Insurance Salary in Germany

Germany   Germany  • Change Location

Average gross salary for Insurance GROSS SALARY
EUR 80,818
Average gorss salary (USD) for Insurance GROSS SALARY (USD)
US$ 101,681
Average net salary for Insurance NET SALARY
EUR 53,309
The most typical salary for Insurance MOST TYPICAL GROSS
EUR 50,000
  Updated: 12 Feb 2018   Diff. gross vs. net: 34%
  Salary entries: 11

Insurance Earnings in Germany

Average salary for Insurance in Germany is EUR 80,818 (Gross). All data are based on our survey (11 individual salary entries). Average take home earning is EUR 53,309 (Net). The most typical salary is EUR 50,000 (Gross).

Earning percentages

Percentage of people earn this salary or more
9 % EUR 170,000
18 % EUR 150,000
27 % EUR 100,000
64 % EUR 63,000
82 % EUR 50,000
91 % EUR 48,000
100 % EUR 35,000

Earning by careers

Career Avg. gross salary (USD) Salary entries
Insurance EUR 123,333 US$ 159,645 03
General Insurance EUR 72,500 US$ 98,028 02
Risk Management Insurance EUR 100,000 US$ 135,212 01
Insurance Sales EUR 75,000 US$ 80,584 01
Title Insurance EUR 50,000 US$ 56,574 01
Life Insurance EUR 48,000 US$ 54,311 01
Insurance Broker EUR 35,000 US$ 45,901 01

Earning by cities

City Avg. gross salary (USD) Salary entries
München EUR 88,166 US$ 114,392 06
Düsseldorf EUR 50,000 US$ 62,267 02

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Salary entries from individual employees for Insurance in Germany

Below is the list of 10 individual salary profiles - all added on this website.

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CHIEF MARKETING OFFICER


 Posted: 12 Feb 2018

Masters Degree, 16-20 years: "Doing good work in marketing and products."
Individual GROSS salary:
EUR 150,000
US$ 181,116

INSURANCE SALES


 Posted: 06 Jun 2017

Doctorate Degree, 12-16 years: "Insurance Sales, performs both inbound and outbound tasks. Inbound sales come from potential customers who call in for a quote or with questions about purchasing an insurance policy. Outbound sales occur when those agents cold call people to ask about their insurance. They also contact people who expressed interest in purchasing a policy in the past."
Individual GROSS salary:
EUR 75,000
US$ 80,584

OTHER INSURANCE CAREER


 Posted: 18 May 2017

Masters Degree, 4-8 years: "Actuarial mathematics, reserving, pricing."
Individual GROSS salary:
EUR 66,000
US$ 70,914

TITLE INSURANCE


 Posted: 06 Dec 2015

Masters Degree education, 16-20 years of experience.
Individual GROSS salary:
EUR 50,000
US$ 56,574

LIFE INSURANCE


 Posted: 14 Mar 2015

Masters Degree education, 1-2 years of experience.
Individual GROSS salary:
EUR 48,000
US$ 54,311

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INSURANCE


 Posted: 16 Jun 2014

Bachelors Degree education, 0-1 year of experience.
Individual GROSS salary:
EUR 50,000
US$ 67,961

RISK MANAGEMENT INSURANCE


 Posted: 27 Dec 2013

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
EUR 100,000
US$ 135,212

INSURANCE


 Posted: 15 Oct 2013

Masters Degree education, 16-20 years of experience.
Individual GROSS salary:
EUR 170,000
US$ 229,860

GENERAL INSURANCE


 Posted: 21 Aug 2013

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
EUR 60,000
US$ 81,127

GENERAL INSURANCE


 Posted: 31 Mar 2013

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
EUR 85,000
US$ 114,930

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  SALARY BY LEVEL   INSURANCE   GERMANY

Germany •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
175K US$ 229,860 EUR 170,000
01
155K US$ 181,116 EUR 150,000
01
105K US$ 135,212 EUR 100,000
01
85K US$ 114,930 EUR 85,000
01
75K US$ 80,584 EUR 75,000
01
65K US$ 76,020 EUR 63,000
02
55K US$ 62,267 EUR 50,000
02
45K US$ 54,311 EUR 48,000
01
35K US$ 45,901 EUR 35,000
01

  SALARY BY GENDER   INSURANCE   GERMANY

Germany •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 102,177 EUR 81,142 07
Women US$ 119,116 EUR 95,333 03
N/A US$ 45,901 EUR 35,000 01

  SALARY BY EDUCATION   INSURANCE   GERMANY

Germany •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 80,584 EUR 75,000 01
Masters Degree US$ 115,505 EUR 91,125 08
Bachelors Degree US$ 56,931 EUR 42,500 02

Insurance workers holding Masters Degree degrees enjoy the highest average gross salaries in Germany. With an earned Masters Degree, they grosses EUR 91,125. While Insurance workers with Bachelors Degree education earn the least, with an average gross income of EUR 42,500. This is 102.89% lower of what Masters Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE   GERMANY

Germany •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
16-20 Years US$ 155,850 EUR 123,333 03
12-16 Years US$ 80,584 EUR 75,000 01
8-12 Years US$ 94,292 EUR 70,000 04
4-8 Years US$ 70,914 EUR 66,000 01
1-2 Years US$ 54,311 EUR 48,000 01
0-1 Year US$ 67,961 EUR 50,000 01

Insurance workers in Germany with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of EUR 123,333 compared to EUR 48,000 for their counterparts with 1-2 Years of experience. The difference between workers with 16-20 Years of experience and 1-2 Years is 186.96%.


  SALARY BY AGE   INSURANCE   GERMANY

Germany •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
45-50 US$ 80,584 EUR 75,000 01
39-44 US$ 145,620 EUR 113,750 04
33-38 US$ 108,169 EUR 80,000 02
27-32 US$ 54,311 EUR 48,000 01
22-26 US$ 70,914 EUR 66,000 01
16-21 US$ 67,961 EUR 50,000 01
N/A US$ 45,901 EUR 35,000 01
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  SALARY BY CAREER   INSURANCE   GERMANY

Germany •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Insurance US$ 159,645 EUR 123,333 03
2. Risk Management Insurance US$ 135,212 EUR 100,000 01
3. Insurance Sales US$ 80,584 EUR 75,000 01
4. General Insurance US$ 98,028 EUR 72,500 02
5. Other Insurance Career US$ 70,914 EUR 66,000 01
6. Title Insurance US$ 56,574 EUR 50,000 01
7. Life Insurance US$ 54,311 EUR 48,000 01
8. Insurance Broker US$ 45,901 EUR 35,000 01

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In Germany economy, Insurance is on the top list of highest earners, earning an average gross salary of EUR 123,333. Risk Management Insurance and General Insurance follow, earning EUR 100,000 and EUR 72,500, respectively. Insurance Broker earn a gross annual average of EUR 35,000, while Life Insurance earn EUR 48,000. The gap between the lowest and the highest paid careers is 247.80%.


  SALARY BY JOB TYPE   INSURANCE   GERMANY

Germany •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 101,681 EUR 80,818 11
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  SALARY BY CITY   INSURANCE   GERMANY

Germany •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. München Insurance in München US$ 114,392 EUR 88,166 06
2. Düsseldorf Insurance in Düsseldorf US$ 62,267 EUR 50,000 02

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  SALARY BY COUNTRY    INSURANCE

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Germany Germany US$ 101,681 EUR 80,818 11
2. France France Insurance in France US$ 100,207 EUR 79,058 17
3. Austria Austria Insurance in Austria US$ 91,861 EUR 75,722 14
4. United Kingdom United Kingdom Insurance in United Kingdom US$ 87,047 GBP 58,142 50
5. Belgium Belgium Insurance in Belgium US$ 81,681 EUR 67,308 12
6. United States United States Insurance US$ 75,346 US$ 75,346 409
7. China China Insurance in China US$ 34,892 CNY 225,363 11
8. India India Insurance in India US$ 20,303 INR 1,255,586 76

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