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Insurance Appraiser Average Salary in Russia 2020

How much money does an Insurance Appraiser make in Russia?


Average Monthly Salary
103,000 RUB
( 1,240,000 RUB yearly)

LOW
49,600
RUB
AVERAGE
103,000
RUB
HIGH
162,000
RUB

A person working as an Insurance Appraiser in Russia typically earns around 103,000 RUB per month. Salaries range from 49,600 RUB (lowest) to 162,000 RUB (highest).

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

Insurance Appraiser Salary Distribution in Russia

Median and salary distribution monthly Russia Insurance Appraiser
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The median, the maximum, the minimum, and the range

  • Salary Range

    Insurance Appraiser salaries in Russia range from 49,600 RUB per month (minimum salary) to 162,000 RUB per month (maximum salary).

  • Median Salary

    The median salary is 108,000 RUB per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 108,000 RUB while the other half are earning more than 108,000 RUB. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Insurance Appraiser(s) are earning less than 70,700 RUB while 75% of them are earning more than 70,700 RUB. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 140,000 RUB while 25% are earning more than 140,000 RUB.


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

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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

Insurance Appraiser Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Russia 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 your wage. We broke down Insurance Appraiser salaries by experience level and this is what we found.

An Insurance Appraiser with less than two years of experience makes approximately 58,100 RUB per month.

While someone with an experience level between two and five years is expected to earn 82,300 RUB per month, 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 108,000 RUB per month, 31% more than someone with two to five 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.

Additionally, Insurance Appraiser(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 133,000 RUB per month, 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 141,000 RUB per month, 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 155,000 RUB per month, 10% more than people with fifteen to twenty years of experience.


Insurance Appraiser average salary change by experience in Russia

0 - 2 Years
58,100 RUB
2 - 5 Years+42%
82,300 RUB
5 - 10 Years+31%
108,000 RUB
10 - 15 Years+23%
133,000 RUB
15 - 20 Years+6%
141,000 RUB
20+ Years+10%
155,000 RUB
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Insurance Appraiser Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Insurance Appraiser(s) who have the same experience but different education levels.

Salary comparison by education level monthly Russia 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 Insurance Appraiser salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an Insurance Appraiser is 77,800 RUB per month.

While someone with a Bachelor's Degree gets a salary of 148,000 RUB per month, 90% more than someone having a Certificate or Diploma degree.


Insurance Appraiser average salary difference by education level in Russia

Certificate or Diploma
77,800 RUB
Bachelor's Degree+90%
148,000 RUB
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Insurance Appraiser Salary Comparison By Gender

Salary comparison by gender monthly Russia Insurance Appraiser
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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? Male Insurance Appraiser employees in Russia earn 6% more than their female counterparts on average.

Male
107,000 RUB
Female-6%
101,000 RUB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Russia for all Careers

Salary comparison by gender monthly Russia
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Insurance Appraiser Average Annual Salary Increment Percentage in Russia

How much are annual salary increments in Russia for Insurance Appraiser(s)? How often do employees get salary raises?

Insurance Appraiser

Insurance Appraiser(s) in Russia are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Russia 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.

Russia / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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 Russia is 6%.

Annual Increment Rate By Industry 2019

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in Russia for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Insurance Appraiser Bonus and Incentive Rates in Russia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Russia Insurance Appraiser
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An Insurance Appraiser is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% 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
32%
No Bonus
68%

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.

Insurance Appraiser Average Hourly Wage in Russia


600 RUB per hour

The average hourly wage (pay per hour) in Russia is 600 RUB. This means that the average Insurance Appraiser in Russia earns approximately 600 RUB for every worked hour.


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

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 fix 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.

Insurance Appraiser VS Other Jobs

Salary Comparison Between Insurance Appraiser and Insurance monthly Russia
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The average salary for Insurance Appraiser is 1% less than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Actuarial Analyst131,000 RUB+27%
Actuarial Assistant99,600 RUB-4%
Actuary134,000 RUB+30%
Adjustment Insurance Clerk37,100 RUB-64%
Assistant Broker60,900 RUB-41%
Assistant Claims Manager110,000 RUB+6%
Associate Insurance Representative50,700 RUB-51%
Auditing Insurance Manager145,000 RUB+40%
Broker105,000 RUB+2%
Claim Advocacy Professional105,000 RUB+2%
Claims Adjuster39,300 RUB-62%
Claims Analyst53,900 RUB-48%
Claims Examiner52,800 RUB-49%
Claims Manager140,000 RUB+35%
Claims Processor36,200 RUB-65%
Claims Representative46,400 RUB-55%
Claims Resolution Specialist111,000 RUB+7%
Claims Supervisor104,000 RUB+1%
Complaints Specialist92,800 RUB-10%
Compliance Officer79,400 RUB-23%
Consultant98,300 RUB-5%
Eligibility Specialist103,000 RUB-0%
Insurance Account Manager122,000 RUB+18%
Insurance Accounts Executive109,000 RUB+5%
Insurance Agent62,700 RUB-39%
Insurance Analyst98,800 RUB-4%
Insurance Appraiser103,000 RUB-0%
Insurance Claims Clerk37,500 RUB-64%
Insurance Examiner90,600 RUB-12%
Insurance Investigator91,000 RUB-12%
Insurance Manager171,000 RUB+65%
Insurance Operations Manager165,000 RUB+60%
Insurance Policy Processing Clerk38,900 RUB-62%
Insurance Pricing Assistant80,900 RUB-22%
Insurance Program Manager132,000 RUB+28%
Insurance Project Manager125,000 RUB+21%
Insurance Quality Assurance Agent85,700 RUB-17%
Insurance Sales Agent61,000 RUB-41%
Insurance Sales Director173,000 RUB+67%
Insurance Team Leader101,000 RUB-2%
Insurance Underwriter77,900 RUB-25%
Loss Control Specialist96,700 RUB-6%
Loss Prevention Investigator102,000 RUB-1%
Loss Prevention Manager140,000 RUB+35%
Loss Prevention Specialist111,000 RUB+7%
Marine Underwriter78,200 RUB-24%
Medical Auditor101,000 RUB-2%
Monitoring and Performance Officer73,000 RUB-29%
Payment Services Specialist98,300 RUB-5%
Policy Change Director154,000 RUB+49%
Policy Change Supervisor104,000 RUB+1%
Policy Change Technician50,600 RUB-51%
Risk Analyst112,000 RUB+8%
Risk Management Director190,000 RUB+84%
Risk Management Supervisor120,000 RUB+16%
Risk Manager194,000 RUB+88%
Risk Modeling Manager190,000 RUB+84%
Title Insurance Typist89,100 RUB-14%
Training Manager106,000 RUB+3%

Salary Comparison By City

CityAverage Salary
Chelyabinsk110,000 RUB
Izhevsk97,100 RUB
Kazan106,000 RUB
Krasnodar101,000 RUB
Krasnoyarsk106,000 RUB
Moscow121,000 RUB
Nizhny Novgorod109,000 RUB
Omsk108,000 RUB
Rostov-on-Don100,000 RUB
Saint Petersburg113,000 RUB
Samara98,700 RUB
Saratov94,900 RUB
Volgograd94,300 RUB
Yekaterinburg116,000 RUB

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Russia earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
101,000 RUB
Public Sector+6%
107,000 RUB
Percentage increase and decrease are relative to the previous value

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