▼40%
R300,000
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 35k
MEDIAN
ZAR 300k
90%
ZAR 600k
The average salary for an Insurance Broker is R300,000 in 2025
Base Salary
R35k - R600k
Bonus
R10k - R80k
Profit Sharing
R0 - R27k
Commission
R0 - R225k
Total Pay
R23k - R675k
Is Average Insurance Broker Salary in South Africa your job title? Find out what you should be paid
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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
75%
Dental
25%
Vision
25%
None
25%
Gender Breakdown for Insurance Brokers
Female
66.7%
Male
33.3%
This data is based on 6 survey responses. Learn more about the gender pay gap.
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 ZAR 600k / 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 ZAR 35k / 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.