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Insurance Appraiser Average Salary in Portugal 2024

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


Average Monthly Salary
2,640 EUR
( 31,600 EUR yearly)

LOW
1,290
EUR
AVERAGE
2,640
EUR
HIGH
4,110
EUR
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 Portugal typically earns around 2,640 EUR. Salaries range from 1,290 EUR (lowest) to 4,110 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Insurance Appraiser salaries in Portugal 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 Portugal

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

5% of people earn
2,440 EUR or more
10% of people earn
2,160 to 2,440 EUR
20% of people earn
1,530 EUR or less
65% of people earn
1,530 to 2,160 EUR
Minimum Salary
1,290 EUR
Median
2,460 EUR
Maximum
4,110 EUR




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 Portugal range from 1,290 EUR (starting salary) to 4,110 EUR (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 2,460 EUR, half of the professionals who work as Insurance Appraiser in Portugal 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 Portugal earn less than 2,010 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,810 EUR 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 Portugal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,530 EUR to 2,160 EUR. About 20% of salaries are below the 1,530 EUR mark, while 10% fall within the range of 2,160 EUR to 2,440 EUR. Only 5% of individuals have salaries exceeding 2,440 EUR.

Salary Comparison by Years of Experience / Insurance Appraiser / Portugal

How do experience and age affect pay?

0 - 2 Years
1,530 EUR
2 - 5 Years+29%
1,970 EUR
5 - 10 Years+38%
2,720 EUR
10 - 15 Years+24%
3,360 EUR
15 - 20 Years+7%
3,600 EUR
20+ Years+7%
3,840 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Portugal 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 1,530 EUR.

While someone with an experience level between two and five years is expected to earn 1,970 EUR, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 2,720 EUR, 38% 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 3,360 EUR, 24% 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 3,600 EUR, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 3,840 EUR, 7% 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 / Portugal

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
2,170 EUR
Bachelor's Degree+53%
3,320 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Portugal 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 2,170 EUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 3,320 EUR, 53% 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 / Portugal

Salary comparison by gender Portugal 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 Portugal, the average difference between the salary of male and female employees is 5%.

Male
2,700 EUR
Female-5%
2,570 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Portugal for all Careers

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

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

Individuals working as Insurance Appraiser in Portugal are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Portugal 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.

Portugal / All Professions

Annual Salary Increment Rate Portugal
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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 Portugal is 7%.

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 / Portugal

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Portugal Insurance Appraiser
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69% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 31% 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
31%
No Bonus
69%

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 / Portugal


15 EUR per hour

The average hourly wage (pay per hour) for individuals working as Insurance Appraiser in Portugal is 15 EUR.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 Portugal is 7 EUR. 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 Analyst3,470 EUR+32%
Actuarial Assistant2,630 EUR-0%
Actuarial Specialist2,600 EUR-1%
Actuary3,670 EUR+39%
Adjustment Insurance Clerk990 EUR-62%
Assistant Broker1,670 EUR-37%
Assistant Claims Manager3,000 EUR+14%
Associate Insurance Representative1,460 EUR-45%
Auditing Insurance Manager3,860 EUR+46%
Blockchain Insurance Auditor2,570 EUR-2%
Broker2,670 EUR+1%
Claim Advocacy Professional2,660 EUR+1%
Claims Adjuster1,040 EUR-61%
Claims Analyst1,420 EUR-46%
Claims Examiner1,380 EUR-48%
Claims Manager3,650 EUR+39%
Claims Processor1,030 EUR-61%
Claims Representative1,240 EUR-53%
Claims Resolution Specialist2,780 EUR+6%
Claims Supervisor2,690 EUR+2%
Complaints Specialist2,390 EUR-9%
Compliance Examiner2,660 EUR+1%
Compliance Officer2,190 EUR-17%
Compliance Reviewer2,560 EUR-3%
Consultant2,800 EUR+6%
Drone Claims Adjuster1,150 EUR-56%
Eligibility Interviewer2,830 EUR+7%
Eligibility Specialist2,650 EUR+1%
Insurance Account Manager3,210 EUR+22%
Insurance Accounts Executive3,010 EUR+14%
Insurance Adjuster2,490 EUR-6%
Insurance Agent1,630 EUR-38%
Insurance Analyst2,520 EUR-4%
Insurance Appraiser2,640 EUR+0%
Insurance Claims Clerk950 EUR-64%
Insurance Compliance Officer3,110 EUR+18%
Insurance Data Scientist2,470 EUR-6%
Insurance Examiner2,530 EUR-4%
Insurance Fraud Investigator2,170 EUR-18%
Insurance Investigator2,530 EUR-4%
Insurance Manager4,560 EUR+73%
Insurance Operations Manager4,480 EUR+70%
Insurance Policy Processing Clerk970 EUR-63%
Insurance Pricing Assistant2,020 EUR-23%
Insurance Product Manager3,300 EUR+25%
Insurance Program Manager3,630 EUR+38%
Insurance Project Manager3,560 EUR+35%
Insurance Quality Assurance Agent2,230 EUR-15%
Insurance Sales Agent1,670 EUR-37%
Insurance Sales Director4,570 EUR+73%
Insurance Sales Manager3,490 EUR+32%
Insurance Sales Representative1,430 EUR-46%
Insurance Team Leader2,730 EUR+4%
Insurance Underwriter1,970 EUR-25%
Insurtech Analyst2,530 EUR-4%
Loss Control Specialist2,610 EUR-1%
Loss Prevention Investigator2,730 EUR+4%
Loss Prevention Manager3,720 EUR+41%
Loss Prevention Specialist2,940 EUR+12%
Marine Underwriter2,020 EUR-23%
Medical Auditor2,690 EUR+2%
Monitoring and Performance Officer1,900 EUR-28%
Parametric Insurance Specialist2,610 EUR-1%
Payment Services Specialist2,640 EUR+0%
Peer-to-Peer Insurance Manager3,210 EUR+22%
Policy Change Director4,330 EUR+64%
Policy Change Supervisor2,910 EUR+10%
Policy Change Technician1,270 EUR-52%
Risk Analyst3,080 EUR+17%
Risk Management Director5,200 EUR+97%
Risk Management Supervisor3,270 EUR+24%
Risk Manager5,240 EUR+99%
Risk Modeling Manager5,110 EUR+94%
Social Media Risk Analyst2,860 EUR+9%
Title Insurance Typist2,410 EUR-9%
Training Manager2,910 EUR+10%
Underwriting Assistant1,370 EUR-48%

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 Portugal is 6% on average across all career fields.

Private Sector
2,690 EUR
Public Sector+6%
2,850 EUR
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 Portugal?

A good and competitive compensation would range anywhere between 2,460 EUR and 2,810 EUR. 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 Portugal ranges from 1,290 EUR to 2,010 EUR. 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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