Average Insurance Broker Salary in South Africa

R297,404
Avg. Base Salary (ZAR)
10%
ZAR 96k
MEDIAN
ZAR 297k
90%
ZAR 605k

The average salary for an Insurance Broker is R297,404 in 2025

Base Salary
R96k - R605k
Bonus
R4k - R248k
Commission
R34k - R250k
Total Pay
R145k - R618k
Is Average Insurance Broker Salary in South Africa your job title? Find out what you should be paid
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FAQs About Insurance Brokers

What is the highest pay for Insurance Brokers in Johannesburg?

Our data indicates that the highest pay for an Insurance Broker in Johannesburg is ZAR 605k / year

What is the lowest pay for Insurance Brokers in Johannesburg?

Our data indicates that the lowest pay for an Insurance Broker in Johannesburg is ZAR 96k / 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.