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INSURANCE / SALARY
Average Salary - Insurance / Philippines PHILIPPINES

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SALARY SURVEYS

23

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
55.4 PHP = 1 USD

2,016,043 PHP

$36,392 USD
Manila

1,507,323 PHP

664,775 PHP

$12,000 USD
Including "Manila"
Excluding "Manila"
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Average Salary / Insurance / Philippines

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Average salary for Insurance / Philippines is 2,016,043 PHP per year. The most typical earning is 664,775 PHP. All data are based on 23 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,271,317 PHP. Women receive a salary of 1,861,371 PHP.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 11,173,771 PHP. The second most paid education level is Masters Degree with salary of 1,805,974 PHP.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 11,173,771 PHP. Employees with 16-20 Years of experience receive 3,013,649 PHP.

Levels / Insurance / Philippines (Gross PHP)

Salary Levels (PHP) per Year Surveys [%]
55,400 PHP - 110,699 PHP
0 n/a
110,800 PHP - 166,099 PHP
0 n/a
166,200 PHP - 276,899 PHP
3 100%
13.04%
277,000 PHP - 553,899 PHP
3 86.96%
13.04%
THE MOST TYPICAL SALARY
554,000 PHP - 830,899 PHP
5 73.91%
21.74%
831,000 PHP - 1,107,899 PHP
3 52.17%
13.04%
1,108,000 PHP - 1,384,899 PHP
1 39.13%
4.35%
1,384,900 PHP - 1,661,899 PHP
0 n/a
1,661,900 PHP - 1,938,899 PHP
1 34.78%
4.35%
1,938,900 PHP - 2,215,899 PHP
0 n/a
2,215,900 PHP - 2,492,899 PHP
1 30.43%
4.35%
2,492,900 PHP - 2,769,799 PHP
0 n/a
2,769,900 PHP - 3,046,799 PHP
1 26.09%
4.35%
3,046,900 PHP - 3,323,799 PHP
2 21.74%
8.7%
3,323,900 PHP - 3,600,799 PHP
0 n/a
3,600,900 PHP - 3,877,799 PHP
0 n/a
3,877,900 PHP - 4,154,799 PHP
1 13.04%
4.35%
4,154,800 PHP - 4,431,799 PHP
0 n/a
4,431,800 PHP - 4,708,799 PHP
0 n/a
4,708,800 PHP - 4,985,799 PHP
0 n/a
4,985,800 PHP - 5,262,799 PHP
0 n/a
5,262,800 PHP - 5,539,699 PHP
0 n/a
5,539,800 PHP - 5,816,699 PHP
0 n/a
5,816,800 PHP - 6,093,699 PHP
0 n/a
6,093,800 PHP - 6,370,699 PHP
0 n/a
6,370,800 PHP - 6,647,699 PHP
0 n/a
6,647,800 PHP - 6,924,699 PHP
0 n/a
6,924,700 PHP - 7,201,699 PHP
0 n/a
7,201,700 PHP - 7,478,699 PHP
0 n/a
7,478,700 PHP - 7,755,699 PHP
0 n/a
7,755,700 PHP - 8,032,699 PHP
1 8.7%
4.35%
8,032,700 PHP - 8,309,599 PHP
0 n/a
HIGH SALARIES
8,309,700 PHP - 8,863,599 PHP
0 n/a
8,863,700 PHP - 9,417,599 PHP
0 n/a
9,417,700 PHP - 9,971,599 PHP
0 n/a
9,971,600 PHP - 10,525,599 PHP
0 n/a
10,525,600 PHP - 11,079,499 PHP
0 n/a
11,079,600 PHP - 11,633,499 PHP
1 4.35%
4.35%
11,633,600 PHP - 12,187,499 PHP
0 n/a
12,187,600 PHP - 12,741,499 PHP
0 n/a
12,741,500 PHP - 13,295,499 PHP
0 n/a
13,295,500 PHP - 13,849,399 PHP
0 n/a
13,849,500 PHP - 19,389,299 PHP
0 n/a
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Gender / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 Men 11 2,271,317 PHP
2 Women 11 1,861,371 PHP

Education / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 1 11,173,771 PHP
2 Masters Degree 2 1,805,974 PHP
3 Bachelors Degree 19 1,639,780 PHP
4 High School 1 371,166 PHP

Experience / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 1 11,173,771 PHP
2 16-20 Years 6 3,013,649 PHP
3 8-12 Years 3 2,049,725 PHP
4 4-8 Years 5 1,362,790 PHP
5 2-4 Years 4 642,616 PHP
6 0-1 Year 1 437,644 PHP
7 1-2 Years 3 387,785 PHP

Age / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 36-40 7 2,886,234 PHP
2 26-30 6 2,409,811 PHP
3 31-35 4 1,800,434 PHP
4 n/a 1 958,384 PHP
5 41-45 1 825,429 PHP
6 21-25 4 681,395 PHP

Work Type / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 1 3,274,020 PHP
2 Permanent 21 2,044,185 PHP
3 Contract 1 193,892 PHP

Cities / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 Quezon City 2 6,132,555 PHP
2 --Other-- 1 3,002,570 PHP
3 Taguig 7 1,883,531 PHP
4 Manila 9 1,506,824 PHP
5 Pasig 3 1,384,949 PHP
6 Cebu City 1 193,892 PHP

Careers / Insurance / Philippines (Gross PHP)

# Surveys AVERAGE SALARY / YEAR
1 Risk Management Insurance 2 6,476,023 PHP
2 Insurance 1 3,185,383 PHP
3 Life Insurance 5 3,052,428 PHP
4 Insurance Agent 2 1,733,956 PHP
5 Insurance Broker 4 1,196,596 PHP
6 Other Insurance Career 4 941,765 PHP
7 Health Insurance 4 686,934 PHP
8 Insurance Adjuster 1 216,052 PHP

People's individual salary examples (surveys)

Pmo Lead
Posted 14 April 2022
City Education Experience Knowledge Gross salary / year
Taguig Bachelors Degree 8-12 Years Advanced 2,346,400 PHP

Senior Manager
Posted 07 May 2021
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years Advanced 3,005,100 PHP

Actuarial Officer
Posted 27 March 2021
City Education Experience Knowledge Gross salary / year
Manila Bachelors Degree 2-4 Years n/a 1,384,100 PHP

Business Development Manager
Posted 17 March 2021
City Education Experience Knowledge Gross salary / year
Manila Bachelors Degree 4-8 Years n/a 824,700 PHP

Graduate Associate
Posted 01 February 2021
City Education Experience Knowledge Gross salary / year
Taguig Bachelors Degree 1-2 Years n/a 692,000 PHP

Financial Consultant
Posted 31 May 2020
City Education Experience Knowledge Gross salary / year
Pasig Bachelors Degree 16-20 Years n/a 3,273,400 PHP

Actuarial Analyst
Posted 17 February 2020
City Education Experience Knowledge Gross salary / year
Quezon City Bachelors Degree 4-8 Years n/a 1,091,100 PHP

Chief Operations Officer
Posted 08 January 2020
City Education Experience Knowledge Gross salary / year
Taguig Bachelors Degree 16-20 Years n/a 7,905,300 PHP

Manager
Posted 05 November 2019
City Education Experience Knowledge Gross salary / year
Taguig Bachelors Degree 16-20 Years n/a 825,500 PHP

Chief Risk Officer
Posted 11 January 2019
City Education Experience Knowledge Gross salary / year
Manila Bachelors Degree 16-20 Years n/a 1,777,900 PHP

Senior Manager
Posted 19 October 2018
City Education Experience Knowledge Gross salary / year
Manila Bachelors Degree 4-8 Years n/a 937,700 PHP

Group Insurance Assistant
Posted 21 May 2018
City Education Experience Knowledge Gross salary / year
Manila Bachelors Degree 2-4 Years n/a 215,600 PHP

Director
Posted 25 July 2017
City Education Experience Knowledge Gross salary / year
Quezon City Doctorate Degree 20+ Years n/a 11,175,700 PHP

Officer
Posted 03 July 2017
City Education Experience Knowledge Gross salary / year
Taguig Bachelors Degree 2-4 Years n/a 569,900 PHP


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