Home > Salary > Philippines > Insurance Director
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Estimated Yearly Salary: 517,597 PHP
Estimated Monthly Salary: 43,133 PHP
Estimated Weekly Salary: 9,954 PHP per week
Estimated Hourly Salary: 249 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 41,765 PHP
Estimated Weekly Salary: 9,638 PHP per week
Estimated Hourly Salary: 241 PHP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,658 USD
Estimated Monthly Salary: 722 USD
Estimated Weekly Salary: 167 USD per week
Estimated Hourly Salary: 4 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: 517,597 PHP
Estimated Monthly Salary: 43,133 PHP
Estimated Weekly Salary: 9,954 PHP per week
Estimated Hourly Salary: 249 PHP per hour
By working as Insurance Director a person can save up to 564 USD per month or 6,762 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Insurance Director
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Director salary in Philippines
Average Yearly Salary of Insurance Director in Philippines is approximately 517,597 PHP (8,658 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 Director do?
An insurance director is a high-level executive responsible for overseeing the operations and strategic direction of an insurance company. They play a critical role in managing all aspects of the insurance business, including underwriting, claims, sales, marketing, and risk management. The insurance director sets goals, formulates policies, and develops strategies to ensure the company's profitability and growth. They collaborate with other departments to evaluate risks, design insurance products, and create pricing models. Additionally, they monitor industry trends, regulatory changes, and competitive landscapes to make informed decisions and stay ahead of the market. Strong leadership, analytical skills, and extensive knowledge of insurance principles are essential for success in this role.
Skills: Insurance director, Executive role, Strategic planning, Risk management, Profitability, Leadership
Job industry: Insurance
Job industry: Insurance
How much does Insurance Director make?
Salary details
How much does Insurance Director make?Estimated Yearly Salary: 517,597 PHP
Estimated Monthly Salary: 43,133 PHP
Estimated Weekly Salary: 9,954 PHP per week
Estimated Hourly Salary: 249 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 501,180 PHPEstimated Monthly Salary: 41,765 PHP
Estimated Weekly Salary: 9,638 PHP per week
Estimated Hourly Salary: 241 PHP per hour
Last revision of data: 2024-01-05Insurance Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,658 USD
Estimated Monthly Salary: 722 USD
Estimated Weekly Salary: 167 USD per week
Estimated Hourly Salary: 4 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
Compare salary to other countries
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Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Director in Philippines earns on average:
2.36 times the average salary (or 236% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Director job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Director in Philippines earns on average:
2.36 times the average salary (or 236% of average salary).
Is Insurance Director a well paid job?
Yes, our data show that Insurance Director is a very 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 Director?
High salary for Insurance Director would be somewhere between 569,357 PHP and 750,516 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Director in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 517,597 PHP
Estimated Monthly Salary: 43,133 PHP
Estimated Weekly Salary: 9,954 PHP per week
Estimated Hourly Salary: 249 PHP per hour
By working as Insurance Director a person can save up to 564 USD per month or 6,762 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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 Director
China is 28,029 USD
Vietnam is 8,794 USD
Malaysia is 39,053 USD
Indonesia is 23,112 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 Philippines
(2,481,728 PHP per year, pre-tax.)
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4. Neurosurgeon
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6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Accounts receivable administrator (184,890 PHP per year, pre-tax.)
Forging machine operator (111,656 PHP per year, pre-tax.)
Director of program management information technology (it) (508,875 PHP per year, pre-tax.)
Corrosion engineer (292,157 PHP per year, pre-tax.)
Engagement manager (300,041 PHP per year, pre-tax.)
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