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Insurance Appraiser Average Salary in Croatia 2020

How much money does an Insurance Appraiser make in Croatia?


Average Monthly Salary
14,800 HRK
( 177,000 HRK yearly)

LOW
6,800
HRK
AVERAGE
14,800
HRK
HIGH
23,500
HRK

A person working as an Insurance Appraiser in Croatia typically earns around 14,800 HRK per month. Salaries range from 6,800 HRK (lowest) to 23,500 HRK (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 Croatia

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

  • Salary Range

    Insurance Appraiser salaries in Croatia range from 6,800 HRK per month (minimum salary) to 23,500 HRK per month (maximum salary).

  • Median Salary

    The median salary is 16,000 HRK per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 16,000 HRK while the other half are earning more than 16,000 HRK. 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 10,300 HRK while 75% of them are earning more than 10,300 HRK. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 21,300 HRK while 25% are earning more than 21,300 HRK.


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 Croatia 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 7,720 HRK per month.

While someone with an experience level between two and five years is expected to earn 10,300 HRK per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 15,200 HRK per month, 48% 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 18,600 HRK per month, 22% 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 20,300 HRK per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 21,900 HRK per month, 8% more than people with fifteen to twenty years of experience.


Insurance Appraiser average salary change by experience in Croatia

0 - 2 Years
7,720 HRK
2 - 5 Years+34%
10,300 HRK
5 - 10 Years+48%
15,200 HRK
10 - 15 Years+22%
18,600 HRK
15 - 20 Years+9%
20,300 HRK
20+ Years+8%
21,900 HRK
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 Croatia 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 8,980 HRK per month.

While someone with a Bachelor's Degree gets a salary of 17,300 HRK per month, 93% more than someone having a Certificate or Diploma degree.


Insurance Appraiser average salary difference by education level in Croatia

Certificate or Diploma
8,980 HRK
Bachelor's Degree+93%
17,300 HRK
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 Croatia 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 Croatia earn 8% more than their female counterparts on average.

Male
15,300 HRK
Female-7%
14,200 HRK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Croatia for all Careers

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

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

Insurance Appraiser

Insurance Appraiser(s) in Croatia are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Croatia 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.

Croatia / 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 Croatia is 6%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Croatia 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 Croatia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Croatia 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.

67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% 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
33%
No Bonus
67%

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 Croatia


85 HRK per hour

The average hourly wage (pay per hour) in Croatia is 85 HRK. This means that the average Insurance Appraiser in Croatia earns approximately 85 HRK 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 Croatia
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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 Analyst20,700 HRK+40%
Actuarial Assistant13,900 HRK-6%
Actuary20,200 HRK+37%
Adjustment Insurance Clerk5,450 HRK-63%
Assistant Broker9,160 HRK-38%
Assistant Claims Manager16,200 HRK+10%
Associate Insurance Representative7,440 HRK-50%
Auditing Insurance Manager23,000 HRK+55%
Broker14,700 HRK-1%
Claim Advocacy Professional14,300 HRK-3%
Claims Adjuster5,490 HRK-63%
Claims Analyst7,330 HRK-50%
Claims Examiner7,750 HRK-48%
Claims Manager20,100 HRK+36%
Claims Processor5,580 HRK-62%
Claims Representative6,800 HRK-54%
Claims Resolution Specialist16,200 HRK+10%
Claims Supervisor14,200 HRK-4%
Complaints Specialist13,900 HRK-6%
Compliance Officer11,300 HRK-24%
Consultant14,800 HRK+0%
Eligibility Specialist15,200 HRK+3%
Insurance Account Manager18,400 HRK+24%
Insurance Accounts Executive15,900 HRK+7%
Insurance Agent8,980 HRK-39%
Insurance Analyst14,100 HRK-5%
Insurance Appraiser14,800 HRK+0%
Insurance Claims Clerk5,230 HRK-65%
Insurance Examiner13,600 HRK-8%
Insurance Investigator13,300 HRK-10%
Insurance Manager25,100 HRK+70%
Insurance Operations Manager24,100 HRK+63%
Insurance Policy Processing Clerk5,570 HRK-62%
Insurance Pricing Assistant11,600 HRK-22%
Insurance Program Manager18,800 HRK+27%
Insurance Project Manager18,800 HRK+27%
Insurance Quality Assurance Agent12,200 HRK-18%
Insurance Sales Agent8,500 HRK-43%
Insurance Sales Director24,200 HRK+64%
Insurance Team Leader15,600 HRK+5%
Insurance Underwriter10,600 HRK-28%
Loss Control Specialist14,900 HRK+1%
Loss Prevention Investigator15,300 HRK+3%
Loss Prevention Manager20,500 HRK+39%
Loss Prevention Specialist15,800 HRK+7%
Marine Underwriter10,600 HRK-28%
Medical Auditor14,800 HRK+0%
Monitoring and Performance Officer10,500 HRK-29%
Payment Services Specialist14,800 HRK+0%
Policy Change Director23,800 HRK+61%
Policy Change Supervisor15,700 HRK+6%
Policy Change Technician7,420 HRK-50%
Risk Analyst17,300 HRK+17%
Risk Management Director28,600 HRK+93%
Risk Management Supervisor17,600 HRK+19%
Risk Manager27,700 HRK+87%
Risk Modeling Manager26,500 HRK+79%
Title Insurance Typist12,800 HRK-13%
Training Manager16,000 HRK+8%

Salary Comparison By City

CityAverage Salary
Zadar15,000 HRK
Zagreb16,100 HRK

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 Croatia earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
14,200 HRK
Public Sector+10%
15,500 HRK
Percentage increase and decrease are relative to the previous value

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