Home > Salary > Ecuador > Insurance Producer
An insurance producer is a professional who helps individuals and businesses find suitable insurance policies to protect their assets, property, and health. They work for insurance agencies or brokerage firms and act as intermediaries between clients and insurance companies. Insurance producers assess the needs and risks of clients, analyze various insurance options, and recommend appropriate coverage plans. They also assist in completing paperwork, submitting claims, and providing ongoing customer service.
Estimated Yearly Salary: 134,575,129 ECS
Estimated Monthly Salary: 11,214,594 ECS
Estimated Weekly Salary: 2,587,983 ECS per week
Estimated Hourly Salary: 64,700 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,856,064 ECS
Estimated Weekly Salary: 2,505,246 ECS per week
Estimated Hourly Salary: 62,631 ECS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 4,770 USD
Estimated Monthly Salary: 398 USD
Estimated Weekly Salary: 92 USD per week
Estimated Hourly Salary: 2 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: 134,575,129 ECS
Estimated Monthly Salary: 11,214,594 ECS
Estimated Weekly Salary: 2,587,983 ECS per week
Estimated Hourly Salary: 64,700 ECS per hour
By working as Insurance Producer a person can save up to 145 USD per month or 1,741 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Insurance Producer
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Producer salary in Ecuador
Average Yearly Salary of Insurance Producer in Ecuador is approximately 134,575,129 ECS (4,770 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 Producer do?
An insurance producer is a professional who helps individuals and businesses find suitable insurance policies to protect their assets, property, and health. They work for insurance agencies or brokerage firms and act as intermediaries between clients and insurance companies. Insurance producers assess the needs and risks of clients, analyze various insurance options, and recommend appropriate coverage plans. They also assist in completing paperwork, submitting claims, and providing ongoing customer service.
Skills: insurance producer, insurance agent, insurance broker, risk management, insurance policies, customer service.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Producer make?
Salary details
How much does Insurance Producer make?Estimated Yearly Salary: 134,575,129 ECS
Estimated Monthly Salary: 11,214,594 ECS
Estimated Weekly Salary: 2,587,983 ECS per week
Estimated Hourly Salary: 64,700 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 130,272,768 ECSEstimated Monthly Salary: 10,856,064 ECS
Estimated Weekly Salary: 2,505,246 ECS per week
Estimated Hourly Salary: 62,631 ECS per hour
Last revision of data: 2024-01-06Insurance Producer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,770 USD
Estimated Monthly Salary: 398 USD
Estimated Weekly Salary: 92 USD per week
Estimated Hourly Salary: 2 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
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Producer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Producer in Ecuador earns on average:
0.82 times the average salary (or 82% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Producer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Insurance Producer in Ecuador earns on average:
0.82 times the average salary (or 82% of average salary).
Is Insurance Producer a well paid job?
Yes, our data show that Insurance Producer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Insurance Producer?
High salary for Insurance Producer would be somewhere between 148,032,642 ECS and 195,133,937 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Producer in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 134,575,129 ECS
Estimated Monthly Salary: 11,214,594 ECS
Estimated Weekly Salary: 2,587,983 ECS per week
Estimated Hourly Salary: 64,700 ECS per hour
By working as Insurance Producer a person can save up to 145 USD per month or 1,741 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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 Producer
Colombia is 4,905 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Cad technician ii (94,929,420 ECS per year, pre-tax.)
Chiropractor assistant (72,001,112 ECS per year, pre-tax.)
Business integration analyst (227,493,427 ECS per year, pre-tax.)
Chemical process operator (191,869,711 ECS per year, pre-tax.)
Interior decorator (125,819,453 ECS per year, pre-tax.)
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