Home > Salary > Denmark > 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: 1,121,322 DKK
Estimated Monthly Salary: 93,444 DKK
Estimated Weekly Salary: 21,564 DKK per week
Estimated Hourly Salary: 539 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 90,294 DKK
Estimated Weekly Salary: 20,837 DKK per week
Estimated Hourly Salary: 521 DKK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 159,699 USD
Estimated Monthly Salary: 13,308 USD
Estimated Weekly Salary: 3,071 USD per week
Estimated Hourly Salary: 77 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: 1,121,322 DKK
Estimated Monthly Salary: 93,444 DKK
Estimated Weekly Salary: 21,564 DKK per week
Estimated Hourly Salary: 539 DKK per hour
By working as Insurance Director a person can save up to 10,380 USD per month or 124,563 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 Denmark, see costs of living in Denmark.
Estimated Yearly Salary for Insurance Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Stewarding supervisor (272,045 DKK per year, pre-tax.)
Operations research manager (690,543 DKK per year, pre-tax.)
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Insurance Director salary in Denmark
Average Yearly Salary of Insurance Director in Denmark is approximately 1,121,322 DKK (159,699 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: 1,121,322 DKK
Estimated Monthly Salary: 93,444 DKK
Estimated Weekly Salary: 21,564 DKK per week
Estimated Hourly Salary: 539 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,083,523 DKKEstimated Monthly Salary: 90,294 DKK
Estimated Weekly Salary: 20,837 DKK per week
Estimated Hourly Salary: 521 DKK 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: 159,699 USD
Estimated Monthly Salary: 13,308 USD
Estimated Weekly Salary: 3,071 USD per week
Estimated Hourly Salary: 77 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
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Denmark.
Comparison shows that a person working as Insurance Director in Denmark earns on average:
2.27 times the average salary (or 227% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Denmark.
Comparison shows that a person working as Insurance Director in Denmark earns on average:
2.27 times the average salary (or 227% 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 1,233,454 DKK and 1,625,917 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Director in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 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: 1,121,322 DKK
Estimated Monthly Salary: 93,444 DKK
Estimated Weekly Salary: 21,564 DKK per week
Estimated Hourly Salary: 539 DKK per hour
By working as Insurance Director a person can save up to 10,380 USD per month or 124,563 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 Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. 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
Sweden is 138,113 USD
Norway is 208,577 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 Denmark
(5,348,299 DKK per year, pre-tax.)
2. Cardiologist
(4,444,802 DKK per year, pre-tax.)
(4,309,239 DKK per year, pre-tax.)
4. Neurosurgeon
(4,154,976 DKK per year, pre-tax.)
(4,151,728 DKK per year, pre-tax.)
(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
(4,073,743 DKK per year, pre-tax.)
9. Urologist
(4,068,231 DKK per year, pre-tax.)
10. Dermatologist
(4,060,246 DKK per year, pre-tax.)
Data as of 2025Random salary:
Stewarding supervisor (272,045 DKK per year, pre-tax.)
Operations research manager (690,543 DKK per year, pre-tax.)
Medical abstractorauditor (288,455 DKK per year, pre-tax.)
Staff accountant (460,003 DKK per year, pre-tax.)
Rehabilitation services manager (835,920 DKK per year, pre-tax.)
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