Managers in financial and business services
Insurance, real estate and financial brokerage managersNOC 10020, TEER 0
NOC 10020 (Insurance, real estate and financial brokerage managers) is TEER 0.TEER 0
Management occupations
- Express Entry
- IRCC counts TEER 0 to 3 work for the Federal Skilled Worker Program and the Canadian Experience Class, so work in NOC 10020 sits inside that range.
- 2026 categories
- IRCC's 2026 category lists do not include NOC 10020.
- Median wage
- $59.23 an hour across Canada, from Job Bank's 2025 wage release (2023-2024 data).
- Provincial programs
- Each province sets which occupations its streams take. From our registry: OINP Ontario Workforce Priority stream, status Open, verified November 12, 2026.
How to read this code
- Broad category
- The first digit is the broad occupational category, the widest grouping in the NOC.
- TEER
- The second digit, 0, is the TEER category: TEER 0.
- Group
- The first four digits, 1002, are the minor group: Managers in financial and business services.
- Occupation
- All five digits, 10020, are the unit group, the occupation itself: Insurance, real estate and financial brokerage managers.
Also called: business development manager - damage insurance, bond sales manager, brokerage manager - investments, commodities trading manager, financial brokerage manager
This page shows the official duties for NOC 10020, where its TEER sits in immigration rules, and the wages Job Bank reports. It describes the rules. It does not decide anyone's case.
What the job involves
Statistics Canada text, quoted word for word. IRCC compares your duties with this description, not your job title.
Lead statement
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.
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
Main duties: check yours
IRCC's rule for the Federal Skilled Worker Program: you must have performed "the actions in the lead statement" and "most of the main duties listed". Tick the duties you do. The count helps you compare. It is not a decision.
Verify on canada.ca(opens in a new tab)This group covers more than one job. Compare yourself with the duties under the job closest to yours.
Lead statement: not ticked. Main duties ticked: 0 of 4.
The rule asks for the lead statement and most of the main duties. IRCC gives no number for "most", and an officer decides.
Few ticks? Read "Classified elsewhere" below: it names the codes for jobs that sit close to this one.
Your ticks are kept in this browser only, so they are here when you come back. Nothing is sent. "Clear ticks" erases them.
If your duties look different
Statistics Canada names the jobs that belong in a different NOC. If one of these sounds more like your work, open that code and compare.
Classified elsewhere
- 10022Advertising, marketing and public relations managers (See 10022 Advertising, marketing and public relations managers)
- 10021Banking, credit and other investment managers (See 10021 Banking, credit and other investment managers)
- 10010Financial managers (See 10010 Financial managers)
- 10029Other business services managers (See 10029 Other business services managers)
- 00012Senior managers - financial, communications and other business services (See 00012 Senior managers - financial, communications and other business services)
Usual 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.
Where TEER 0 sits in immigration rules
Each row gives the rule, then what it means for this occupation. The programs set many other conditions too, so read the official page before you act.
Federal Skilled Worker Program and Canadian Experience Class
The rule: both programs count work experience only in TEER 0, 1, 2 or 3.
What this means: NOC 10020 is TEER 0, so work in it is inside that range. The TEER is one condition, not the whole test. Both programs also set how much work you need (at least 1 year, or 1,560 hours), when you did it, and minimum language results.
Federal Skilled Trades Program
The rule: this program goes by NOC group, not by TEER alone. IRPR s. 87.2 lists Major Groups 72 (less Sub-major Group 726), 73, 82, 83, 92 and 93 (less Sub-major Group 932), Minor Group 6320 and Unit Group 62200, other than a restricted occupation.
What this means: NOC 10020 is not in one of the listed groups, so work in it is not skilled trade experience under this program.
Express Entry category-based selection, 2026
The rule: IRCC publishes a closed list of NOC codes for each category. NOC 10020 is not on any 2026 occupation list.
What this means: People in this occupation can still be invited in general or program-specific rounds. French-language proficiency is a separate category: it depends on test results (NCLC 7 in all 4 abilities), not on the occupation.
IRCC page modified October 16, 2026, checked November 12, 2026.
Atlantic Immigration Program
The rule: the program takes job offers in TEER 0 to 4 from designated employers in New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island. The job must be full-time and non-seasonal.
What this means: A TEER 0 offer must last at least 1 year from the day the person becomes a permanent resident.
Provincial Nominee Programs
The rule: each province and territory sets its own requirements and streams, including which occupations and TEER levels a stream takes.
What this means: Check the stream's own page for this NOC code. One example from our program status registry:
Program status: OINP Ontario Workforce Priority stream: Open
The stream has launched and the expression of interest portal opened on August 4, 2026. It covers skilled workers with a qualifying job offer in any NOC occupation, plus self-employed physicians.
Verified November 12, 2026 · Official source
Labour Market Impact Assessment (LMIA)
The rule: an employer, not a worker, applies for an LMIA, and ESDC assesses each job offer. The wage offered, compared with the provincial or territorial threshold, puts the job in the high-wage or low-wage stream.
What this means: Service Canada refuses to process low-wage applications for jobs in census metropolitan areas where unemployment is 6% or higher. Some sectors are exempt, such as primary agriculture, construction, food manufacturing, hospitals, and nursing and residential care. ESDC updates the list of areas each quarter. When this page was checked (September 26, 2026), the ESDC page showed the list for July 10 to October 8, 2026; open the ESDC page for the list in force today. A separate pause covers low-wage jobs in Montréal and Laval.
Wages in Canada
The wages Job Bank publishes for NOC 10020, for Canada as a whole and for each province and territory.
- Low
- $39.62
- per hour
- Median
- $59.23
- per hour
- High
- $105.77
- per hour
What this means: half of the people in this occupation earn less than the median and half earn more. Pay changes with the province, the employer and your experience.
Median by province or territory
| Province or territory | Median (per hour) |
|---|---|
| Newfoundland and Labrador | $48.52 |
| Prince Edward Island | $50.45 |
| Nova Scotia | $49.23 |
| New Brunswick | $45.13 |
| Quebec | $59.86 |
| Ontario | $58.97 |
| Manitoba | $60.10 |
| Saskatchewan | $57.69 |
| Alberta | $61.21 |
| British Columbia | $61.54 |
| Yukon | Not published |
| Northwest Territories | Not published |
| Nunavut | Not published |
Reference period 2023-2024. Data source: Labour Force Survey. ESDC Job Bank wages, release revised 2025-11-19. (opens in a new tab)
Search jobs for NOC 10020 on Job Bank(opens in a new tab)ClearToEnter is not affiliated with Job Bank or ESDC.
Related occupations
Codes in the same NOC group as 10020, the closest first.
- 10021Credit managerBanking, credit and other investment managersTEER 0
- 10022Marketing managerAdvertising, marketing and public relations managersTEER 0
- 10029Other business services managersTEER 0
- 10019Administrative services managerOther administrative services managersTEER 0
- 10012Purchasing managersTEER 0
- 10011Human resources managersTEER 0
Questions about this code
What is the TEER of NOC 10020?
NOC 10020 (Insurance, real estate and financial brokerage managers) is TEER 0: management occupations. In NOC 2021, the second digit of a code is its TEER: in 10020, it is 0. Every job title in this unit group, such as business development manager - damage insurance, shares that TEER.
Is NOC 10020 eligible for Express Entry?
IRCC counts work experience in TEER 0, 1, 2 or 3 for the Federal Skilled Worker Program and the Canadian Experience Class. NOC 10020 is TEER 0, so work in it sits inside that range. IRCC's 2026 category lists do not include NOC 10020. People in this occupation can still be invited in general or program-specific rounds. IRCC decides each case.
What is the median wage for NOC 10020?
Job Bank reports a median wage of $59.23 an hour for NOC 10020 across Canada. The low figure is $39.62 and the high is $105.77. Medians by province and territory run from $45.13 in New Brunswick to $61.54 in British Columbia. The figures come from Job Bank's 2025 wage release (Labour Force Survey, 2023-2024).
What job titles are under NOC 10020?
Statistics Canada lists 12 example job titles for NOC 10020, including business development manager - damage insurance, bond sales manager, brokerage manager - investments, commodities trading manager and financial brokerage manager. The title alone does not set the code: IRCC compares your duties with the lead statement and main duties on this page.
Can an employer hire for NOC 10020 through an LMIA?
An employer, not a worker, applies for an LMIA, and ESDC assesses each job offer, including the wage. For low-wage jobs, Service Canada refuses to process applications in census metropolitan areas where unemployment is 6% or higher, with some exemptions.
Next steps
Read the rules behind this page, then compare pathways.
Guides
The law
Compare pathways for this occupation
The Pathway Explorer lists each major program and its published criteria. Take NOC 10020 and its TEER with you.
NOC 2021 Version 1.0: Statistics Canada and ESDC.