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Insurance

Salary for position Insurance Broker in Saudi Arabia

Gross monthly salary in Saudi Arabia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
62K - 201K SAR
10% earn less lthan 62K SAR
10% earns more than 201K SAR
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Salaries in the survey are expressed in gross.

Based on the Saudiarabia.paylab.com salary survey, 80% of people on the Insurance Broker position in the Saudi Arabia earn between 62,433 SAR and 200,950 SAR annually gross.

10% of employees earn less than 62,433 SAR and 10% of people earn more than 200,950 SAR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Insurance Broker typically do

  • Seeking out potential customers and providing customer care to existing clients.
  • Analysing needs and proposing individual insurance solutions according to customer requirements.
  • Providing advice and consultations concerning the insurance industry.
  • Concluding contracts with individual and corporate clients.
  • Responsibility for updating client database.
  • Participating in regular trainings and courses.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Insurance Broker in the labour market

In the salary ranking,
the job position takes

310. place

Women representation in position

n/a

Average age of respondent by position

n/a

659. place

Cleaner

General labour

Salary group 1

24,000 - 43,680 SAR

311. place

Lighting Technician

Arts & Culture

Salary group 2

89,592 - 164,328 SAR

310. place

Insurance Broker

Insurance

Salary group 2

62,433 - 200,950 SAR

309. place

Car salesman

Commerce

Salary group 2

50,580 - 219,720 SAR

1. place

Chief Executive Officer

Top Management

Salary group 3

263,520 - 1,228,152 SAR

Is this salary range too huge?

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Data for salary decisions
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Ideal for a one-time analysis of a specific job position.
What does a salary report contain?
  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Insurance Broker.

The total gross salary for the position Insurance Broker ranges between 1,166 SAR and 7,760 SAR per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Saudiarabia.paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Insurance Broker have a total gross salary of at least 16,746 SAR per month.

10% of the highest-earning employees in this position have a total gross salary higher than 16,746 SAR per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 5,203 SAR per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Insurance Broker earns 13,292 SAR per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Saudiarabia.paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Insurance Broker, we currently have less than 20 verified respondents collected.