A person working as Insurance Investigator in China typically earns around 28,800 CNY. Salaries range from 14,700 CNY (lowest) to 44,400 CNY (highest).
This is the average salary including housing, transport, and other benefits. Insurance Investigator salaries in China vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 14,700 CNY |
Median 26,400 CNY |
Maximum 44,400 CNY |
Salaries for the position Insurance Investigator in China range from 14,700 CNY (starting salary) to 44,400 CNY (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.
With a median salary of 26,400 CNY, half of the professionals who work as Insurance Investigator in China 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.
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 Investigator in China earn less than 21,800 CNY, while 75% earn more. Similarly, the chart shows that 75% earn less than 30,100 CNY while 25% earn more.
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 Investigator in China compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,900 CNY to 23,400 CNY. About 20% of salaries are below the 16,900 CNY mark, while 10% fall within the range of 23,400 CNY to 26,300 CNY. Only 5% of individuals have salaries exceeding 26,300 CNY.
0 - 2 Years | 16,500 CNY | |
2 - 5 Years | +31% | 21,500 CNY |
5 - 10 Years | +40% | 30,100 CNY |
10 - 15 Years | +20% | 36,200 CNY |
15 - 20 Years | +9% | 39,300 CNY |
20+ Years | +8% | 42,500 CNY |
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 Investigator and this is what we found.
Employees with less than two years of experience earn approximately 16,500 CNY.
While someone with an experience level between two and five years is expected to earn 21,500 CNY, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 30,100 CNY, 40% 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 36,200 CNY, 20% 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 39,300 CNY, 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 42,500 CNY, 8% more than people with fifteen to twenty years of experience.
Bachelor's Degree | 20,300 CNY | |
Master's Degree | +77% | 36,100 CNY |
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 Investigator in order to make a comparison.
Employees at this education level have an average salary of 20,300 CNY.
At this level, the average salary becomes 36,100 CNY, 77% more than the previous level.
A Master's degree program or any post-graduate program in China costs anywhere from 147,000 CNY to 441,000 CNY and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
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 Investigator in China, the average difference between the salary of male and female employees is 11%.
Male | 30,500 CNY | |
Female | -10% | 27,300 CNY |
Individuals working as Insurance Investigator in China are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
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.
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
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.
70% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 30% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
Received Bonus | 30% | |
No Bonus | 70% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
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.
The main two types of jobs | |
Revenue Generators | Supporting 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: | Example: |
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.
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.
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.
The minimum pay rate per hour for people working as Insurance Investigator in China is 85 CNY. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Insurance | -100% | |
Actuarial Analyst | 40,800 CNY | +42% |
Actuarial Assistant | 27,200 CNY | -6% |
Actuarial Specialist | 28,800 CNY | -0% |
Actuary | 38,300 CNY | +33% |
Adjustment Insurance Clerk | 10,900 CNY | -62% |
Assistant Broker | 19,200 CNY | -33% |
Assistant Claims Manager | 30,300 CNY | +5% |
Associate Insurance Representative | 15,700 CNY | -46% |
Auditing Insurance Manager | 45,300 CNY | +57% |
Blockchain Insurance Auditor | 26,300 CNY | -9% |
Broker | 29,300 CNY | +2% |
Claim Advocacy Professional | 28,200 CNY | -2% |
Claims Adjuster | 10,700 CNY | -63% |
Claims Analyst | 15,700 CNY | -46% |
Claims Examiner | 14,800 CNY | -49% |
Claims Manager | 42,100 CNY | +46% |
Claims Processor | 10,500 CNY | -64% |
Claims Representative | 13,600 CNY | -53% |
Claims Resolution Specialist | 31,700 CNY | +10% |
Claims Supervisor | 29,200 CNY | +1% |
Complaints Specialist | 25,900 CNY | -10% |
Compliance Examiner | 28,800 CNY | -0% |
Compliance Officer | 24,300 CNY | -16% |
Compliance Reviewer | 26,900 CNY | -7% |
Consultant | 30,300 CNY | +5% |
Drone Claims Adjuster | 12,800 CNY | -56% |
Eligibility Interviewer | 30,400 CNY | +5% |
Eligibility Specialist | 30,800 CNY | +7% |
Insurance Account Manager | 35,500 CNY | +23% |
Insurance Accounts Executive | 31,100 CNY | +8% |
Insurance Adjuster | 28,100 CNY | -3% |
Insurance Agent | 17,000 CNY | -41% |
Insurance Analyst | 28,500 CNY | -1% |
Insurance Appraiser | 29,800 CNY | +3% |
Insurance Claims Clerk | 10,400 CNY | -64% |
Insurance Compliance Officer | 32,700 CNY | +13% |
Insurance Data Scientist | 27,900 CNY | -3% |
Insurance Examiner | 26,900 CNY | -7% |
Insurance Fraud Investigator | 23,800 CNY | -17% |
Insurance Investigator | 28,800 CNY | -0% |
Insurance Manager | 50,000 CNY | +73% |
Insurance Operations Manager | 50,100 CNY | +74% |
Insurance Policy Processing Clerk | 10,800 CNY | -63% |
Insurance Pricing Assistant | 22,400 CNY | -22% |
Insurance Product Manager | 35,100 CNY | +22% |
Insurance Program Manager | 40,200 CNY | +39% |
Insurance Project Manager | 38,700 CNY | +34% |
Insurance Quality Assurance Agent | 25,700 CNY | -11% |
Insurance Sales Agent | 18,000 CNY | -38% |
Insurance Sales Director | 47,200 CNY | +64% |
Insurance Sales Manager | 39,400 CNY | +37% |
Insurance Sales Representative | 14,900 CNY | -48% |
Insurance Team Leader | 31,700 CNY | +10% |
Insurance Underwriter | 20,900 CNY | -27% |
Insurtech Analyst | 26,000 CNY | -10% |
Loss Control Specialist | 27,400 CNY | -5% |
Loss Prevention Investigator | 30,900 CNY | +7% |
Loss Prevention Manager | 40,800 CNY | +42% |
Loss Prevention Specialist | 31,200 CNY | +8% |
Marine Underwriter | 21,900 CNY | -24% |
Medical Auditor | 29,500 CNY | +2% |
Monitoring and Performance Officer | 19,800 CNY | -31% |
Parametric Insurance Specialist | 29,200 CNY | +1% |
Payment Services Specialist | 29,800 CNY | +3% |
Peer-to-Peer Insurance Manager | 35,600 CNY | +23% |
Policy Change Director | 47,400 CNY | +64% |
Policy Change Supervisor | 31,000 CNY | +8% |
Policy Change Technician | 14,500 CNY | -50% |
Risk Analyst | 33,100 CNY | +15% |
Risk Management Director | 54,200 CNY | +88% |
Risk Management Supervisor | 36,600 CNY | +27% |
Risk Manager | 56,900 CNY | +97% |
Risk Modeling Manager | 53,800 CNY | +87% |
Social Media Risk Analyst | 30,100 CNY | +4% |
Title Insurance Typist | 26,200 CNY | -9% |
Training Manager | 33,500 CNY | +16% |
Underwriting Assistant | 14,900 CNY | -48% |
City | Average Salary |
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 China is 6% on average across all career fields.
Private Sector | 28,600 CNY | |
Public Sector | +6% | 30,300 CNY |
A good and competitive compensation would range anywhere between 26,400 CNY and 30,100 CNY. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Insurance Investigator in China ranges from 14,700 CNY to 21,800 CNY. 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.
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