Job prospects Insurance Broker in Prince Edward Island

Explore current and future job prospects for people working as an "insurance broker" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

The recent trends from the past 3 years were updated on July 25, 2025. The job outlooks over the next 3 years were updated on December 10, 2025.

Moderate

The employment outlook will be Moderate for insurance agents and brokers (NOC 63100) in Prince Edward Island 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 moderate number of unemployed workers with recent experience in this occupation.

Here are some key facts about insurance agents and brokers in Prince Edward Island:

Approximately 200 people work in this occupation.
Insurance agents and brokers mainly work in the following sectors:
- Insurance Carriers and related activities (NAICS 524, 526): more than 95%
70% of insurance agents and brokers work all year, while 30% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 44 weeks compared to 41 weeks for all occupations.
31% of insurance agents and brokers are self-employed compared to an average of 13% 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: n/a
- high school diploma or equivalent: 28% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 8% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor's: 26% compared to 25% for all occupations
- bachelor's degree: 28% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: n/a

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