INSURANCE SALARY IN CANADA

Canada   Canada  • Change Location

Average gross salary for Insurance GROSS SALARY
CA$ 75,539
Average gorss salary (USD) for Insurance GROSS SALARY (USD)
US$ 69,312
Average net salary for Insurance NET SALARY
CA$ 54,278
The most typical salary for Insurance MOST TYPICAL GROSS
CA$ 53,219
  Updated: 30 Jun 2020   Diff. gross vs. net: 28%
  Salary entries: 82

Insurance Earnings in Canada

Average salary for Insurance in Canada is CA$ 75,539.

Average take home earning is CA$ 54,278 (Net).

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

These data are from our visitors surveys (82 individual salaries).

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Percentage of people Earn this salary or more
6 % CA$ 195,000
16 % CA$ 124,419
22 % CA$ 91,000
50 % CA$ 61,612
90 % CA$ 43,583
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$ 109,250 US$ 91,007 10
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$ 86,774 US$ 76,044 04
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
Calgary CA$ 82,888 US$ 75,926 11
Vancouver, Canada CA$ 81,181 US$ 80,440 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
Hamilton, Canada CA$ 157,500 US$ 115,424 02
Winnipeg CA$ 62,425 US$ 57,746 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$ 43,340 CA$ 43,583
12
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$ 85,957 CA$ 98,862 28
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$ 76,984 CA$ 85,691 39
Some College US$ 62,819 CA$ 64,650 27
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$ 85,691. While Insurance workers with High School education earn the least, with an average gross income of CA$ 54,577. This is 43.35% 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$ 58,893 CA$ 62,742 15
2-4 Years US$ 52,557 CA$ 56,576 13
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$ 58,426 CA$ 65,269 20
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$ 91,007 CA$ 109,250 10
3. Life Insurance US$ 91,739 CA$ 101,666 06
4. Insurance Broker US$ 81,663 CA$ 86,982 17
5. Insurance Agent US$ 76,044 CA$ 86,774 04
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

Show all careers »

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$ 109,250, 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$ 67,487 CA$ 72,391 77
Contract US$ 72,950 CA$ 90,000 02
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$ 80,440 CA$ 81,181 11
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$ 57,746 CA$ 62,425 02

Show all cities »


  SALARY BY COUNTRY    INSURANCE

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Australia Australia Insurance in Australia US$ 91,588 AU$ 104,523 34
2. United Kingdom United Kingdom Insurance in United Kingdom US$ 86,374 GBP 58,096 53
3. United States United States Insurance US$ 75,689 US$ 75,689 413
4. Canada Canada US$ 69,312 CA$ 75,539 82
5. China China Insurance in China US$ 34,892 CNY 225,363 11
6. India India Insurance in India US$ 19,940 INR 1,251,624 89

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(8/8)  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


(7/8)  INSURANCE BROKER


 Posted: 03 Dec 2019

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


(6/8)  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


(5/8)  ADJUSTER


 Posted: 26 Feb 2019

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


(4/8)  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


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(3/8)  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


(2/8)  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


(1/8)  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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