Home > Salary > Kenya > Insurance Broker
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Estimated Yearly Salary: 1,332,849 KES
Estimated Monthly Salary: 111,071 KES
Estimated Weekly Salary: 25,632 KES per week
Estimated Hourly Salary: 641 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 107,638 KES
Estimated Weekly Salary: 24,839 KES per week
Estimated Hourly Salary: 621 KES per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 8,430 USD
Estimated Monthly Salary: 703 USD
Estimated Weekly Salary: 162 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,332,849 KES
Estimated Monthly Salary: 111,071 KES
Estimated Weekly Salary: 25,632 KES per week
Estimated Hourly Salary: 641 KES per hour
By working as Insurance Broker a person can save up to 463 USD per month or 5,550 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Tax examiner (875,703 KES per year, pre-tax.)
Welding inspector (752,942 KES per year, pre-tax.)
Occupational therapist registered (1,139,071 KES per year, pre-tax.)
Landfill gas technician (599,969 KES per year, pre-tax.)
Surgical coder (933,223 KES per year, pre-tax.)
Insurance Broker salary in Kenya
Average Yearly Salary of Insurance Broker in Kenya is approximately 1,332,849 KES (8,430 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Broker do?
An insurance broker is a professional who acts as an intermediary between individuals or businesses seeking insurance coverage and insurance companies. They assess the insurance needs of their clients, analyze various insurance policies and options available in the market, and provide advice on the most suitable coverage for their clients' specific requirements. Insurance brokers help clients understand the terms and conditions of policies, assist in completing paperwork, and negotiate with insurance companies to secure the best possible coverage at competitive rates. They also provide ongoing support to clients, helping them with claims processing and policy renewals.
Skills: Insurance, Brokerage, Risk management, Client service, Insurance policies, Intermediary.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Broker make?
Salary details
How much does Insurance Broker make?Estimated Yearly Salary: 1,332,849 KES
Estimated Monthly Salary: 111,071 KES
Estimated Weekly Salary: 25,632 KES per week
Estimated Hourly Salary: 641 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,291,650 KESEstimated Monthly Salary: 107,638 KES
Estimated Weekly Salary: 24,839 KES per week
Estimated Hourly Salary: 621 KES per hour
Last revision of data: 2024-01-06Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,430 USD
Estimated Monthly Salary: 703 USD
Estimated Weekly Salary: 162 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Kenya.
Comparison shows that a person working as Insurance Broker in Kenya earns on average:
1.53 times the average salary (or 153% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Kenya.
Comparison shows that a person working as Insurance Broker in Kenya earns on average:
1.53 times the average salary (or 153% of average salary).
Is Insurance Broker a well paid job?
Yes, our data shows that Insurance Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Broker?
High salary for Insurance Broker would be somewhere between 1,466,134 KES and 1,932,631 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker in Kenya?
Living in Kenya the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,332,849 KES
Estimated Monthly Salary: 111,071 KES
Estimated Weekly Salary: 25,632 KES per week
Estimated Hourly Salary: 641 KES per hour
By working as Insurance Broker a person can save up to 463 USD per month or 5,550 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Broker
Ethiopia is 2,700 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Kenya
(9,866,711 KES per year, pre-tax.)
2. Cardiologist
(8,249,858 KES per year, pre-tax.)
(7,939,285 KES per year, pre-tax.)
4. Neurosurgeon
(7,706,816 KES per year, pre-tax.)
(7,676,980 KES per year, pre-tax.)
(7,545,448 KES per year, pre-tax.)
(7,519,239 KES per year, pre-tax.)
8. Urologist
(7,514,557 KES per year, pre-tax.)
9. Oncologist
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)
Data as of 2025Random salary:
Tax examiner (875,703 KES per year, pre-tax.)
Welding inspector (752,942 KES per year, pre-tax.)
Occupational therapist registered (1,139,071 KES per year, pre-tax.)
Landfill gas technician (599,969 KES per year, pre-tax.)
Surgical coder (933,223 KES per year, pre-tax.)
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Please note:The salary figures presented here are intended for informational purposes only.
This website provides salary data solely for reference use. While we strive for accuracy, we do not ensure the precision of all figures. Users must verify salary details with reliable sources before making career-related plans. Salary estimates can fluctuate based on multiple factors, such as geographic location, experience, and job role. We assume no liability for errors in the pay figures provided. By using this website, you accept that salary data is not absolute.
optisalary.com displays salary figures exclusively for reference purposes. While we endeavor for correctness, we do not ensure the precision of all figures. Users should double-check salary details with reliable sources before making financial decisions. Salary amounts may vary based on multiple factors, such as company size, negotiation tactics, and industry demand. We assume no liability for misinterpretations in the salary estimates provided. By using optisalary.com, you accept that salary data is subject to change.