🇳🇬 Market Updated March 2, 2026

Insurance Salaries in Nigeria

Explore comprehensive salary data, career paths, and job opportunities in the insurance sector across Nigeria based on real-time market data.

Avg Category Salary / year
4,043,003 NGN
Highest Salary / year
7,801,800 NGN
Entry Level / year
1,428,800 NGN

Job Roles & Compensation

Job TitleSalary / year (NGN)Salary / year (USD)National Tier
Risk Management Director 7,801,800 NGN $5,974.74 Top 10%
Risk Manager 7,618,900 NGN $5,834.67 Top 10%
Risk Modeling Manager 7,309,600 NGN $5,597.8 Top 10%
Insurance Sales Director 6,901,600 NGN $5,285.35 Top 10%
Insurance Manager 6,840,100 NGN $5,238.25 Top 10%
Insurance Operations Manager 6,613,100 NGN $5,064.41 Top 10%
Policy Change Director 6,360,600 NGN $4,871.04 Top 10%
Auditing Insurance Manager 5,926,600 NGN $4,538.68 Top 10%
Claims Manager 5,818,100 NGN $4,455.59 Top 10%
Actuary 5,614,600 NGN $4,299.75 Middle 40%
Loss Prevention Manager 5,591,900 NGN $4,282.36 Middle 40%
Insurance Program Manager 5,507,100 NGN $4,217.42 Middle 40%
Insurance Sales Manager 5,423,100 NGN $4,153.09 Middle 40%
Actuarial Analyst 5,340,600 NGN $4,089.91 Middle 40%
Insurance Project Manager 5,183,700 NGN $3,969.76 Middle 40%
Insurance Account Manager 5,063,200 NGN $3,877.48 Middle 40%
Risk Management Supervisor 4,822,700 NGN $3,693.3 Middle 40%
Risk Analyst 4,690,500 NGN $3,592.06 Middle 40%
Insurance Accounts Executive 4,548,600 NGN $3,483.39 Middle 40%
Loss Prevention Specialist 4,332,900 NGN $3,318.2 Middle 40%
Claims Resolution Specialist 4,282,500 NGN $3,279.6 Middle 40%
Training Manager 4,270,100 NGN $3,270.11 Middle 40%
Assistant Claims Manager 4,260,400 NGN $3,262.68 Middle 40%
Policy Change Supervisor 4,211,600 NGN $3,225.31 Middle 40%
Broker 4,176,700 NGN $3,198.58 Middle 40%
Claim Advocacy Professional 4,162,800 NGN $3,187.94 Middle 40%
Loss Prevention Investigator 4,162,800 NGN $3,187.94 Middle 40%
Claims Supervisor 4,140,900 NGN $3,171.16 Middle 40%
Eligibility Interviewer 4,140,900 NGN $3,171.16 Middle 40%
Consultant 4,067,600 NGN $3,115.03 Middle 40%
Insurance Team Leader 4,056,200 NGN $3,106.3 Middle 40%
Loss Control Specialist 4,032,100 NGN $3,087.84 Middle 40%
Medical Auditor 4,032,100 NGN $3,087.84 Middle 40%
Eligibility Specialist 4,019,900 NGN $3,078.5 Middle 40%
Insurance Appraiser 4,019,900 NGN $3,078.5 Middle 40%
Payment Services Specialist 4,019,900 NGN $3,078.5 Middle 40%
Actuarial Assistant 3,970,700 NGN $3,040.82 Middle 40%
Insurance Adjuster 3,875,100 NGN $2,967.61 Middle 40%
Actuarial Specialist 3,863,700 NGN $2,958.88 Middle 40%
Compliance Examiner 3,863,700 NGN $2,958.88 Middle 40%
Insurance Analyst 3,755,300 NGN $2,875.87 Middle 40%
Insurance Examiner 3,733,300 NGN $2,859.02 Middle 40%
Insurance Investigator 3,672,500 NGN $2,812.46 Middle 40%
Compliance Reviewer 3,648,200 NGN $2,793.85 Middle 40%
Insurance Quality Assurance Agent 3,553,500 NGN $2,721.32 Middle 40%
Complaints Specialist 3,539,100 NGN $2,710.3 Middle 40%
Title Insurance Typist 3,503,800 NGN $2,683.26 Middle 40%
Compliance Officer 3,263,500 NGN $2,499.24 Middle 40%
Insurance Pricing Assistant 3,132,800 NGN $2,399.15 Middle 40%
Marine Underwriter 3,108,200 NGN $2,380.31 Middle 40%
Insurance Underwriter 3,085,500 NGN $2,362.92 Middle 40%
Monitoring and Performance Officer 2,854,700 NGN $2,186.17 Middle 40%
Insurance Agent 2,495,600 NGN $1,911.17 Middle 40%
Assistant Broker 2,447,200 NGN $1,874.1 Middle 40%
Insurance Sales Agent 2,352,500 NGN $1,801.58 Middle 40%
Insurance Sales Representative 2,184,900 NGN $1,673.23 Middle 40%
Claims Analyst 2,110,600 NGN $1,616.33 Middle 40%
Associate Insurance Representative 2,065,400 NGN $1,581.71 Middle 40%
Claims Examiner 2,015,600 NGN $1,543.58 Middle 40%
Policy Change Technician 2,003,200 NGN $1,534.08 Middle 40%
Claims Representative 1,825,000 NGN $1,397.61 Middle 40%
Claims Adjuster 1,570,900 NGN $1,203.02 Middle 40%
Adjustment Insurance Clerk 1,547,500 NGN $1,185.1 Middle 40%
Insurance Policy Processing Clerk 1,537,500 NGN $1,177.44 Middle 40%
Claims Processor 1,464,200 NGN $1,121.31 Middle 40%
Insurance Claims Clerk 1,428,800 NGN $1,094.2 Middle 40%

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