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INSURANCE BROKER / SALARY
Average Salary - Insurance Broker / South Africa SOUTH AFRICA


SALARY SURVEYS

13

UPDATED
May 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

18.3 ZAR = 1 USD

838,725 ZAR

$45,844 USD
Johannesburg

929,505 ZAR

493,970 ZAR

$27,000 USD
Including "Johannesburg"
Excluding "Johannesburg"

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Average Salary / Insurance Broker / South Africa

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Average salary for Insurance Broker / South Africa is 838,725 ZAR per year. The most typical earning is 493,970 ZAR. All data are based on 13 salary surveys. Salaries are different between men and women. Men receive an average salary of 960,498 ZAR. Women receive a salary of 289,064 ZAR.

Based on education, the highest salaries receive people with Some College with salary of 1,141,620 ZAR. The second most paid education level is Masters Degree with salary of 1,134,302 ZAR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 1,747,191 ZAR. Employees with 12-16 Years of experience receive 945,861 ZAR.

Levels / Insurance Broker / South Africa (Gross ZAR)

Salary Levels (ZAR) per Year Surveys [%]
54,900 ZAR - 91,499 ZAR
0 n/a
91,500 ZAR - 182,899 ZAR
0 n/a
183,000 ZAR - 274,399 ZAR
0 n/a
274,400 ZAR - 365,899 ZAR
1 100%
7.69%
365,900 ZAR - 457,399 ZAR
1 92.31%
7.69%
THE MOST TYPICAL SALARY
457,400 ZAR - 548,799 ZAR
3 84.62%
23.08%
548,900 ZAR - 640,299 ZAR
1 61.54%
7.69%
640,300 ZAR - 731,799 ZAR
0 n/a
731,800 ZAR - 823,299 ZAR
1 53.85%
7.69%
823,300 ZAR - 914,699 ZAR
0 n/a
914,800 ZAR - 1,006,199 ZAR
2 46.15%
15.38%
1,006,200 ZAR - 1,097,699 ZAR
1 30.77%
7.69%
1,097,700 ZAR - 1,189,199 ZAR
1 23.08%
7.69%
1,189,200 ZAR - 1,280,599 ZAR
0 n/a
1,280,700 ZAR - 1,372,099 ZAR
0 n/a
1,372,100 ZAR - 1,463,599 ZAR
0 n/a
1,463,600 ZAR - 1,555,099 ZAR
1 15.38%
7.69%
1,555,100 ZAR - 1,646,499 ZAR
0 n/a
1,646,600 ZAR - 1,737,999 ZAR
0 n/a
1,738,000 ZAR - 1,829,499 ZAR
1 7.69%
7.69%
1,829,500 ZAR - 1,920,999 ZAR
0 n/a
1,921,000 ZAR - 2,012,499 ZAR
0 n/a
2,012,500 ZAR - 2,103,899 ZAR
0 n/a
2,103,900 ZAR - 2,195,399 ZAR
0 n/a
2,195,400 ZAR - 2,286,899 ZAR
0 n/a
2,286,900 ZAR - 2,378,399 ZAR
0 n/a
2,378,400 ZAR - 2,469,799 ZAR
0 n/a
2,469,900 ZAR - 2,561,299 ZAR
0 n/a
2,561,300 ZAR - 2,652,799 ZAR
0 n/a
2,652,800 ZAR - 2,744,299 ZAR
0 n/a
HIGH SALARIES
2,744,300 ZAR - 2,927,199 ZAR
0 n/a
2,927,200 ZAR - 3,110,199 ZAR
0 n/a
3,110,200 ZAR - 3,293,099 ZAR
0 n/a
3,293,100 ZAR - 3,476,099 ZAR
0 n/a
3,476,100 ZAR - 3,658,999 ZAR
0 n/a
3,659,000 ZAR - 3,841,999 ZAR
0 n/a
3,842,000 ZAR - 4,024,899 ZAR
0 n/a
4,024,900 ZAR - 4,207,899 ZAR
0 n/a
4,207,900 ZAR - 4,390,799 ZAR
0 n/a
4,390,800 ZAR - 4,573,799 ZAR
0 n/a
4,573,800 ZAR - 6,403,299 ZAR
0 n/a
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Gender / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Men 10 960,498 ZAR
2 Women 1 289,064 ZAR

Education / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Some College 4 1,141,620 ZAR
2 Masters Degree 1 1,134,302 ZAR
3 Bachelors Degree 7 658,627 ZAR
4 High School 1 596,423 ZAR

Experience / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 1 1,747,191 ZAR
2 12-16 Years 1 945,861 ZAR
3 8-12 Years 7 815,965 ZAR
4 0-1 Year 1 772,057 ZAR
5 4-8 Years 3 574,469 ZAR

Age / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 41-45 1 1,747,191 ZAR
2 26-30 1 1,035,508 ZAR
3 31-35 5 861,703 ZAR
4 21-25 1 772,057 ZAR
5 36-40 2 770,227 ZAR
6 n/a 2 501,288 ZAR
7 51-55 1 495,799 ZAR

Work Type / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 2 1,121,495 ZAR
2 Permanent 10 806,818 ZAR
3 Contract 1 596,423 ZAR

Cities / Insurance Broker / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 1 1,492,888 ZAR
2 Emalahleni 1 945,861 ZAR
3 Johannesburg 5 929,396 ZAR
4 Cape Town 5 664,115 ZAR
5 Mangaung 1 497,629 ZAR

People's individual salary examples (surveys)

Branch Manager
Posted 29 July 2019
City Education Experience Knowledge Gross salary / year
Emalahleni Bachelors Degree 12-16 Years n/a 946,200 ZAR

Broker
Posted 13 November 2018
City Education Experience Knowledge Gross salary / year
--Other-- Some College 8-12 Years n/a 1,493,500 ZAR

Client Executive
Posted 06 July 2018
City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 8-12 Years n/a 1,134,700 ZAR


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