Insurance Jobs in Canada with Visa Sponsorship and LMIA Approved 2024: These are the latest and highest-paid insurance jobs in Canada; some come with visa sponsorship while others are LMIA Approved.
Continue reading to see what it entails and how to apply. You can decide to choose the company that best fits you. Because some are closing soon, apply now.
Insurance Jobs in Canada 2024: If you are interested in working in the insurance industry, there are plenty of job opportunities, in a variety of capacities and locations in Canada like Toronto, Edmonton, Calgary, Winnipeg, Montreal, Halifax, Mississauga, Ottawa, Vancouver, Saint John.
Insurance jobs in Ontario, Alberta, British Columbia, New Brunswick, Nova Scotia, Manitoba, Saskatchewan, Newfoundland.
Most insurance companies, brokerages, and other insurance-related organizations post jobs on their respective websites.
Our featured providers may have entry-level positions that do not require licensing/certification. However, if you are considering a career in the insurance industry, you may wish to investigate the following:
Description (Insurance Jobs in Canada)
Insurance agents and brokers sell life, automobile, property, health and other types of insurance to individuals, businesses and public institutions. Insurance agents are employed by individual insurance companies or are independent representatives of specific insurance companies. Insurance brokers are employed by brokerage firms, or may work in partnerships or hold sole proprietorship. Supervisors of insurance agents are included in this unit group.
Job duties (Insurance Jobs in Canada)
- Sell automobile, fire, health, life, property, marine, aircraft and other types of insurance to clients
- Establish client insurance coverage, calculate premiums and establish method of payment
- Provide information concerning group and individual insurance packages, the range of risk coverage, benefits paid and other policy features
- Ensure appropriate forms, medical examinations and other policy requirements are completed
- Monitor insurance claims and respond to clients’ enquiries
- Identify and solicit potential clientele.
Job titles of Insurance Workers and their Salaries
- Insurance agent
- Insurance broker
- Insurance sales representative
- Insurance sales supervisor
Job Title | Job Description | Job Duties | Salary (per hour) |
---|---|---|---|
Insurance Agent | Sells insurance policies to individuals and businesses. | Meet with clients to assess their needs, explain coverage options, and answer questions. Close deals and collect premiums. Stay up-to-date on industry changes and products. | $20 – $40 |
Insurance Inspector | Investigates claims to determine legitimacy and value. | Visit accident scenes, interview witnesses, and gather evidence. Analyze data and write reports. May recommend repairs or settlements. | $25 – $45 |
Insurance Rater | Analyzes applications to determine risk and set premiums. | Review medical records, driving history, and other relevant data. Apply rating rules and guidelines. May negotiate rates with clients. | $22 – $40 |
Insurance Broker | Works with multiple insurance companies to find the best coverage for clients. | Meets with clients to assess their needs and obtain quotes from different insurers. Negotiate rates and terms. Manage client accounts and provide ongoing service. | $25 – $50 |
Insurance Lawyer | Provides legal advice and representation on insurance matters. | Advise clients on policy coverage, claims disputes, and regulatory issues. Draft and file legal documents, negotiate settlements, and represent clients in court. | $50 – $100+ |
Insurance Actuary | Uses mathematical and statistical methods to assess risk and develop insurance products. | Analyze data on mortality, morbidity, accidents, and other factors. Develop pricing models and recommend underwriting guidelines. | $40 – $80+ |
Insurance Manager | Oversees the operations of an insurance agency or department. | Develops budgets, sets sales goals, and hires and trains staff. Manages claims processing, underwriting, and marketing activities. | $50 – $100+ |
Insurance Adjuster | Investigates and settles insurance claims. | Visits accident scenes, interviews witnesses, and gathers evidence. Assess damage and negotiate settlements with policyholders. | $30 – $50 |
Insurance Appraiser | Estimates the value of damaged property for insurance claims. | Inspects damaged property and conducts research to determine its value. Prepares written reports with justifications for estimated value. | $25 – $45 |
Insurance Law Clerk | Provides legal assistance to insurance lawyers. | Researches case law, prepares legal documents, and assists with client communication. May attend court hearings and depositions. | $20 – $35 |
Insurance Paralegal | Provides legal assistance to insurance lawyers, similar to a law clerk, but with a focus on non-litigation tasks. | Drafts contracts, gathers evidence, and prepares legal documents. May communicate with clients and witnesses. | $20 – $35 |
Insurance Sales Agent | Sells insurance policies to individuals and businesses, similar to an insurance agent, but may work for a specific insurance company. | Meets with clients to assess their needs, explain coverage options, and answer questions. Close deals and collect premiums. | $20 – $40 |
Insurance Underwriter | Analyzes insurance applications to determine risk and approve or deny coverage. | Review medical records, driving history, and other relevant data. Apply underwriting guidelines to make decisions. May contact applicants for additional information. | $25 – $45 |
Insurance Sales Manager | Supervises and leads a team of insurance sales agents. | Recruits, hires, and trains sales agents. Sets sales goals and monitors performance. Provides coaching and support. | $50 – $80+ |
Insurance Salesman/Saleswoman | Sells insurance policies to individuals and businesses, similar to an insurance agent or sales agent. | Meets with clients to assess their needs, explain coverage options, and answer questions. Close deals and collect premiums. | $20 – $40 |
Insurance Rating Analyst | Analyzes data to develop and maintain insurance rating systems. | Collect and analyze data on claims, risks, and market trends. Develop and implement rating models. May present findings to management or regulators. | $30 – $55 |
Insurance Legal Assistant | Provides legal assistance to insurance lawyers, similar to a law clerk or paralegal, but with a focus on litigation tasks. | Drafts pleadings, motions, and other legal documents. Conducts legal research and prepares witnesses for trial. May attend court hearings. | $25 – $40 |
Insurance Sales Supervisor | Supervises and leads a team of insurance sales representatives. | Recruits, hires, and trains sales representatives. Sets sales goals and monitors performance. Provides coaching and support. | $40 – $70+ |
Insurance Agent Supervisor | Supervises and leads a team of insurance agents. | Recruits, hires, and trains insurance agents. Sets sales goals and monitors performance. Provides coaching and support. | $40 |
Salary of Insurance Workers
As an Insurance Worker in Canada, you will be able to earn between $17 to $38.46 per hour depending on some factors like the position, experience, qualification etc.
Employment requirements
This is what you typically need as an insurance worker in Canada:
- Completion of secondary school is usually required.
- On-the-job training and insurance industry courses and training programs are provided and are required for employment.
- Licensure by the insurance governing body in the province or territory of employment is required.
Additional information
- Completion of educational courses through the Canadian Association of Insurance and Financial Advisors allows for various levels of professional designations for insurance and financial advisors.
- Completion of educational programs through the Insurance Institute of Canada or its provincial counterpart entitles agents to professional recognition as an Associate of the Insurance Institute of Canada (A.I.I.C.) or Fellow of the Insurance Institute of Canada (F.I.I.C.).
- Progression to insurance management positions is possible through experience.
Tasks
- Identify and assess potential institutional, business and individual client markets
- Ensure appropriate forms, medical examinations and other policy requirements are completed
- Establish client insurance coverage, calculate premiums and establish method of payment
- Monitor insurance claims and respond to clients’ enquiries
- Provide information concerning group and individual insurance packages, the range of risk coverage, benefits paid and other policy features
- Sell automobile, fire, health, life, property, marine, aircraft and other types of insurance
Insurance Companies in Canada
Large Insurance Companies:
- Sun Life Financial: A leading insurance provider in Canada, offering a wide range of life, health, and wealth management products.
- Manulife: One of the largest life insurance companies in the world, with a strong presence in Canada.
- Great-West Lifeco: A financial services holding company with a number of insurance subsidiaries, including London Life, Great-West Life, and Canada Life.
- Desjardins Group: A leading provider of insurance, financial products, and services in Quebec and across Canada.
- Industrial Alliance Insurance and Financial Services Inc.: A life and health insurance company with a national presence in Canada.
Mid-Sized Insurance Companies:
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Pembridge Insurance: A property and casualty insurance company offering home, auto, and commercial insurance.
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Belairdirect: A direct-to-consumer insurance company offering home, auto, and business insurance.
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State Farm Canada: A subsidiary of the American insurance giant, State Farm, offering home, auto, and life insurance.
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Lumina Life Insurance Company of Canada: A subsidiary of Sun Life Financial, offering a range of life insurance products.
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Equitable Life of Canada: A mutual life insurance company offering a range of life insurance products.
Specialty Insurance Companies:
Online Insurance Companies:
- Square Insurance: A digital insurance company offering home and auto insurance.
- Sonnet Insurance: They are also a digital insurance company offering home and auto insurance.
- Purple Carrot: A digital insurance company offering home insurance.
- Lemonade Insurance: A digital insurance company offering home and renter’s insurance.
- Surex: A digital insurance platform offering a variety of insurance products, including home, auto, and business insurance.
This is not an exhaustive list, but it gives you a good starting point for your job search. It is important to research each company carefully to see if they are a good fit for you and your career goals.
Demystifying Insurance Companies in Canada
Canadians spend billions on insurance each year, but navigating the complex world of providers and policies can feel like deciphering ancient hieroglyphics. Fear not, fellow citizens! This post aims to be your trusty lantern, illuminating the landscape of Canadian insurance companies.
Who are the Big Players?
Canada’s insurance market boasts a diverse cast of characters, from industry giants to regional players. Here are some of the major players:
- The Big Five: Manulife, Sun Life, Great-West Lifeco, Desjardins, and IA Financial Group dominate the market, offering a wide range of insurance products.
- Regional Powerhouses: Smaller companies like The Co-operators, Economical Insurance, and CAA Insurance hold strong regional presences and cater to specific needs.
- International Players: Global insurance giants like Allstate and Aviva also have Canadian subsidiaries, offering competitive options.
Data Dive: Size Matters (But Not Always)
While size can indicate financial stability, it’s not the only factor to consider. Here’s a data-driven peek:
- Market Share: Manulife leads the pack with over 16% market share, followed by Sun Life and Great-West Lifeco. (Source: AM Best)
- Customer Satisfaction: Smaller players like CAA and Luko often score higher in customer satisfaction surveys. (Source: J.D. Power)
Beyond the Giants: What Else to Consider?
Choosing the right insurance company goes beyond brand recognition. Consider these factors:
- Coverage: Does their product portfolio align with your needs (e.g., auto, home, life)?
- Price: Compare quotes from different providers to find the best value.
- Claims Service: Research their claims settlement reputation and process.
- Customer Service: Ensure their customer service channels are accessible and responsive.
Questions You Might Have (And Answers!)
- What’s the difference between a broker and an agent? Brokers represent multiple companies, while agents are tied to one. Brokers offer wider options, while agents offer personalized service.
- Are online-only insurers reliable? Some online insurers offer competitive rates and convenience, but research their reputation and customer service thoroughly.
- How can I save on insurance? Bundle policies, maintain a good driving record, and consider raising your deductible for lower premiums.
Global Excel Canada
About Global Excel Management Inc. in Canada:
Global Excel Management Inc., located in Sherbrooke, Quebec, offers medical billing and claims administration services, primarily focused on out-of-country travel insurance claims. They work with major Canadian insurance companies like Canada Life to provide:
- Claims processing: Global Excel helps process and manage healthcare claims submitted by individuals covered under travel insurance policies issued by their partner companies. This includes verifying coverage, negotiating with healthcare providers, and settling claims according to policy terms.
- Assistance to policyholders: Their team assists policyholders with various aspects of their claims, such as:
- Providing information about coverage and benefits
- Helping obtain medical care while abroad
- Submitting medical bills and documentation
- Answering questions about the claims process
- Expertise in international healthcare: Their knowledge of international healthcare systems and medical providers helps ensure efficient and accurate claim processing.
Key Benefits of Global Excel for Travel Insurance Providers:
- Reduced administrative burden: By outsourcing claims processing and assistance, insurance companies can focus on their core business.
- Improved claims accuracy and efficiency: Global Excel’s expertise helps ensure claims are processed quickly and accurately, reducing costs and improving policyholder satisfaction.
- Local knowledge and support: Their Canadian location and understanding of local healthcare systems offer valuable support for travel insurance providers operating in Canada.
Additional Information:
- Global Excel does not directly sell travel insurance to individual consumers. They partner with insurance companies to provide claims administration and assistance services.
- Their services may also extend to other types of insurance claims beyond travel insurance, depending on specific partnerships.
- For more information about their services and partnerships, you can contact them directly through their website or the provided address: 73 Queen St, Sherbrooke, Quebec J1M 0C9, Canada.
Below are the latest, highest paid Insurance Jobs in Canada.
38,000+ Insurance jobs in Canada (1,553 new)
38,000+ Reasons to Launch Your Insurance Career in Canada!
The Canadian insurance industry is booming, with over 38,000 jobs currently available across the country! Whether you’re a seasoned professional or just starting out, this dynamic sector offers a wealth of exciting opportunities for growth and stability.
Here’s why you should consider a career in Canadian insurance:
- High demand: With an aging population and increasing insurance needs, the industry is constantly seeking qualified individuals.
- Variety of roles: Explore diverse options, from claims adjusting and underwriting to customer service and risk management.
- Competitive salaries and benefits: Enjoy attractive compensation packages and comprehensive benefits like health insurance and paid time off.
- Job security: The insurance industry is known for its stability, offering long-term career prospects.
- Professional development: Pursue specialized certifications and training programs to advance your skills and knowledge.
In-demand positions right now:
- Customer Service Representative: Be the friendly face of insurance, assisting clients with inquiries and concerns.
- Claims Adjuster: Investigate and assess insurance claims, ensuring fair and efficient settlements.
- Underwriter: Analyze risks and determine appropriate insurance coverage for individuals and businesses.
- Insurance Broker: Represent clients, comparing policies and finding the best coverage for their needs.
- Data Analyst: Use your data skills to identify trends and support informed decision-making within the industry.
With a booming job market, diverse opportunities, and promising career paths, the Canadian insurance industry welcomes you! Start your journey today and unlock your full potential in this exciting field.
38,000+ Insurance Jobs available from LinkedIn. Click here.
Insurance Broker Urgently needed by HUESTIS INSURANCE & ASSOCIATES
Job details
Location: Bathurst, NB
Salary: $35,000 to $45,000 annually for 70 hours bi-weekly
Terms of employment: Permanent employment, Full time 08:30 to 16:30
Start date: ASAP
Benefits: Health benefits, Financial benefits, Long term benefits, Other benefits
Overview
Languages
Bilingual
Education
- College, CEGEP or other non-university certificate or diploma from a program of 1 year to 2 years
- or equivalent experience
Experience
Experience an asset
Responsibilities
Tasks
- Establish client insurance coverage, calculate premiums and establish method of payment
- Monitor insurance claims and respond to clients’ enquiries
- Sell automobile, fire, health, life, property, marine, aircraft and other types of insurance
Experience and specialization
Insurance experience
- Automobile insurance
- House insurance
- Personal
Additional information
Work conditions and physical capabilities
- Attention to detail
- Sitting
- Fast-paced environment
Personal suitability
- Client focus
- Efficient interpersonal skills
- Excellent oral communication
- Excellent written communication
- Judgement
- Organized
- Reliability
- Team player
Screening questions
- Are you available for the advertised start date?
- Do you have previous experience in this field of employment?
- What is the highest level of study you have completed?
- What is your current field of study?
- What is your current level of study?
Benefits
Health benefits
- Disability benefits
- Health care plan
- Vision care benefits
Financial benefits
- As per collective agreement
- Commission
Long term benefits
- Life insurance
- Registered Retirement Savings Plan (RRSP)
Other benefits
- Free parking available
- Learning/training paid by employer
How to apply
By email:
[email protected]
This job posting includes screening questions. Please answer the following questions when applying:
- Are you available for the advertised start date?
- Do you have previous experience in this field of employment?
- What is the highest level of study you have completed?
- What is your current field of study?
- What is your current level of study?
Job Opportunity: Insurance Broker at Ficek Insurance Agency Ltd
Location: Brandon, MB
Salary: $30.00 hourly (To be negotiated)
Terms of Employment: Permanent, Full-time
Shift/Schedule: Day, Evening, Weekend
Start Date: Starts as soon as possible
Benefits: Health, Financial, Other benefits
Overview
Languages: English
Education: Other trades certificate or diploma or equivalent experience
Experience: Will train
Work Setting: On-site customer service
Responsibilities
- Identify and assess potential client markets
- Ensure completion of appropriate forms and policy requirements
- Establish client insurance coverage and calculate premiums
- Monitor insurance claims and respond to client inquiries
- Provide exceptional customer service
- Sell various types of insurance
Supervision: 1 to 2 people / 3 to 4 people
Credentials Required:
- Canadian Accredited Insurance Broker (CAIB)
- Provincial or territorial license
Additional Information
Security and Safety: Criminal record check
Transportation/Travel Information: Own transportation
Work Conditions and Physical Capabilities:
- Tight deadlines
- Attention to detail
- Sitting
- Combination of sitting, standing, walking
- Fast-paced environment
- Work under pressure
Personal Suitability:
- Client focus
- Efficient interpersonal skills
- Excellent oral and written communication
- Flexibility
- Judgment
- Organized
- Reliable
- Team player
Benefits:
- Health benefits
- Dental plan
- Health care plan
- Paramedical services coverage
- Financial benefits
- Commission
- Group insurance benefits
- Other benefits (Free parking, Learning/training paid by employer, Paid time off, Travel insurance)
Who Can Apply:
- Canadian citizens, permanent or temporary residents of Canada
- Other candidates with or without a valid Canadian work permit
How to Apply:
Email: [email protected]
Application Requirements:
- Cover letter
- References attesting experience
- Proof of requested certifications
Screening Questions:
- Are you willing to relocate for this position?
- What is the highest level of study you have completed?
- What is your current level of study?
Join our dynamic team at Ficek Insurance Agency Ltd and embark on a rewarding career in insurance brokerage. We look forward to welcoming dedicated professionals who are passionate about serving clients and making a positive impact in the insurance industry. Apply now!
Canadian Employment Insurance
Canadian Employment Insurance (EI): Straightforward Info
What is it?
Canadian Employment Insurance (EI) is a government program that provides temporary financial support to eligible individuals who lose their job through no fault of their own. It helps you bridge the gap between jobs while you actively look for new employment or upgrade your skills.
Who is eligible?
To qualify for EI, you must:
- Have lost your job through no fault of your own (e.g., layoff, shortage of work, etc.)
- Be available and actively looking for work
- Have accumulated enough insurable hours in the past year (the amount varies based on your region)
What types of benefits are available?
There are three main types of EI benefits:
- Regular benefits: Provide temporary income support while you search for a new job.
- Sickness benefits: Provide financial assistance if you are unable to work due to illness, injury, or quarantine.
- Special benefits: Available for specific situations like pregnancy, parental leave, or caring for a sick family member.
How to apply:
You can apply for EI online or by phone through Service Canada. They will assess your eligibility and determine your benefit amount and duration.
Key things to know:
- Applying: Apply online or at Service Canada as soon as you stop working. Delays can affect your benefits.
- Reporting: While receiving benefits, you must report your job search activities and earnings every two weeks.
- Eligibility: Check the official website for detailed requirements and benefit amounts based on your situation.
Resources:
Additional notes:
- Recent changes have made EI more flexible and easier to access, especially for seasonal workers.
- Self-employed individuals can also participate in EI and receive special benefits.
- Remember, this is just a brief overview. The official website has all the details you need.
Highest paying insurance jobs in Canada
- Actuary: $150,000 per year
- Chief underwriter: $120,000 per year
- Director of claims: $110,000 per year
- Insurance broker: $100,000 per year
- Director of sales: $90,000 per year
Medical insurance jobs in Canada
There are a variety of medical insurance jobs available in Canada, including:
- Claims adjuster: Investigates and processes claims for medical expenses.
- Underwriter: Assesses the risk of issuing health insurance policies.
- Customer service representative: Provides customer service to policyholders.
- Sales representative: Sells health insurance policies.
General insurance jobs in Canada
There are also a variety of general insurance jobs available in Canada, including:
- Claims adjuster: Investigates and processes claims for property damage, such as car accidents and home fires.
- Underwriter: Assesses the risk of issuing property and casualty insurance policies.
- Customer service representative: Provides customer service to policyholders.
- Sales representative: Sells property and casualty insurance policies.
Insurance jobs in Toronto
Toronto is the largest city in Canada and has a large insurance industry. There are many insurance jobs available in Toronto, in a variety of fields.
Insurance underwriter jobs in Canada
Insurance underwriters assess the risk of issuing insurance policies. They consider a variety of factors, such as the applicant’s age, health, driving record, and credit history. Underwriting jobs can be found in both property and casualty insurance and life and health insurance.
Insurance jobs in Ontario
Ontario is the most populous province in Canada and has a large insurance industry. There are many insurance jobs available in Ontario, in a variety of fields.
Here are some resources that you can use to find insurance jobs in Canada:
- Indeed
- Glassdoor
- The Canadian Council of Insurance Institutes
- The Life Office Management Association
Conclusion
Before applying for any of the latest Insurance Jobs in Canada ensure to read the job details carefully and follow all instructions stated in the job details.
Thanks.