▼72%
R258,591
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 61k
MEDIAN
ZAR 259k
90%
ZAR 597k
The average salary for an Insurance Broker is R258,591 in 2025
Base Salary
R61k - R597k
Bonus
R5k - R78k
Profit Sharing
R0 - R14k
Commission
R24k - R489k
Total Pay
R98k - R635k
Is Average Insurance Broker Salary in South Africa your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Insurance Brokers?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
34%
Dental
7%
Vision
7%
None
66%
Gender Breakdown for Insurance Brokers
Female
59.5%
Male
40.5%
This data is based on 37 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Brokers
What is the highest pay for Insurance Brokers?
Our data indicates that the highest pay for an Insurance Broker is ZAR 597k / year
What is the lowest pay for Insurance Brokers?
Our data indicates that the lowest pay for an Insurance Broker is ZAR 61k / year
How can Insurance Brokers increase their salary?
Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.