Home > Salary > Israel > Director Finance Insurance
The occupation of a Director of Finance in the insurance industry involves overseeing and managing all financial aspects of an insurance company. This includes developing and implementing financial strategies, monitoring financial performance, analyzing financial data, and providing recommendations to senior management. The Director of Finance is responsible for budgeting, forecasting, and financial reporting, as well as ensuring compliance with regulatory requirements and internal policies. They collaborate with other departments to assess risk and determine insurance pricing and profitability. Additionally, they may be involved in mergers and acquisitions, investment management, and strategic planning. This role requires strong analytical skills, attention to detail, and knowledge of insurance industry regulations and practices.
Estimated Yearly Salary: 425,707 ILS
Estimated Monthly Salary: 35,476 ILS
Estimated Weekly Salary: 8,187 ILS per week
Estimated Hourly Salary: 205 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 34,153 ILS
Estimated Weekly Salary: 7,881 ILS per week
Estimated Hourly Salary: 197 ILS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 105,980 USD
Estimated Monthly Salary: 8,832 USD
Estimated Weekly Salary: 2,038 USD per week
Estimated Hourly Salary: 51 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: 425,707 ILS
Estimated Monthly Salary: 35,476 ILS
Estimated Weekly Salary: 8,187 ILS per week
Estimated Hourly Salary: 205 ILS per hour
By working as Director Finance Insurance a person can save up to 6,646 USD per month or 79,748 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Director Finance Insurance
Last revision of data: 2025-01-04
Data as of 2025
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Director Finance Insurance salary in Israel
Average Yearly Salary of Director Finance Insurance in Israel is approximately 425,707 ILS (105,980 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 Director Finance Insurance do?
The occupation of a Director of Finance in the insurance industry involves overseeing and managing all financial aspects of an insurance company. This includes developing and implementing financial strategies, monitoring financial performance, analyzing financial data, and providing recommendations to senior management. The Director of Finance is responsible for budgeting, forecasting, and financial reporting, as well as ensuring compliance with regulatory requirements and internal policies. They collaborate with other departments to assess risk and determine insurance pricing and profitability. Additionally, they may be involved in mergers and acquisitions, investment management, and strategic planning. This role requires strong analytical skills, attention to detail, and knowledge of insurance industry regulations and practices.
Skills: Director of Finance, Insurance, Financial Management, Risk Assessment, Regulatory Compliance, Strategic Planning
Job industry: Insurance
Job industry: Insurance
How much does Director Finance Insurance make?
Salary details
How much does Director Finance Insurance make?Estimated Yearly Salary: 425,707 ILS
Estimated Monthly Salary: 35,476 ILS
Estimated Weekly Salary: 8,187 ILS per week
Estimated Hourly Salary: 205 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 409,832 ILSEstimated Monthly Salary: 34,153 ILS
Estimated Weekly Salary: 7,881 ILS per week
Estimated Hourly Salary: 197 ILS per hour
Last revision of data: 2024-01-08Director Finance Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 105,980 USD
Estimated Monthly Salary: 8,832 USD
Estimated Weekly Salary: 2,038 USD per week
Estimated Hourly Salary: 51 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
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Director Finance Insurance job salary compared to average salary in Israel.
Comparison shows that a person working as Director Finance Insurance in Israel earns on average:
2.21 times the average salary (or 221% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Director Finance Insurance job salary compared to average salary in Israel.
Comparison shows that a person working as Director Finance Insurance in Israel earns on average:
2.21 times the average salary (or 221% of average salary).
Is Director Finance Insurance a well paid job?
Yes, our data show that Director Finance Insurance 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 Director Finance Insurance?
High salary for Director Finance Insurance would be somewhere between 468,278 ILS and 617,275 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Finance Insurance in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 425,707 ILS
Estimated Monthly Salary: 35,476 ILS
Estimated Weekly Salary: 8,187 ILS per week
Estimated Hourly Salary: 205 ILS per hour
By working as Director Finance Insurance a person can save up to 6,646 USD per month or 79,748 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Finance Insurance
Lebanon is 16,133 USD
Syria is 7,099 USD
Jordan is 18,473 USD
Egypt is 7,975 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 Israel
(2,288,508 ILS per year, pre-tax.)
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4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
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7. Urologist
(1,734,638 ILS per year, pre-tax.)
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9. Oncologist
(1,729,727 ILS per year, pre-tax.)
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Data as of 2025Random salary:
Senior test engineer (435,907 ILS per year, pre-tax.)
Vice president (vp), public relations (pr), corporate communications (661,869 ILS per year, pre-tax.)
Program management director (583,049 ILS per year, pre-tax.)
Ultrasound diagnostic (210,433 ILS per year, pre-tax.)
Pumper (129,644 ILS per year, pre-tax.)
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