Home > Salary > Austria > Insurance Director
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Estimated Yearly Salary: 122,827 EUR
Estimated Monthly Salary: 10,236 EUR
Estimated Weekly Salary: 2,362 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,893 EUR
Estimated Weekly Salary: 2,283 EUR per week
Estimated Hourly Salary: 57 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 122,398 USD
Estimated Monthly Salary: 10,200 USD
Estimated Weekly Salary: 2,354 USD per week
Estimated Hourly Salary: 59 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 122,827 EUR
Estimated Monthly Salary: 10,236 EUR
Estimated Weekly Salary: 2,362 EUR per week
Estimated Hourly Salary: 59 EUR per hour
By working as Insurance Director a person can save up to 7,954 USD per month or 95,451 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Estimated Yearly Salary for Insurance Director
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Director salary in Austria
Average Yearly Salary of Insurance Director in Austria is approximately 122,827 EUR (122,398 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Insurance Director do?
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Skills: Insurance director, Executive role, Strategic planning, Risk management, Profitability, Leadership
Job industry: Insurance
Job industry: Insurance
How much does Insurance Director make?
Salary details
How much does Insurance Director make?Estimated Yearly Salary: 122,827 EUR
Estimated Monthly Salary: 10,236 EUR
Estimated Weekly Salary: 2,362 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 118,714 EUREstimated Monthly Salary: 9,893 EUR
Estimated Weekly Salary: 2,283 EUR per week
Estimated Hourly Salary: 57 EUR per hour
Last revision of data: 2024-01-03Insurance Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 122,398 USD
Estimated Monthly Salary: 10,200 USD
Estimated Weekly Salary: 2,354 USD per week
Estimated Hourly Salary: 59 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Austria, officially known as the Republic of Austria, is a landlocked country located in Central Europe. It shares its borders with eight other countries, including Germany, Czech Republic, and Italy. With a population of approximately 8.9 million people, Austria is considered a relatively small country in terms of population. The country covers an area of around 83,879 square kilometers, making it moderately sized.
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Austria.
Comparison shows that a person working as Insurance Director in Austria earns on average:
2.3 times the average salary (or 230% of average salary).
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Austria.
Comparison shows that a person working as Insurance Director in Austria earns on average:
2.3 times the average salary (or 230% of average salary).
Is Insurance Director a well paid job?
Yes, our data show that Insurance Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Director?
High salary for Insurance Director would be somewhere between 135,110 EUR and 178,099 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Director in Austria?
Living in Austria the approximate monthly expenses are: 2,246 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 122,827 EUR
Estimated Monthly Salary: 10,236 EUR
Estimated Weekly Salary: 2,362 EUR per week
Estimated Hourly Salary: 59 EUR per hour
By working as Insurance Director a person can save up to 7,954 USD per month or 95,451 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, Liechtenstein. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Director
Germany is 116,744 USD
Czech Republic is 58,015 USD
Slovakia is 48,265 USD
Hungary is 41,498 USD
Slovenia is 66,871 USD
Italy is 82,376 USD
Switzerland is 195,129 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Austria
(586,194 EUR per year, pre-tax.)
2. Cardiologist
(487,911 EUR per year, pre-tax.)
(469,897 EUR per year, pre-tax.)
4. Neurosurgeon
(456,339 EUR per year, pre-tax.)
(455,242 EUR per year, pre-tax.)
(446,800 EUR per year, pre-tax.)
7. Urologist
(446,584 EUR per year, pre-tax.)
(446,282 EUR per year, pre-tax.)
9. Oncologist
(445,114 EUR per year, pre-tax.)
(444,714 EUR per year, pre-tax.)
Data as of 2025Random salary:
Director of communications (92,401 EUR per year, pre-tax.)
Atm service representative (39,241 EUR per year, pre-tax.)
Lead maintenance supervisor public works (37,740 EUR per year, pre-tax.)
Cnc router operator (29,786 EUR per year, pre-tax.)
Ironworker (48,584 EUR per year, pre-tax.)
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