Immigrate to Canada as an Insurance agent or broker
Insurance agents and brokers are in demand right across Canada and you may be able to secure a Canadian Permanent Residency Visa either with or without a job offer.
There are thousands of Insurance agents and brokers just like you moving to Canada. Find out how to join them. Canada needs more Insurance agents and brokers. If you are thinking about moving to Canada as an Insurance agent or broker, all the information you need is right here.
Insurance agents and brokers are wanted in Canada
Did you know that Insurance agents and brokers are one of the most in-demand jobs in Canada? Insurance agents and brokers are in high demand in all 11 of Canada’s provinces and territories, and as a highly-skilled professional, you can expect to earn between $69300 and $98400 per year.
When considering Canada as your new home, there are not only numerous immigration options for you to choose from, but plenty of job opportunities too.
Jobs in Canada for Insurance agents and brokers
One of the biggest questions when moving to Canada is “will I be able to find work as an Insurance agent or broker in Canada?”. The simple answer is Yes, you will! (Of course each Insurance agents and brokers level of training and experience is a core factor, as is the case in any country.)
Below are answers to some of the most frequently asked questions about jobs in Canada for Insurance agents and brokers.
Is There Really a Demand for Insurance agents and brokers in Canada?
Yes there is! As mentioned previously, you can immigrate to Canada as an experienced Insurance agent and broker with a high chance of finding employment in any of Canada’s 11 provinces. These job opportunities can be found in:
- British Columbia
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Prince Edward Island
Over the next few years, it is estimated that there will be 25000 new jobs created due to expansion and a need for replacement as well as 32000 new positions for graduates and immigrants to fill who want to live and work in Canada.
This is why Canada needs Insurance agents and brokers. You really can be moving to Canada as an Insurance agent or broker
How Much Do Insurance agents and brokers Earn in Canada?
Salaries in Canada are very competitive and, as an experienced Insurance agent and broker, you can expect to earn between $69300 and $98400 per year.
How do I search for Insurance agent and broker positions in Canada?
Most Insurance agent and broker jobs in Canada are advertised online on jobs sites. Often, a code is used to identify Insurance agent and broker jobs. These codes are used across Canada to identify all kinds of occupations.
The codes are called NOC codes. The NOC code for Insurance agent and broker is 6231. There are a range of positions that are associated with Insurance agents and brokers.
These are occupations many Insurance agents and brokers also participate in. If you work in or are employed as any of the following positions, you are covered by the overarching noc code of 6231 for Insurance agents and brokers
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.;
Further Positions within the term of Insurance agent and broker include:
- Automobile insurance agent
- Automobile insurance salesman/woman
- District supervisor – insurance office
- Field agent – insurance
- Fire insurance agent
- Fire insurance salesman/woman
- General insurance representative
- Group insurance representative
- Insurance agent
- Insurance agent supervisor
- Insurance broker
- Insurance sales agent
- Insurance sales representative
- Insurance sales supervisor
- Insurance salesman/woman
- Life insurance agent
- Life insurance representative
- Life insurance salesman/woman
If your position is on the above list, you have found your relevant NOC Code, it is 6231
How Do I Move to Canada to Live and Work as an Insurance agent or broker?
Step 1 : Determine you are eligible to immigrate
The simplest way to do this is to take our free visa assessment. There are more than 80 visa pathways to Canada. Once you take your visa assessment we will be able to guide you as to which is the best path for your particular circumstances.
Step 2: Have Your Qualifications Accredited for Canada
In order to live and work in Canada as an Insurance agent or broker, you will need to have your qualifications that you earned outside of Canada accredited and ensure that it is recognized in Canada.
An Educational Credential Assessment (ECA) confirms that your degree, diploma or certificate is both valid and equal to Canadian standards. This is vital as it will allow you to claim the Permanent Residency points for your education and training and might also be required for employment, professional registration within Canada and Canadian immigration services.
Below is a list of designated organizations that are licensed to do your assessment:
- Comparative Education Service – University of Toronto School of Continuing Studies;
- International Credential Assessment Service of Canada;
- World Education Services;
- International Qualifications Assessment Service (IQAS); and
- International Credential Evaluation Service.
Educational and experience requirements for Insurance agents and brokers include:
- 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.
- A mutual funds licence is usually required.
- Registration with the securities regulatory authority in the province or territory of employment is usually required.
- Completion of a loan or credit training program ranging from six to twelve months is usually required.
- Various training programs and courses are offered by the Institute of Canadian Bankers and may be required by employers.
- Financial services officers who sell regulated financial products and investments are required to be licensed by the appropriate governing body.
You may be required to provide a range of documentation and references to prove your abilities and experience during your evaluation process for Canadian Immigration.
Step 3: Start the Migration Process, apply for your Canada Visa
There are many routes you can take when moving to Canada as an Insurance agent or broker but we’ve listed the top 4 ways that will give you the greatest chances of success in the application process:
- Express Entry system
- Provincial Nominee Program
- The Rural and Northern Immigration Program
- The Atlantic Immigration Pilot
1. Express Entry
The Express Entry (EE) system is our top choice for moving to Canada as an Insurance agent or broker. Not only is it the fastest but it is also one of the simplest ways to immigrate to Canada. With the right age, language skills in French and/or English, qualifications and other criteria you could be moving to Canada fast, you could be on your way to Canada in 6 months.
The first stage in your Canadian Express Entry immigration process is to calculate your Canada Immigration points for Express Entry using the Canadian Comprehensive Ranking System (CRS).
Some of the elements that CRS Points are awarded for include:
- English ability
- French ability
- Your partner’s skills
- Work experience
Take our free online visa assessment for an up to date report on whether you have enough points to move to Canada as an Insurance agent or broker from both an Express Entry and Immigration points perspective.
2. Provincial Nominee Program
The Provincial Nominee Program (PNP) allows skilled and semi-skilled immigrants to live and work in Canada. You will need a valid job offer in Canada of at least 1 year for most immigration streams. 11 provinces and territories have their own PNPs, each with their own with specific labor needs.
If your skills match what your chosen province or territory is looking for, you may receive a provincial nomination, which is worth 600 extra Permanent Residency points which means that you’re practically assured of an offer for Canadian permanent residence.
3. The Rural and Northern Immigration Pilot
Seeing as Insurance agents and brokers are in-demand you may be eligible to immigrate to Canada through the Rural and Northern Immigration Pilot (RNIP). There are 11 participating communities currently participating in the pilot program. You will need a valid job offer in one of the participating communities to be considered eligible to apply for Canadian permanent residency through the RNIP.
4. The Atlantic Immigration Pilot
The Atlantic Immigration Pilot allows intermediate to highly and semi-skilled foreign workers to move to Canada’s Atlantic provinces and seeing as Insurance agents and brokers are in high need in the 4 Atlantic provinces, you may be eligible to apply if you have a valid job offer for at least 1 year.
Step 4: Apply for an Insurance agent or broker Job in Canada
As a highly skilled worker, it is not a requirement that you have a job to be able to immigrate to Canada but it will make it faster. It will help with the immigration process as you can earn between 50 and 200 PR points for a valid job offer. This moves you ahead in the pool of candidates, as the more points you have the more chance you have of receiving an invitation in one of the many offer rounds made within the Canada Visa System.
Insurance agents and brokers in Canada are described as doing the following:
- 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.
You can expect to see these terms in Job ads in Canada for Insurance agents and brokers along with the following common tasks, duties and responsibilities of Insurance agents and brokers in Canada.
There has never been a better time to get moving to Canada as an Insurance agent or broker.
If you are looking to apply to move to Canada in a different occupation, you can find the information on our Canada Skilled Immigration Guides page.
If you are looking for a job in Canada – you can find a guide on each occupation and the job application procedure for Canada on our Canada Job Guides index.
As mentioned above you will need to attend the Canadian Embassy nearest you during your application process to live in Canada as an Insurance agent or broker. You can find the complete list of all Canadian Embassies Worldwide here.
Useful links for Insurance agents and brokers moving to Canada
Jacqueline Chow is an international immigration and visa expert with over 15 years of experience in the field. With a background in law and a passion for helping people, Jacqueline has built a reputation as a trusted and reliable source of information and advice on all aspects of immigration and visas. She has worked with clients from all over the world, including high-net-worth individuals, professionals, skilled workers and families. As a sought-after speaker and commentator Jacqueline has been featured in various media outlets and has given talks on immigration and visas at conferences and events around the world.