Home > Salary > Malaysia > Branch Manager Insurance Office
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Estimated Yearly Salary: 106,944 MYR
Estimated Monthly Salary: 8,912 MYR
Estimated Weekly Salary: 2,057 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,640 MYR
Estimated Weekly Salary: 1,994 MYR per week
Estimated Hourly Salary: 50 MYR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 21,489 USD
Estimated Monthly Salary: 1,791 USD
Estimated Weekly Salary: 413 USD per week
Estimated Hourly Salary: 10 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: 106,944 MYR
Estimated Monthly Salary: 8,912 MYR
Estimated Weekly Salary: 2,057 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Branch Manager Insurance Office a person can save up to 1,080 USD per month or 12,955 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.
Estimated Yearly Salary for Branch Manager Insurance Office
Last revision of data: 2025-01-04
Data as of 2025
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Branch Manager Insurance Office salary in Malaysia
Average Yearly Salary of Branch Manager Insurance Office in Malaysia is approximately 106,944 MYR (21,489 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 Branch Manager Insurance Office do?
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Skills: Branch Manager, Insurance Office, Sales Management, Team Leadership, Customer Service, Relationship Management
Job industry: Insurance
Job industry: Insurance
How much does Branch Manager Insurance Office make?
Salary details
How much does Branch Manager Insurance Office make?Estimated Yearly Salary: 106,944 MYR
Estimated Monthly Salary: 8,912 MYR
Estimated Weekly Salary: 2,057 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 103,685 MYREstimated Monthly Salary: 8,640 MYR
Estimated Weekly Salary: 1,994 MYR per week
Estimated Hourly Salary: 50 MYR per hour
Last revision of data: 2024-01-06Branch Manager Insurance Office estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,489 USD
Estimated Monthly Salary: 1,791 USD
Estimated Weekly Salary: 413 USD per week
Estimated Hourly Salary: 10 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
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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 Branch Manager Insurance Office job salary compared to average salary in Malaysia.
Comparison shows that a person working as Branch Manager Insurance Office in Malaysia earns on average:
1.37 times the average salary (or 137% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Malaysia.
Comparison shows that a person working as Branch Manager Insurance Office in Malaysia earns on average:
1.37 times the average salary (or 137% of average salary).
Is Branch Manager Insurance Office a well paid job?
Yes, our data shows that Branch Manager Insurance Office is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Branch Manager Insurance Office?
High salary for Branch Manager Insurance Office would be somewhere between 117,638 MYR and 155,069 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Branch Manager Insurance Office 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: 106,944 MYR
Estimated Monthly Salary: 8,912 MYR
Estimated Weekly Salary: 2,057 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Branch Manager Insurance Office a person can save up to 1,080 USD per month or 12,955 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 Branch Manager Insurance Office
Thailand is 8,706 USD
Indonesia is 12,754 USD
Singapore is 81,090 USD
Brunei is 37,850 USD
Vietnam is 4,849 USD
Philippines is 4,751 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 Malaysia
(927,752 MYR per year, pre-tax.)
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(770,656 MYR per year, pre-tax.)
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(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(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.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Armored car messenger (38,033 MYR per year, pre-tax.)
Sauce chef saucier (51,105 MYR per year, pre-tax.)
Awning installer (53,295 MYR per year, pre-tax.)
Legal document clerk (48,523 MYR per year, pre-tax.)
Geriatrician (302,870 MYR per year, pre-tax.)
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