▼27%
R367,500
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
25%
ZAR 218k
MEDIAN
ZAR 368k
75%
ZAR 557k
The average salary for an Insurance Broker is R367,500 in 2025
Base Salary
R218k - R557k
Bonus
R0 - R38k
Total Pay
R246k - R574k
Is Average Experienced Insurance Broker with Insurance 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
100%
Gender Breakdown for Insurance Brokers
Female
50.0%
Male
50.0%
This data is based on 2 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 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.