Canada Moderate

Insurance agents and brokers

Insurance agents and brokers sell life, automobile, property, health and other types of insurance to individuals, businesses and public institutions. Insurance agents are employed by individual insurance companies or are independent representatives of specific insurance companies. Insurance brokers are employed by brokerage firms, or may work in partnerships or hold sole proprietorship. Supervisors of insurance agents are included in this unit group.

Employment Outlooks

Economic Region Outlooks

Select your region(s)

Choose up to 3 regions to see employment outlooks. This occupation has data for 72 economic regions.

Salary Information

National wage data for this occupation

Entry-level

CA$21.31

/hr

Typical

CA$30.00

/hr

Experienced

CA$51.28

/hr

Average: CA$33.59/hr

95.2% of workers in this occupation receive non-wage benefits

Source: Job Bank Canada. Wages may vary by region and experience.

Examples

Illustrative Examples

insurance agent
insurance broker
insurance sales representative
insurance sales supervisor

All Examples

automobile insurance agent
automobile insurance salesman/woman
district supervisor - insurance office
field agent - insurance
fire insurance agent
fire insurance salesman/woman
general insurance representative
group insurance representative
insurance agent
insurance agent supervisor
insurance broker
insurance sales agent
insurance sales representative
insurance sales supervisor
insurance salesman/woman
life insurance agent
life insurance representative
life insurance salesman/woman

Main Duties

This group performs some or all of the following duties:
Sell automobile, fire, health, life, property, marine, aircraft and other types of insurance to clients
Establish client insurance coverage, calculate premiums and establish method of payment
Provide information concerning group and individual insurance packages, the range of risk coverage, benefits paid and other policy features
Ensure appropriate forms, medical examinations and other policy requirements are completed
Monitor insurance claims and respond to clients' enquiries
Identify and solicit potential clientele.

Requirements

Employment Requirements

Completion of secondary school is usually required.
On-the-job training and insurance industry courses and training programs are provided and are required for employment.
Licensure by the insurance governing body in the province or territory of employment is required.