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INSURANCE / SALARY
Average Salary - Insurance / Toronto TORONTO


SALARY SURVEYS

36

UPDATED
May 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

1.32 CAD = 1 USD

79,381 CAD

$59,911 USD

55,649 CAD

$42,000 USD

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Average Salary / Insurance / Toronto

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Average salary for Insurance / Toronto is 79,381 CAD per year. The most typical earning is 55,649 CAD. All data are based on 36 salary surveys. Salaries are different between men and women. Men receive an average salary of 85,992 CAD. Women receive a salary of 67,309 CAD.

Based on education, the highest salaries receive people with Masters Degree with salary of 102,024 CAD. The second most paid education level is Bachelors Degree with salary of 83,474 CAD.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 101,494 CAD. Employees with 4-8 Years of experience receive 83,209 CAD.

Levels / Insurance / Toronto (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
0 n/a
33,100 CAD - 39,699 CAD
0 n/a
39,700 CAD - 46,399 CAD
2 100%
5.56%
46,400 CAD - 52,999 CAD
4 94.44%
11.11%
THE MOST TYPICAL SALARY
53,000 CAD - 59,599 CAD
5 83.33%
13.89%
59,600 CAD - 66,199 CAD
3 69.44%
8.33%
66,200 CAD - 72,899 CAD
4 61.11%
11.11%
72,900 CAD - 79,499 CAD
4 50%
11.11%
79,500 CAD - 86,099 CAD
3 38.89%
8.33%
86,100 CAD - 92,699 CAD
1 30.56%
2.78%
92,700 CAD - 99,399 CAD
3 27.78%
8.33%
99,400 CAD - 105,999 CAD
0 n/a
106,000 CAD - 112,599 CAD
2 19.44%
5.56%
112,600 CAD - 119,199 CAD
0 n/a
119,200 CAD - 125,899 CAD
1 13.89%
2.78%
125,900 CAD - 132,499 CAD
1 11.11%
2.78%
132,500 CAD - 139,099 CAD
1 8.33%
2.78%
139,100 CAD - 145,699 CAD
0 n/a
145,700 CAD - 152,399 CAD
2 5.56%
5.56%
152,400 CAD - 158,999 CAD
0 n/a
159,000 CAD - 165,599 CAD
0 n/a
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
0 n/a
265,000 CAD - 278,199 CAD
0 n/a
278,200 CAD - 291,499 CAD
0 n/a
291,500 CAD - 304,699 CAD
0 n/a
304,700 CAD - 317,999 CAD
0 n/a
318,000 CAD - 331,199 CAD
0 n/a
331,200 CAD - 463,699 CAD
0 n/a
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Gender / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Men 18 85,992 CAD
2 Women 12 67,309 CAD

Education / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 5 102,024 CAD
2 Bachelors Degree 18 83,474 CAD
3 Doctorate Degree 1 71,814 CAD
4 High School 3 71,549 CAD
5 Some College 9 62,009 CAD

Experience / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 2 101,494 CAD
2 4-8 Years 10 83,209 CAD
3 12-16 Years 7 82,414 CAD
4 0-1 Year 2 76,452 CAD
5 8-12 Years 5 75,524 CAD
6 2-4 Years 7 73,802 CAD
7 1-2 Years 2 67,177 CAD
8 20+ Years 1 65,189 CAD

Age / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 41-45 4 108,384 CAD
2 n/a 6 83,872 CAD
3 26-30 9 83,077 CAD
4 36-40 3 79,632 CAD
5 31-35 7 74,994 CAD
6 21-25 4 66,647 CAD
7 46-50 1 50,614 CAD
8 56-60 2 46,109 CAD

Work Type / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 34 80,692 CAD
2 Contract 2 56,842 CAD

Careers / Insurance / Toronto (Gross CAD)

# Surveys AVERAGE SALARY / YEAR
1 Insurance Sales 1 107,457 CAD
2 Health Insurance 1 94,339 CAD
3 Life Insurance 4 89,967 CAD
4 General Insurance 2 89,967 CAD
5 Insurance 6 89,569 CAD
6 Insurance Adjuster 2 78,307 CAD
7 Insurance Underwriter 5 77,644 CAD
8 Insurance Broker 10 74,332 CAD
9 Insurance Agent 1 71,814 CAD
10 Other Insurance Career 3 56,709 CAD
11 Commercial Insurance 1 49,289 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

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

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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