Insurance

Insurance administrator

The average monthly net salary in Latvia is

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80% of people earn:

854 - 2,055 EUR

10% earn less lthan 854 EUR

10% earns more than 2,055 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Insurance administrator position in the Latvia earn between 854 EUR and 2,055 EUR monthly net.

10% of employees earn less than 854 EUR and 10% of people earn more than 2,055 EUR.

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

Description of job position

Checking the accuracy and completeness of contracts and their amendments, their processing in the information system and intervening in incorrect contracts.
Processing the technical and nontechnical changes in contracts.
Supplementing insurance premiums, and entering premium accountings into the information system.
Identifying and pairing the received payments with the premium regulations.
Sending reminders and calls regarding the monthly accounting and outstanding premium payments to clients.
Processing unused insurance premium and premium overpayments (calculation and payment to clients).
Cancelling, terminating and extending insurance contracts.
Preparing documents for bookkeeping.
Keeping a register of contracts in accordance with the applicable registration regulations of the company.
Communicating with clients and distribution networks regarding the management of insurance policies.

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The most common career path of an employee

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Position: Insurance administrator - Insurance

The job position is
in the salary ranking on

442 place

Women representation in position

n/a

Average age of respondent in position

n/a

662. place

General Labourer

General labour

507 - 1,479 EUR

443. place

Administrative Worker

Administration

786 - 2,038 EUR

442. place

Insurance administrator

Insurance

854 - 2,055 EUR

441. place

Cost Accountant

Economy, Finance, Accountancy

970 - 1,913 EUR

1. place

Pilot

Transport, Haulage, Logistics

2,427 - 8,828 EUR

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Distribution of respondents into wage bands
Salary range from 1st to 9th decile
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Analysis of financial benefits

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