Average Insurance Broker with Insurance Skills Salary in Mississauga, Ontario

Annual Base Salary - $53,064.00/year

The average annual salary of Insurance Broker is $53,064.00

$45,760.00
Low
$53,064.00
Average
$60,990.00
High

The starting salary of Insurance Broker is between $38,896.00 and $45,760.00 whereas the maximum salary range is between $60,990.00 and $70,139.00.

Minimum Annual PayMaximum Annual Pay
$38,896.00$70,139.00
Bonus Range: Tooltip
$0.00 - $7,560.00
$0.00
$70,139.00
Commission: Tooltip
$0.00 - $5,200.00
$0.00
$70,139.00
  • Currency : CAD
  • Annual Salary : $53,064.00
  • Weekly Pay : $991.00
  • Fortnightly Salary : $1,981.00
  • Monthly Salary : $4,293.00

Insurance Broker Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Insurance Broker. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, female employees are involved significantly more as Insurance Broker compared to male. Their involvement is 58% while of male is only 42%.

Salary Distribution Based on Years of Experience

The line graph shows Insurance Broker salary in Mississauga, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Insurance Broker having experience between 1-4 years, their salary is around $52,382.72.

Once the experience reaches 5-9 years Insurance Broker salary would decrease to a total of $48,256.21, subtracting $4,126.51 from the last salary.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $50,397.50.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Insurance Broker. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $46,696.00 whereas the highest earning is $52,003.00 which clearly shows the salary increases with the level of expertise.

Early Career person will earn the maximum salary of $52,003.00 at -2%. So to summerize, Early Career earns 2% less than the average salary, Mid Carrer earns 12% less than the average salary, Late Career earns 9% less than the average salary.

Job hunters also viewed these Salaries