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LIFE INSURANCE / SALARY
Average Salary - Life Insurance / Malaysia MALAYSIA


SALARY SURVEYS

21

UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

4.6 MYR = 1 USD

127,892 MYR

$27,833 USD
Kuala Lumpur

127,874 MYR

78,115 MYR

$17,000 USD
Including "Kuala Lumpur"
Excluding "Kuala Lumpur"

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Average Salary / Life Insurance / Malaysia

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Average salary for Life Insurance / Malaysia is 127,892 MYR per year. The most typical earning is 78,115 MYR. All data are based on 21 salary surveys. Salaries are different between men and women. Men receive an average salary of 107,982 MYR. Women receive a salary of 132,795 MYR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 136,931 MYR. The second most paid education level is Some College with salary of 125,443 MYR.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 181,043 MYR. Employees with 12-16 Years of experience receive 175,069 MYR.

Levels / Life Insurance / Malaysia (Gross MYR)

Salary Levels (MYR) per Year Surveys [%]
13,800 MYR - 22,999 MYR
0 n/a
23,000 MYR - 45,899 MYR
0 n/a
46,000 MYR - 68,899 MYR
4 100%
19.05%
THE MOST TYPICAL SALARY
68,900 MYR - 91,899 MYR
6 80.95%
28.57%
91,900 MYR - 114,899 MYR
3 52.38%
14.29%
114,900 MYR - 137,799 MYR
0 n/a
137,900 MYR - 160,799 MYR
1 38.1%
4.76%
160,800 MYR - 183,799 MYR
3 33.33%
14.29%
183,800 MYR - 206,799 MYR
2 19.05%
9.52%
206,800 MYR - 229,699 MYR
1 9.52%
4.76%
229,800 MYR - 252,699 MYR
0 n/a
252,700 MYR - 275,699 MYR
0 n/a
275,700 MYR - 298,699 MYR
0 n/a
298,700 MYR - 321,599 MYR
0 n/a
321,700 MYR - 344,599 MYR
0 n/a
344,600 MYR - 367,599 MYR
1 4.76%
4.76%
367,600 MYR - 390,599 MYR
0 n/a
390,600 MYR - 413,499 MYR
0 n/a
413,600 MYR - 436,499 MYR
0 n/a
436,500 MYR - 459,499 MYR
0 n/a
459,500 MYR - 482,499 MYR
0 n/a
482,500 MYR - 505,399 MYR
0 n/a
505,500 MYR - 528,399 MYR
0 n/a
528,400 MYR - 551,399 MYR
0 n/a
551,400 MYR - 574,399 MYR
0 n/a
574,400 MYR - 597,299 MYR
0 n/a
597,400 MYR - 620,299 MYR
0 n/a
620,300 MYR - 643,299 MYR
0 n/a
643,300 MYR - 666,299 MYR
0 n/a
666,300 MYR - 689,199 MYR
0 n/a
HIGH SALARIES
689,300 MYR - 735,199 MYR
0 n/a
735,200 MYR - 781,099 MYR
0 n/a
781,200 MYR - 827,099 MYR
0 n/a
827,100 MYR - 872,999 MYR
0 n/a
873,100 MYR - 918,999 MYR
0 n/a
919,000 MYR - 964,899 MYR
0 n/a
965,000 MYR - 1,010,899 MYR
0 n/a
1,010,900 MYR - 1,056,799 MYR
0 n/a
1,056,900 MYR - 1,102,799 MYR
0 n/a
1,102,800 MYR - 1,148,699 MYR
0 n/a
1,148,800 MYR - 1,608,299 MYR
0 n/a
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Gender / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Women 6 132,795 MYR
2 Men 12 107,982 MYR

Education / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Bachelors Degree 15 136,931 MYR
2 Some College 2 125,443 MYR
3 Masters Degree 4 96,035 MYR

Experience / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 8-12 Years 3 181,043 MYR
2 12-16 Years 2 175,069 MYR
3 4-8 Years 9 149,337 MYR
4 1-2 Years 1 80,412 MYR
5 2-4 Years 4 62,951 MYR
6 0-1 Year 2 59,275 MYR

Age / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 n/a 3 197,125 MYR
2 36-40 3 183,340 MYR
3 26-30 5 140,147 MYR
4 31-35 5 108,901 MYR
5 21-25 5 59,735 MYR

Work Type / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 17 140,147 MYR
2 Contract 3 78,115 MYR
3 Self Employed 1 70,763 MYR

Cities / Life Insurance / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Seremban 2 138,769 MYR
2 Kuala Lumpur 16 127,741 MYR
3 Petaling Jaya 3 120,848 MYR

People's individual salary examples (surveys)

Company Secretary
Posted 17 January 2021
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Bachelors Degree 12-16 Years n/a 197,500 MYR

Training Manager
Posted 29 March 2020
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Some College 8-12 Years n/a 200,600 MYR

Actuarial Analyst
Posted 20 June 2019
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Masters Degree 1-2 Years n/a 80,400 MYR

Assistant Agency Director
Posted 26 May 2019
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Bachelors Degree 2-4 Years n/a 56,200 MYR

Assistant Manager Actuarial
Posted 10 May 2019
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Masters Degree 4-8 Years n/a 88,800 MYR

Business Development
Posted 23 October 2018
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Masters Degree 8-12 Years n/a 114,500 MYR


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