▼16%
R282,252
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 98k
MEDIAN
ZAR 282k
90%
ZAR 706k
The average salary for an Insurance Broker is R282,252 in 2026
Base Salary
R98k - R706k
Bonus
R304 - R79k
Commission
R24k - R440k
Total Pay
R139k - R689k
Is Average Insurance Broker with Sales Skills 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?
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What is the Pay by Experience Level for Insurance Brokers?
What Do Insurance Brokers Do?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
31%
None
69%
Gender Breakdown for Insurance Brokers
Female
61.1%
Male
38.9%
This data is based on 18 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 706k / year
What is the lowest pay for Insurance Brokers?
Our data indicates that the lowest pay for an Insurance Broker is ZAR 98k / 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.