Insurance Manager Salary Analysis and Details
How much is the salary for a Insurance Manager as of August 2025? The 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 August 2025 data, a Insurance Manager earns an average monthly salary of 196,726 TRY (approximately $4,800 / €4,092).
0-2 Years Experience
121,970 TRY
2-5 Years Experience
196,726 TRY
5+ Years Experience
297,056 TRY
Insurance Manager Salary Distribution by Year
| Year | Lowest Salary | Average Salary | Highest Salary |
|---|---|---|---|
| 2025 | 157,381.00 TRY | 196,726.00 TRY | 255,744.00 TRY |
| 2024 | 88,133.36 TRY | 110,166.56 TRY | 143,216.64 TRY |
| 2023 | 36,197.63 TRY | 45,246.98 TRY | 58,821.12 TRY |
| 2022 | 20,459.53 TRY | 25,574.38 TRY | 33,246.72 TRY |
| 2021 | 14,164.29 TRY | 17,705.34 TRY | 23,016.96 TRY |
Average Insurance Manager Salary Differences by City
Salaries for those working as a 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 | 230,169.42 TRY |
| Ankara | 220,333.12 TRY |
| İzmir | 208,529.56 TRY |
| Kocaeli, Sakarya, Düzce, Bolu, Yalova | 200,660.52 TRY |
| Edirne, Kırklareli, Tekirdağ | 194,758.74 TRY |
| Trabzon, Ordu, Giresun, Rize, Artvin | 173,118.88 TRY |
| Bursa, Eskişehir, Bilecik | 159,348.06 TRY |
| Aydın, Denizli, Muğla | 171,151.62 TRY |
| Adana, Mersin | 182,955.18 TRY |
| Balıkesir, Çanakkale | 165,249.84 TRY |
| Antalya, Isparta, Burdur | 161,315.32 TRY |
Insurance Manager Salaries by Sector
This table shows the salary levels for those working as a 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 | 218,365.86 TRY |
| Technology: Electronics, Software, Hardware, Communication, Fintech | 238,038.46 TRY |
| Energy: Oil, Gas, Renewable Energy | 204,595.04 TRY |
| Automotive: Vehicle Manufacturing, Automotive Parts | 190,824.22 TRY |
| Pharmaceuticals: Drug Manufacturing, Biotechnology | 165,249.84 TRY |
| Chemicals: Industrial Chemicals, Plastics, Rubber | 161,315.32 TRY |
| Defense and Aerospace: Military Equipment, Aircraft Manufacturing | 247,874.76 TRY |
| Machinery and Equipment Manufacturing: Industrial Machines, Automation | 188,856.96 TRY |
| Construction and Real Estate: Infrastructure, Housing | 173,118.88 TRY |
| Food and Beverage: Packaged Food, Drinks, Meat and Dairy | 159,348.06 TRY |
| Textile and Apparel: Ready-to-wear, Fabric Production | 161,315.32 TRY |
| Retail: Food Retail, Electronics, Clothing Stores | 167,217.10 TRY |
| Logistics and Transportation: Shipping Services, Warehousing | 167,217.10 TRY |
| Agriculture: Crop Production, Livestock | 175,086.14 TRY |
| Restaurant and Food Services: Catering, Fast Food Chains | 165,249.84 TRY |
Frequently Asked Questions about Insurance Manager Salaries
What is the average salary for a Insurance Manager in Turkey?
As of August 2025, the average salary for a Insurance Manager is 196,726 TRY (approximately $4,800 / €4,092).
The salary ranges from a low of 157,381 TRY to a high of 255,744 TRY.
What factors affect a Insurance Manager's salary?
The main factors affecting the salary of a Insurance Manager are:
- Years of experience (0-2 years: 121,970 TRY, 5+ years: 297,056 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 Insurance Manager salaries updated?
Our salary data is updated on a weekly basis. The last update was on: August 24, 2025
In the last month, 298 people have contributed to our database by sharing their salary information.
Which sectors pay the highest salaries for a Insurance Manager?
The top 3 highest-paying sectors for a Insurance Manager are:
- Defense and Aerospace: 247,875 TRY (+26%)
- Technology Sector: 238,038 TRY (+21%)
- Banking and Finance: 218,366 TRY (+11%)
How do Insurance Manager salaries change by city?
Average salary differences by city are:
- Istanbul: 230,169 TRY (+17%)
- Ankara: 220,333 TRY (+12%)
- Izmir: 208,530 TRY (+6%)
- Other cities: 167,217 TRY (-15%)