Home Page
Compare Your Salary
Salary Report
Best Paying Jobs
Salary Increase Letter
Read Our Articles
Salary Calculator

Insurance Average Salaries in Jeddah 2019

How much money does a person working in Insurance make in Jeddah?

17,410 SAR per month
Average Monthly Salary
A person working in Insurance in Jeddah typically earns around 17,410 SAR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Insurance jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Actuarial Analyst20,029 SAR
Actuarial Assistant16,526 SAR
Actuary19,496 SAR
Adjustment Insurance Clerk11,719 SAR
Assistant Broker15,394 SAR
Assistant Claims Manager18,059 SAR
Associate Insurance Representative12,915 SAR
Auditing Insurance Manager24,780 SAR
Broker16,709 SAR
Claim Advocacy Professional17,248 SAR
Claims Adjuster12,178 SAR
Claims Analyst12,622 SAR
Claims Examiner13,510 SAR
Claims Manager19,906 SAR
Claims Processor12,881 SAR
Claims Representative12,506 SAR
Claims Resolution Specialist19,479 SAR
Claims Supervisor16,624 SAR
Complaints Specialist16,013 SAR
Compliance Officer14,149 SAR
Consultant17,655 SAR
Eligibility Specialist17,718 SAR
Insurance Account Manager18,965 SAR
Insurance Accounts Executive17,984 SAR
Insurance Agent14,686 SAR
Insurance Analyst16,448 SAR
Insurance Appraiser18,258 SAR
Insurance Claims Clerk12,248 SAR
Insurance Examiner15,123 SAR
Insurance Investigator16,362 SAR
Insurance Manager22,456 SAR
Insurance Operations Manager22,707 SAR
Insurance Policy Processing Clerk11,876 SAR
Insurance Pricing Assistant14,845 SAR
Insurance Program Manager20,271 SAR
Insurance Project Manager20,303 SAR
Insurance Quality Assurance Agent15,136 SAR
Insurance Sales Agent13,591 SAR
Insurance Sales Director21,312 SAR
Insurance Team Leader18,045 SAR
Insurance Underwriter14,266 SAR
Loss Control Specialist17,565 SAR
Loss Prevention Investigator18,032 SAR
Loss Prevention Manager19,597 SAR
Loss Prevention Specialist18,499 SAR
Marine Underwriter16,207 SAR
Medical Auditor17,351 SAR
Monitoring and Performance Officer14,756 SAR
Payment Services Specialist17,388 SAR
Policy Change Director22,138 SAR
Policy Change Supervisor18,152 SAR
Policy Change Technician14,275 SAR
Risk Analyst19,362 SAR
Risk Management Director24,303 SAR
Risk Management Supervisor20,061 SAR
Risk Manager22,673 SAR
Risk Modeling Manager23,637 SAR
Title Insurance Typist14,486 SAR
Training Manager19,029 SAR

Insurance Jobs Salary Distribution in Jeddah

Median and salary distribution monthly Jeddah Insurance

Abount These Figures: Salary Range, Median and Percentiles

The Insurance salaries in Jeddah range between 11,615 SAR per month (minimum salary) to 25,811 SAR per month (maximum salary).

The median salary is 18,106 SAR per month, which means that half (50%) of people working in Insurance are earning less than 18,106 SAR while the other half are earning more than 18,106 SAR. 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.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Insurance are earning less than 13,374 SAR while 75% of them are earning more than 13,374 SAR. Also from the diagram, 75% of people working in Insurance are earning less than 23,715 SAR while 25% are earning more than 23,715 SAR.

What is the difference between the median and the average salary? What should you be looking at?

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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Insurance Salary Forecast and Trend in Jeddah

How do Insurance salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Jeddah Insurance
Average Salary 2016    =  
15,612 SAR
Average Salary 2017    +4%  
16,190 SAR
Average Salary 2018    +4%  
16,789 SAR
Average Salary 2019    +4%  
17,410 SAR
Percentage increase and decrease are relative to the previous value
Insurance salaries in Jeddah are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Insurance Hourly Average Wage in Jeddah

100 SAR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Jeddah for Insurance is 100 SAR. This means that the average person in Jeddah earns approximatly 100 SAR for every worked hour.

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

The hourly wage is the salary paid in one working 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Insurance VS Other Jobs

Salary Comparison Between Insurance and Insurance monthly JeddahWe compared Jeddah salaries for Insurance and All Jobs and we found that Insurance salaries are 0% less than those of All Jobs.

Jeddah VS Saudi Arabia

Salary Comparison Between Jeddah and Saudi Arabia monthly InsuranceWe compared Insurance salaries in Jeddah and Saudi Arabia and we found that Jeddah salaries are 4% more than those of Saudi Arabia.

Salary Comparison By City

CityAverage Salary
Abha15,908 SAR
Dammam16,492 SAR
Jeddah17,410 SAR
Khubar16,265 SAR
Mecca17,105 SAR
Medina16,799 SAR
Riyadh17,715 SAR
Tabuk15,244 SAR
Taif15,537 SAR
20829 - 14
Home|Privacy Policy|Salary Comparison |Arabic

©Salary Explorer 2018