Home > Salary > Monaco > Insurance Sales Representative

Insurance Sales Representative salary in Monaco

Average Yearly Salary of Insurance Sales Representative in Monaco is approximately 145,333 EUR (144,497 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 Sales Representative do?

occupation personasAn insurance sales representative is responsible for selling insurance policies to individuals and businesses. They meet with potential clients to assess their insurance needs, explain different coverage options, and recommend suitable policies. Insurance sales representatives must have a thorough understanding of various insurance products, including life, health, auto, home, and commercial insurance. They need to stay updated on industry trends, regulations, and changes in insurance policies to provide accurate information to clients. Building and maintaining relationships with clients is crucial in this role, as insurance sales representatives often handle policy renewals and address any questions or concerns. Strong communication and negotiation skills are essential to effectively explain complex insurance terms, calculate premiums, and convince clients to purchase insurance. Additionally, insurance sales representatives may be required to meet sales targets and generate leads.

Skills: Insurance sales, Sales representative, Insurance policies, Client relationship management, Insurance products, Sales targets.
Job industry: Insurance


How much does Insurance Sales Representative make?

Salary details
How much does Insurance Sales Representative make?
Estimated Yearly Salary: 145,333 EUR
Estimated Monthly Salary: 12,111 EUR
Estimated Weekly Salary: 2,795 EUR per week
Estimated Hourly Salary: 70 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 139,951 EUR
Estimated Monthly Salary: 11,663 EUR
Estimated Weekly Salary: 2,691 EUR per week
Estimated Hourly Salary: 67 EUR per hour
Last revision of data: 2024-01-07



Insurance Sales Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 144,497 USD
Estimated Monthly Salary: 12,041 USD
Estimated Weekly Salary: 2,779 USD per week
Estimated Hourly Salary: 69 USD per hour


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

Salary comparison to National average

Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.

Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Sales Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Insurance Sales Representative in Monaco earns on average:
0.85 times the average salary (or 85% of average salary).

Is Insurance Sales Representative a well paid job?

Yes, our data show that Insurance Sales Representative 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 Sales Representative?

High salary for Insurance Sales Representative would be somewhere between 159,866 EUR and 210,733 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Sales Representative 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: 145,333 EUR
Estimated Monthly Salary: 12,111 EUR
Estimated Weekly Salary: 2,795 EUR per week
Estimated Hourly Salary: 70 EUR per hour
By working as Insurance Sales Representative a person can save up to 4,598 USD per month or 55,179 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 Insurance Sales Representative

France is 35,714 USDdown arrow 75%
Details on Insurance Sales Representative salary in France
Italy is 29,269 USDdown arrow 80%
Details on Insurance Sales Representative salary in Italy
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 Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

Random salary:
Gerontologist (237,780 EUR per year, pre-tax.)
Project manager masonry (176,297 EUR per year, pre-tax.)
Water treatment plant manager (186,612 EUR per year, pre-tax.)
Corporate relations manager (162,533 EUR per year, pre-tax.)
Om specialist (275,174 EUR per year, pre-tax.)

Frequently searched careers by keyword and country
Insurance sales representative
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
insurance sales representative salary in monaco 2025
Link to this graph - use the following code to display the salary graph on your page: <a href='https://optisalary.com/salary?country=monaco&job=insurance-sales-representative'><img src='https://optisalary.com/wp-content/graphs/salary/insurance-sales-representative-salary-in-monaco-2025.jpg' alt='insurance sales representative salary in monaco 2025' title='insurance sales representative salary in monaco 2025' /></a>
Please note:
The salary figures on optisalary.com are meant for informational use only.
The salary data on this site is intended for reference purposes only. We provide salary insights based on multiple sources, but do not guarantee complete accuracy. Users should consistently verify salary details with other trusted sources before making financial decisions. Variations in salary amounts may occur due to several factors, including company policies, market demand, and individual skills. We do not offer any warranty regarding the entirety of the displayed salary information. Use of this website implies acknowledgment of these conditions.
All salary data on optisalary.com are for informational use exclusively. We compile data from numerous trusted sources, yet do not ensure complete precision. Before making financial choices, visitors should cross-check with external authoritative sources. Salaries fluctuate due to several influences, including economic conditions, job market trends, and geographic location. We deny any responsibility for misrepresentations in the salary information provided here. Your use with optisalary.com indicates acceptance of this disclaimer.