INSURANCE SALARY IN CANADA

Canada   Canada  • Change Location

Average gross salary for Insurance GROSS SALARY
CA$ 74,812
Average gorss salary (USD) for Insurance GROSS SALARY (USD)
US$ 68,476
Average net salary for Insurance NET SALARY
CA$ 53,925
The most typical salary for Insurance MOST TYPICAL GROSS
CA$ 53,219
  Updated: 15 Sep 2020   Diff. gross vs. net: 27%
  Salary entries: 84

Average salary for Insurance in Canada is CA$ 74,812.

Average take home earning is CA$ 53,925 (Net).

The most typical salary is CA$ 53,219 (Gross).

If you are an employer this page can help you with the decision how much to pay employees.

The main purpose of the site is to help you increase your salary! If you want to increase your salary you need to investigate and find out how much other people with similar careers, experience, education, and knowledge can earn. Then set goals for better salary and strive to achieve it!

"What gets measured gets improved."
-Peter Drucker


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Percentage of people Earn this salary or more
6 % CA$ 195,000
15 % CA$ 124,419
21 % CA$ 91,000
74 % CA$ 53,219
90 % CA$ 43,785
98 % CA$ 35,383
100 % CA$ 24,425
Career Avg. gross salary (USD) Salary entries
Insurance Broker CA$ 86,982 US$ 81,663 17
Insurance Underwriter CA$ 57,729 US$ 55,094 13
Insurance CA$ 103,227 US$ 85,705 11
Insurance Adjuster CA$ 49,427 US$ 49,144 09
General Insurance CA$ 64,000 US$ 59,322 08
Life Insurance CA$ 101,666 US$ 91,739 06
Insurance Agent CA$ 78,819 US$ 67,981 05
Insurance Sales CA$ 60,500 US$ 61,312 04
Commercial Insurance CA$ 112,500 US$ 93,428 02
Risk Management Insurance CA$ 69,135 US$ 61,462 02
City Avg. gross salary (USD) Salary entries
Toronto CA$ 66,880 US$ 60,393 31
Vancouver, Canada CA$ 78,333 US$ 76,714 12
Calgary CA$ 82,888 US$ 75,926 11
Montreal CA$ 65,387 US$ 60,752 09
Edmonton CA$ 123,200 US$ 118,625 05
Ottawa CA$ 81,666 US$ 66,698 03
Winnipeg CA$ 55,950 US$ 49,393 03
Hamilton, Canada CA$ 157,500 US$ 115,424 02
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  SALARY BY LEVEL   INSURANCE   CANADA

Canada •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 222,500 CA$ 255,000
03
205K US$ 202,683 CA$ 200,000
01
195K US$ 197,616 CA$ 195,000
01
165K US$ 121,632 CA$ 160,000
01
155K US$ 114,645 CA$ 150,000
02
125K US$ 100,444 CA$ 124,419
05
105K US$ 95,825 CA$ 100,000
02
95K US$ 91,774 CA$ 91,000
02
115K US$ 82,804 CA$ 115,000
01
85K US$ 72,397 CA$ 80,000
03
75K US$ 68,442 CA$ 71,750
08
65K US$ 58,964 CA$ 61,612
12
55K US$ 49,966 CA$ 53,219
21
45K US$ 42,036 CA$ 43,785
14
35K US$ 35,617 CA$ 35,383
06
25K US$ 24,633 CA$ 24,425
02

  SALARY BY GENDER   INSURANCE   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 82,507 CA$ 95,271 30
Women US$ 57,017 CA$ 64,274 24
N/A US$ 63,611 CA$ 62,782 30

  SALARY BY EDUCATION   INSURANCE   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 72,950 CA$ 90,000 02
Masters Degree US$ 71,167 CA$ 87,100 05
Bachelors Degree US$ 75,953 CA$ 84,723 40
Some College US$ 61,743 CA$ 63,877 28
High School US$ 53,703 CA$ 54,577 09

Insurance workers holding Bachelors Degree degrees enjoy the highest average gross salaries in Canada. With an earned Bachelors Degree, they grosses CA$ 84,723. While Insurance workers with High School education earn the least, with an average gross income of CA$ 54,577. This is 41.43% lower of what Bachelors Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 122,016 CA$ 136,290 11
16-20 Years US$ 73,883 CA$ 80,500 04
12-16 Years US$ 80,975 CA$ 89,590 11
8-12 Years US$ 63,621 CA$ 71,067 15
4-8 Years US$ 57,255 CA$ 61,509 16
2-4 Years US$ 51,355 CA$ 55,892 14
1-2 Years US$ 59,612 CA$ 61,000 05
0-1 Year US$ 42,015 CA$ 42,481 08

Insurance workers in Canada with more years of work experience outperform their counterparts with less experience. Workers with 20+ Years of experience earn a gross average of CA$ 136,290 compared to CA$ 42,481 for their counterparts with 0-1 Year of experience. The difference between workers with 20+ Years of experience and 0-1 Year is 190.41%.


  SALARY BY AGE   INSURANCE   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
63-68 US$ 91,716 CA$ 120,000 01
57-62 US$ 151,502 CA$ 185,666 03
51-56 US$ 95,537 CA$ 125,000 01
45-50 US$ 59,494 CA$ 70,840 05
39-44 US$ 111,766 CA$ 121,428 07
33-38 US$ 58,922 CA$ 67,571 09
27-32 US$ 56,224 CA$ 63,427 22
22-26 US$ 59,136 CA$ 65,166 06
N/A US$ 63,611 CA$ 62,782 30
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  SALARY BY CAREER   INSURANCE   CANADA

Canada •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Commercial Insurance US$ 93,428 CA$ 112,500 02
2. Insurance US$ 85,705 CA$ 103,227 11
3. Life Insurance US$ 91,739 CA$ 101,666 06
4. Insurance Broker US$ 81,663 CA$ 86,982 17
5. Insurance Agent US$ 67,981 CA$ 78,819 05
6. Health Insurance US$ 71,244 CA$ 71,000 01
7. Risk Management Insurance US$ 61,462 CA$ 69,135 02
8. General Insurance US$ 59,322 CA$ 64,000 08
9. Insurance Sales US$ 61,312 CA$ 60,500 04
10. Insurance Underwriter US$ 55,094 CA$ 57,729 13
11. Insurance Adjuster US$ 49,144 CA$ 49,427 09
12. Other Insurance Career US$ 45,210 CA$ 47,050 06

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In Canada economy, Commercial Insurance is on the top list of highest earners, earning an average gross salary of CA$ 112,500. Life Insurance and Insurance follow, earning CA$ 101,666 and CA$ 103,227, respectively. Other Insurance Career earn a gross annual average of CA$ 47,050, while Insurance Adjuster earn CA$ 49,427. The gap between the lowest and the highest paid careers is 106.65%.


  SALARY BY JOB TYPE   INSURANCE   CANADA

Canada •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 67,080 CA$ 72,065 78
Contract US$ 59,530 CA$ 74,333 03
Self Employed US$ 145,494 CA$ 195,049 02
Part Time US$ 50,185 CA$ 50,000 01
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  SALARY BY CITY   INSURANCE   CANADA

Canada •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Hamilton, Canada Insurance in Hamilton, Canada US$ 115,424 CA$ 157,500 02
2. Edmonton Insurance in Edmonton US$ 118,625 CA$ 123,200 05
3. Calgary Insurance in Calgary US$ 75,926 CA$ 82,888 11
4. Ottawa Insurance in Ottawa US$ 66,698 CA$ 81,666 03
5. Vancouver, Canada Insurance in Vancouver, Canada US$ 76,714 CA$ 78,333 12
6. Toronto Insurance in Toronto US$ 60,393 CA$ 66,880 31
7. Montreal Insurance in Montreal US$ 60,752 CA$ 65,387 09
8. Winnipeg Insurance in Winnipeg US$ 49,393 CA$ 55,950 03

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  SALARY BY COUNTRY    INSURANCE

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Australia Australia Insurance in Australia US$ 95,404 AU$ 110,822 35
2. United Kingdom United Kingdom Insurance in United Kingdom US$ 85,893 GBP 57,966 55
3. United States United States Insurance US$ 76,428 US$ 76,428 417
4. Canada Canada US$ 68,476 CA$ 74,812 84
5. China China Insurance in China US$ 34,892 CNY 225,363 11
6. India India Insurance in India US$ 20,615 INR 1,318,346 100

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(10/10)  LIFE SERVICE REPRESENTATIVE


 Posted: 15 Sep 2020

Some College, 4-8 years: "•Acts as the main point of contact for the Life Services operations •Participate in Contact Centre group for incoming client and agent calls and emails •Monitor and respond to customer service inquiries within company service levels •Prepare correspondence and documents for a variety of audiences, including clients, agents, and external parties •Coordinate and process ongoing policy changes for in-force policyholders •Maintain records of all customer interactions, recording details of inquiries, complaints and the action that was taken •Assist with sorting and filing various department documents and files •Investigate and report systems-related service issues •Perform other duties as assigned."
Individual GROSS salary:
CA$ 43,000
US$ 32,689


(9/10)  NATIONAL DIRECTOR


 Posted: 30 Jun 2020

Bachelors Degree, 12-16 years: "National director of a commercial segment. Leading a team to achieve growth and positively impact P/L for an international insurance company."
Individual GROSS salary:
CA$ 160,000
US$ 121,632


(8/10)  INSURANCE ADVISOR


 Posted: 31 May 2020

Bachelors Degree, 2-4 years: "At least fifteen."
Individual GROSS salary:
CA$ 47,000
US$ 35,729


(7/10)  INSURANCE BROKER


 Posted: 03 Dec 2019

Bachelors Degree, 20+ years: "Brokering Insurance."
Individual GROSS salary:
CA$ 125,000
US$ 100,099


(6/10)  PERSONAL LINES INSURANCE BROKER


 Posted: 27 May 2019

Some College, 8-12 years: "Sales, servicing, customer relationship, account management, renewals, cancellations."
Individual GROSS salary:
CA$ 58,000
US$ 46,446


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(5/10)  ADJUSTER


 Posted: 26 Feb 2019

Bachelors Degree, 20+ years: "Settle claims customer service."
Individual GROSS salary:
CA$ 50,000
US$ 40,040


(4/10)  FIN. PLANNER


 Posted: 14 Jan 2019

Bachelors Degree, 8-12 years: "Plan financial situations advantages and so on."
Individual GROSS salary:
CA$ 125,099
US$ 100,179


(3/10)  FLOOR MANAGER


 Posted: 17 Jan 2018

High School, 2-4 years: "Manage the staff, review reports."
Individual GROSS salary:
CA$ 60,000
US$ 48,048


(2/10)  DIRECTOR


 Posted: 10 Oct 2017

Bachelors Degree, 20+ years: "Manage staff, develop and oversee budget, hiring, firing,staff development, strategic planning."
Individual GROSS salary:
CA$ 125,000
US$ 95,537


(1/10)  ASSOCIATE BROKER


 Posted: 14 Aug 2017

Bachelors Degree, 8-12 years: "Provide clients with the best terms and conditions at the best price."
Individual GROSS salary:
CA$ 56,000
US$ 42,801


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