Home > Salary > Singapore > Director Finance Insurance
The occupation of a Director of Finance in the insurance industry involves overseeing and managing all financial aspects of an insurance company. This includes developing and implementing financial strategies, monitoring financial performance, analyzing financial data, and providing recommendations to senior management. The Director of Finance is responsible for budgeting, forecasting, and financial reporting, as well as ensuring compliance with regulatory requirements and internal policies. They collaborate with other departments to assess risk and determine insurance pricing and profitability. Additionally, they may be involved in mergers and acquisitions, investment management, and strategic planning. This role requires strong analytical skills, attention to detail, and knowledge of insurance industry regulations and practices.
Estimated Yearly Salary: 261,223 SGD
Estimated Monthly Salary: 21,769 SGD
Estimated Weekly Salary: 5,024 SGD per week
Estimated Hourly Salary: 126 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,998 SGD
Estimated Weekly Salary: 4,846 SGD per week
Estimated Hourly Salary: 121 SGD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 130,005 USD
Estimated Monthly Salary: 10,834 USD
Estimated Weekly Salary: 2,500 USD per week
Estimated Hourly Salary: 63 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: 261,223 SGD
Estimated Monthly Salary: 21,769 SGD
Estimated Weekly Salary: 5,024 SGD per week
Estimated Hourly Salary: 126 SGD per hour
By working as Director Finance Insurance a person can save up to 8,146 USD per month or 97,749 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 Director Finance Insurance
Last revision of data: 2025-01-04
Data as of 2025
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Director Finance Insurance salary in Singapore
Average Yearly Salary of Director Finance Insurance in Singapore is approximately 261,223 SGD (130,005 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 Director Finance Insurance do?
The occupation of a Director of Finance in the insurance industry involves overseeing and managing all financial aspects of an insurance company. This includes developing and implementing financial strategies, monitoring financial performance, analyzing financial data, and providing recommendations to senior management. The Director of Finance is responsible for budgeting, forecasting, and financial reporting, as well as ensuring compliance with regulatory requirements and internal policies. They collaborate with other departments to assess risk and determine insurance pricing and profitability. Additionally, they may be involved in mergers and acquisitions, investment management, and strategic planning. This role requires strong analytical skills, attention to detail, and knowledge of insurance industry regulations and practices.
Skills: Director of Finance, Insurance, Financial Management, Risk Assessment, Regulatory Compliance, Strategic Planning
Job industry: Insurance
Job industry: Insurance
How much does Director Finance Insurance make?
Salary details
How much does Director Finance Insurance make?Estimated Yearly Salary: 261,223 SGD
Estimated Monthly Salary: 21,769 SGD
Estimated Weekly Salary: 5,024 SGD per week
Estimated Hourly Salary: 126 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 251,974 SGDEstimated Monthly Salary: 20,998 SGD
Estimated Weekly Salary: 4,846 SGD per week
Estimated Hourly Salary: 121 SGD per hour
Last revision of data: 2024-01-07Director Finance Insurance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 130,005 USD
Estimated Monthly Salary: 10,834 USD
Estimated Weekly Salary: 2,500 USD per week
Estimated Hourly Salary: 63 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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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 Director Finance Insurance job salary compared to average salary in Singapore.
Comparison shows that a person working as Director Finance Insurance in Singapore earns on average:
2.74 times the average salary (or 274% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Director Finance Insurance job salary compared to average salary in Singapore.
Comparison shows that a person working as Director Finance Insurance in Singapore earns on average:
2.74 times the average salary (or 274% of average salary).
Is Director Finance Insurance a well paid job?
Yes, our data show that Director Finance Insurance 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 Director Finance Insurance?
High salary for Director Finance Insurance would be somewhere between 287,345 SGD and 378,773 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Finance Insurance 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: 261,223 SGD
Estimated Monthly Salary: 21,769 SGD
Estimated Weekly Salary: 5,024 SGD per week
Estimated Hourly Salary: 126 SGD per hour
By working as Director Finance Insurance a person can save up to 8,146 USD per month or 97,749 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 Director Finance Insurance
Malaysia is 34,444 USD
Indonesia is 20,593 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.)
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5. Neurosurgeon
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(1,068,249 SGD per year, pre-tax.)
7. Oncologist
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Data as of 2025Random salary:
Control and valve installer repairer (except mechanical door) (85,961 SGD per year, pre-tax.)
Chipper (44,827 SGD per year, pre-tax.)
Mortgage banker (132,073 SGD per year, pre-tax.)
Guest service team leader (74,712 SGD per year, pre-tax.)
Marketing communications director (125,570 SGD per year, pre-tax.)
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