Home > Salary > Bolivia > Branch Manager Insurance Office
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Estimated Yearly Salary: 4,154 BOB
Estimated Monthly Salary: 346 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 335 BOB
Estimated Weekly Salary: 77 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-06
Estimated Yearly Salary: 751 USD
Estimated Monthly Salary: 63 USD
Estimated Weekly Salary: 14 USD per week
Estimated Hourly Salary: 0 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: 4,154 BOB
Estimated Monthly Salary: 346 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Branch Manager Insurance Office you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Branch Manager Insurance Office
Last revision of data: 2025-01-04
Data as of 2025
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Branch Manager Insurance Office salary in Bolivia
Average Yearly Salary of Branch Manager Insurance Office in Bolivia is approximately 4,154 BOB (751 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 Branch Manager Insurance Office do?
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Skills: Branch Manager, Insurance Office, Sales Management, Team Leadership, Customer Service, Relationship Management
Job industry: Insurance
Job industry: Insurance
How much does Branch Manager Insurance Office make?
Salary details
How much does Branch Manager Insurance Office make?Estimated Yearly Salary: 4,154 BOB
Estimated Monthly Salary: 346 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,024 BOBEstimated Monthly Salary: 335 BOB
Estimated Weekly Salary: 77 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-06Branch Manager Insurance Office estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 751 USD
Estimated Monthly Salary: 63 USD
Estimated Weekly Salary: 14 USD per week
Estimated Hourly Salary: 0 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
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Bolivia.
Comparison shows that a person working as Branch Manager Insurance Office in Bolivia earns on average:
7.3 times the average salary (or 730% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Bolivia.
Comparison shows that a person working as Branch Manager Insurance Office in Bolivia earns on average:
7.3 times the average salary (or 730% of average salary).
Is Branch Manager Insurance Office a well paid job?
Yes, our data shows that Branch Manager Insurance Office is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Branch Manager Insurance Office?
High salary for Branch Manager Insurance Office would be somewhere between 4,569 BOB and 6,023 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Branch Manager Insurance Office in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 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: 4,154 BOB
Estimated Monthly Salary: 346 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Branch Manager Insurance Office you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Branch Manager Insurance Office
Brazil is 9,804 USD
Argentina is 13,981 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 Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Data as of 2025Random salary:
Helper--pipelayer plumber pipefitter or steamfitter (1,988 BOB per year, pre-tax.)
Web associate (3,397 BOB per year, pre-tax.)
Crime laboratory analyst (3,077 BOB per year, pre-tax.)
State tested nursing assistant (stna) (1,767 BOB per year, pre-tax.)
Machine operator (2,181 BOB per year, pre-tax.)
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