Home > Salary > Indonesia > Insurance Contract Specialist
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Estimated Yearly Salary: 154,112,975 IDR
Estimated Monthly Salary: 12,842,748 IDR
Estimated Weekly Salary: 2,963,711 IDR per week
Estimated Hourly Salary: 74,093 IDR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,378,619 IDR
Estimated Weekly Salary: 2,856,604 IDR per week
Estimated Hourly Salary: 71,415 IDR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,292 USD
Estimated Monthly Salary: 774 USD
Estimated Weekly Salary: 179 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 154,112,975 IDR
Estimated Monthly Salary: 12,842,748 IDR
Estimated Weekly Salary: 2,963,711 IDR per week
Estimated Hourly Salary: 74,093 IDR per hour
By working as Insurance Contract Specialist a person can save up to 351 USD per month or 4,214 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 Indonesia, see costs of living in Indonesia.
Estimated Yearly Salary for Insurance Contract Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Talent payment coordinator (87,815,702 IDR per year, pre-tax.)
Embroiderer (83,792,036 IDR per year, pre-tax.)
Industrial-organizational psychologist (287,574,796 IDR per year, pre-tax.)
Medicare biller (110,595,000 IDR per year, pre-tax.)
Theoretical physicist (199,700,404 IDR per year, pre-tax.)
Insurance Contract Specialist salary in Indonesia
Average Yearly Salary of Insurance Contract Specialist in Indonesia is approximately 154,112,975 IDR (9,292 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 Contract Specialist do?
An insurance contract specialist is responsible for reviewing and analyzing insurance policies and contracts to ensure accuracy and compliance with regulatory requirements. They assess risk factors, terms, and conditions, and make recommendations for policy changes or enhancements. They also collaborate with underwriters and claims adjusters to resolve any discrepancies or issues that may arise during the policy lifecycle. Additionally, they provide guidance and support to clients regarding policy coverage, claims procedures, and policy renewals.
Skills: insurance, contract specialist, risk assessment, policy analysis, compliance, claims processing
Job industry: Insurance
Job industry: Insurance
How much does Insurance Contract Specialist make?
Salary details
How much does Insurance Contract Specialist make?Estimated Yearly Salary: 154,112,975 IDR
Estimated Monthly Salary: 12,842,748 IDR
Estimated Weekly Salary: 2,963,711 IDR per week
Estimated Hourly Salary: 74,093 IDR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 148,543,430 IDREstimated Monthly Salary: 12,378,619 IDR
Estimated Weekly Salary: 2,856,604 IDR per week
Estimated Hourly Salary: 71,415 IDR per hour
Last revision of data: 2024-01-03Insurance Contract Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,292 USD
Estimated Monthly Salary: 774 USD
Estimated Weekly Salary: 179 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Indonesia, located in Southeast Asia, is the world's largest archipelago consisting of more than 17,000 islands. With a population of over 270 million people, it is the fourth most populous country globally. The nation spans approximately 1.9 million square kilometers, making it the 14th largest country by land area.
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Indonesia.
Comparison shows that a person working as Insurance Contract Specialist in Indonesia earns on average:
0.96 times the average salary (or 96% of average salary).
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Contract Specialist job salary compared to average salary in Indonesia.
Comparison shows that a person working as Insurance Contract Specialist in Indonesia earns on average:
0.96 times the average salary (or 96% of average salary).
Is Insurance Contract Specialist a well paid job?
Yes, our data show that Insurance Contract Specialist 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 Contract Specialist?
High salary for Insurance Contract Specialist would be somewhere between 169,524,273 IDR and 223,463,814 IDR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Contract Specialist in Indonesia?
Living in Indonesia the approximate monthly expenses are: 423 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: 154,112,975 IDR
Estimated Monthly Salary: 12,842,748 IDR
Estimated Weekly Salary: 2,963,711 IDR per week
Estimated Hourly Salary: 74,093 IDR per hour
By working as Insurance Contract Specialist a person can save up to 351 USD per month or 4,214 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 Indonesia, see costs of living in Indonesia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Papua New Guinea, East Timor. 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 Contract Specialist
Malaysia is 15,630 USD
East Timor is 39,698 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 Indonesia
(1,825,698,192 IDR per year, pre-tax.)
2. Cardiologist
(1,516,604,457 IDR per year, pre-tax.)
(1,461,048,780 IDR per year, pre-tax.)
4. Neurosurgeon
(1,421,992,567 IDR per year, pre-tax.)
(1,415,761,811 IDR per year, pre-tax.)
(1,390,462,773 IDR per year, pre-tax.)
(1,387,366,201 IDR per year, pre-tax.)
(1,385,685,106 IDR per year, pre-tax.)
9. Oncologist
(1,385,109,120 IDR per year, pre-tax.)
10. Plastic surgeon
(1,383,933,123 IDR per year, pre-tax.)
Data as of 2025Random salary:
Talent payment coordinator (87,815,702 IDR per year, pre-tax.)
Embroiderer (83,792,036 IDR per year, pre-tax.)
Industrial-organizational psychologist (287,574,796 IDR per year, pre-tax.)
Medicare biller (110,595,000 IDR per year, pre-tax.)
Theoretical physicist (199,700,404 IDR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=indonesia&job=insurance-contract-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/insurance-contract-specialist-salary-in-indonesia-2025.jpg' alt='insurance contract specialist salary in indonesia 2025' title='insurance contract specialist salary in indonesia 2025' /></a>
Please note:The salary data presented here are intended for informational purposes solely.
The salary data presented here are meant for reference purposes solely. While we attempt to ensure correctness, we do not guarantee every estimate is precise. Users should to research salary details with official authorities before making important financial decisions. Salary ranges may change due to economic shifts, demand variations, and regional factors. We disclaim responsibility for inaccuracies in the compensation data displayed.
This website compiles salary information for educational use only. While we endeavor to deliver accurate estimates, we cannot ensure their full reliability. Users are strongly advised to consult other sources before making financial decisions. Salary figures vary based on several conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the validity of the provided information. Your access of this site indicates acceptance of this notice.