INSURANCE / SALARY
SINGAPORE

SALARY SURVEYS

5

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 1.32 SGD = 1 USD
85,003 SGD $64,420 USD		48,822 SGD $37,000 USD		Gross income Net (after tax) 1.32 SGD = 1 USD

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Average Salary / Insurance / Singapore

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Average salary for Insurance / Singapore is 85,003 SGD per year. The most typical earning is 48,822 SGD. All data are based on 5 salary surveys. Salaries are different between men and women. Men receive an average salary of 150,293 SGD. Women receive a salary of 48,822 SGD.

Based on education, the highest salaries receive people with Bellow H. School with salary of 134,195 SGD. The second most paid education level is Bachelors Degree with salary of 81,018 SGD.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 150,293 SGD. Employees with 1-2 Years of experience receive 48,822 SGD.

Levels / Insurance / Singapore (Gross SGD)

Salary Levels (SGD) per Year	Surveys	[%]
13,200 SGD - 19,799 SGD	0	n/a
19,800 SGD - 26,399 SGD	0	n/a
26,400 SGD - 32,999 SGD	1	100% 20%
33,000 SGD - 39,599 SGD	0	n/a
39,600 SGD - 46,199 SGD	0	n/a
THE MOST TYPICAL SALARY
46,200 SGD - 52,799 SGD	2	80% 40%
52,800 SGD - 59,399 SGD	0	n/a
59,400 SGD - 65,999 SGD	0	n/a
66,000 SGD - 72,599 SGD	0	n/a
72,600 SGD - 79,199 SGD	0	n/a
79,200 SGD - 85,799 SGD	0	n/a
85,800 SGD - 92,399 SGD	0	n/a
92,400 SGD - 98,999 SGD	0	n/a
99,000 SGD - 105,599 SGD	0	n/a
105,600 SGD - 112,199 SGD	0	n/a
112,200 SGD - 118,799 SGD	0	n/a
118,800 SGD - 125,399 SGD	0	n/a
125,400 SGD - 131,999 SGD	0	n/a
132,000 SGD - 138,499 SGD	1	40% 20%
138,600 SGD - 145,099 SGD	0	n/a
145,100 SGD - 151,699 SGD	0	n/a
151,700 SGD - 158,299 SGD	0	n/a
158,300 SGD - 164,899 SGD	0	n/a
164,900 SGD - 171,499 SGD	1	20% 20%
171,500 SGD - 178,099 SGD	0	n/a
178,100 SGD - 184,699 SGD	0	n/a
184,700 SGD - 191,299 SGD	0	n/a
191,300 SGD - 197,899 SGD	0	n/a
HIGH SALARIES
197,900 SGD - 211,099 SGD	0	n/a
211,100 SGD - 224,299 SGD	0	n/a
224,300 SGD - 237,499 SGD	0	n/a
237,500 SGD - 250,699 SGD	0	n/a
250,700 SGD - 263,899 SGD	0	n/a
263,900 SGD - 277,099 SGD	0	n/a
277,100 SGD - 290,299 SGD	0	n/a
290,300 SGD - 303,499 SGD	0	n/a
303,500 SGD - 316,699 SGD	0	n/a
316,700 SGD - 329,899 SGD	0	n/a
329,900 SGD - 461,799 SGD	0	n/a

INSURANCE / SALARY
SINGAPORE

5

85,003 SGD

48,822 SGD

Average Salary / Insurance / Singapore

Levels / Insurance / Singapore (Gross SGD)

Gender / Insurance / Singapore (Gross SGD)

Education / Insurance / Singapore (Gross SGD)

Experience / Insurance / Singapore (Gross SGD)

Age / Insurance / Singapore (Gross SGD)

Work Type / Insurance / Singapore (Gross SGD)

Cities / Insurance / Singapore (Gross SGD)

People's individual salary examples (surveys)

INSURANCE / SALARY SINGAPORE

5

85,003 SGD

48,822 SGD

Average Salary / Insurance / Singapore

Levels / Insurance / Singapore (Gross SGD)

Gender / Insurance / Singapore (Gross SGD)

Education / Insurance / Singapore (Gross SGD)

Experience / Insurance / Singapore (Gross SGD)

Age / Insurance / Singapore (Gross SGD)

Work Type / Insurance / Singapore (Gross SGD)

Cities / Insurance / Singapore (Gross SGD)

People's individual salary examples (surveys)

INSURANCE / SALARY
SINGAPORE