,600 CAD - 119,199 CAD
0 n/a
119,200 CAD - 125,899 CAD
6 19.35%
6.45%
125,900 CAD - 132,499 CAD
2 12.9%
2.15%
132,500 CAD - 139,099 CAD
1 10.75%
1.08%
139,100 CAD - 145,699 CAD
0 n/a
145,700 CAD - 152,399 CAD
3 9.68%
3.23%
152,400 CAD - 158,999 CAD
0 n/a
159,000 CAD - 165,599 CAD
1 6.45%
1.08%
165,600 CAD - 172,199 CAD
0 n/a
172,200 CAD - 178,899 CAD
0 n/a
178,900 CAD - 185,499 CAD
0 n/a
185,500 CAD - 192,099 CAD
0 n/a
192,100 CAD - 198,699 CAD
0 n/a
HIGH SALARIES
198,700 CAD - 211,999 CAD
0 n/a
212,000 CAD - 225,199 CAD
0 n/a
225,200 CAD - 238,499 CAD
0 n/a
238,500 CAD - 251,699 CAD
0 n/a
251,700 CAD - 264,999 CAD
2 5.38%
2.15%
265,000 CAD - 278,199 CAD
1 3.23%
1.08%
278,200 CAD - 291,499 CAD
0 n/a
291,500 CAD - 304,699 CAD
1 2.15%
1.08%
304,700 CAD - 317,999 CAD
0 n/a
318,000 CAD - 331,199 CAD
0 n/a
331,200 CAD - 463,699 CAD
1 1.08%
1.08%
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Gender / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Men 37 103,349 CAD
2 Women 26 74,597 CAD

Education / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 6 100,169 CAD
2 Bachelors Degree 45 97,652 CAD
3 Doctorate Degree 2 96,724 CAD
4 Some College 29 80,559 CAD
5 High School 11 69,694 CAD

Experience / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 11 160,721 CAD
2 12-16 Years 13 99,772 CAD
3 16-20 Years 5 95,267 CAD
4 8-12 Years 16 83,872 CAD
5 1-2 Years 7 76,452 CAD
6 4-8 Years 16 75,789 CAD
7 2-4 Years 17 71,417 CAD
8 0-1 Year 8 55,649 CAD

Age / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 56-60 4 161,119 CAD
2 41-45 7 149,061 CAD
3 51-55 1 126,537 CAD
4 66-70 1 121,502 CAD
5 36-40 6 96,592 CAD
6 n/a 30 84,269 CAD
7 21-25 6 78,439 CAD
8 31-35 17 76,982 CAD
9 26-30 17 71,152 CAD
10 46-50 4 64,792 CAD

Work Type / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 2 189,076 CAD
2 Permanent 86 87,979 CAD
3 Contract 4 69,562 CAD
4 Part Time 1 66,514 CAD

Cities / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Hamilton, Canada 2 151,446 CAD
2 Edmonton 6 144,954 CAD
3 Calgary 11 100,169 CAD
4 Vancouver, Canada 15 96,857 CAD
5 Ottawa 3 85,992 CAD
6 --Other-- 3 85,064 CAD
7 Montreal 9 80,427 CAD
8 Toronto 36 79,367 CAD
9 Winnipeg 3 65,322 CAD
10 Waterloo 1 63,069 CAD
11 London, Canada 1 60,419 CAD
12 Halifax 1 60,419 CAD
13 Quebec City 1 46,507 CAD
14 Oshawa 1 43,592 CAD

Careers / Insurance / Canada (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Life Insurance 7 115,672 CAD
2 Insurance 11 113,287 CAD
3 Insurance Broker 19 103,084 CAD
4 Commercial Insurance 3 98,447 CAD
5 Health Insurance 1 94,339 CAD
6 Insurance Agent 5 88,509 CAD
7 General Insurance 9 84,269 CAD
8 Risk Management Insurance 3 82,282 CAD
9 Insurance Sales 4 81,222 CAD
10 Insurance Underwriter 13 73,007 CAD
11 Insurance Adjuster 10 67,044 CAD
12 Other Insurance Career 7 62,142 CAD
13 Marketing Associate Insurance 1 59,889 CAD

People's individual salary examples (surveys)

Broker
Posted 19 July 2023
City Education Experience Knowledge Gross salary / year
Toronto Some College 2-4 Years Intermediate 49,300 CAD

Actuarial Analyst
Posted 13 September 2022
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 1-2 Years Advanced 80,600 CAD

Actuary
Posted 12 June 2022
City Education Experience Knowledge Gross salary / year
Toronto Masters Degree 2-4 Years Intermediate 129,400 CAD

Life Insurance Broker
Posted 23 November 2021
City Education Experience Knowledge Gross salary / year
Toronto High School 12-16 Years Advanced 42,000 CAD

Risk Manager
Posted 16 October 2021
City Education Experience Knowledge Gross salary / year
Edmonton Bachelors Degree 2-4 Years Intermediate 84,000 CAD

Account Executive
Posted 27 March 2021
City Education Experience Knowledge Gross salary / year
Vancouver, Canada Bachelors Degree 8-12 Years n/a 88,300 CAD

Warranty Service Rep
Posted 28 January 2021
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 12-16 Years n/a 75,900 CAD

Senior Field Adjuster
Posted 24 December 2020
City Education Experience Knowledge Gross salary / year
Vancouver, Canada High School 16-20 Years n/a 84,800 CAD

Administrative Assistant
Posted 03 November 2020
City Education Experience Knowledge Gross salary / year
Vancouver, Canada Bachelors Degree 1-2 Years n/a 59,800 CAD

Life Service Representative
Posted 15 September 2020
City Education Experience Knowledge Gross salary / year
Winnipeg Some College 4-8 Years n/a 42,900 CAD

National Director
Posted 30 June 2020
City Education Experience Knowledge Gross salary / year
Calgary Bachelors Degree 12-16 Years n/a 159,600 CAD

Insurance Advisor
Posted 31 May 2020
City Education Experience Knowledge Gross salary / year
Vancouver, Canada Bachelors Degree 2-4 Years n/a 46,900 CAD

Insurance Broker
Posted 03 December 2019
City Education Experience Knowledge Gross salary / year
Ottawa Bachelors Degree 20+ Years n/a 125,300 CAD

Personal Lines Insurance Broker
Posted 27 May 2019
City Education Experience Knowledge Gross salary / year
Calgary Some College 8-12 Years n/a 58,200 CAD

Adjuster
Posted 26 February 2019
City Education Experience Knowledge Gross salary / year
Hamilton, Canada Bachelors Degree 20+ Years n/a 50,100 CAD

Fin. Planner
Posted 14 January 2019
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 8-12 Years n/a 125,400 CAD

Floor Manager
Posted 17 January 2018
City Education Experience Knowledge Gross salary / year
Montreal High School 2-4 Years n/a 63,600 CAD

Director
Posted 10 October 2017
City Education Experience Knowledge Gross salary / year
Edmonton Bachelors Degree 20+ Years n/a 126,600 CAD

Associate Broker
Posted 14 August 2017
City Education Experience Knowledge Gross salary / year
Toronto Bachelors Degree 8-12 Years n/a 56,700 CAD


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