Home > Salary > Singapore > Insurance Appraiser
An insurance appraiser is responsible for assessing the value of damaged property or items and determining the amount of compensation that should be provided by an insurance company. They evaluate claims made by policyholders and investigate the extent of the damage caused by accidents, natural disasters, or other covered events. Insurance appraisers inspect the property, gather information, take photographs, and interview witnesses to determine the cause and value of the loss. They analyze policy coverage, review records, and consult with experts if necessary to make accurate assessments. After conducting a thorough investigation, insurance appraisers prepare detailed reports outlining their findings and recommendations for claim settlements. They may also negotiate with policyholders or their representatives to reach a fair agreement. This occupation requires strong analytical skills, attention to detail, knowledge of insurance policies, and excellent communication and negotiation abilities.
Estimated Yearly Salary: 168,334 SGD
Estimated Monthly Salary: 14,028 SGD
Estimated Weekly Salary: 3,237 SGD per week
Estimated Hourly Salary: 81 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,551 SGD
Estimated Weekly Salary: 3,127 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 84,295 USD
Estimated Monthly Salary: 7,025 USD
Estimated Weekly Salary: 1,621 USD per week
Estimated Hourly Salary: 41 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: 168,334 SGD
Estimated Monthly Salary: 14,028 SGD
Estimated Weekly Salary: 3,237 SGD per week
Estimated Hourly Salary: 81 SGD per hour
By working as Insurance Appraiser a person can save up to 4,337 USD per month or 52,039 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 Insurance Appraiser
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Appraiser salary in Singapore
Average Yearly Salary of Insurance Appraiser in Singapore is approximately 168,334 SGD (84,295 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 Appraiser do?
An insurance appraiser is responsible for assessing the value of damaged property or items and determining the amount of compensation that should be provided by an insurance company. They evaluate claims made by policyholders and investigate the extent of the damage caused by accidents, natural disasters, or other covered events. Insurance appraisers inspect the property, gather information, take photographs, and interview witnesses to determine the cause and value of the loss. They analyze policy coverage, review records, and consult with experts if necessary to make accurate assessments. After conducting a thorough investigation, insurance appraisers prepare detailed reports outlining their findings and recommendations for claim settlements. They may also negotiate with policyholders or their representatives to reach a fair agreement. This occupation requires strong analytical skills, attention to detail, knowledge of insurance policies, and excellent communication and negotiation abilities.Skills: Insurance appraiser, Claims assessment, Property evaluation, Compensation determination, Risk analysis, Negotiation skills
Job industry: Insurance
Job industry: Insurance
How much does Insurance Appraiser make?
Salary details
How much does Insurance Appraiser make?Estimated Yearly Salary: 168,334 SGD
Estimated Monthly Salary: 14,028 SGD
Estimated Weekly Salary: 3,237 SGD per week
Estimated Hourly Salary: 81 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 162,610 SGDEstimated Monthly Salary: 13,551 SGD
Estimated Weekly Salary: 3,127 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Last revision of data: 2024-01-03Insurance Appraiser estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 84,295 USD
Estimated Monthly Salary: 7,025 USD
Estimated Weekly Salary: 1,621 USD per week
Estimated Hourly Salary: 41 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
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 Insurance Appraiser job salary compared to average salary in Singapore.
Comparison shows that a person working as Insurance Appraiser in Singapore earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Appraiser job salary compared to average salary in Singapore.
Comparison shows that a person working as Insurance Appraiser in Singapore earns on average:
1.76 times the average salary (or 176% of average salary).
Is Insurance Appraiser a well paid job?
Yes, our data shows that Insurance Appraiser 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 Appraiser?
High salary for Insurance Appraiser would be somewhere between 185,167 SGD and 244,084 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Appraiser 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: 168,334 SGD
Estimated Monthly Salary: 14,028 SGD
Estimated Weekly Salary: 3,237 SGD per week
Estimated Hourly Salary: 81 SGD per hour
By working as Insurance Appraiser a person can save up to 4,337 USD per month or 52,039 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 Insurance Appraiser
Malaysia is 22,199 USD
Indonesia is 13,206 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
(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.)
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Data as of 2025Random salary:
Office professional (74,712 SGD per year, pre-tax.)
Reimbursement specialist (62,949 SGD per year, pre-tax.)
Real estate managing broker (123,036 SGD per year, pre-tax.)
Internship coordinator (71,533 SGD per year, pre-tax.)
Clean room operator (52,457 SGD per year, pre-tax.)
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