▼10%
S$47,995
Avg. Base Salary (SGD)
/ year
Avg. Base Salary (SGD)
10%
SGD 5k
MEDIAN
SGD 48k
90%
SGD 80k
The average salary for an Insurance Broker is S$47,995 in 2025
Base Salary
S$5k - S$80k
Bonus
S$3k - S$8k
Total Pay
S$5k - S$88k
Is Average Early-Career Insurance Broker Salary in Singapore your job title? Find out what you should be paid
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What is the Pay by Experience Level for Insurance Brokers?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
86%
Dental
57%
Vision
43%
None
14%
Gender Breakdown for Insurance Brokers
Female
71.4%
Male
28.6%
This data is based on 7 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Brokers
What is the highest pay for Insurance Brokers?
Our data indicates that the highest pay for an Insurance Broker is SGD 80k / year
What is the lowest pay for Insurance Brokers?
Our data indicates that the lowest pay for an Insurance Broker is SGD 5k / year
How can Insurance Brokers increase their salary?
Increasing your pay as an Insurance Broker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Broker that oversees more junior Insurance Brokers, this experience can increase the likelihood to earn more.