Insurance Marketing Agent salary in Nigeria

Average Yearly Salary of Insurance Marketing Agent in Nigeria is approximately 4,864,120 NGN (5,795 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 Marketing Agent do?

An insurance marketing agent is responsible for promoting and selling insurance products to potential customers. They work closely with insurance companies to develop marketing strategies and campaigns that effectively target the desired customer base. These agents must have a strong understanding of insurance policies and be able to explain complex coverage options to clients in a clear and concise manner. They identify potential customers through various marketing channels, such as social media, cold calling, and networking events, and strive to build trust and establish long-term relationships. Insurance marketing agents also assist clients in selecting the most suitable insurance plans based on their needs, budget, and risk tolerance. They stay updated on industry trends and regulations to provide accurate information and advice to clients. Overall, insurance marketing agents play a crucial role in driving sales and revenue growth for insurance companies.

Skills: insurance, marketing, sales, customer service, communication skills, relationship building
Job industry: Insurance

How much does Insurance Marketing Agent make?

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


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Salary comparison to National average

Is Insurance Marketing Agent a well paid job?

Yes, our data shows that Insurance Marketing Agent 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 Insurance Marketing Agent?

High salary for Insurance Marketing Agent would be somewhere between 5,350,532 NGN and 7,052,974 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Marketing Agent in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 4,864,120 NGN
Estimated Monthly Salary: 405,343 NGN
Estimated Weekly Salary: 93,541 NGN per week
Estimated Hourly Salary: 2,339 NGN per hour
By working as Insurance Marketing Agent a person can save up to 277 USD per month or 3,328 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
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 Marketing Agent

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.

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Data as of 2025

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