Average Insurance Broker with Commercial Skills Salary in South Africa

R482,852
Avg. Base Salary (ZAR)
25%
ZAR 263k
MEDIAN
ZAR 483k
75%
ZAR 550k

The average salary for an Insurance Broker is R482,852 in 2025

Base Salary
R263k - R550k
Bonus
R0 - R25k
Total Pay
R268k - R600k
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FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers in Cape Town?

Our data indicates that the highest pay for an Insurance Broker in Cape Town is ZARNaN / year

What is the lowest pay for Insurance Brokers in Cape Town?

Our data indicates that the lowest pay for an Insurance Broker in Cape Town is ZARNaN / 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.