Insurance Advisor NOC Code – 63100

NOC Version: NOC 2021 Version 1.0

Position Summary for NOC 63100 – Insurance Agents and Brokers

In the financial world, where protection and trust matter most, professionals who work under the Insurance Advisor NOC code (NOC 63100 – Insurance Agents and Brokers) play a crucial role. These advisors are the bridge between clients and the security they seek, whether it’s safeguarding their homes, cars, health, or future. Insurance advisors possess the expertise to match clients with policies that align with their unique needs, carefully explaining coverage, benefits, and risks in ways that build confidence and peace of mind.

From helping families plan for unforeseen medical costs to guiding business owners in protecting assets, these professionals provide more than policies—they provide stability. Every signed contract represents not only a transaction but a promise of security. With their deep understanding of products and regulations, insurance advisors work to ensure clients are never left unprotected in times of uncertainty.

Like other regulated occupations, insurance advisors can benefit from a wide range of government resources to stay informed about compliance, licensing, and industry standards. Whether working as an independent agent or within a larger organization, professionals in this employment group can access official occupational information and guidelines that outline the expectations and responsibilities tied to their role. Agents are encouraged to use online services and government portals to search for updates on certification requirements, policy changes, and continuing education opportunities. In addition to digital platforms, they can attend workshops and seminars hosted by regulatory bodies, ensuring that each insurance agent remains aligned with best practices in the industry. By consistently engaging with these resources and networks, professionals in NOC 63100 strengthen not only their knowledge but also the trust they provide to clients, solidifying their role as vital contributors to financial protection and security.

Job Titles Specific for NOC 63100 in Canada

Insurance Agent
Insurance Broker
Insurance Sales Representative
Insurance Sales Supervisor

Main Responsibilities common for NOC 63100 in Canada

Selling Insurance Products

Insurance agents and brokers sell a wide variety of insurance options, including automobile, property, health, life, fire, marine, and even aircraft coverage. They work directly with clients to identify risks and recommend appropriate solutions.

Establishing Coverage and Premiums

They determine insurance coverage, calculate premiums, and establish payment methods tailored to client needs. This often involves balancing affordability with adequate protection.

Advising Clients

Insurance advisors provide detailed explanations of group and individual packages, outlining benefits, limitations, risk coverage, and policy features in clear and accessible terms.

Policy and Claims Processing

They ensure forms, applications, and requirements such as medical examinations are completed. Advisors also monitor claims, respond to inquiries, and assist clients in navigating the claims process.

Prospecting and Client Relations

A major part of their role includes identifying and soliciting potential clients. Strong networking, relationship-building, and client retention skills are central to their work related success.

Job Requirements for NOC 63100 in Canada

Education: Completion of secondary school is usually required.
Training: On-the-job training is standard. Industry courses and insurance training programs are essential.
Licensing: Licensure by the insurance governing body in the province or territory of employment is mandatory.
Certification:
- Insurance Institute of Canada programs offer Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations.
- Financial Advisors Association of Canada (Advocis) provides professional designations for those combining insurance and financial advising.
Experience: With experience, professionals can progress into insurance management positions.

Median Hourly Wages by Provinces

(Wage data varies by province; sample averages are presented below based on government sources and industry reports.)

Canada (National Median): $26.44
Alberta: $28.00
British Columbia: $25.00
Manitoba: $24.00
New Brunswick: $22.50
Newfoundland and Labrador: $23.00
Northwest Territories: $35.00
Nova Scotia: $22.00
Nunavut: $35.00
Ontario: $26.50
Prince Edward Island: $22.00
Quebec: $25.00
Saskatchewan: $24.50
Yukon: $34.00

Government Resources

For more information, refer to the official Government of Canada’s NOC website, which serves as the central hub for details about regulated occupations. This online platform provides tools to search for occupational codes, job descriptions, and regulatory requirements specific to different industries, including sales and financial services.

It offers comprehensive guidance on:

Licensing and certification requirements by province.
Training resources and educational pathways.
Updates on occupational standards and regulations.
Employment trends and labour market information related to this occupational group.

By using these official resources, professionals working as insurance advisors in NOC 63100 can stay aligned with government expectations, ensure compliance with industry standards, and strengthen their role in the broader field of sales occupations. Leveraging these services allows agents and brokers to expand their expertise, access valuable occupational updates, and provide clients with reliable, professional support in all aspects of insurance coverage.