Insurance Average Salaries in Mombasa 2026
How much money does a person working in Insurance make in Mombasa?
LOW
59,500
KES AVERAGE
159,000
KES HIGH
310,000
KES
A person working in Insurance in Mombasa typically earns around 159,000 KES. Salaries range from 59,500 KES (lowest average) to 310,000 KES (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 Mombasa 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.
Salaries for specific jobs
| Job Title | Average Salary |
| Insurance | |
| Actuarial Analyst | 198,000 KES |
| Actuarial Assistant | 152,000 KES |
| Actuarial Specialist | 152,000 KES |
| Actuary | 214,000 KES |
| Adjustment Insurance Clerk | 55,700 KES |
| Assistant Broker | 99,100 KES |
| Assistant Claims Manager | 173,000 KES |
| Associate Insurance Representative | 80,200 KES |
| Auditing Insurance Manager | 220,000 KES |
| Blockchain Insurance Auditor | 149,000 KES |
| Broker | 158,000 KES |
| Claim Advocacy Professional | 150,000 KES |
| Claims Adjuster | 59,900 KES |
| Claims Analyst | 82,900 KES |
| Claims Examiner | 81,800 KES |
| Claims Manager | 219,000 KES |
| Claims Processor | 57,000 KES |
| Claims Representative | 68,200 KES |
| Claims Resolution Specialist | 159,000 KES |
| Claims Supervisor | 150,000 KES |
| Complaints Specialist | 136,000 KES |
| Compliance Examiner | 145,000 KES |
| Compliance Officer | 122,000 KES |
| Compliance Reviewer | 142,000 KES |
| Consultant | 153,000 KES |
| Drone Claims Adjuster | 65,600 KES |
| Eligibility Interviewer | 159,000 KES |
| Eligibility Specialist | 150,000 KES |
| Insurance Account Manager | 192,000 KES |
| Insurance Accounts Executive | 166,000 KES |
| Insurance Adjuster | 140,000 KES |
| Insurance Agent | 90,500 KES |
| Insurance Analyst | 144,000 KES |
| Insurance Appraiser | 157,000 KES |
| Insurance Claims Clerk | 57,400 KES |
| Insurance Compliance Officer | 181,000 KES |
| Insurance Data Scientist | 146,000 KES |
| Insurance Examiner | 140,000 KES |
| Insurance Fraud Investigator | 130,000 KES |
| Insurance Investigator | 142,000 KES |
| Insurance Manager | 262,000 KES |
| Insurance Operations Manager | 254,000 KES |
| Insurance Policy Processing Clerk | 55,200 KES |
| Insurance Pricing Assistant | 122,000 KES |
| Insurance Product Manager | 181,000 KES |
| Insurance Program Manager | 210,000 KES |
| Insurance Project Manager | 195,000 KES |
| Insurance Quality Assurance Agent | 134,000 KES |
| Insurance Sales Agent | 96,300 KES |
| Insurance Sales Director | 264,000 KES |
| Insurance Sales Manager | 206,000 KES |
| Insurance Sales Representative | 83,200 KES |
| Insurance Team Leader | 156,000 KES |
| Insurance Underwriter | 111,000 KES |
| Insurtech Analyst | 140,000 KES |
| Loss Control Specialist | 146,000 KES |
| Loss Prevention Investigator | 155,000 KES |
| Loss Prevention Manager | 214,000 KES |
| Loss Prevention Specialist | 171,000 KES |
| Marine Underwriter | 112,000 KES |
| Medical Auditor | 155,000 KES |
| Monitoring and Performance Officer | 112,000 KES |
| Parametric Insurance Specialist | 156,000 KES |
| Payment Services Specialist | 149,000 KES |
| Peer-to-Peer Insurance Manager | 190,000 KES |
| Policy Change Director | 251,000 KES |
| Policy Change Supervisor | 171,000 KES |
| Policy Change Technician | 75,700 KES |
| Risk Analyst | 170,000 KES |
| Risk Management Director | 291,000 KES |
| Risk Management Supervisor | 186,000 KES |
| Risk Manager | 301,000 KES |
| Risk Modeling Manager | 297,000 KES |
| Social Media Risk Analyst | 167,000 KES |
| Title Insurance Typist | 139,000 KES |
| Training Manager | 173,000 KES |
| Underwriting Assistant | 76,400 KES |
Insurance Jobs Pay Scale and Salaries in Mombasa
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 Mombasa range from 59,500 KES (starting average salary) to 310,000 KES (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 149,000 KES, implying that half of the workforce in Mombasa 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 Mombasa earn less than 115,000 KES, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 181,000 KES, 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 Mombasa. The analysis revealed that roughly 65% of all reported salaries fell within the range of 82,700 KES to 140,000 KES. Approximately 20% of salaries were below the 82,700 KES mark, while 10% ranged from 140,000 KES to 166,000 KES. Only 5% of individuals earned a gross salary of 166,000 KES or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Insurance in Mombasa having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Salary Comparison By Education
How does the education level affect your salary?
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Insurance in Mombasa, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Kenya costs anywhere from 737,000 KES to 2.2M KES and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Insurance / Mombasa
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Insurance in Kenya, the average difference between the salary of male and female employees is 10%.
| Male | 151,000 KES | |
| Female | -9% | 137,000 KES |
Average Annual Salary Increment Percentage / Insurance / Mombasa
How much are annual salary increments in Mombasa for individuals working in Insurance? How often do employees get salary raises?
Professionals working in Insurance in Kenya are likely to observe a salary increase of approximately 5% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Insurance / Kenya
How much and how often are bonuses being awarded?
64% of surveyed staff in Insurance reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 36% | |
| No Bonus | 64% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Hourly Average Wage / Insurance / Mombasa
The average hourly wage (pay per hour) in Insurance in Mombasa is 910 KES.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Insurance in Mombasa is 340 KES. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
| City | Average Salary |
| Kisumu | 141,000 KES |
| Mombasa | 159,000 KES |
| Nairobi | 173,000 KES |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Kenya is 14% on average across all career fields.
| Private Sector | 140,000 KES | |
| Public Sector | +14% | 159,000 KES |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Insurance in Mombasa?
A good and competitive compensation would range anywhere between 149,000 KES and 181,000 KES. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
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.
Base / Basic Salary
The base salary for jobs in Insurance in Mombasa ranges from 59,500 KES to 115,000 KES. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios.