South Africa
Job
Insurance Broker

Average Early-Career Insurance Broker with Insurance Skills Salary in South Africa

Pay
Job Details
Job Listings
How should I pay?Price a Job
What am I worth?Find market worth
R269,012
/ year

Avg. Base Salary (ZAR)
25%
ZAR 144k
MEDIAN
ZAR 269k
75%
ZAR 310k

The average salary for an Insurance Broker is R269,012 in 2025

Base Salary
R144k - R310k
Bonus
R0 - R14k
Total Pay
R132k - R296k
Based on 9 salary profiles (last updated Jan 09 2020)
Is Average Early-Career Insurance Broker with Insurance Skills Salary in South Africa your job title? Find out what you should be paid
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What Do Insurance Brokers Do?

Insurance Broker Tasks
  • May refer clients to independent brokers, work as independent broker, or be employed by an insurance company.
  • Sell life, property, casualty, health, automotive, or other types of insurance.
Find your market worth – how it works:

Common Health Benefits for a Insurance Broker

Medical
14%
Dental
14%
None
86%

Gender Breakdown for Insurance Brokers

Female
60.0%
Male
40.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.
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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.

WHAT AM I WORTH?
What your skills are worth in the job market is constantly changing.
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