INSURANCE / SALARY
PORT OF SPAIN

SALARY SURVEYS

17

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 6.81 TTD = 1 USD
220,926 TTD $32,441 USD		81,721 TTD $12,000 USD		Gross income Net (after tax) 6.81 TTD = 1 USD

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Average Salary / Insurance / Port of Spain

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Average salary for Insurance / Port of Spain is 220,926 TTD per year. The most typical earning is 81,721 TTD. All data are based on 17 salary surveys. Salaries are different between men and women. Men receive an average salary of 260,145 TTD. Women receive a salary of 160,037 TTD.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 265,593 TTD. The second most paid education level is Masters Degree with salary of 242,439 TTD.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 565,237 TTD. Employees with 12-16 Years of experience receive 308,497 TTD.

Levels / Insurance / Port of Spain (Gross TTD)

Salary Levels (TTD) per Year	Surveys	[%]
20,400 TTD - 33,999 TTD	0	n/a
34,100 TTD - 68,099 TTD	2	100% 11.76%
THE MOST TYPICAL SALARY
68,100 TTD - 102,099 TTD	4	88.24% 23.53%
102,200 TTD - 136,199 TTD	2	64.71% 11.76%
136,200 TTD - 170,199 TTD	2	52.94% 11.76%
170,300 TTD - 204,299 TTD	1	41.18% 5.88%
204,300 TTD - 238,299 TTD	1	35.29% 5.88%
238,400 TTD - 272,399 TTD	0	n/a
272,400 TTD - 306,399 TTD	1	29.41% 5.88%
306,500 TTD - 340,499 TTD	1	23.53% 5.88%
340,500 TTD - 374,499 TTD	0	n/a
374,600 TTD - 408,599 TTD	1	17.65% 5.88%
408,600 TTD - 442,599 TTD	0	n/a
442,700 TTD - 476,699 TTD	0	n/a
476,700 TTD - 510,799 TTD	1	11.76% 5.88%
510,800 TTD - 544,799 TTD	0	n/a
544,800 TTD - 578,899 TTD	0	n/a
578,900 TTD - 612,899 TTD	0	n/a
612,900 TTD - 646,999 TTD	0	n/a
647,000 TTD - 680,999 TTD	0	n/a
681,000 TTD - 715,099 TTD	0	n/a
715,100 TTD - 749,099 TTD	0	n/a
749,100 TTD - 783,199 TTD	0	n/a
783,200 TTD - 817,199 TTD	1	5.88% 5.88%
817,200 TTD - 851,299 TTD	0	n/a
851,300 TTD - 885,299 TTD	0	n/a
885,300 TTD - 919,399 TTD	0	n/a
919,400 TTD - 953,399 TTD	0	n/a
953,400 TTD - 987,499 TTD	0	n/a
987,500 TTD - 1,021,499 TTD	0	n/a
HIGH SALARIES
1,021,500 TTD - 1,089,599 TTD	0	n/a
1,089,600 TTD - 1,157,699 TTD	0	n/a
1,157,700 TTD - 1,225,799 TTD	0	n/a
1,225,800 TTD - 1,293,899 TTD	0	n/a
1,293,900 TTD - 1,361,999 TTD	0	n/a
1,362,000 TTD - 1,430,099 TTD	0	n/a
1,430,100 TTD - 1,498,199 TTD	0	n/a
1,498,200 TTD - 1,566,299 TTD	0	n/a
1,566,300 TTD - 1,634,399 TTD	0	n/a
1,634,400 TTD - 1,702,499 TTD	0	n/a
1,702,500 TTD - 2,383,499 TTD	0	n/a

Gender / Insurance / Port of Spain (Gross TTD)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	11	260,145 TTD
2	Women	5	160,037 TTD

Education / Insurance / Port of Spain (Gross TTD)

#		Surveys
1	Bachelors Degree	8	265,593 TTD
2	Masters Degree	4	242,439 TTD
3	Some College	4	155,270 TTD
4	High School	1	42,903 TTD

Experience / Insurance / Port of Spain (Gross TTD)

#		Surveys
1	16-20 Years	2	565,237 TTD
2	12-16 Years	3	308,497 TTD
3	8-12 Years	2	279,213 TTD
4	1-2 Years	2	196,130 TTD
5	2-4 Years	1	125,986 TTD
6	0-1 Year	1	96,703 TTD
7	4-8 Years	6	87,169 TTD

Age / Insurance / Port of Spain (Gross TTD)

#		Surveys
1	36-40	5	427,673 TTD
2	61-65	1	319,393 TTD
3	31-35	2	214,517 TTD
4	26-30	6	110,323 TTD
5	n/a	1	90,574 TTD
6	21-25	2	57,885 TTD

Work Type / Insurance / Port of Spain (Gross TTD)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	16	232,224 TTD
2	Contract	1	42,903 TTD

Careers / Insurance / Port of Spain (Gross TTD)

#		Surveys
1	Insurance	1	502,584 TTD
2	Insurance Broker	3	388,856 TTD
3	Insurance Sales	1	302,368 TTD
4	Life Insurance	2	273,765 TTD
5	Insurance Agent	2	190,001 TTD
6	General Insurance	2	148,459 TTD
7	Insurance Adjuster	2	128,710 TTD
8	Insurance Underwriter	3	87,169 TTD
9	Other Insurance Career	1	42,903 TTD

People's individual salary examples (surveys)

Ae Designate

Posted 18 March 2022
Key knowledge and tasks

"General insurance broking."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Bachelors Degree	2-4 Years	Intermediate	126,300 TTD

Sales Rep

Posted 12 March 2020
Key knowledge and tasks

"Sales, some finance, strong communication skills."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Some College	1-2 Years	n/a	302,300 TTD

Account Executive

Posted 17 October 2019
Key knowledge and tasks

"Insurance Brokerage and Risk Management."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Bachelors Degree	12-16 Years	n/a	229,200 TTD

Pensions Manager

Posted 15 August 2019
Key knowledge and tasks

"Pensions Services Manager."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Masters Degree	8-12 Years	n/a	402,200 TTD

Assistant Underwriter

Posted 22 April 2019
Key knowledge and tasks

"Assess and review risks, approve motor policies, sign documents and policies as authorized by manager."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Masters Degree	4-8 Years	n/a	102,600 TTD

Actuarial Analyst

Posted 16 April 2019
Key knowledge and tasks

"Perform calculations that are integral to pricing of products, using Microsoft excel."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Masters Degree	4-8 Years	n/a	144,800 TTD

Adjuster

Posted 18 February 2019
Key knowledge and tasks

"Assessing Damages done to cars involved in accidents."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Some College	8-12 Years	n/a	156,800 TTD

Executive

Posted 02 January 2019
Key knowledge and tasks

"Chief Operations Officer."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Bachelors Degree	12-16 Years	n/a	502,700 TTD

Claims Inspector

Posted 18 December 2018
Key knowledge and tasks

"Adjusting General Insurance Claims."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Some College	4-8 Years	n/a	100,600 TTD

Commercial Manager

Posted 17 December 2018
Key knowledge and tasks

"Manage portfolio of corporate clients."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Bachelors Degree	16-20 Years	n/a	811,200 TTD

Customer Care

Posted 25 September 2018
Key knowledge and tasks

"Over the counter transaction."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	High School	4-8 Years	n/a	42,600 TTD

Financial Advisor

Posted 30 May 2018
Key knowledge and tasks

"Getting policies and setting up clients for insurance."

City	Education	Experience	Knowledge	Gross salary / year
Port of Spain	Some College	4-8 Years	n/a	60,800 TTD

INSURANCE / SALARY PORT OF SPAIN

17

220,926 TTD

81,721 TTD