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Branch Manager Insurance Office salary in Vietnam

Average Yearly Salary of Branch Manager Insurance Office in Vietnam is approximately 122,575,044 VND (4,849 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?

occupation personasA 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


How much does Branch Manager Insurance Office make?

Salary details
How much does Branch Manager Insurance Office make?
Estimated Yearly Salary: 122,575,044 VND
Estimated Monthly Salary: 10,214,587 VND
Estimated Weekly Salary: 2,357,212 VND per week
Estimated Hourly Salary: 58,930 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 118,304,715 VND
Estimated Monthly Salary: 9,858,726 VND
Estimated Weekly Salary: 2,275,091 VND per week
Estimated Hourly Salary: 56,877 VND per hour
Last revision of data: 2024-01-03



Branch Manager Insurance Office estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,849 USD
Estimated Monthly Salary: 404 USD
Estimated Weekly Salary: 93 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Vietnam, located in Southeast Asia, is a vibrant and culturally rich country. With a population of approximately 97 million people, it is the 15th most populous country in the world. Covering an area of around 331,212 square kilometers, Vietnam is roughly the size of Germany.

Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in Vietnam.
Comparison shows that a person working as Branch Manager Insurance Office in Vietnam earns on average:
1.32 times the average salary (or 132% 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 134,832,548 VND and 177,733,814 VND. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Insurance Office in Vietnam?

Living in Vietnam the approximate monthly expenses are: 160 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: 122,575,044 VND
Estimated Monthly Salary: 10,214,587 VND
Estimated Weekly Salary: 2,357,212 VND per week
Estimated Hourly Salary: 58,930 VND per hour
By working as Branch Manager Insurance Office a person can save up to 244 USD per month or 2,924 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 Vietnam, see costs of living in Vietnam.

Salary comparison to region and neighbouring coutries

Country's neighbours are: China, Laos, Cambodia.
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

China is 15,547 USDup arrow 221%
Details on Branch Manager Insurance Office salary in China
Cambodia is 2,049 USDdown arrow 58%
Details on Branch Manager Insurance Office salary in Cambodia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Vietnam

(1,060,162,317 VND per year, pre-tax.)
(882,505,502 VND per year, pre-tax.)
(848,402,543 VND per year, pre-tax.)
(826,108,653 VND per year, pre-tax.)
(824,710,642 VND per year, pre-tax.)
(807,448,368 VND per year, pre-tax.)
(806,831,947 VND per year, pre-tax.)
(806,462,612 VND per year, pre-tax.)
(802,962,540 VND per year, pre-tax.)
(802,935,962 VND per year, pre-tax.)

Data as of 2025

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optisalary.com provides salary figures exclusively for informational use. While we strive for correctness, we cannot ensure the validity of all figures. Users must verify salary details with reliable sources before making financial decisions. Salary estimates may fluctuate based on multiple factors, such as geographic location, experience, and job role. We accept no responsibility for errors in the salary estimates provided. By using optisalary.com, you acknowledge that salary data is not absolute.