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Account Representative Financial Planning Insurance salary in Malaysia

Average Yearly Salary of Account Representative Financial Planning Insurance in Malaysia is approximately 70,091 MYR (14,093 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 Account Representative Financial Planning Insurance do?

occupation personasAn account representative in financial planning insurance is responsible for managing client accounts and providing personalized financial planning and insurance solutions. They work closely with clients to understand their financial goals, assess their risk tolerance, and develop comprehensive plans to meet their needs. Account representatives analyze clients' current financial situations, including income, expenses, assets, and liabilities, to recommend appropriate insurance products and investment strategies. They also assist clients with policy renewals, claims processing, and any necessary adjustments to their plans. Strong communication and interpersonal skills are essential in this role, as account representatives often engage in client meetings and presentations to discuss complex financial concepts and address any concerns or questions.

Skills: Account representative, Financial planning, Insurance solutions, Risk assessment, Investment strategies, Client management
Job industry: Insurance


How much does Account Representative Financial Planning Insurance make?

Salary details
How much does Account Representative Financial Planning Insurance make?
Estimated Yearly Salary: 70,091 MYR
Estimated Monthly Salary: 5,841 MYR
Estimated Weekly Salary: 1,348 MYR per week
Estimated Hourly Salary: 34 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 67,830 MYR
Estimated Monthly Salary: 5,653 MYR
Estimated Weekly Salary: 1,304 MYR per week
Estimated Hourly Salary: 33 MYR per hour
Last revision of data: 2024-01-02



Account Representative Financial Planning Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 14,093 USD
Estimated Monthly Salary: 1,174 USD
Estimated Weekly Salary: 271 USD per week
Estimated Hourly Salary: 7 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Account Representative Financial Planning Insurance job salary compared to average salary in Malaysia.
Comparison shows that a person working as Account Representative Financial Planning Insurance in Malaysia earns on average:
0.9 times the average salary (or 90% of average salary).

Is Account Representative Financial Planning Insurance a well paid job?

Yes, our data show that Account Representative Financial Planning Insurance 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 Account Representative Financial Planning Insurance?

High salary for Account Representative Financial Planning Insurance would be somewhere between 77,100 MYR and 101,632 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Representative Financial Planning Insurance in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 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: 70,091 MYR
Estimated Monthly Salary: 5,841 MYR
Estimated Weekly Salary: 1,348 MYR per week
Estimated Hourly Salary: 34 MYR per hour
By working as Account Representative Financial Planning Insurance a person can save up to 463 USD per month or 5,559 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 Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Account Representative Financial Planning Insurance

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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Salary details displayed on this website are meant for reference use exclusively. Our data is sourced through multiple inputs and may not necessarily be up to date. Users should cross-reference salary information through other means before making financial commitments. The figures shown here may change due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the data displayed is flawless. By using this website, you agree that salary information is presented 'as is' and without warranties.
The salary data on this site is intended for reference purposes only. We provide salary insights derived from multiple sources, but do not guarantee complete precision. Users should always cross-check salary details with other reliable sources before making career-related decisions. Variations in salary figures may occur due to several factors, including company policies, market demand, and individual skills. We do not extend any warranty regarding the entirety of the provided salary data. Use of this website implies acknowledgment of these terms.