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Insurance Appraiser Average Salary in Bahrain 2024

How much money does a person working as Insurance Appraiser make in Bahrain?


Average Monthly Salary
1,510 BHD
( 18,100 BHD yearly)

LOW
720
BHD
AVERAGE
1,510
BHD
HIGH
2,370
BHD
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Insurance Appraiser in Bahrain typically earns around 1,510 BHD. Salaries range from 720 BHD (lowest) to 2,370 BHD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Insurance Appraiser salaries in Bahrain vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Insurance Appraiser Pay Scale and Salaries in Bahrain

Median and salary distribution Bahrain Insurance Appraiser monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,410 BHD or more
10% of people earn
1,240 to 1,410 BHD
20% of people earn
870 BHD or less
65% of people earn
870 to 1,240 BHD
Minimum Salary
720 BHD
Median
1,420 BHD
Maximum
2,370 BHD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Insurance Appraiser in Bahrain range from 720 BHD (starting salary) to 2,370 BHD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 1,420 BHD, half of the professionals who work as Insurance Appraiser in Bahrain earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Insurance Appraiser in Bahrain earn less than 1,160 BHD, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,630 BHD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Insurance Appraiser in Bahrain compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 870 BHD to 1,240 BHD. About 20% of salaries are below the 870 BHD mark, while 10% fall within the range of 1,240 BHD to 1,410 BHD. Only 5% of individuals have salaries exceeding 1,410 BHD.

Salary Comparison by Years of Experience / Insurance Appraiser / Bahrain

How do experience and age affect pay?

0 - 2 Years
850 BHD
2 - 5 Years+42%
1,200 BHD
5 - 10 Years+31%
1,580 BHD
10 - 15 Years+23%
1,940 BHD
15 - 20 Years+6%
2,070 BHD
20+ Years+10%
2,260 BHD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bahrain Insurance Appraiser
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Insurance Appraiser and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 850 BHD.

While someone with an experience level between two and five years is expected to earn 1,200 BHD, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,580 BHD, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,940 BHD, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 2,070 BHD, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 2,260 BHD, 10% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Insurance Appraiser / Bahrain

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Insurance Appraiser.

Certificate or Diploma
1,140 BHD
Bachelor's Degree+90%
2,160 BHD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bahrain Insurance Appraiser
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Insurance Appraiser in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 1,140 BHD.


Level 2: Bachelor's Degree

At this level, the average salary becomes 2,160 BHD, 90% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Insurance Appraiser / Bahrain

Salary comparison by gender Bahrain Insurance Appraiser monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Insurance Appraiser in Bahrain, the average difference between the salary of male and female employees is 7%.

Male
1,580 BHD
Female-7%
1,470 BHD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bahrain for all Careers

Salary comparison by gender monthly Bahrain
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Average Annual Salary Increment Percentage / Insurance Appraiser / Bahrain

How much are annual salary increments in Bahrain for individuals working as Insurance Appraiser? How often do employees get salary raises?

Individuals working as Insurance Appraiser in Bahrain are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Bahrain Insurance Appraiser
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Bahrain / All Professions

Annual Salary Increment Rate Bahrain
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Bahrain is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Insurance Appraiser / Bahrain

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bahrain Insurance Appraiser
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86% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 14% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
14%
No Bonus
86%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Insurance Appraiser / Bahrain


9 BHD per hour

The average hourly wage (pay per hour) for individuals working as Insurance Appraiser in Bahrain is 9 BHD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Insurance Appraiser in Bahrain is 4 BHD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Insurance-100%
Actuarial Analyst2,020 BHD+34%
Actuarial Assistant1,450 BHD-4%
Actuarial Specialist1,490 BHD-1%
Actuary2,020 BHD+34%
Adjustment Insurance Clerk550 BHD-64%
Assistant Broker930 BHD-38%
Assistant Claims Manager1,690 BHD+12%
Associate Insurance Representative810 BHD-46%
Auditing Insurance Manager2,240 BHD+48%
Blockchain Insurance Auditor1,430 BHD-5%
Broker1,570 BHD+4%
Claim Advocacy Professional1,530 BHD+1%
Claims Adjuster570 BHD-62%
Claims Analyst810 BHD-46%
Claims Examiner830 BHD-45%
Claims Manager2,060 BHD+37%
Claims Processor550 BHD-64%
Claims Representative680 BHD-55%
Claims Resolution Specialist1,670 BHD+11%
Claims Supervisor1,500 BHD-1%
Complaints Specialist1,360 BHD-10%
Compliance Examiner1,450 BHD-4%
Compliance Officer1,200 BHD-20%
Compliance Reviewer1,460 BHD-3%
Consultant1,530 BHD+1%
Drone Claims Adjuster700 BHD-54%
Eligibility Interviewer1,610 BHD+7%
Eligibility Specialist1,540 BHD+2%
Insurance Account Manager1,880 BHD+25%
Insurance Accounts Executive1,570 BHD+4%
Insurance Adjuster1,480 BHD-2%
Insurance Agent940 BHD-38%
Insurance Analyst1,530 BHD+1%
Insurance Appraiser1,510 BHD+0%
Insurance Claims Clerk570 BHD-62%
Insurance Compliance Officer1,690 BHD+12%
Insurance Data Scientist1,400 BHD-7%
Insurance Examiner1,430 BHD-5%
Insurance Fraud Investigator1,290 BHD-15%
Insurance Investigator1,490 BHD-1%
Insurance Manager2,590 BHD+72%
Insurance Operations Manager2,730 BHD+81%
Insurance Policy Processing Clerk540 BHD-64%
Insurance Pricing Assistant1,190 BHD-21%
Insurance Product Manager1,850 BHD+23%
Insurance Program Manager2,060 BHD+37%
Insurance Project Manager1,950 BHD+29%
Insurance Quality Assurance Agent1,260 BHD-17%
Insurance Sales Agent880 BHD-42%
Insurance Sales Director2,510 BHD+66%
Insurance Sales Manager1,980 BHD+31%
Insurance Sales Representative780 BHD-48%
Insurance Team Leader1,600 BHD+6%
Insurance Underwriter1,130 BHD-25%
Insurtech Analyst1,470 BHD-3%
Loss Control Specialist1,500 BHD-1%
Loss Prevention Investigator1,640 BHD+9%
Loss Prevention Manager2,120 BHD+40%
Loss Prevention Specialist1,580 BHD+5%
Marine Underwriter1,120 BHD-26%
Medical Auditor1,530 BHD+1%
Monitoring and Performance Officer1,050 BHD-30%
Parametric Insurance Specialist1,510 BHD+0%
Payment Services Specialist1,590 BHD+5%
Peer-to-Peer Insurance Manager1,860 BHD+23%
Policy Change Director2,480 BHD+64%
Policy Change Supervisor1,580 BHD+5%
Policy Change Technician720 BHD-52%
Risk Analyst1,720 BHD+14%
Risk Management Director3,030 BHD+100%
Risk Management Supervisor1,990 BHD+32%
Risk Manager2,730 BHD+81%
Risk Modeling Manager2,770 BHD+84%
Social Media Risk Analyst1,550 BHD+3%
Title Insurance Typist1,250 BHD-17%
Training Manager1,630 BHD+8%
Underwriting Assistant770 BHD-49%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bahrain is 17% on average across all career fields.

Private Sector
1,380 BHD
Public Sector+17%
1,620 BHD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Insurance Appraiser in Bahrain?

A good and competitive compensation would range anywhere between 1,420 BHD and 1,630 BHD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Insurance Appraiser in Bahrain ranges from 720 BHD to 1,160 BHD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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