Home > Salary > Uganda > 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: 6,910,251 UGX
Estimated Monthly Salary: 575,854 UGX
Estimated Weekly Salary: 132,889 UGX per week
Estimated Hourly Salary: 3,322 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 555,036 UGX
Estimated Weekly Salary: 128,085 UGX per week
Estimated Hourly Salary: 3,202 UGX per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 1,764 USD
Estimated Monthly Salary: 147 USD
Estimated Weekly Salary: 34 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 6,910,251 UGX
Estimated Monthly Salary: 575,854 UGX
Estimated Weekly Salary: 132,889 UGX per week
Estimated Hourly Salary: 3,322 UGX per hour
By working as Insurance Broker a person can save up to 97 USD per month or 1,164 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Insurance Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Case aide (2,806,884 UGX per year, pre-tax.)
Industrial-organizational psychologist (5,985,634 UGX per year, pre-tax.)
Airline captain (13,185,900 UGX per year, pre-tax.)
Manufacturing worker (2,298,509 UGX per year, pre-tax.)
Vehicle remarketer (2,298,509 UGX per year, pre-tax.)
Insurance Broker salary in Uganda
Average Yearly Salary of Insurance Broker in Uganda is approximately 6,910,251 UGX (1,764 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: 6,910,251 UGX
Estimated Monthly Salary: 575,854 UGX
Estimated Weekly Salary: 132,889 UGX per week
Estimated Hourly Salary: 3,322 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,660,433 UGXEstimated Monthly Salary: 555,036 UGX
Estimated Weekly Salary: 128,085 UGX per week
Estimated Hourly Salary: 3,202 UGX per hour
Last revision of data: 2024-01-09Insurance Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,764 USD
Estimated Monthly Salary: 147 USD
Estimated Weekly Salary: 34 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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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Country:
Salary comparison to National average
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Uganda.
Comparison shows that a person working as Insurance Broker in Uganda earns on average:
1.54 times the average salary (or 154% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Broker job salary compared to average salary in Uganda.
Comparison shows that a person working as Insurance Broker in Uganda earns on average:
1.54 times the average salary (or 154% 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 7,601,276 UGX and 10,019,864 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Broker in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 6,910,251 UGX
Estimated Monthly Salary: 575,854 UGX
Estimated Weekly Salary: 132,889 UGX per week
Estimated Hourly Salary: 3,322 UGX per hour
By working as Insurance Broker a person can save up to 97 USD per month or 1,164 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. 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
Kenya is 8,430 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Case aide (2,806,884 UGX per year, pre-tax.)
Industrial-organizational psychologist (5,985,634 UGX per year, pre-tax.)
Airline captain (13,185,900 UGX per year, pre-tax.)
Manufacturing worker (2,298,509 UGX per year, pre-tax.)
Vehicle remarketer (2,298,509 UGX per year, pre-tax.)
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