πŸ‡ΏπŸ‡¦ Market Updated March 3, 2026

Insurance Salaries in South Africa

Explore comprehensive salary data, career paths, and job opportunities in the insurance sector across South Africa based on real-time market data.

Avg Category Salary / year
395,827 ZAR
Highest Salary / year
778,900 ZAR
Entry Level / year
148,300 ZAR

Job Roles & Compensation

Job TitleSalary / year (ZAR)Salary / year (USD)National Tier
Risk Management Director 778,900 ZAR $41,099.18 Top 10%
Risk Manager 751,100 ZAR $39,632.29 Top 10%
Risk Modeling Manager 751,100 ZAR $39,632.29 Top 10%
Insurance Operations Manager 691,200 ZAR $36,471.63 Top 10%
Insurance Manager 667,400 ZAR $35,215.81 Top 10%
Insurance Sales Director 649,700 ZAR $34,281.85 Top 10%
Policy Change Director 626,800 ZAR $33,073.52 Top 10%
Auditing Insurance Manager 592,600 ZAR $31,268.93 Top 10%
Claims Manager 562,600 ZAR $29,685.96 Middle 40%
Loss Prevention Manager 543,200 ZAR $28,662.31 Middle 40%
Insurance Program Manager 537,300 ZAR $28,350.99 Middle 40%
Actuarial Analyst 533,100 ZAR $28,129.38 Middle 40%
Actuary 528,600 ZAR $27,891.93 Middle 40%
Insurance Sales Manager 525,700 ZAR $27,738.91 Middle 40%
Risk Management Supervisor 504,400 ZAR $26,615 Middle 40%
Insurance Project Manager 485,200 ZAR $25,601.9 Middle 40%
Insurance Account Manager 459,300 ZAR $24,235.27 Middle 40%
Training Manager 454,300 ZAR $23,971.44 Middle 40%
Risk Analyst 447,700 ZAR $23,623.19 Middle 40%
Claims Resolution Specialist 440,200 ZAR $23,227.45 Middle 40%
Policy Change Supervisor 431,300 ZAR $22,757.83 Middle 40%
Loss Prevention Investigator 431,100 ZAR $22,747.28 Middle 40%
Payment Services Specialist 413,900 ZAR $21,839.71 Middle 40%
Claim Advocacy Professional 411,400 ZAR $21,707.8 Middle 40%
Assistant Claims Manager 409,000 ZAR $21,581.16 Middle 40%
Insurance Team Leader 409,000 ZAR $21,581.16 Middle 40%
Insurance Accounts Executive 407,300 ZAR $21,491.46 Middle 40%
Eligibility Interviewer 406,300 ZAR $21,438.69 Middle 40%
Eligibility Specialist 401,300 ZAR $21,174.86 Middle 40%
Loss Control Specialist 398,300 ZAR $21,016.56 Middle 40%
Loss Prevention Specialist 398,300 ZAR $21,016.56 Middle 40%
Medical Auditor 394,800 ZAR $20,831.89 Middle 40%
Claims Supervisor 394,500 ZAR $20,816.06 Middle 40%
Insurance Appraiser 394,300 ZAR $20,805.5 Middle 40%
Insurance Analyst 392,300 ZAR $20,699.97 Middle 40%
Actuarial Specialist 381,800 ZAR $20,145.93 Middle 40%
Consultant 381,800 ZAR $20,145.93 Middle 40%
Broker 378,800 ZAR $19,987.63 Middle 40%
Actuarial Assistant 375,200 ZAR $19,797.68 Middle 40%
Insurance Investigator 369,300 ZAR $19,486.36 Middle 40%
Compliance Examiner 362,200 ZAR $19,111.72 Middle 40%
Insurance Examiner 362,200 ZAR $19,111.72 Middle 40%
Compliance Reviewer 357,700 ZAR $18,874.28 Middle 40%
Insurance Adjuster 357,700 ZAR $18,874.28 Middle 40%
Insurance Quality Assurance Agent 345,100 ZAR $18,209.43 Middle 40%
Complaints Specialist 344,600 ZAR $18,183.05 Middle 40%
Title Insurance Typist 344,600 ZAR $18,183.05 Middle 40%
Insurance Pricing Assistant 315,900 ZAR $16,668.67 Middle 40%
Compliance Officer 305,600 ZAR $16,125.19 Middle 40%
Insurance Underwriter 305,600 ZAR $16,125.19 Middle 40%
Marine Underwriter 299,500 ZAR $15,803.32 Middle 40%
Monitoring and Performance Officer 272,800 ZAR $14,394.47 Middle 40%
Assistant Broker 259,100 ZAR $13,671.58 Middle 40%
Insurance Sales Agent 233,900 ZAR $12,341.89 Middle 40%
Insurance Agent 221,500 ZAR $11,687.6 Middle 40%
Claims Analyst 207,700 ZAR $10,959.43 Middle 40%
Claims Examiner 207,700 ZAR $10,959.43 Middle 40%
Insurance Sales Representative 204,000 ZAR $10,764.2 Middle 40%
Associate Insurance Representative 196,800 ZAR $10,384.28 Middle 40%
Policy Change Technician 194,600 ZAR $10,268.2 Middle 40%
Claims Representative 172,200 ZAR $9,086.25 Middle 40%
Claims Processor 150,000 ZAR $7,914.85 Middle 40%
Adjustment Insurance Clerk 148,300 ZAR $7,825.15 Middle 40%
Claims Adjuster 148,300 ZAR $7,825.15 Middle 40%
Insurance Claims Clerk 148,300 ZAR $7,825.15 Middle 40%
Insurance Policy Processing Clerk 148,300 ZAR $7,825.15 Middle 40%

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