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Insurance Broker Jobs in Toronto, ON (NOW HIRING)

Wellcare Insurance Corp.

Insurance Broker

Courtice, ON · Remote

CA$60K - CA$120K/yr

Company Description WellCare Insurance, headquartered in Markham, Ontario, Canada, is a leading insurance brokerage firm specializing in Home, Auto, Business, Life, and Travel Insurance. The company ...

ZAG Insurance

Insurance Broker

Oshawa, ON · Remote

CA$48K - CA$75K/yr

Job Summary Insurance Broker ZAG Insurance Full Time Hybrid or Remote if based in Ontario Oshawa, ON, Canada About Us We do insurance the ZAG way! Whether it's auto, home, business, life, or travel ...

Verdant Insurance

Insurance Broker

Markham, ON · Remote

CA$30K - CA$100K/yr

Insurance Producer (Commission-Only | Build Your Own Book) We're a growing insurance brokerage looking for producers who want full control of their income and are willing to build their own pipeline

People Corporation

Registered Insurance Broker

Hamilton, ON · On-site +1

CA$55K - CA$65K/yr

We are seeking Registered Insurance Brokers to join our Union Power team. In this role, you'll assess clients' insurance needs, provide tailored advice on personal and commercial coverage options ...

People Corporation

Registered Insurance Broker

Toronto, ON · On-site +1

CA$55K - CA$65K/yr

We are seeking Registered Insurance Brokers to join our Union Power team. In this role, you'll assess clients' insurance needs, provide tailored advice on personal and commercial coverage options ...

ZAG Insurance

Commercial Insurance Broker

Oshawa, ON · Remote

CA$48K - CA$85K/yr

As a proud division of Oracle RMS, an award-winning insurance brokerage, we have access to over 50 insurance companies. Our team does the heavy lifting by comparing coverage and rates so our clients ...

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Showing results 1-20

All JobsInsurance Broker JobsInsurance Broker Jobs in Toronto, ON

Insurance Broker information

See Toronto, ON salary details

$20K

$82.2K

$182.8K

How much do insurance broker jobs pay per year?

As of Aug 13, 2026, the average yearly pay for insurance broker in Toronto, ON is $82,225.00, according to ZipRecruiter salary data. Most workers in this role earn between $47,717.00 and $95,434.00 per year, depending on experience, location, and employer.

How much do insurance brokers usually make?

Insurance brokers typically earn a median annual salary of around $50,000 to $70,000, with top earners making over $100,000 through commissions and bonuses. Income varies based on experience, location, client base, and sales performance, and brokers often need licensing and strong sales skills.

How difficult is it to be an insurance broker?

Becoming an insurance broker requires obtaining necessary licenses, which involves passing state exams, and developing sales and customer service skills. The role can be competitive and often involves working flexible hours to meet client needs and build a client base.

What are some common challenges insurance brokers face when balancing client needs with insurer requirements?

Insurance Brokers often navigate the challenge of aligning their clients’ unique coverage needs with the specific underwriting guidelines and product offerings of various insurers. This can require strong negotiation skills, in-depth product knowledge, and the ability to communicate complex policy details to clients in an understandable way. Brokers must also manage multiple client accounts simultaneously, ensuring timely renewals and claims support while adhering to regulatory requirements. Building strong relationships with both clients and insurers is key to overcoming these challenges and providing effective service.

What does an insurance broker do?

Insurance brokers are professionals in the insurance industry who sell, solicit, and negotiate insurance for a living. They are regulated by the state and must meet certain licensing requirements to do business in their state. Insurance brokers are professional advisers, representing and working on behalf of their clients. Brokers help clients understand their risks and advise them on which assets merit insurance and which do not. Insurance brokers may have industry specializations as well. Keep in mind that insurance brokers are not actual insurers; they are the liaisons between the insurance companies and clients and work on the client’s behalf.

Is insurance broker a good career?

An insurance broker is a professional who sells insurance policies and advises clients on coverage options. It can be a rewarding career with flexible hours and earning potential based on commissions, but success depends on sales skills, industry knowledge, and building client relationships.

What are the key skills and qualifications needed to thrive as an insurance broker, and why are they important?

To thrive as an Insurance Broker, you need a solid understanding of insurance products, risk assessment, and sales techniques, typically supported by relevant licenses such as a state insurance broker license. Familiarity with customer relationship management (CRM) software, quoting platforms, and industry databases is essential for effective client management and policy research. Excellent interpersonal skills, negotiation abilities, and ethical judgment help build trust and long-term relationships with clients. These skills are crucial for matching clients with suitable coverage, navigating regulatory requirements, and achieving sales targets in a competitive industry.

What is the difference between Insurance Broker vs Insurance Agent?

AspectInsurance BrokerInsurance Agent
CredentialsLicensing required; often independentLicensing required; typically tied to specific companies
Work EnvironmentWorks independently or with multiple insurersRepresents one insurer or a few
Employer & Industry UsageIndependent or brokerage firms; broader industry roleInsurance companies; direct sales
Comparison IntentFinds policies across multiple insurers for clientsPromotes policies from a specific insurer

Insurance brokers act as independent advisors, offering clients a variety of policies from multiple insurers, while insurance agents typically represent a single insurer and sell its products. Both roles require licensing, but brokers often have a broader scope and work with multiple companies, providing more options for clients.

What is an insurance broker?

Insurance brokers are professionals who act as intermediaries between clients and insurance companies. They help individuals and businesses find the most suitable insurance policies by comparing offerings from multiple insurers. Brokers assess clients' needs, provide expert advice, and negotiate policy terms to ensure comprehensive coverage at competitive prices. Unlike insurance agents, brokers represent the interests of the client rather than the insurance company.
More about Insurance Broker jobs
What are the most commonly searched types of Insurance Broker jobs in Toronto, ON? The most popular types of Insurance Broker jobs in Toronto, ON are:
What are popular job titles related to Insurance Broker jobs in Toronto, ON? For Insurance Broker jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Insurance Broker jobs in Toronto, ON look for? The top searched job categories for Insurance Broker jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for Insurance Broker jobs? Cities near Toronto, ON with the most Insurance Broker job openings:
Insurance Broker jobs near you
Infographic showing various Insurance Broker job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 27% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $82,225 per year, or $39.5 per hour.

Insurance Broker

Billyard Insurance Group - Etobicoke

Toronto, ON • On-site

Full-time

Re-posted 23 days ago

Job description

Billyard Insurance Group (BIG) is a leading force in the insurance industry, committed to attracting the best insurance professionals and equipping them with cutting-edge technology, tools, and unwavering support to thrive in today's dynamic insurance landscape. With a strong presence and continuous growth, we boast over 80 locations across Canada. Our dedication to excellence has earned us prestigious recognition, including being featured on Insurance Business Canada's esteemed Top Brokerages list for the past three years and securing a spot as one of Canada's Top Growing Companies in the renowned Globe and Mail's Report on Business. At Billyard Insurance Group, our mission is clear: to establish a nationally recognized insurance brokerage brand that empowers brokers and leads the digital insurance revolution.

SALES BROKER

Are you a driven, client-focused sales professional looking to take your career to the next level? At Billyard Insurance Group (BIG), we’re not just selling insurance—we’re revolutionizing how brokers connect with clients through cutting-edge technology, industry-leading support, and a collaborative culture that empowers you to succeed. Whether you’re an experienced broker or a skilled salesperson looking to break into the insurance industry, we provide the tools and resources to help you build a thriving book of business.

As a Sales Broker at BIG Etobicoke, you’ll have the flexibility to work with both personal and commercial clients, tailoring coverage solutions that truly meet their needs. You’ll be at the forefront of our industry, helping individuals and businesses protect what matters most while developing lasting relationships. With a focus on both new client acquisition and long-term retention, this role is ideal for those who thrive in a fast-paced, sales-driven environment and are committed to delivering exceptional service.

What does the Sales Broker do?

  • Develop and grow a strong portfolio of clients by generating leads, leveraging referrals, and building long-term relationships.
  • Conduct in-depth consultations to assess clients' insurance needs and recommend tailored coverage solutions.
  • Research, compare, and negotiate policy options across multiple insurers to provide the best possible protection for clients.
  • Guide clients through the application process and ensure policies are set up accurately and efficiently.
  • Support clients with renewals, modifications, and inquiries to maintain high retention and satisfaction rates.
  • Provide expert advice on policy coverage, exclusions, and risk management strategies.
  • Maintain detailed records of client interactions and sales activities using industry-leading digital tools and CRM systems.
  • Stay up to date on industry trends, regulatory changes, and market conditions to provide informed recommendations.

Does this sound like you?

  • You have a strong sales background, preferably in insurance or a related field, with a proven ability to generate leads and close deals.
  • You’re an excellent communicator with the ability to build lasting client relationships based on trust and expertise.
  • You’re results-driven, self-motivated, and thrive in a competitive, performance-based environment.
  • You have a strong understanding of insurance products (or are eager to learn) and can confidently explain coverage options to clients.
  • You embrace technology and leverage digital tools to streamline workflows and enhance client service.
  • You act with integrity, putting clients first and ensuring their needs are met with transparency and care.

Requirements

Required:

  • An active and current insurance broker license for the relevant provincial regulatory body (e.g., RIBO) or Passed RIBO Exam
  • A high school diploma or equivalent.
  • A minimum of two (2) years of experience in a sales-focused job and/or insurance industry role, preferably in both Personal and Commercial Lines.
  • Experience in lead generation, business development, or client acquisition in the insurance industry.
  • Strong understanding of insurance products, underwriting principles, and regulatory compliance.
  • Proficiency in using policy management and CRM systems to manage client interactions and track business development efforts.

Asset:

  • A university degree in a related field, or a college diploma in Insurance from a Canadian post-secondary institution, or equivalent.

Benefits

What We Offer

At BIG, we believe in investing in our brokers' success. We provide:

  • Industry-leading proprietary technology to streamline underwriting, quoting, and policy management.
  • Ongoing education and professional development to help you continuously refine your expertise.
  • A hybrid work environment, giving you the flexibility to build your business and manage your personal life.
  • A strong national brand with an established presence and a collaborative, growth-focused culture.
  • A Strong Compensation Structure
  • Constant and Ongoing Support and Training to ensure you are successful