Insurance broker & agent pay in Ontario
Median pay in job ads
$67,400 a year
The median advertised pay for insurance broker & agent jobs in Ontario is $67,400 a year (about $32.39 an hour), based on 24 job ads from 20 employers on MovoJobs, January to November 2026.
The median is the middle figure: half of the ads pay more than this and half pay less.
- Middle half of ads
- $60,400 to $75,900
- Hourly, at 40 hours a week
- $32.39
- Ads counted
- 24 from 20 employers
Only 29% of these ads gave an hourly rate. We converted the rest from yearly, monthly, weekly or daily pay at 40 hours a week.
That is $14.44 above the Ontario minimum wage of $17.95.
How it compares
All figures are hourly, before tax. MovoJobs figures come from job ads first added between January 21, 2026 and November 14, 2026. Job Bank figures come from what workers reported earning in earlier years.
Government of Canada figures
The Government of Canada's Job Bank puts the median for insurance agents and brokers in Ontario at $30.22 an hour (2023 to 2024 data).
| Area | Low | Median | High |
|---|---|---|---|
| OntarioLabour Force Survey, 2023 to 2024 | $21.63 | $30.22 | $51.28 |
| CanadaLabour Force Survey, 2023 to 2024 | $21.31 | $30.00 | $51.28 |
Hourly wages. Job Bank publishes by economic region, a group of nearby cities and towns, not by city. Low usually means 1 in 10 workers reported earning less, and high means 1 in 10 reported earning more (Job Bank method).
Related jobs in Ontario
- Financial analyst$43.27 /hr
- Accountant$38.46 /hr
- Financial manager$56.96 /hr
- Accounting clerk$28.00 /hr
- Payroll administrator$34.50 /hr
- Bookkeeper$36.03 /hr
- Supervisor, finance and insurance office worker$37.00 /hr
- Financial sales representative$33.68 /hr
Insurance broker & agent jobs in Ontario now
Common questions
How much does an insurance broker & agent make in Ontario?
The median advertised pay for insurance broker & agent jobs in Ontario is $67,400 a year (about $32.39 an hour), based on 24 job ads from 20 employers on MovoJobs, January to November 2026. Half of the ads pay between $60,400 and $75,900 a year. The median is the middle figure: half of the ads pay more than this and half pay less.
What is the yearly salary for an insurance broker & agent in Ontario?
About $67,400 a year at the median, working 40 hours a week for 52 weeks (2,080 hours). The middle half of ads works out to $60,400 to $75,900.
Does Ontario pay more than Canada as a whole?
The median ad in Ontario pays $32.39 an hour, 4% more than $31.25 across Canada as a whole.
What does the Government of Canada say?
The Government of Canada's Job Bank puts the median for insurance agents and brokers in Ontario at $30.22 an hour (2023 to 2024 data). Job Bank figures come from surveys of what workers earn, so they can differ from what employers advertise.
What is the minimum wage in Ontario?
$17.95 an hour since October 1, 2026, for most adult workers. Federally regulated jobs use the federal rate of $18.15 when it is higher.
How we work this out
We use every MovoJobs ad for this job with a workplace in Ontario, where the employer listed pay in Canadian dollars. The ads were first added between January 21, 2026 and November 14, 2026, including ads that have since closed. Pay that we estimated from the text is never used.
Ranges count at their midpoint. Yearly, monthly, weekly and daily pay become hourly at 40 hours a week. When one employer posts the same rate more than once, it counts as one ad. We publish a figure only when at least 20 ads from at least 5 employers match, and no single employer posted more than half of them. Job titles are matched to Canada's National Occupational Classification, so similar titles (such as line cook and prep cook) count together.
We do not publish a figure when most ads sit on the government's wage minimum for hiring through the Temporary Foreign Worker Program and the figure is well above Job Bank, or when a city's ads are all shared with a larger city nearby.
Sources
- MovoJobs job ads with employer-listed pay, January to November 2026. Updated November 14, 2026.
- Job Bank, Government of Canada: Wages (open data, 2025 release), revised November 19, 2025. Contains information licensed under the Open Government Licence - Canada. Explore more on Job Bank.
- Government of Ontario: minimum wage, checked November 14, 2026.
- Statistics Canada: economic regions (SGC 2021), to match cities to Job Bank regions.