Insurance Agent Salary in Toronto, Ontario
$39K
20% Low Band Avg
CAD $44K
Average
$48K
80% High Band Avg
- Bonus: 1,779
- Commission: 3,572
Salaries based on experience level
The Average Entry Level salary of Insurance Agent in Toronto, Ontario is CAD $42K/yr, this salary increases 11% to $47K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 29% from $47K/yr to $61K/yr.
Salary Compared to Canada National Average Salary
- Insurance Agent in Toronto, Ontario Salary
- vs
- Insurance Agent in Canada Salary
The Average Salary of Insurance Agent in Toronto, Ontario is $44K/yr. This is +7% higher ($3,038) compared to Canada national average salary of $41K/yr.
Salary Compared to Toronto City Average Salary
- Insurance Agent in Toronto, Ontario Salary
- vs
- Toronto, Ontario City Average Salary
The Average Salary of Insurance Agent in Toronto, Ontario is -28% lower (-17,903) than the average salary for the city of Toronto, Ontario $62K/yr.
Insurance Agent job description
JOB TITLE: Insurance Agent
OVERVIEW/SUMMARY OF THE ROLE:
An insurance agent is a professional tasked with selling insurance policies to clients that offer financial coverage against damages or loss related to health, property, accidents, and life. They work for insurance companies and brokerages, and provide expert advice to clients on how to protect their interests through insurance.
RESPONSIBILITIES AND DUTIES:
- Evaluate clients’ insurance needs and offer appropriate coverage policies
- Provide expert advice to clients on the best insurance products suited to their needs
Insurance Agent interview questions
Interviewer: Good morning. Can you tell me a little bit about your experience in the insurance industry?
Candidate: Yes, absolutely. I've been working as an insurance agent for the past five years. During that time, I've worked for multiple insurance companies and have gained experience in property and casualty insurance as well as life insurance.
Interviewer: How do you stay up to date on the latest trends and developments in the insurance industry?
Candidate: I make it a point to attend conferences and seminars related to insurance, and also constantly read industry publications and news articles to keep myself informed.
Interviewer: How do you approach building relationships with clients?
Candidate: I believe in building a rapport with clients by actively listening to their needs and concerns, and providing personalized solutions to meet their needs.