The possible jobs and compensation are limitless as you can earn a combination of salary, commissions and bonuses and the job security is unparalleled. If you prefer a more stable role, you can work as an account manager or in a back office administrative role. If you like working with people or are more entrepreneurial, you can work in a sales role and even build your own book of business as an independent producer which you can sell later on. Eventually, you can start your own brokerage as well! No matter what you preferences or skillset is, there is a lucrative job for you in insurance.
As for salaries, here is what you can expect according to Salaryexpert.com & Ziprecruiter.com
Salaryexpert.com says that the average insurance broker in Canada earns $104,427/yr and in the average insurance brokers in Ontario earn a salary of $83,735/yr.
According to Ziprecruiter.com, insurance brokers in Alberta earn an average salary of $82,609/yr
In Texas, Indeed says the average base salary is $86,305 but that's just the base before benefits, commissions, bonuses and other incentives.
As you can see, this is a pretty well-paying job!