Insurance Average Salaries in Dundee 2026
How much money does a person working in Insurance make in Dundee?
LOW
25,800
GBP AVERAGE
68,700
GBP HIGH
134,000
GBP
A person working in Insurance in Dundee typically earns around 68,700 GBP. Salaries range from 25,800 GBP (lowest average) to 134,000 GBP (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Insurance domain in Dundee exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Insurance Jobs Pay Scale and Salaries in Dundee
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Insurance in Dundee range from 25,800 GBP (starting average salary) to 134,000 GBP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Insurance is 62,900 GBP, implying that half of the workforce in Dundee earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Insurance in Dundee earn less than 48,600 GBP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 76,100 GBP, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Insurance in Dundee. The analysis revealed that roughly 65% of all reported salaries fell within the range of 34,800 GBP to 58,900 GBP. Approximately 20% of salaries were below the 34,800 GBP mark, while 10% ranged from 58,900 GBP to 69,900 GBP. Only 5% of individuals earned a gross salary of 69,900 GBP or higher.