Insurance Salary in New Zealand

New Zealand   New Zealand  • Change Location

Average gross salary for Insurance GROSS SALARY
NZ$ 67,759
Average gorss salary (USD) for Insurance GROSS SALARY (USD)
US$ 52,584
Average net salary for Insurance NET SALARY
NZ$ 50,456
The most typical salary for Insurance MOST TYPICAL GROSS
NZ$ 51,957
  Updated: 19 Mar 2018   Diff. gross vs. net: 25%
  Salary entries: 22

Insurance Earnings in New Zealand

Average salary for Insurance in New Zealand is NZ$ 67,759 (Gross). All data are based on our survey (22 individual salary entries). Average take home earning is NZ$ 50,456 (Net). The most typical salary is NZ$ 51,957 (Gross).

Earning percentages

Percentage of people earn this salary or more
9 % NZ$ 125,000
14 % NZ$ 118,000
23 % NZ$ 70,000
55 % NZ$ 64,857
86 % NZ$ 51,957
91 % NZ$ 47,000
100 % NZ$ 37,000

Earning by careers

Career Avg. gross salary (USD) Salary entries
Insurance Broker NZ$ 74,444 US$ 57,830 09
Commercial Insurance NZ$ 58,750 US$ 46,930 02
Health Insurance NZ$ 56,500 US$ 43,527 02
Insurance Adjuster NZ$ 53,350 US$ 41,100 02
Risk Management Insurance NZ$ 52,750 US$ 40,412 02
Life Insurance NZ$ 125,000 US$ 104,052 01
Insurance Underwriter NZ$ 67,000 US$ 51,616 01
Insurance NZ$ 50,000 US$ 36,822 01
General Insurance NZ$ 47,000 US$ 36,208 01

Earning by cities

City Avg. gross salary (USD) Salary entries
Auckland NZ$ 75,246 US$ 59,091 13
Christchurch NZ$ 58,125 US$ 43,886 04
Wellington NZ$ 58,333 US$ 44,072 03

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Salary entries from individual employees for Insurance in New Zealand

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

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ANALYST


 Posted: 19 Mar 2018

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
NZ$ 89,000
US$ 63,731

RISK MANAGEMENT INSURANCE


 Posted: 19 Jan 2017

Bachelors Degree, 2-4 years: "Actuarial Analyst financial reserving."
Individual GROSS salary:
NZ$ 69,500
US$ 50,856

INSURANCE BROKER


 Posted: 26 May 2016

Some College, 16-20 years: "Marketing of insurance to clients and placing the risk with insurer."
Individual GROSS salary:
NZ$ 65,000
US$ 43,083

INSURANCE BROKER


 Posted: 21 May 2015

Bachelors Degree education, 20+ years of experience.
Individual GROSS salary:
NZ$ 67,000
US$ 49,341

INSURANCE


 Posted: 16 Apr 2015

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
NZ$ 50,000
US$ 36,822

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INSURANCE BROKER


 Posted: 04 Aug 2014

Some College education, 2-4 years of experience.
Individual GROSS salary:
NZ$ 60,000
US$ 49,430

INSURANCE BROKER


 Posted: 01 Jun 2014

Bachelors Degree education, 16-20 years of experience.
Individual GROSS salary:
NZ$ 150,000
US$ 123,576

COMMERCIAL INSURANCE


 Posted: 18 May 2014

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
NZ$ 62,500
US$ 51,490

LIFE INSURANCE


 Posted: 18 Apr 2012

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
NZ$ 125,000
US$ 104,052

RISK MANAGEMENT INSURANCE


 Posted: 06 Apr 2012

Bachelors Degree education, 1-2 years of experience.
Individual GROSS salary:
NZ$ 36,000
US$ 29,967

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  SALARY BY LEVEL   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
155K US$ 123,576 NZ$ 150,000
01
125K US$ 104,052 NZ$ 125,000
01
115K US$ 90,905 NZ$ 118,000
01
85K US$ 63,731 NZ$ 89,000
01
75K US$ 53,927 NZ$ 70,000
01
65K US$ 49,193 NZ$ 64,857
07
55K US$ 39,784 NZ$ 51,957
07
45K US$ 36,208 NZ$ 47,000
01
35K US$ 30,799 NZ$ 37,000
02

  SALARY BY GENDER   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 65,191 NZ$ 83,562 08
Women US$ 37,485 NZ$ 47,833 03
N/A US$ 47,533 NZ$ 61,700 11

  SALARY BY EDUCATION   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Bachelors Degree US$ 59,726 NZ$ 76,307 13
Some College US$ 43,118 NZ$ 56,671 07
High School US$ 39,290 NZ$ 51,000 02

Insurance workers holding Bachelors Degree degrees enjoy the highest average gross salaries in New Zealand. With an earned Bachelors Degree, they grosses NZ$ 76,307. While Insurance workers with High School education earn the least, with an average gross income of NZ$ 51,000. This is 52.01% lower of what Bachelors Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 49,341 NZ$ 67,000 01
16-20 Years US$ 85,855 NZ$ 111,000 03
12-16 Years US$ 53,927 NZ$ 70,000 01
8-12 Years US$ 44,169 NZ$ 57,333 03
4-8 Years US$ 38,327 NZ$ 49,750 04
2-4 Years US$ 59,397 NZ$ 76,000 06
1-2 Years US$ 36,711 NZ$ 45,666 03
0-1 Year US$ 43,681 NZ$ 56,700 01

Insurance workers in New Zealand with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of NZ$ 111,000 compared to NZ$ 45,666 for their counterparts with 1-2 Years of experience. The difference between workers with 16-20 Years of experience and 1-2 Years is 133.87%.


  SALARY BY AGE   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
45-50 US$ 46,212 NZ$ 66,000 02
39-44 US$ 87,533 NZ$ 106,250 02
33-38 US$ 49,430 NZ$ 60,000 01
27-32 US$ 57,293 NZ$ 79,250 02
22-26 US$ 50,618 NZ$ 62,250 04
N/A US$ 47,533 NZ$ 61,700 11
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  SALARY BY CAREER   INSURANCE   NEW ZEALAND

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# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Life Insurance US$ 104,052 NZ$ 125,000 01
2. Other Insurance Career US$ 63,731 NZ$ 89,000 01
3. Insurance Broker US$ 57,830 NZ$ 74,444 09
4. Insurance Underwriter US$ 51,616 NZ$ 67,000 01
5. Commercial Insurance US$ 46,930 NZ$ 58,750 02
6. Health Insurance US$ 43,527 NZ$ 56,500 02
7. Insurance Adjuster US$ 41,100 NZ$ 53,350 02
8. Risk Management Insurance US$ 40,412 NZ$ 52,750 02
9. Insurance US$ 36,822 NZ$ 50,000 01
10. General Insurance US$ 36,208 NZ$ 47,000 01

Show all careers »

In New Zealand economy, Life Insurance is on the top list of highest earners, earning an average gross salary of NZ$ 125,000. Other Insurance Career and Insurance Broker follow, earning NZ$ 89,000 and NZ$ 74,444, respectively. General Insurance earn a gross annual average of NZ$ 47,000, while Insurance earn NZ$ 50,000. The gap between the lowest and the highest paid careers is 187.37%.


  SALARY BY JOB TYPE   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 49,203 NZ$ 63,842 21
Self Employed US$ 123,576 NZ$ 150,000 01
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  SALARY BY CITY   INSURANCE   NEW ZEALAND

New Zealand •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Auckland Insurance in Auckland US$ 59,091 NZ$ 75,246 13
2. Wellington Insurance in Wellington US$ 44,072 NZ$ 58,333 03
3. Christchurch Insurance in Christchurch US$ 43,886 NZ$ 58,125 04

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  SALARY BY COUNTRY    INSURANCE

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Germany Germany Insurance in Germany US$ 101,681 EUR 80,818 11
2. Australia Australia Insurance in Australia US$ 91,588 AU$ 104,523 34
3. United Kingdom United Kingdom Insurance in United Kingdom US$ 87,047 GBP 58,142 50
4. Singapore Singapore Insurance in Singapore US$ 82,193 SGD 105,278 57
5. Hong Kong Hong Kong Insurance in Hong Kong US$ 77,064 HKD 599,325 38
6. United States United States Insurance US$ 75,340 US$ 75,340 408
7. New Zealand New Zealand US$ 52,584 NZ$ 67,759 22
8. Indonesia Indonesia Insurance in Indonesia US$ 31,731 IDR 391,051,025 20
9. Malaysia Malaysia Insurance in Malaysia US$ 28,902 MYR 98,277 91

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