▼64%
R500,000
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
25%
ZAR 320k
MEDIAN
ZAR 500k
75%
ZAR 600k
The average salary for an Insurance Broker is R500,000 in 2025
Base Salary
R320k - R600k
Bonus
R15k - R90k
Total Pay
R320k - R680k
Is Average Late-Career 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
60%
Dental
20%
Vision
20%
None
40%
Gender Breakdown for Insurance Brokers
Female
100.0%
This data is based on 3 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.