OTHER INSURANCE CAREER / SALARY
SOUTH AFRICA

SALARY SURVEYS

14

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

18.3 ZAR = 1 USD

691,137 ZAR

$37,777 USD

Johannesburg

643,789 ZAR

585,446 ZAR

$32,000 USD

Including "Johannesburg"

Excluding "Johannesburg"

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Average Salary / Other Insurance Career / South Africa

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Average salary for Other Insurance Career / South Africa is 691,137 ZAR per year. The most typical earning is 585,446 ZAR. All data are based on 14 salary surveys. Salaries are different between men and women. Men receive an average salary of 708,024 ZAR. Women receive a salary of 704,365 ZAR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 951,350 ZAR. The second most paid education level is Masters Degree with salary of 885,487 ZAR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 971,475 ZAR. Employees with 8-12 Years of experience receive 750,103 ZAR.

Levels / Other Insurance Career / 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	1	100% 7.14%
274,400 ZAR - 365,899 ZAR	1	92.86% 7.14%
365,900 ZAR - 457,399 ZAR	2	85.71% 14.29%
457,400 ZAR - 548,799 ZAR	0	n/a
THE MOST TYPICAL SALARY
548,900 ZAR - 640,299 ZAR	3	71.43% 21.43%
640,300 ZAR - 731,799 ZAR	0	n/a
731,800 ZAR - 823,299 ZAR	3	50% 21.43%
823,300 ZAR - 914,699 ZAR	2	28.57% 14.29%
914,800 ZAR - 1,006,199 ZAR	1	14.29% 7.14%
1,006,200 ZAR - 1,097,699 ZAR	0	n/a
1,097,700 ZAR - 1,189,199 ZAR	0	n/a
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	7.14% 7.14%
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	0	n/a
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

Gender / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	4	708,024 ZAR
2	Women	8	704,365 ZAR

Education / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys
1	Bachelors Degree	4	951,350 ZAR
2	Masters Degree	2	885,487 ZAR
3	Some College	5	552,515 ZAR
4	High School	3	446,402 ZAR

Experience / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys
1	16-20 Years	1	971,475 ZAR
2	8-12 Years	5	750,103 ZAR
3	4-8 Years	3	676,922 ZAR
4	20+ Years	3	649,479 ZAR
5	2-4 Years	1	578,128 ZAR
6	12-16 Years	1	397,005 ZAR

Age / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys
1	41-45	2	858,044 ZAR
2	31-35	5	803,159 ZAR
3	n/a	2	603,741 ZAR
4	26-30	2	585,446 ZAR
5	21-25	1	578,128 ZAR
6	36-40	2	493,970 ZAR

Work Type / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	14	691,558 ZAR

Cities / Other Insurance Career / South Africa (Gross ZAR)

#		Surveys
1	Cape Town	6	806,818 ZAR
2	Johannesburg	6	643,991 ZAR
3	Tshwane	1	578,128 ZAR
4	Nelson Mandela Bay Metro	1	391,517 ZAR

People's individual salary examples (surveys)

Communication Specialist

Posted 09 March 2020
Key knowledge and tasks

"Prepares written material for publication by liaising with key article sources. Reads copy to detect errors in spelling, punctuation, and syntax and verifies facts, dates and statistics. Rewrites or modifies copy to clarify meaning and to conform to publication's style and editorial policy. Marks copy for typesetter, using standardised code to indicate how type should be set. Reads galley and page proofs to detect errors. Initiates or replies to correspondence regarding material published or being considered for publication. May oversee and administer all financial matters related to the publication."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	High School	12-16 Years	n/a	396,100 ZAR

Actuary

Posted 12 February 2019
Key knowledge and tasks

"Pricing and product development."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Bachelors Degree	8-12 Years	n/a	1,554,500 ZAR

Compliance Officer

Posted 07 December 2018
Key knowledge and tasks

"Compliance, governance and Risk Management."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Masters Degree	8-12 Years	n/a	798,800 ZAR

Paraplanner

Posted 09 October 2018
Key knowledge and tasks

"Paraplanner, investments, life cover,."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Some College	20+ Years	n/a	743,700 ZAR

Actuarial Support And Product Development Specialist Technician

Posted 05 September 2017
Key knowledge and tasks

"Product development for long term insurance company
Actuarial calculations and model building."

City	Education	Experience	Knowledge	Gross salary / year
Tshwane	Bachelors Degree	2-4 Years	n/a	577,700 ZAR

OTHER INSURANCE CAREER / SALARY SOUTH AFRICA

14