How Much Does a Bank Insurance Manager Earn in Turkey?
According to ElemanBuldum.com data, the average monthly salary for a Bank Insurance Manager in Turkey is approximately 117,372 TRY as of September 2025. Salaries for this position typically range from a low of 90,928 TRY to a high of 149,379 TRY. The final salary can vary depending on the employees years of experience, the company, and the city of employment.
The Bank Insurance Manager salary is calculated and published based on salary information shared by job seekers in their resumes and salary figures specified by employers in job postings.
According to September 2025 data, a Bank Insurance Manager earns an average monthly salary of 117,372 TRY (approximately $2,829 / €2,394).
0-2 Years Experience
72,771 TRY
2-5 Years Experience
117,372 TRY
5+ Years Experience
177,232 TRY
Bank Insurance Manager Salary Distribution by Year
| Year | Lowest Salary | Average Salary | Highest Salary |
|---|---|---|---|
| 2025 | 90,928.00 TRY | 117,372.00 TRY | 149,379.00 TRY |
| 2024 | 50,919.68 TRY | 65,728.32 TRY | 83,652.24 TRY |
| 2023 | 20,913.44 TRY | 26,995.56 TRY | 34,357.17 TRY |
| 2022 | 11,820.64 TRY | 15,258.36 TRY | 19,419.27 TRY |
| 2021 | 8,183.52 TRY | 10,563.48 TRY | 13,444.11 TRY |
Average Bank Insurance Manager Salary Differences by City
Salaries for those working as a Bank Insurance Manager can vary significantly in a large and diverse country like Turkey due to different living conditions and economic factors in each city. While salaries are expected to be higher in major metropolitan areas due to the high cost of living, there may be additional payments or incentives in regions experiencing a shortage of personnel.
| City / Region | Average Salary |
|---|---|
| İstanbul | 137,325.24 TRY |
| Ankara | 131,456.64 TRY |
| İzmir | 124,414.32 TRY |
| Kocaeli, Sakarya, Düzce, Bolu, Yalova | 119,719.44 TRY |
| Edirne, Kırklareli, Tekirdağ | 116,198.28 TRY |
| Trabzon, Ordu, Giresun, Rize, Artvin | 103,287.36 TRY |
| Bursa, Eskişehir, Bilecik | 95,071.32 TRY |
| Aydın, Denizli, Muğla | 102,113.64 TRY |
| Adana, Mersin | 109,155.96 TRY |
| Balıkesir, Çanakkale | 98,592.48 TRY |
| Antalya, Isparta, Burdur | 96,245.04 TRY |
Bank Insurance Manager Salaries by Sector
This table shows the salary levels for those working as a Bank Insurance Manager by sector. The salary level varies depending on factors such as the size of the sector, its emphasis on technological advancements, and the company's revenue, sales, export figures, and number of employees. Analyses from the last 3 months show that salaries increase in direct proportion to the company's size and revenue.
| Sector Name | Average Salary |
|---|---|
| Banking and Finance: Commercial Banking, Investment Banking | 130,282.92 TRY |
| Technology: Electronics, Software, Hardware, Communication, Fintech | 142,020.12 TRY |
| Energy: Oil, Gas, Renewable Energy | 122,066.88 TRY |
| Automotive: Vehicle Manufacturing, Automotive Parts | 113,850.84 TRY |
| Pharmaceuticals: Drug Manufacturing, Biotechnology | 98,592.48 TRY |
| Chemicals: Industrial Chemicals, Plastics, Rubber | 96,245.04 TRY |
| Defense and Aerospace: Military Equipment, Aircraft Manufacturing | 147,888.72 TRY |
| Machinery and Equipment Manufacturing: Industrial Machines, Automation | 112,677.12 TRY |
| Construction and Real Estate: Infrastructure, Housing | 103,287.36 TRY |
| Food and Beverage: Packaged Food, Drinks, Meat and Dairy | 95,071.32 TRY |
| Textile and Apparel: Ready-to-wear, Fabric Production | 96,245.04 TRY |
| Retail: Food Retail, Electronics, Clothing Stores | 99,766.20 TRY |
| Logistics and Transportation: Shipping Services, Warehousing | 99,766.20 TRY |
| Agriculture: Crop Production, Livestock | 104,461.08 TRY |
| Restaurant and Food Services: Catering, Fast Food Chains | 98,592.48 TRY |
Frequently Asked Questions about Bank Insurance Manager Salaries
What is the average salary for a Bank Insurance Manager in Turkey?
As of September 2025, the average salary for a Bank Insurance Manager is 117,372 TRY (approximately $2,829 / €2,394).
The salary ranges from a low of 90,928 TRY to a high of 149,379 TRY.
What factors affect a Bank Insurance Manager's salary?
The main factors affecting the salary of a Bank Insurance Manager are:
- Years of experience (0-2 years: 72,771 TRY, 5+ years: 177,232 TRY)
- The sector they work in (Technology sector: +21%, Agriculture sector: -19%)
- Company size
- Geographic location (Istanbul: +17%, Other Anatolian cities: -12%)
- Specific skills and certifications
How often are Bank Insurance Manager salaries updated?
Our salary data is updated on a weekly basis. The last update was on: September 22, 2025
In the last month, 332 people have contributed to our database by sharing their salary information.
Which sectors pay the highest salaries for a Bank Insurance Manager?
The top 3 highest-paying sectors for a Bank Insurance Manager are:
- Defense and Aerospace: 147,889 TRY (+26%)
- Technology Sector: 142,020 TRY (+21%)
- Banking and Finance: 130,283 TRY (+11%)
How do Bank Insurance Manager salaries change by city?
Average salary differences by city are:
- Istanbul: 137,325 TRY (+17%)
- Ankara: 131,457 TRY (+12%)
- Izmir: 124,414 TRY (+6%)
- Other cities: 99,766 TRY (-15%)