Explore Careers - Job Market Report

in
Printing Options
Insurance Agents and Brokers  (NOC 6231)
Toronto Region
Description |  Titles |  Duties |   Related Occupations

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.

insurance agent, insurance broker, insurance sales representative.

View all

Insurance agents and brokers perform some or all of the following duties:
  • 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.
Included Cities in Region | Service Canada Offices

Toronto, Brampton, Mississauga, Oshawa, Vaughan, Ajax, Aurora, Beaverton, Bowmanville, Caledon, Cannington, East Gwillimbury, Halton Hills, King City, Markham, Milton, Newmarket, Oakville, Pickering, Port Perry, Richmond Hill, Whitby, Whitchurch-Stouffville, Acton, Algonquin Island, Bolton, Briars Park, Brooklin, Caledon East, Centre Island, Delrex, Dorset Park, Franklin Beach, Gaud Corners, Georgetown, Glen Williams, Jacksons Point, Marywood Meadows, Mono Road, Mossington Park, Newcastle, Nobleton, Norval, Orono, Port Darlington, Stouffville, Sutton, Toronto Islands, Uxbridge, Ward's Island, Wildwood, Wilmot Creek

View all

View a list of Service Canada offices in this area.

Education & Job Requirements for Insurance Agents and Brokers in Toronto Region

Education and job requirements can vary by region. Workers in regulated occupations require a licence to work legally. Workers in non-regulated occupations do not require a licence, but employers may have other certification requirements.

Local Employment Requirements

Insurance agents who are employed by insurance companies are licensed in Ontario by the Financial Services Commission of Ontario (FSCO).
www.fsco.gov.on.ca

Insurance brokers and persons employed by them are licensed in Ontario by the Registered Insurance Brokers of Ontario (RIBO). www.ribo.com

[Report Publication Date: 2012-07-19 |  Source: Labour Market Information - HRSDC ]

Skills Requirements

There are often specific abilities, aptitudes and knowledge that are prerequisites to obtain employment in an occupation.

Most employers who advertise are looking for workers who have the following experience and skills:

Experience:
No experience required, training will be provided.

Specific Skills:
Use insurance software packages.

Essential Skills:
Oral communication, working with others, computer use, problem solving, job task planning and organizing, writing, reading text, document use, finding information, critical thinking, decision making, continuous learning, numeracy and significant use of memory.

[Source: Labour Market Information - HRSDC ]

List of Associations

AssociationsLink opens in a new window are organizations that may provide news to its members about networking events, professional development and other common issues for people working in the same industry.

[ Source: Labour Market Information - HRSDC ]

CanLearn Searches

  • Programs

    Detailed profiles, requirements and application and admissions information.

  • CEGEPs, Colleges and Universities

    Find the school that best suits your needs.

  • Scholarships

    Information on scholarships, bursaries, grants, and other forms of financial assistance.

[ Source: CanLearn - HRSDC ]

Local Training

Insurance agents and brokers must obtain a license from their respective regulatory bodies.

To become a licensed insurance agent in Ontario, one must complete the qualifying examination through the Insurance Institute of Canada and meet other licencing requirements set by the Financial Services Commission of Ontario (FSCO).
www.insuranceinstitute.ca
www.fsco.gov.on.ca

To become a licensed insurance broker in Ontario, one must complete the qualifying examination and meet licensing requirements of the Registered Insurance Brokers of Ontario (RIBO).
www.ribo.com

[ Report Publication Date: 2012-07-19 | Source: Labour Market Information - HRSDC ]
Information for Newcomers

Getting your language skills assessed

If you do not know what your English or French language level is, visit one of the Language Assessment Centres across Canada. They will assess your language level and direct you to the appropriate language training program.

[ Source: Citizenship and Immigration Canada ]
Please consult the Ontario and Canada tabs for more useful information related to education and job requirements.