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Insurance Broker Jobs in Toronto, ON (NOW HIRING)

My Insurance Broker

Insurance Administrator

Brampton, ON · On-site

CA$1.5K - CA$2.5K/mo

Provide administrative support to insurance brokers and clients * Process insurance applications, policy changes, endorsements, renewals, and cancellations * Prepare Certificates of Insurance and ...

Verdant Insurance

P&C Insurance Broker

Markham, ON · Remote

CA$45K - CA$100K/yr

We are seeking motivated and entrepreneurial-minded Insurance Brokers to join our dynamic team. This is a commission-only role, ideal for driven individuals who thrive in a performance-based ...

Ratehub

Life Insurance Sales Agent

Toronto, ON · On-site

Ratehub Inc. is looking for a full time Life Insurance Broker to add to our expanding team. This position requires an individual licensed in Ontario with excellent communication skills, and great ...

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Showing results 21-40

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 Sep 5, 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.

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.

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.

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 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 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.

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.

How much do insurance brokers get paid?

Insurance brokers typically earn a base salary plus commissions based on the policies they sell, with total compensation ranging from $40,000 to $100,000 annually. Experienced brokers with a strong client base can earn higher incomes, especially when working in specialized insurance areas or with high-value clients.

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.
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, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $82,225 per year, or $39.5 per hour.

Life Insurance Broker

Desjardins Financial Security Independent Network - Rexdale #278

Etobicoke, ON • On-site

Full-time

Re-posted 16 hours ago

Job description

Your Business. Your Vision. Your Future. Our Support.

Are you ready to take control of your future, unleash your entrepreneurial spirit, and build a business that’s truly YOURS?
At Desjardins Financial Security Independent Network – Toronto West, we’re not just offering you a job — we’re offering you the chance to create your own success story as a Financial Advisor in the GTA

This isn’t your typical 9–5. It’s a career where YOU are in the driver’s seat:

  • Freedom & Flexibility – Design your own schedule and choose the clients you want to work with.
  • Unlimited Earning Potential – The harder you work, the more you earn — no ceilings, no limits.
  • Ownership from Day One – Build equity in your own business. Your clients and renewals are YOURS to keep.
  • Impact with Purpose – Help individuals, families, and business owners protect their future and grow their wealth.

Backed by one of the strongest financial institutions in North America, you’ll have the resources of a major brand with the independence of being your own boss.

What You’ll Do

  • Build and grow your own client base.
  • Market yourself as a trusted financial entrepreneur.
  • Provide insurance and investment strategies tailored to each client’s unique needs.
  • Create long-term value — for your clients, and for yourself.

What You Bring

  • A Life License (HLLQP) or willingness to obtain it.
  • Mutual Fund License (Optional)
  • A true entrepreneurial mindset — hungry to build and grow.
  • Strong networking skills and the drive to attract new clients.
  • Experience in sales or financial services is an asset, but not required if you’re motivated to learn.

What You Get

  • A complete portfolio of top Canadian insurance & investment products (Desjardins, RBC Insurance, Canada Life, Manulife, IA, Empire, CPP, and more).
  • Full ownership of your book of business from Day One.
  • Ongoing training, mentorship, and education to fuel your success.
  • Office and admin support — without mandatory desk fees.
  • Recognition, rewards, and the chance to grow into leadership.
  • A generous commission structure with unlimited income potential.

Why Desjardins Financial Security Independent Network ?

  • Complete Independence – ownership of book of business
  • Access to all major carriers and fund companies – DFSIN is not a captive agency
  • Marketing, compliance, training and mentorship support
  • A brand trusted for stability, innovation, and growth

This is more than a career — it’s your opportunity to become an entrepreneur with impact. Build your business, live life on your terms, and create the financial future you deserve.