Home > Salary > Singapore > Branch Manager Insurance Office
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Estimated Yearly Salary: 162,225 SGD
Estimated Monthly Salary: 13,519 SGD
Estimated Weekly Salary: 3,120 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,063 SGD
Estimated Weekly Salary: 3,014 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 81,090 USD
Estimated Monthly Salary: 6,758 USD
Estimated Weekly Salary: 1,559 USD per week
Estimated Hourly Salary: 39 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: 162,225 SGD
Estimated Monthly Salary: 13,519 SGD
Estimated Weekly Salary: 3,120 SGD per week
Estimated Hourly Salary: 78 SGD per hour
By working as Branch Manager Insurance Office a person can save up to 4,070 USD per month or 48,834 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Branch Manager Insurance Office
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior corporate counsel (220,801 SGD per year, pre-tax.)
Loan servicing manager (114,452 SGD per year, pre-tax.)
Cad programmer (104,302 SGD per year, pre-tax.)
Certified medical assistant supervisor (101,082 SGD per year, pre-tax.)
Robot technician (58,150 SGD per year, pre-tax.)
Branch Manager Insurance Office salary in Singapore
Average Yearly Salary of Branch Manager Insurance Office in Singapore is approximately 162,225 SGD (81,090 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 Branch Manager Insurance Office do?
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Skills: Branch Manager, Insurance Office, Sales Management, Team Leadership, Customer Service, Relationship Management
Job industry: Insurance
Job industry: Insurance
How much does Branch Manager Insurance Office make?
Salary details
How much does Branch Manager Insurance Office make?Estimated Yearly Salary: 162,225 SGD
Estimated Monthly Salary: 13,519 SGD
Estimated Weekly Salary: 3,120 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 156,750 SGDEstimated Monthly Salary: 13,063 SGD
Estimated Weekly Salary: 3,014 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-07Branch Manager Insurance Office estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 81,090 USD
Estimated Monthly Salary: 6,758 USD
Estimated Weekly Salary: 1,559 USD per week
Estimated Hourly Salary: 39 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Singapore.
Comparison shows that a person working as Branch Manager Insurance Office in Singapore earns on average:
1.7 times the average salary (or 170% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Singapore.
Comparison shows that a person working as Branch Manager Insurance Office in Singapore earns on average:
1.7 times the average salary (or 170% of average salary).
Is Branch Manager Insurance Office a well paid job?
Yes, our data shows that Branch Manager Insurance Office 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 Branch Manager Insurance Office?
High salary for Branch Manager Insurance Office would be somewhere between 178,448 SGD and 235,226 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Branch Manager Insurance Office in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 162,225 SGD
Estimated Monthly Salary: 13,519 SGD
Estimated Weekly Salary: 3,120 SGD per week
Estimated Hourly Salary: 78 SGD per hour
By working as Branch Manager Insurance Office a person can save up to 4,070 USD per month or 48,834 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Branch Manager Insurance Office
Malaysia is 21,489 USD
Indonesia is 12,754 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Senior corporate counsel (220,801 SGD per year, pre-tax.)
Loan servicing manager (114,452 SGD per year, pre-tax.)
Cad programmer (104,302 SGD per year, pre-tax.)
Certified medical assistant supervisor (101,082 SGD per year, pre-tax.)
Robot technician (58,150 SGD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=singapore&job=branch-manager-insurance-office'><img src='https://optisalary.com/wp-content/graphs/salary/branch-manager-insurance-office-salary-in-singapore-2025.jpg' alt='branch manager insurance office salary in singapore 2025' title='branch manager insurance office salary in singapore 2025' /></a>
Please note:This website presents salary insights for informational purposes only.
The salary data presented here are meant for informational purposes solely. While we strive to ensure accuracy, we do not guarantee all figures is flawless. Users should to research salary details with independent authorities before making critical financial choices. Salary amounts can change due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the salary data displayed.
Salary details displayed on this website are intended for informational use only. Our data comes from various inputs and may not always be accurate. Users should cross-reference salary information through other means before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is flawless. By using this website, you agree that salary information is offered 'as is' and without assurances.