Insurance Average Salaries in Stuttgart 2026
How much money does a person working in Insurance make in Stuttgart?
LOW
1,450
EUR AVERAGE
3,870
EUR HIGH
7,550
EUR
A person working in Insurance in Stuttgart typically earns around 3,870 EUR. Salaries range from 1,450 EUR (lowest average) to 7,550 EUR (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 Stuttgart 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 | 5,230 EUR |
| Actuarial Assistant | 3,620 EUR |
| Actuarial Specialist | 3,620 EUR |
| Actuary | 5,180 EUR |
| Adjustment Insurance Clerk | 1,330 EUR |
| Assistant Broker | 2,440 EUR |
| Assistant Claims Manager | 4,110 EUR |
| Associate Insurance Representative | 1,940 EUR |
| Auditing Insurance Manager | 5,810 EUR |
| Blockchain Insurance Auditor | 3,360 EUR |
| Broker | 3,790 EUR |
| Claim Advocacy Professional | 3,730 EUR |
| Claims Adjuster | 1,430 EUR |
| Claims Analyst | 1,970 EUR |
| Claims Examiner | 1,940 EUR |
| Claims Manager | 5,200 EUR |
| Claims Processor | 1,350 EUR |
| Claims Representative | 1,600 EUR |
| Claims Resolution Specialist | 3,950 EUR |
| Claims Supervisor | 3,910 EUR |
| Complaints Specialist | 3,620 EUR |
| Compliance Examiner | 3,710 EUR |
| Compliance Officer | 2,900 EUR |
| Compliance Reviewer | 3,610 EUR |
| Consultant | 3,910 EUR |
| Drone Claims Adjuster | 1,620 EUR |
| Eligibility Interviewer | 4,180 EUR |
| Eligibility Specialist | 3,900 EUR |
| Insurance Account Manager | 4,650 EUR |
| Insurance Accounts Executive | 3,950 EUR |
| Insurance Adjuster | 3,560 EUR |
| Insurance Agent | 2,190 EUR |
| Insurance Analyst | 3,750 EUR |
| Insurance Appraiser | 3,840 EUR |
| Insurance Claims Clerk | 1,400 EUR |
| Insurance Compliance Officer | 4,180 EUR |
| Insurance Data Scientist | 3,360 EUR |
| Insurance Examiner | 3,410 EUR |
| Insurance Fraud Investigator | 2,990 EUR |
| Insurance Investigator | 3,450 EUR |
| Insurance Manager | 6,400 EUR |
| Insurance Operations Manager | 6,520 EUR |
| Insurance Policy Processing Clerk | 1,340 EUR |
| Insurance Pricing Assistant | 2,840 EUR |
| Insurance Product Manager | 4,590 EUR |
| Insurance Program Manager | 4,720 EUR |
| Insurance Project Manager | 4,980 EUR |
| Insurance Quality Assurance Agent | 3,170 EUR |
| Insurance Sales Agent | 2,330 EUR |
| Insurance Sales Director | 6,290 EUR |
| Insurance Sales Manager | 4,740 EUR |
| Insurance Sales Representative | 2,010 EUR |
| Insurance Team Leader | 3,890 EUR |
| Insurance Underwriter | 2,760 EUR |
| Insurtech Analyst | 3,550 EUR |
| Loss Control Specialist | 3,570 EUR |
| Loss Prevention Investigator | 3,790 EUR |
| Loss Prevention Manager | 5,220 EUR |
| Loss Prevention Specialist | 4,160 EUR |
| Marine Underwriter | 2,930 EUR |
| Medical Auditor | 3,780 EUR |
| Monitoring and Performance Officer | 2,600 EUR |
| Parametric Insurance Specialist | 3,610 EUR |
| Payment Services Specialist | 3,650 EUR |
| Peer-to-Peer Insurance Manager | 4,340 EUR |
| Policy Change Director | 5,890 EUR |
| Policy Change Supervisor | 4,010 EUR |
| Policy Change Technician | 1,770 EUR |
| Risk Analyst | 4,380 EUR |
| Risk Management Director | 7,480 EUR |
| Risk Management Supervisor | 4,760 EUR |
| Risk Manager | 6,980 EUR |
| Risk Modeling Manager | 6,870 EUR |
| Social Media Risk Analyst | 3,850 EUR |
| Title Insurance Typist | 3,210 EUR |
| Training Manager | 4,270 EUR |
| Underwriting Assistant | 1,990 EUR |
Insurance Jobs Pay Scale and Salaries in Stuttgart
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 Stuttgart range from 1,450 EUR (starting average salary) to 7,550 EUR (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 3,400 EUR, implying that half of the workforce in Stuttgart 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 Stuttgart earn less than 2,630 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,110 EUR, 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 Stuttgart. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,880 EUR to 3,180 EUR. Approximately 20% of salaries were below the 1,880 EUR mark, while 10% ranged from 3,180 EUR to 3,770 EUR. Only 5% of individuals earned a gross salary of 3,770 EUR 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 Stuttgart 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 Stuttgart, 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 Germany costs anywhere from 19,100 EUR to 57,400 EUR 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 / Stuttgart
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 Germany, the average difference between the salary of male and female employees is 6%.
| Male | 3,890 EUR | |
| Female | -6% | 3,670 EUR |
Average Annual Salary Increment Percentage / Insurance / Stuttgart
How much are annual salary increments in Stuttgart for individuals working in Insurance? How often do employees get salary raises?
Professionals working in Insurance in Germany are likely to observe a salary increase of approximately 9% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 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 / Germany
How much and how often are bonuses being awarded?
41% of surveyed staff in Insurance reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 59% | |
| No Bonus | 41% |
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 / Stuttgart
The average hourly wage (pay per hour) in Insurance in Stuttgart is 22 EUR.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 Stuttgart is 8 EUR. 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 |
| Berlin | 4,300 EUR |
| Bremen | 3,730 EUR |
| Dortmund | 3,640 EUR |
| Dresden | 3,510 EUR |
| Dusseldorf | 3,950 EUR |
| Essen | 3,800 EUR |
| Frankfurt | 4,010 EUR |
| Hamburg | 4,230 EUR |
| Hannover | 3,430 EUR |
| Koln | 4,090 EUR |
| Leipzig | 3,580 EUR |
| Munchen | 4,160 EUR |
| Nurnberg | 3,360 EUR |
| Stuttgart | 3,870 EUR |
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 Germany is 5% on average across all career fields.
| Private Sector | 3,740 EUR | |
| Public Sector | +5% | 3,910 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Insurance in Stuttgart?
A good and competitive compensation would range anywhere between 3,400 EUR and 4,110 EUR. 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 Stuttgart ranges from 1,450 EUR to 2,630 EUR. 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.