▼50%
RM 78,000
Avg. Base Salary (MYR)
/ year
Avg. Base Salary (MYR)
10%
MYR 24k
MEDIAN
MYR 78k
90%
MYR 205k
The average salary for an Insurance Broker is RM 78,000 in 2025
Base Salary
RM 24k - RM 205k
Bonus
RM 5k - RM 72k
Profit Sharing
RM 0 - RM 20k
Total Pay
RM 29k - RM 241k
Is Average Insurance Broker Salary in Malaysia your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Insurance Brokers?
What Do Insurance Brokers Do?
Find your market worth – how it works:
Common Health Benefits for a Insurance Broker
Medical
88%
Dental
53%
Vision
29%
None
12%
Gender Breakdown for Insurance Brokers
Female
66.7%
Male
33.3%
This data is based on 12 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 MYR 205k / year
What is the lowest pay for Insurance Brokers?
Our data indicates that the lowest pay for an Insurance Broker is MYR 24k / 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.