A person working as Insurance Appraiser in Copenhagen typically earns around 45,400 DKK. Salaries range from 20,900 DKK (lowest) to 72,300 DKK (highest).
This is the average salary including housing, transport, and other benefits. Insurance Appraiser salaries in Copenhagen vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 20,900 DKK |
Median 43,400 DKK |
Maximum 72,300 DKK |
Salaries for the position Insurance Appraiser in Copenhagen range from 20,900 DKK (starting salary) to 72,300 DKK (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 43,400 DKK, half of the professionals who work as Insurance Appraiser in Copenhagen 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 Appraiser in Copenhagen earn less than 35,000 DKK, while 75% earn more. Similarly, the chart shows that 75% earn less than 50,000 DKK 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 Appraiser in Copenhagen compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 26,000 DKK to 37,800 DKK. About 20% of salaries are below the 26,000 DKK mark, while 10% fall within the range of 37,800 DKK to 43,100 DKK. Only 5% of individuals have salaries exceeding 43,100 DKK.
0 - 2 Years | 23,700 DKK | |
2 - 5 Years | +34% | 31,700 DKK |
5 - 10 Years | +48% | 46,800 DKK |
10 - 15 Years | +22% | 57,100 DKK |
15 - 20 Years | +9% | 62,200 DKK |
20+ Years | +8% | 67,400 DKK |
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.
Employees with less than two years of experience earn approximately 23,700 DKK.
While someone with an experience level between two and five years is expected to earn 31,700 DKK, 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 46,800 DKK, 48% 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 57,100 DKK, 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 62,200 DKK, 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 67,400 DKK, 8% more than people with fifteen to twenty years of experience.
Certificate or Diploma | 27,600 DKK | |
Bachelor's Degree | +93% | 53,300 DKK |
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.
Employees at this education level have an average salary of 27,600 DKK.
At this level, the average salary becomes 53,300 DKK, 93% more than the previous level.
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 Denmark, the average difference between the salary of male and female employees is 4%.
Male | 41,000 DKK | |
Female | -4% | 39,300 DKK |
Individuals working as Insurance Appraiser in Denmark are likely to observe a salary increase of approximately % every 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.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
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 Appraiser in Copenhagen is 120 DKK. 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 | 58,200 DKK | +28% |
Actuarial Assistant | 42,200 DKK | -7% |
Actuarial Specialist | 44,000 DKK | -3% |
Actuary | 59,400 DKK | +31% |
Adjustment Insurance Clerk | 15,700 DKK | -65% |
Assistant Broker | 28,100 DKK | -38% |
Assistant Claims Manager | 49,300 DKK | +8% |
Associate Insurance Representative | 22,400 DKK | -51% |
Auditing Insurance Manager | 64,700 DKK | +42% |
Blockchain Insurance Auditor | 41,700 DKK | -8% |
Broker | 42,300 DKK | -7% |
Claim Advocacy Professional | 43,700 DKK | -4% |
Claims Adjuster | 16,700 DKK | -63% |
Claims Analyst | 24,000 DKK | -47% |
Claims Examiner | 22,400 DKK | -51% |
Claims Manager | 62,700 DKK | +38% |
Claims Processor | 17,000 DKK | -63% |
Claims Representative | 18,800 DKK | -59% |
Claims Resolution Specialist | 48,300 DKK | +6% |
Claims Supervisor | 42,200 DKK | -7% |
Complaints Specialist | 39,100 DKK | -14% |
Compliance Examiner | 40,100 DKK | -12% |
Compliance Officer | 37,200 DKK | -18% |
Compliance Reviewer | 40,800 DKK | -10% |
Consultant | 42,200 DKK | -7% |
Drone Claims Adjuster | 20,400 DKK | -55% |
Eligibility Interviewer | 45,900 DKK | +1% |
Eligibility Specialist | 44,100 DKK | -3% |
Insurance Account Manager | 56,600 DKK | +25% |
Insurance Accounts Executive | 48,300 DKK | +6% |
Insurance Adjuster | 42,100 DKK | -7% |
Insurance Agent | 26,400 DKK | -42% |
Insurance Analyst | 44,300 DKK | -3% |
Insurance Appraiser | 45,400 DKK | -0% |
Insurance Claims Clerk | 15,700 DKK | -65% |
Insurance Compliance Officer | 49,700 DKK | +9% |
Insurance Data Scientist | 41,700 DKK | -8% |
Insurance Examiner | 39,900 DKK | -12% |
Insurance Fraud Investigator | 35,100 DKK | -23% |
Insurance Investigator | 42,200 DKK | -7% |
Insurance Manager | 75,200 DKK | +65% |
Insurance Operations Manager | 78,200 DKK | +72% |
Insurance Policy Processing Clerk | 17,200 DKK | -62% |
Insurance Pricing Assistant | 36,400 DKK | -20% |
Insurance Product Manager | 51,100 DKK | +12% |
Insurance Program Manager | 60,400 DKK | +33% |
Insurance Project Manager | 53,900 DKK | +19% |
Insurance Quality Assurance Agent | 38,300 DKK | -16% |
Insurance Sales Agent | 25,600 DKK | -44% |
Insurance Sales Director | 73,300 DKK | +61% |
Insurance Sales Manager | 58,900 DKK | +30% |
Insurance Sales Representative | 23,100 DKK | -49% |
Insurance Team Leader | 46,300 DKK | +2% |
Insurance Underwriter | 32,300 DKK | -29% |
Insurtech Analyst | 41,300 DKK | -9% |
Loss Control Specialist | 42,500 DKK | -6% |
Loss Prevention Investigator | 47,100 DKK | +4% |
Loss Prevention Manager | 61,400 DKK | +35% |
Loss Prevention Specialist | 46,400 DKK | +2% |
Marine Underwriter | 31,700 DKK | -30% |
Medical Auditor | 44,400 DKK | -2% |
Monitoring and Performance Officer | 31,400 DKK | -31% |
Parametric Insurance Specialist | 45,500 DKK | +0% |
Payment Services Specialist | 45,400 DKK | -0% |
Peer-to-Peer Insurance Manager | 55,600 DKK | +22% |
Policy Change Director | 65,800 DKK | +45% |
Policy Change Supervisor | 46,900 DKK | +3% |
Policy Change Technician | 21,700 DKK | -52% |
Risk Analyst | 48,000 DKK | +6% |
Risk Management Director | 85,800 DKK | +89% |
Risk Management Supervisor | 57,100 DKK | +26% |
Risk Manager | 79,200 DKK | +74% |
Risk Modeling Manager | 81,700 DKK | +80% |
Social Media Risk Analyst | 45,700 DKK | +1% |
Title Insurance Typist | 36,400 DKK | -20% |
Training Manager | 49,000 DKK | +8% |
Underwriting Assistant | 21,500 DKK | -53% |
City | Average Salary |
Copenhagen | 45,400 DKK |
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 Denmark is 6% on average across all career fields.
Private Sector | 39,700 DKK | |
Public Sector | +6% | 42,000 DKK |
A good and competitive compensation would range anywhere between 43,400 DKK and 50,000 DKK. 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 Appraiser in Copenhagen ranges from 20,900 DKK to 35,000 DKK. 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
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