Home > Salary > Malaysia > Insurance Producer
An insurance producer is a professional who helps individuals and businesses find suitable insurance policies to protect their assets, property, and health. They work for insurance agencies or brokerage firms and act as intermediaries between clients and insurance companies. Insurance producers assess the needs and risks of clients, analyze various insurance options, and recommend appropriate coverage plans. They also assist in completing paperwork, submitting claims, and providing ongoing customer service.
Estimated Yearly Salary: 67,251 MYR
Estimated Monthly Salary: 5,604 MYR
Estimated Weekly Salary: 1,293 MYR per week
Estimated Hourly Salary: 32 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,410 MYR
Estimated Weekly Salary: 1,249 MYR per week
Estimated Hourly Salary: 31 MYR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 13,408 USD
Estimated Monthly Salary: 1,117 USD
Estimated Weekly Salary: 258 USD per week
Estimated Hourly Salary: 6 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: 67,251 MYR
Estimated Monthly Salary: 5,604 MYR
Estimated Weekly Salary: 1,293 MYR per week
Estimated Hourly Salary: 32 MYR per hour
By working as Insurance Producer a person can save up to 406 USD per month or 4,874 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 Insurance Producer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Hospice nursing director (134,690 MYR per year, pre-tax.)
Box maker (36,784 MYR per year, pre-tax.)
Emergency medical services (ems), director (117,724 MYR per year, pre-tax.)
Wastewater treatment plant superintendent (109,964 MYR per year, pre-tax.)
Divisional merchandise manager (219,129 MYR per year, pre-tax.)
Insurance Producer salary in Malaysia
Average Yearly Salary of Insurance Producer in Malaysia is approximately 67,251 MYR (13,408 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 Producer do?
An insurance producer is a professional who helps individuals and businesses find suitable insurance policies to protect their assets, property, and health. They work for insurance agencies or brokerage firms and act as intermediaries between clients and insurance companies. Insurance producers assess the needs and risks of clients, analyze various insurance options, and recommend appropriate coverage plans. They also assist in completing paperwork, submitting claims, and providing ongoing customer service.
Skills: insurance producer, insurance agent, insurance broker, risk management, insurance policies, customer service.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Producer make?
Salary details
How much does Insurance Producer make?Estimated Yearly Salary: 67,251 MYR
Estimated Monthly Salary: 5,604 MYR
Estimated Weekly Salary: 1,293 MYR per week
Estimated Hourly Salary: 32 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 64,925 MYREstimated Monthly Salary: 5,410 MYR
Estimated Weekly Salary: 1,249 MYR per week
Estimated Hourly Salary: 31 MYR per hour
Last revision of data: 2024-01-08Insurance Producer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,408 USD
Estimated Monthly Salary: 1,117 USD
Estimated Weekly Salary: 258 USD per week
Estimated Hourly Salary: 6 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
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 Insurance Producer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Insurance Producer in Malaysia earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Producer job salary compared to average salary in Malaysia.
Comparison shows that a person working as Insurance Producer in Malaysia earns on average:
0.86 times the average salary (or 86% of average salary).
Is Insurance Producer a well paid job?
Yes, our data show that Insurance Producer 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 Producer?
High salary for Insurance Producer would be somewhere between 73,976 MYR and 97,514 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Producer 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: 67,251 MYR
Estimated Monthly Salary: 5,604 MYR
Estimated Weekly Salary: 1,293 MYR per week
Estimated Hourly Salary: 32 MYR per hour
By working as Insurance Producer a person can save up to 406 USD per month or 4,874 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 Insurance Producer
Thailand is 5,452 USD
Indonesia is 8,006 USD
Singapore is 50,777 USD
Brunei is 23,702 USD
Vietnam is 3,027 USD
Philippines is 2,982 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.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(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:
Hospice nursing director (134,690 MYR per year, pre-tax.)
Box maker (36,784 MYR per year, pre-tax.)
Emergency medical services (ems), director (117,724 MYR per year, pre-tax.)
Wastewater treatment plant superintendent (109,964 MYR per year, pre-tax.)
Divisional merchandise manager (219,129 MYR 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=malaysia&job=insurance-producer'><img src='https://optisalary.com/wp-content/graphs/salary/insurance-producer-salary-in-malaysia-2025.jpg' alt='insurance producer salary in malaysia 2025' title='insurance producer salary in malaysia 2025' /></a>
Please note:Salary information displayed on this site is for reference exclusively.
The salary estimates on optisalary.com are meant for reference purposes exclusively. We compile salary data from multiple sources, but cannot guarantee absolute accuracy. Users should on their own confirm salaries before making financial commitments. Salary variations occur due to industry standards, demand shifts, and location. We deny any guarantee regarding the correctness of the provided salary data. By accessing this site, you acknowledge that salary data is subject to updates.
All salary figures on optisalary.com are for reference use exclusively. We gather data from various trusted databases, yet do not guarantee complete accuracy. Before making financial choices, users should consult additional authoritative sources. Salaries change due to various influences, including economic conditions, job market trends, and geographic location. We disclaim any liability for misrepresentations in the salary information provided here. Your use with optisalary.com constitutes agreement of this disclaimer.