Branch Manager Insurance Office salary in South Africa

Average Yearly Salary of Branch Manager Insurance Office in South Africa is approximately 163,597 ZAR (8,173 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 Branch Manager Insurance Office do?

A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.

Skills: Branch Manager, Insurance Office, Sales Management, Team Leadership, Customer Service, Relationship Management
Job industry: Insurance

How much does Branch Manager Insurance Office make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Branch Manager Insurance Office a well paid job?

Yes, our data shows that Branch Manager Insurance Office 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 Branch Manager Insurance Office?

High salary for Branch Manager Insurance Office would be somewhere between 179,957 ZAR and 237,216 ZAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Insurance Office in South Africa?

Living in South Africa the approximate monthly expenses are: 271 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: 163,597 ZAR
Estimated Monthly Salary: 13,633 ZAR
Estimated Weekly Salary: 3,146 ZAR per week
Estimated Hourly Salary: 79 ZAR per hour
By working as Branch Manager Insurance Office a person can save up to 410 USD per month or 4,919 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 South Africa, see costs of living in South Africa.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Branch Manager Insurance Office

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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