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Insurance

Product Development Specialist

Average monthly net salary in Estonia is
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80% of people earn:
1,556 - 2,697 USD
10% earn less lthan 1,556 USD
10% earns more than 2,697 USD

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 1,556 USD and 2,697 USD monthly net.

10% of employees earn less than 1,556 USD and 10% of people earn more than 2,697 USD.

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

37

673. place

Porter, Information Staff

General labour

Salary group 1

764 - 1,460 USD

237. place

Real Estate Appraiser

Construction & Real Estate

Salary group 2

1,223 - 3,095 USD

236. place

Product Development Specialist

Insurance

Salary group 2

1,556 - 2,697 USD

235. place

Articled Clerk

Law & Legislation

Salary group 2

1,392 - 2,882 USD

1. place

Leasing Director

Leasing

Salary group 3

2,172 - 9,268 USD

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