Home > Salary > Saudi Arabia > Research Analyst Insurance
A research analyst in insurance is responsible for conducting extensive research and analysis on various aspects of the insurance industry. They gather data, analyze market trends, and evaluate the performance of insurance products and companies. Their primary goal is to provide insights and recommendations that enable insurance companies to make informed decisions regarding pricing, risk assessment, and product development. Research analysts also monitor regulatory changes, competitor activities, and customer preferences to identify potential opportunities or threats. Strong analytical skills, attention to detail, and proficiency in data analysis tools are crucial for this role. Effective communication and presentation skills are also necessary to communicate findings and recommendations to key stakeholders.
Estimated Yearly Salary: 112,145 SAR
Estimated Monthly Salary: 9,345 SAR
Estimated Weekly Salary: 2,157 SAR per week
Estimated Hourly Salary: 54 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,022 SAR
Estimated Weekly Salary: 2,082 SAR per week
Estimated Hourly Salary: 52 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 28,068 USD
Estimated Monthly Salary: 2,339 USD
Estimated Weekly Salary: 540 USD per week
Estimated Hourly Salary: 13 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: 112,145 SAR
Estimated Monthly Salary: 9,345 SAR
Estimated Weekly Salary: 2,157 SAR per week
Estimated Hourly Salary: 54 SAR per hour
By working as Research Analyst Insurance a person can save up to 1,235 USD per month or 14,825 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Research Analyst Insurance
United Arab Emirates is 49,725 USD 77%
Details on Research Analyst Insurance salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Environmental protection specialist (155,176 SAR per year, pre-tax.)
Machinery technician (80,448 SAR per year, pre-tax.)
Data signal processing (dsp),firmware engineer (244,192 SAR per year, pre-tax.)
Insurance claims assistant (60,008 SAR per year, pre-tax.)
Geographic information systems (gis), technician (90,879 SAR per year, pre-tax.)
Research Analyst Insurance salary in Saudi Arabia
Average Yearly Salary of Research Analyst Insurance in Saudi Arabia is approximately 112,145 SAR (28,068 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 Research Analyst Insurance do?
A research analyst in insurance is responsible for conducting extensive research and analysis on various aspects of the insurance industry. They gather data, analyze market trends, and evaluate the performance of insurance products and companies. Their primary goal is to provide insights and recommendations that enable insurance companies to make informed decisions regarding pricing, risk assessment, and product development. Research analysts also monitor regulatory changes, competitor activities, and customer preferences to identify potential opportunities or threats. Strong analytical skills, attention to detail, and proficiency in data analysis tools are crucial for this role. Effective communication and presentation skills are also necessary to communicate findings and recommendations to key stakeholders.
Skills: research analyst, insurance industry, data analysis, market trends, risk assessment, product development.
Job industry: Insurance
Job industry: Insurance
How much does Research Analyst Insurance make?
Salary details
How much does Research Analyst Insurance make?Estimated Yearly Salary: 112,145 SAR
Estimated Monthly Salary: 9,345 SAR
Estimated Weekly Salary: 2,157 SAR per week
Estimated Hourly Salary: 54 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 108,264 SAREstimated Monthly Salary: 9,022 SAR
Estimated Weekly Salary: 2,082 SAR per week
Estimated Hourly Salary: 52 SAR per hour
Last revision of data: 2024-01-03Research Analyst Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,068 USD
Estimated Monthly Salary: 2,339 USD
Estimated Weekly Salary: 540 USD per week
Estimated Hourly Salary: 13 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
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Country:
Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Research Analyst Insurance job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Research Analyst Insurance in Saudi Arabia earns on average:
1.08 times the average salary (or 108% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Research Analyst Insurance job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Research Analyst Insurance in Saudi Arabia earns on average:
1.08 times the average salary (or 108% of average salary).
Is Research Analyst Insurance a well paid job?
Yes, our data show that Research Analyst 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 Research Analyst Insurance?
High salary for Research Analyst Insurance would be somewhere between 123,360 SAR and 162,610 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Research Analyst Insurance in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 112,145 SAR
Estimated Monthly Salary: 9,345 SAR
Estimated Weekly Salary: 2,157 SAR per week
Estimated Hourly Salary: 54 SAR per hour
By working as Research Analyst Insurance a person can save up to 1,235 USD per month or 14,825 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Research Analyst Insurance
Jordan is 9,615 USD
Iraq is 6,095 USD
Kuwait is 13,567 USD
Qatar is 71,733 USD
Bahrain is 18,134 USDUnited Arab Emirates is 49,725 USD 77%Details on Research Analyst Insurance salary in United Arab Emirates
Oman is 9,231 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Environmental protection specialist (155,176 SAR per year, pre-tax.)
Machinery technician (80,448 SAR per year, pre-tax.)
Data signal processing (dsp),firmware engineer (244,192 SAR per year, pre-tax.)
Insurance claims assistant (60,008 SAR per year, pre-tax.)
Geographic information systems (gis), technician (90,879 SAR per year, pre-tax.)
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