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Average Salary - Insurance / Johannesburg JOHANNESBURG


SALARY SURVEYS

37

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

18.2 ZAR = 1 USD

995,843 ZAR

$54,718 USD

400,390 ZAR

$22,000 USD

Average Salary / Insurance / Johannesburg

Average salary for Insurance / Johannesburg is 995,843 ZAR per year. The most typical earning is 400,390 ZAR. All data are based on 37 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,061,034 ZAR. Women receive a salary of 913,618 ZAR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 2,440,561 ZAR. The second most paid education level is Masters Degree with salary of 1,517,843 ZAR.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 1,610,661 ZAR. Employees with 20+ Years of experience receive 1,443,225 ZAR.

Levels / Insurance / Johannesburg (Gross ZAR)

Salary Levels (ZAR) per Year Surveys [%]
54,600 ZAR - 90,999 ZAR
0 n/a
91,000 ZAR - 181,999 ZAR
0 n/a
182,000 ZAR - 272,999 ZAR
2 100%
5.41%
273,000 ZAR - 363,999 ZAR
1 94.59%
2.7%
THE MOST TYPICAL SALARY
364,000 ZAR - 454,999 ZAR
4 91.89%
10.81%
455,000 ZAR - 545,999 ZAR
4 81.08%
10.81%
546,000 ZAR - 636,999 ZAR
4 70.27%
10.81%
637,000 ZAR - 727,999 ZAR
1 59.46%
2.7%
728,000 ZAR - 818,999 ZAR
3 56.76%
8.11%
819,000 ZAR - 909,999 ZAR
2 48.65%
5.41%
910,000 ZAR - 1,000,999 ZAR
0 n/a
1,001,000 ZAR - 1,091,999 ZAR
0 n/a
1,092,000 ZAR - 1,182,999 ZAR
3 43.24%
8.11%
1,183,000 ZAR - 1,273,999 ZAR
1 35.14%
2.7%
1,274,000 ZAR - 1,364,899 ZAR
1 32.43%
2.7%
1,365,000 ZAR - 1,455,899 ZAR
4 29.73%
10.81%
1,456,000 ZAR - 1,546,899 ZAR
1 18.92%
2.7%
1,547,000 ZAR - 1,637,899 ZAR
0 n/a
1,638,000 ZAR - 1,728,899 ZAR
1 16.22%
2.7%
1,729,000 ZAR - 1,819,899 ZAR
1 13.51%
2.7%
1,820,000 ZAR - 1,910,899 ZAR
1 10.81%
2.7%
1,911,000 ZAR - 2,001,899 ZAR
0 n/a
2,002,000 ZAR - 2,092,899 ZAR
1 8.11%
2.7%
2,092,900 ZAR - 2,183,899 ZAR
0 n/a
2,183,900 ZAR - 2,274,899 ZAR
0 n/a
2,274,900 ZAR - 2,365,899 ZAR
0 n/a
2,365,900 ZAR - 2,456,899 ZAR
1 5.41%
2.7%
2,456,900 ZAR - 2,547,899 ZAR
0 n/a
2,547,900 ZAR - 2,638,899 ZAR
1 2.7%
2.7%
2,638,900 ZAR - 2,729,899 ZAR
0 n/a
HIGH SALARIES
2,729,900 ZAR - 2,911,899 ZAR
0 n/a
2,911,900 ZAR - 3,093,899 ZAR
0 n/a
3,093,900 ZAR - 3,275,899 ZAR
0 n/a
3,275,900 ZAR - 3,457,899 ZAR
0 n/a
3,457,900 ZAR - 3,639,899 ZAR
0 n/a
3,639,900 ZAR - 3,821,899 ZAR
0 n/a
3,821,900 ZAR - 4,003,899 ZAR
0 n/a
4,003,900 ZAR - 4,185,899 ZAR
0 n/a
4,185,900 ZAR - 4,367,899 ZAR
0 n/a
4,367,900 ZAR - 4,549,899 ZAR
0 n/a
4,549,900 ZAR - 6,369,799 ZAR
0 n/a

Gender / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Men 22 1,061,034 ZAR
2 Women 6 913,618 ZAR

Education / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 1 2,440,561 ZAR
2 Masters Degree 7 1,517,843 ZAR
3 Bachelors Degree 9 966,396 ZAR
4 Some College 17 789,861 ZAR
5 High School 3 555,086 ZAR

Experience / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 2 1,610,661 ZAR
2 20+ Years 6 1,443,225 ZAR
3 16-20 Years 5 1,379,527 ZAR
4 8-12 Years 7 984,596 ZAR
5 4-8 Years 10 764,381 ZAR
6 2-4 Years 4 511,407 ZAR
7 0-1 Year 2 498,668 ZAR
8 1-2 Years 1 491,388 ZAR

Age / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 41-45 4 1,674,359 ZAR
2 46-50 5 1,390,446 ZAR
3 36-40 6 1,013,715 ZAR
4 n/a 9 893,598 ZAR
5 31-35 4 789,861 ZAR
6 26-30 7 666,104 ZAR
7 21-25 2 629,704 ZAR

Work Type / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 1 1,738,058 ZAR
2 Permanent 33 1,019,175 ZAR
3 Contract 2 505,947 ZAR
4 Part Time 1 491,388 ZAR

Careers / Insurance / Johannesburg (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Life Insurance 4 1,577,902 ZAR
2 Insurance Adjuster 1 1,344,947 ZAR
3 General Insurance 4 1,308,548 ZAR
4 Insurance 7 1,095,613 ZAR
5 Insurance Broker 5 924,537 ZAR
6 Insurance Underwriter 2 915,438 ZAR
7 Commercial Insurance 4 835,360 ZAR
8 Risk Management Insurance 2 808,060 ZAR
9 Other Insurance Career 6 640,624 ZAR
10 Health Insurance 1 544,166 ZAR
11 Insurance Agent 1 495,028 ZAR

People's individual salary examples (surveys)

8/8  Senior Manager (Man)
Posted 15 June 2022

What I do?

"Dispute resolution law staff supervisions management."

City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 16-20 Years Expert 1,647,800 ZAR

7/8  Financial Advisor (Man)
Posted 13 October 2020

What I do?

"Financial Advice, Insurance Sales, Key Individual, Management, Training, Certificate in Financial Planning, Certificate in Portfolio Analysis and Investment Management."

City Education Experience Knowledge Gross salary / year
Johannesburg Some College 20+ Years n/a 1,098,000 ZAR

6/8  Adjustet (Man)
Posted 16 July 2019

What I do?

"Special claims fraud claims."

City Education Experience Knowledge Gross salary / year
Johannesburg Some College 8-12 Years n/a 1,344,700 ZAR

5/8  Director (Man)
Posted 30 January 2019

What I do?

"Risk Management, Product Development, Reporting, Pricing, Facility Management."

City Education Experience Knowledge Gross salary / year
Johannesburg Some College 20+ Years n/a 1,411,900 ZAR

4/8  Health Care Consultant (Man)
Posted 23 January 2019

What I do?

"New business, portfolio management,."

City Education Experience Knowledge Gross salary / year
Johannesburg Some College 16-20 Years n/a 543,300 ZAR

3/8  Compliance Officer (Man)
Posted 07 December 2018

What I do?

"Compliance, governance and Risk Management."

City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 8-12 Years n/a 794,700 ZAR

2/8  Client Executive (Man)
Posted 06 July 2018

What I do?

"Insurance broking."

City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 8-12 Years n/a 1,128,800 ZAR

1/8  Consultant Actuary (Woman)
Posted 09 January 2018

What I do?

"I am an actuary employed by a consultancy to implement IFRS 17 for our clients."

City Education Experience Knowledge Gross salary / year
Johannesburg Doctorate Degree 20+ Years n/a 2,440,500 ZAR


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