Vancouver, BC – April 9, 2025 – As hiring demands remain high and skilled professionals become harder to find, a new salary guide from Impact Recruitment and Aplin reveals key compensation trends shaping Canada’s insurance industry in 2025.
The Insurance Salary Guide, the first in a new series of industry-specific reports, reveals a shift in how employers are approaching compensation. With changing workforce expectations and growing competition for experienced talent, many organizations are evolving their pay structures by introducing more flexible packages, performance-based bonuses, and long-term incentives to attract and retain top professionals.
“We are supporters of the insurance industry,” says Stefan Rolfe, Director of Insurance Recruitment at Impact Recruitment. “We want to provide the data and insight that help employers and professionals make confident, informed decisions.”
Key Findings Include:
Compensation tied to performance is on the rise. Employers increasingly offer book-of-business ownership, structured bonuses, and equity incentives, especially for brokers and senior-level underwriters.
Hiring is highly regionalized. Ontario and Alberta continue to lead on base pay for many roles, while Western Canada sees stronger competition for bilingual professionals and niche technical expertise.
Junior-level roles show modest increases. Entry-level claims and underwriting positions see incremental salary growth, with employers focusing on strong onboarding and upskilling programs to support retention.
The guide also highlights a tightening talent pool, with both large firms and boutique brokerages facing challenges in attracting experienced candidates due to increased competition, hybrid work expectations, and generational workforce shifts.
Available now for free download, the Insurance Salary Guide is designed for hiring managers, HR professionals, and job seekers alike. It includes role-specific salary ranges, market insights, and regional breakdowns across Canada.
Download the 2025 Insurance Salary Guide here: https://www.aplin.com/salary-guides
This marks the first release in a new monthly salary guide series from Impact Recruitment and Aplin. Upcoming editions will cover key sectors including Engineering, IT & Technology, Finance & Accounting, Supply Chain, and Legal.
For media inquiries, quotes, or interviews with Stefan Rolfe, please contact:
Crystal Furtado
Marketing Manager
Aplin
cfurtado@aplin.com