NOC 2021 · 10020 · TEER 0
NOC 10020: Insurance, real estate and financial brokerage managers
Official NOC 2021, Job Bank and IRCC data · checked 21 October 2026
Insurance, real estate and financial brokerage managers plan, organize, direct, control and evaluate the activities of departments or establishments that provide insurance, mortgage, real estate and investment services. They are generally responsible for business development and must ensure that their group reaches performance levels related to established objectives. They are employed by insurance companies, real estate firms, stockbrokers, investment dealers, mortgage brokers and security and commodity exchanges.
TEER
TEER 0
Management occupations
Median wage (Canada)
$59.23 / hour
Job Bank, 2023-2024
High-wage tier (from 3 Nov 2026)
Tier 1
+70 CRS for Canadian work, or 100 for a job offer
Express Entry categories
None
General and program draws only
Express Entry
How NOC 10020 counts for Express Entry
- Federal Skilled Worker: eligible occupationNeeds 1 year of continuous skilled (TEER 0–3) work in the last 10 years and 67 points on the FSW grid.
- Canadian Experience Class: eligible occupationNeeds 1 year of skilled (TEER 0–3) work in Canada in the last 3 years.
- Federal Skilled Trades: not eligibleNeeds 2 years of work in an eligible trade group in the last 5 years, plus a job offer or a Canadian certificate of qualification.
High-wage CRS points
NOC 10020 is in tier 1 of IRCC's high-wage list, in effect from 3 November 2026.
| 12+ months of Canadian work | +70 points on top of work-length points |
|---|---|
| Qualifying job offer (no LMIA) | 100 points |
You get whichever option scores higher, not both.
See all 186 high-wage occupationsCategory-based draws
NOC 10020 is not on any of IRCC's 2026 occupation categories. You can still be invited through general, program-specific or French-language draws.
IRCC category listsDuties
Main duties
This group performs some or all of the following duties:
- Insurance managers
- Plan, organize, direct, control and evaluate the operations of an establishment or department that provides automobile, fire, life, property or other types of insurance services.
- Real estate service managers
- Plan, organize, direct, control and evaluate the operations of an establishment or department that buys, sells and leases residential and commercial properties for clients.
- Mortgage broker managers
- Plan, organize, direct, control and evaluate the operations of an establishment or department that finds lenders or lending institutions on behalf of clients seeking a mortgage.
- Securities managers
- Plan, organize, direct, control and evaluate the operations of an establishment or department that buys and sells stocks, bonds and other forms of investments on behalf of individual or institutional clients and manage the investments of their own clients.
For Express Entry, your experience must match the lead statement and most of these duties, not only the job title.
Job titles
Example job titles
- bond sales manager
- brokerage manager - investments
- commodities trading manager
- financial brokerage manager
- insurance claims service manager
- insurance manager
- investment manager - financial brokerage
- mortgage broker manager
- real estate service manager
- securities sales director
- trading floor manager
All 42 job titles in NOC 10020
- bond sales manager
- branch manager - insurance
- brokerage manager - investments
- business development manager - damage insurance
- commercial lines account manager
- commission brokers manager - investments
- commodities trading manager
- financial brokerage manager
- futures research manager
- futures research services manager
- grain trading manager
- insurance benefits executive director
- insurance claims service manager
- insurance manager
- insurance managing director
- insurance regional manager
- insurance sales district manager
- insurance sales manager
- investment director - financial brokerage
- investment manager - financial brokerage
- leasing manager - real estate
- liability trading manager
- mortgage broker manager
- mutual funds manager - financial brokerage
- petroleum research manager - securities
- real estate agents managing supervisor
- real estate branch manager
- real estate broker
- real estate developer
- real estate national sales manager
- real estate office manager
- real estate sales district manager
- real estate sales manager
- real estate sales managing director
- real estate service manager
- securities and investment manager
- securities manager
- securities research director
- securities research manager
- securities sales director
- trading floor manager
- underwriting department manager
Also includes: real estate developer.
Requirements
Employment requirements
- A university degree or college diploma in business administration, economics or other related field is usually required.
- Several years of experience within the appropriate industry are usually required.
- Licensure appropriate to the service sold, such as real estate, mortgage, securities or insurance, may be required.
- In the securities and investment industries, a recognized financial designation may be required (CFA, CFP, CIM or others).
- In the insurance industry, a recognized professional designation is usually required.
Additional information
- There is no mobility between the different types of managers in this unit group.
- Progression to senior management positions is possible with experience.
This occupation may be regulated in some provinces. You may need a licence or certificate from the provincial regulator before you can work in it in Canada, even if you hold permanent residence.
Wages
Wages for NOC 10020 in Canada
Low, median and high wages per hour in Canadian dollars, from ESDC Job Bank's 2025 wage data.
| Region | Low | Median | High | Source |
|---|---|---|---|---|
| Canada | $39.62 | $59.23 | $105.77 | Labour Force Survey, 2023-2024 |
| Newfoundland and Labrador | $41.76 | $48.52 | $71.43 | Labour Force Survey, 2023-2024 |
| Prince Edward Island | $36.58 | $50.45 | $69.54 | Small Area Estimation, 2024 |
| Nova Scotia | $23.64 | $49.23 | $71.43 | Labour Force Survey, 2023-2024 |
| New Brunswick | $19.23 | $45.13 | $67.47 | Labour Force Survey, 2023-2024 |
| Quebec | $37.63 | $59.86 | $98.90 | Labour Force Survey, 2023-2024 |
| Ontario | $41.03 | $58.97 | $108.17 | Labour Force Survey, 2023-2024 |
| Manitoba | $40.26 | $60.10 | $82.21 | Labour Force Survey, 2023-2024 |
| Saskatchewan | $35.93 | $57.69 | $84.13 | Labour Force Survey, 2023-2024 |
| Alberta | $40.76 | $61.21 | $100.04 | Small Area Estimation, 2024 |
| British Columbia | $39.42 | $61.54 | $108.17 | Labour Force Survey, 2023-2024 |
Provinces with too little data are not shown. Wages vary by city and employer; see Job Bank for regional figures.
Job outlook
Job outlook by province, 2025–2027
Job Bank rates the 3-year outlook as good or very good in Nova Scotia, New Brunswick, Quebec, Manitoba, Saskatchewan, Alberta.
GoodNova Scotia
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in Nova Scotia for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in Nova Scotia:
Approximately 700 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 67%
Real Estate and rental and leasing (NAICS 53): 21%
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 10%
86% of insurance, real estate and financial brokerage managers work all year, while 14% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 42 weeks for all occupations.
17% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 11% for all occupations.
The gender distribution of people in this occupation is:
Men: 50% compared to 51% for all occupations
Women: 50% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 10% for all occupations
high school diploma or equivalent: 20% compared to 27% for all occupations
apprenticeship or trades certificate or diploma: 7% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 12% compared to 22% for all occupations
bachelor's degree: 45% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 14% compared to 10% for all occupations
GoodNew Brunswick
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in New Brunswick for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to several new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Insurance managers are employed by insurance carriers, agencies, and brokerages. Real estate managers are generally employed by real estate brokerages, and property management companies. Financial brokerage managers are typically employed by large brokerage firms.
Several years of experience working in either industry will enhance employment prospects.
Insurance industry candidates may require a Certified Risk Manager (CRM) or Chartered Insurance Professional (CIP) professional designation.
New Brunswick’s Real Estate Agents Act requires that each manager in this field possess a Real Estate Manager’s Licence.
A Chartered Financial Analyst (CFA) or other recognized financial designation are generally required for financial brokerage managers.
Expertise in local insurance, real estate, or financial trends is typically required.
Knowledge of both French and English will be required in certain areas of the province.
Here are some key facts about insurance, real estate and financial brokerage managers in New Brunswick:
Approximately 550 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 61%
Real Estate and rental and leasing (NAICS 53): 33%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 91% compared to 84% for all occupations
Part-time workers: 9% compared to 16% for all occupations
89% of insurance, real estate and financial brokerage managers work all year, while 11% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 42 weeks for all occupations.
26% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 10% for all occupations.
The gender distribution of people in this occupation is:
Men: 52% compared to 52% for all occupations
Women: 48% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 11% for all occupations
high school diploma or equivalent: 19% compared to 30% for all occupations
apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 28% compared to 23% for all occupations
bachelor's degree: 36% compared to 16% for all occupations
university certificate, degree or diploma above bachelor level: 10% compared to 7% for all occupations
GoodQuebec
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in Quebec for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in Quebec:
Approximately 9,050 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Finance, insurance, real estate and leasing (NAICS 52, 53): more than 95%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 92% compared to 82% for all occupations
Part-time workers: 8% compared to 18% for all occupations
83% of insurance, real estate and financial brokerage managers work all year, while 17% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
26% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 54% compared to 52% for all occupations
Women: 46% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 12% for all occupations
high school diploma or equivalent: 11% compared to 19% for all occupations
apprenticeship or trades certificate or diploma: 8% compared to 19% for all occupations
college certificate or diploma or university certificate below bachelor's: 27% compared to 22% for all occupations
bachelor's degree: 35% compared to 17% for all occupations
university certificate, degree or diploma above bachelor level: 18% compared to 11% for all occupations
GoodManitoba
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in Manitoba for the 2025-2027 period.
The following factors contributed to this outlook:
Employment is expected to remain relatively stable.
Several positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in Manitoba:
Approximately 1,500 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 68%
Real Estate and rental and leasing (NAICS 53): 27%
89% of insurance, real estate and financial brokerage managers work all year, while 11% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 43 weeks for all occupations.
15% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 52% compared to 53% for all occupations
Women: 48% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 12% for all occupations
high school diploma or equivalent: 17% compared to 31% for all occupations
apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 28% compared to 17% for all occupations
bachelor's degree: 33% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 14% compared to 8% for all occupations
GoodSaskatchewan
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in Saskatchewan for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in Saskatchewan:
Approximately 1,150 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 77%
Real Estate and rental and leasing (NAICS 53): 16%
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 7%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 90% compared to 81% for all occupations
Part-time workers: 10% compared to 19% for all occupations
89% of insurance, real estate and financial brokerage managers work all year, while 11% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 43 weeks for all occupations.
22% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 16% for all occupations.
The gender distribution of people in this occupation is:
Men: 51% compared to 53% for all occupations
Women: 49% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 11% for all occupations
high school diploma or equivalent: 19% compared to 33% for all occupations
apprenticeship or trades certificate or diploma: 11% compared to 15% for all occupations
college certificate or diploma or university certificate below bachelor's: 28% compared to 17% for all occupations
bachelor's degree: 28% compared to 18% for all occupations
university certificate, degree or diploma above bachelor level: 11% compared to 7% for all occupations
GoodAlberta
The employment outlook will be Good for insurance, real estate and financial brokerage managers (NOC 10020) in Alberta for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in Alberta:
Approximately 4,050 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 45%
Real Estate and rental and leasing (NAICS 53): 36%
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 14%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 90% compared to 80% for all occupations
Part-time workers: 10% compared to 20% for all occupations
86% of insurance, real estate and financial brokerage managers work all year, while 14% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 42 weeks for all occupations.
30% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 57% compared to 53% for all occupations
Women: 42% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 10% for all occupations
high school diploma or equivalent: 21% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 6% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 25% compared to 19% for all occupations
bachelor's degree: 32% compared to 21% for all occupations
university certificate, degree or diploma above bachelor level: 14% compared to 9% for all occupations
ModerateOntario
The employment outlook will be Moderate for insurance, real estate and financial brokerage managers (NOC 10020) in Ontario for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
Several positions will become available due to retirements.
Here are some key facts about insurance, real estate and financial brokerage managers in Ontario:
Approximately 23,050 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 49%
Real Estate and rental and leasing (NAICS 53): 32%
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 17%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 93% compared to 81% for all occupations
Part-time workers: 7% compared to 19% for all occupations
84% of insurance, real estate and financial brokerage managers work all year, while 16% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
21% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 54% compared to 52% for all occupations
Women: 46% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 9% for all occupations
high school diploma or equivalent: 13% compared to 25% for all occupations
apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
college certificate or diploma or university certificate below bachelor's: 20% compared to 22% for all occupations
bachelor's degree: 43% compared to 24% for all occupations
university certificate, degree or diploma above bachelor level: 20% compared to 13% for all occupations
ModerateBritish Columbia
The employment outlook will be Moderate for insurance, real estate and financial brokerage managers (NOC 10020) in British Columbia for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
Several positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about insurance, real estate and financial brokerage managers in British Columbia:
Approximately 6,050 people work in this occupation.
Insurance, real estate and financial brokerage managers mainly work in the following sectors:
Insurance Carriers and related activities (NAICS 524, 526): 42%
Real Estate and rental and leasing (NAICS 53): 40%
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 14%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 88% compared to 78% for all occupations
Part-time workers: 12% compared to 22% for all occupations
78% of insurance, real estate and financial brokerage managers work all year, while 22% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
35% of insurance, real estate and financial brokerage managers are self-employed compared to an average of 17% for all occupations.
The gender distribution of people in this occupation is:
Men: 56% compared to 52% for all occupations
Women: 43% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 8% for all occupations
high school diploma or equivalent: 18% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 5% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 20% compared to 17% for all occupations
bachelor's degree: 38% compared to 22% for all occupations
university certificate, degree or diploma above bachelor level: 16% compared to 12% for all occupations
UndeterminedNewfoundland and Labrador
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedPrince Edward Island
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNorthwest Territories
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNunavut
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
Source: ESDC Job Bank, 3-year employment outlooks 2025–2027 (released December 2025).
Provinces
Provincial Nominee Programs
A provincial nomination adds 600 CRS points. Most provinces run occupation-targeted draws or in-demand lists, and some accept TEER 4 and 5 occupations that Express Entry does not.
Provincial lists change often, sometimes between draws. We check whether NOC 10020 is being targeted by any province as part of a consultation.
Similar occupations
Related NOC codes
Classified elsewhere
If your duties fit one of these better, use that code instead.
Same occupation group
Managers in financial and business services
Questions
NOC 10020: common questions
What is the NOC code for insurance, real estate and financial brokerage managers?
What TEER category is NOC 10020?
Is NOC 10020 eligible for Express Entry?
Is NOC 10020 a high-wage occupation for Express Entry?
Is NOC 10020 eligible for category-based Express Entry draws?
What is the median wage for NOC 10020 in Canada?
Classification
Where it sits in NOC 2021
- 1Business, finance and administration occupationsBroad Category
- 10Specialized middle management occupations in administrative services, financial and business services and communication (except broadcasting)Major Group
- 100Specialized middle management occupations in administrative services, financial and business services and communication (except broadcasting)Sub-major Group
- 1002Managers in financial and business servicesMinor Group
- 10020Insurance, real estate and financial brokerage managers
Enquiry
Is NOC 10020 your occupation? Ask us about your options.
Tell us your duties, experience and language scores. We will confirm your NOC code and the Canadian routes that fit.
Sources: Statistics Canada, NOC 2021 Version 1.0, Job Bank wages (2025), Job Bank outlooks 2025–2027 and IRCC. Contains information licensed under the Open Government Licence – Canada. Checked 21 October 2026.
NOC 2026 is due from Statistics Canada in December 2026. IRCC still uses NOC 2021 codes, and this page will show any change once IRCC switches.
This page is general information, not immigration advice. It is not affiliated with or endorsed by the Government of Canada, IRCC or ESDC.
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