BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs

Insurance Average Salaries in Ethiopia 2026

How much money does a person working in Insurance make in Ethiopia?


Average Monthly Salary
8,820 ETB
( 106,000 ETB yearly)

LOW
3,310
ETB AVERAGE
8,820
ETB HIGH
17,200
ETB
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Insurance in Ethiopia typically earns around 8,820 ETB. Salaries range from 3,310 ETB (lowest average) to 17,200 ETB (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 Ethiopia 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 Ethiopia

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.

  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Insurance in Ethiopia range from 3,310 ETB (starting average salary) to 17,200 ETB (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 7,830 ETB, implying that half of the workforce in Ethiopia 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 Ethiopia earn less than 6,050 ETB, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 9,460 ETB, 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 Ethiopia. The analysis revealed that roughly 65% of all reported salaries fell within the range of 4,330 ETB to 7,330 ETB. Approximately 20% of salaries were below the 4,330 ETB mark, while 10% ranged from 7,330 ETB to 8,690 ETB. Only 5% of individuals earned a gross salary of 8,690 ETB or higher.