Insurance

Product Development Specialist

Average monthly net salary in Estonia is

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80% of people earn:

1,439 - 2,494 EUR

10% earn less lthan 1,439 EUR

10% earns more than 2,494 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Palgad.ee salary survey, 80% of people on the Product Development Specialist position in the Estonia earn between 1,439 EUR and 2,494 EUR monthly net.

10% of employees earn less than 1,439 EUR and 10% of people earn more than 2,494 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Monitoring the insurance market, developing new products and submitting proposals for changes to existing products.
Completing the texts of contracts, insurance clauses and special arrangements.
Drawing up the guidelines and bylaws relating to a given class of insurance.
Analysing the rates of insurance, and monitoring and analysing the loss ratio of the products.
Preparing documents for the implementation of changes related to product innovation in the information system.
Preparing and completing methodical seminars for distribution networks.
Providing expert consultations on the products in a given class of insurance to other sections of the company.

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The most common career path of an employee

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Position Product Development Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

236. place

Women representation in position

55%

Average age of respondent by position

673. place

Porter, Information Staff

General labour

706 - 1,350 EUR

237. place

Real Estate Appraiser

Construction & Real Estate

1,131 - 2,862 EUR

236. place

Product Development Specialist

Insurance

1,439 - 2,494 EUR

235. place

Articled Clerk

Law & Legislation

1,287 - 2,665 EUR

1. place

Leasing Director

Leasing

2,008 - 8,570 EUR

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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