Home > Salary > Ethiopia > 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: 86,861 ETB
Estimated Monthly Salary: 7,238 ETB
Estimated Weekly Salary: 1,670 ETB per week
Estimated Hourly Salary: 42 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,010 ETB
Estimated Weekly Salary: 1,618 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 1,456 USD
Estimated Monthly Salary: 121 USD
Estimated Weekly Salary: 28 USD per week
Estimated Hourly Salary: 1 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: 86,861 ETB
Estimated Monthly Salary: 7,238 ETB
Estimated Weekly Salary: 1,670 ETB per week
Estimated Hourly Salary: 42 ETB per hour
By working as Insurance Producer a person can save up to 45 USD per month or 534 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Insurance Producer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
General manager of operations (165,167 ETB per year, pre-tax.)
Tax accounting manager (152,563 ETB per year, pre-tax.)
Director of revenue management (220,887 ETB per year, pre-tax.)
Apprentice electrician (75,327 ETB per year, pre-tax.)
Construction laborer (53,941 ETB per year, pre-tax.)
Insurance Producer salary in Ethiopia
Average Yearly Salary of Insurance Producer in Ethiopia is approximately 86,861 ETB (1,456 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: 86,861 ETB
Estimated Monthly Salary: 7,238 ETB
Estimated Weekly Salary: 1,670 ETB per week
Estimated Hourly Salary: 42 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 84,120 ETBEstimated Monthly Salary: 7,010 ETB
Estimated Weekly Salary: 1,618 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-03Insurance Producer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,456 USD
Estimated Monthly Salary: 121 USD
Estimated Weekly Salary: 28 USD per week
Estimated Hourly Salary: 1 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
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Producer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Insurance Producer in Ethiopia earns on average:
0.83 times the average salary (or 83% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Producer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Insurance Producer in Ethiopia earns on average:
0.83 times the average salary (or 83% 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 95,547 ETB and 125,948 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Producer in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 86,861 ETB
Estimated Monthly Salary: 7,238 ETB
Estimated Weekly Salary: 1,670 ETB per week
Estimated Hourly Salary: 42 ETB per hour
By working as Insurance Producer a person can save up to 45 USD per month or 534 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 575 USD
Kenya is 4,539 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
General manager of operations (165,167 ETB per year, pre-tax.)
Tax accounting manager (152,563 ETB per year, pre-tax.)
Director of revenue management (220,887 ETB per year, pre-tax.)
Apprentice electrician (75,327 ETB per year, pre-tax.)
Construction laborer (53,941 ETB per year, pre-tax.)
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