Account Manager Insurance salary in Monaco

Average Yearly Salary of Account Manager Insurance in Monaco is approximately 187,456 EUR (187,137 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 Manager Insurance do?

An account manager in the insurance industry is responsible for managing a portfolio of clients and ensuring their insurance needs are met. They act as the primary point of contact for clients, providing them with advice and guidance on insurance products and services. Account managers work closely with underwriters to negotiate policy terms and premiums, and they also assist clients with claims processing and resolving any issues that may arise. They are responsible for building and maintaining strong relationships with clients to ensure client satisfaction and retention. Additionally, account managers may be involved in prospecting new clients and promoting insurance products to generate new business.

Skills: Account Manager, Insurance, Client Relationship, Policy Management, Claims Processing, Business Development
Job industry: Insurance

How much does Account Manager Insurance make?

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


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Salary comparison to National average

Is Account Manager Insurance a well paid job?

Yes, our data show that Account Manager 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 Manager Insurance?

High salary for Account Manager Insurance would be somewhere between 206,202 EUR and 271,811 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Manager Insurance in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 187,456 EUR
Estimated Monthly Salary: 15,621 EUR
Estimated Weekly Salary: 3,605 EUR per week
Estimated Hourly Salary: 90 EUR per hour
By working as Account Manager Insurance a person can save up to 8,152 USD per month or 97,819 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
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 Manager 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 +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 Monaco

Data as of 2025

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