Insurance Director salary in Lithuania

Average Yearly Salary of Insurance Director in Lithuania is approximately 51,963 EUR (52,047 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

How much does Insurance Director make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

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 57,159 EUR and 75,346 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Director in Lithuania?

Living in Lithuania the approximate monthly expenses are: 948 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: 51,963 EUR
Estimated Monthly Salary: 4,330 EUR
Estimated Weekly Salary: 999 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Insurance Director a person can save up to 3,390 USD per month or 40,676 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 Lithuania, see costs of living in Lithuania.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Belarus, Latvia, Poland, Russia..
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

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Lithuania

Data as of 2025

Random salary:
Junior media buyer (14,667 EUR per year, pre-tax.)
Change analyst (21,905 EUR per year, pre-tax.)
Unit secretary emergency room (er) (9,715 EUR per year, pre-tax.)
Web producer manager coordinator (25,564 EUR per year, pre-tax.)
Aquarist (10,995 EUR per year, pre-tax.)

Feedback about these results