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Content:

• Retail Sales Executive at Allianz Nigeria Insurance Plc
• Top compensation consulting firms
• Insurance Job Vacancies in Nigeria 2022
• Jobs in Nigeria
• Insurance Companies Salary Structure: How Much Staff Earns (2022)
• Latest Insurance job vacancies in Nigeria
• Kkr analyst jobs
• Our Executives
• Vacancy!!! Technology Sales Executive at DevRecruit – Abuja & Lagos

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Retail Sales Executive at Allianz Nigeria Insurance Plc

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Insurance careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Insurance salaries in Nigeria range from , NGN per month minimum average salary to , NGN per month maximum average salary, actual maximum is higher.

The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement.

If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary. The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. A Master's degree program or any post-graduate program in Nigeria costs anywhere from 1,, Naira s to 5,, Naira s and lasts approximately two years.

That is quite an investment. You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it.

You should be able to recover the costs in roughly a year or so. Though gender should not have an effect on pay, in reality, it does.

So who gets paid more: men or women? You deserve a salary increment but you are not sure how to ask. Check our 25 sample Salary Increase Request emails. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. Listed above are the average annual increase rates for each industry in Nigeria for the year Companies within thriving industries tend to provide higher and more frequent raises.

Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently. Insurance is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course.

The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. The most standard form of bonus where the employee is awarded based on their exceptional performance. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone.

The amount of the bonus will probably be different from person to person depending on their role within the organization. Granted upon achieving an important goal or milestone. These types of bonuses are given without a reason and usually resemble an appreciation token. People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. Example: A graphics designer working for a graphics designing company. Example: A graphic designer in the marketing department of a hospital. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments.

The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid. The hourly wage is the salary paid in one worked hour.

Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs.

The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility.

Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Where can you get paid more, working for a private company or for the government? Browse Salaries. How much money does a person working in Insurance make in Nigeria?

Average Monthly Salary. What is the difference between the median and the average salary? Salary Comparison by Years of Experience How does a person's salary progress over time? Share This Chart. Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well.

The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title. Salary variations differ from person to person. Salary Comparison By Education How does the education level affect your salary? Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well.

The data displayed here is the combined average of multiple jobs. Is a Master's degree or an MBA worth it? Should you pursue higher education?

Percentage increase and decrease are relative to the previous value. How often do employees get salary raises? The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Types of Bonuses Considered Individual Performance-Based Bonuses The most standard form of bonus where the employee is awarded based on their exceptional performance. Company Performance Bonuses Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Goal-Based Bonuses Granted upon achieving an important goal or milestone. Bonuses Are Not Commissions!

We can't all generate revenue and that's perfectly fine. Government vs Private Sector Salary Comparison Where can you get paid more, working for a private company or for the government?

Private Sector , NGN. All Jobs » Insurance. Assistant Claims Manager. Associate Insurance Representative. Auditing Insurance Manager. Claims Adjuster.

Top compensation consulting firms

Recent Jobs in Abia. Recent Jobs in Abuja. Recent Jobs in Adamawa. Latest Insurance job vacancies in Nigeria. The Concept Group is a holding company for companies established in Duties and Responsibilities Develop strategies to det

Insurance Job Vacancies in Nigeria 2022

We believe that we can have a positive and lasting impact on Africa. Executives in Africa has had a positive impact on Africa through placing over high calibre business leaders across over 40 African locations. These leaders are building businesses that are delivering goods and services previously unavailable as well as providing employment for thousands across the continent. Read more The largest team of Search Experts focused purely on senior positions based in Africa. Are you an Organisation looking to hire Executives Senior Management Placing local national Africans as Country Managers in Kenya, Nigeria, Zambia and Benin for a high performance fertilizer multinational expanding across Africa aiming to support sustainable farming. Placing our first female African CEO within a Technology start-up in East Africa promoting high quality female African talent for the most senior leadership roles. Placing a CFO and Commercial Director for a start-up Solar company in Uganda to build a profitable business which will make solar power accessible across the region.

Jobs in Nigeria

Sign In. Find your dream home Wherever you are. If employees have to contribute to Expats in Africa earn most, but work world's longest hours. We recruit jobs in Africa for mining, NGO, finance, banking, engineering, etc.

Insurance Companies Salary Structure: How Much Staff Earns (2022)

Key Requirement for the Position Graduation with required skillset is mandatory. Key Requirement for the Position Technical qualification required with relevant experience in GI industry or vehicle workshop. Key Requirement for the Position must have knowledge of commercial insurance mainy in fire , engg, marine. Job Description underwriter in Commercial lines of insurance. LOB- fire , engg,. Job Description : 1.

Latest Insurance job vacancies in Nigeria

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Insurance careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Insurance salaries in Nigeria range from , NGN per month minimum average salary to , NGN per month maximum average salary, actual maximum is higher. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Closely related to the median are two values: the 25th and the 75th percentiles. Both are indicators.

Kkr analyst jobs

Next page. Type in your email Create alert. Company Description Vendease is a fast-moving consumer goods e-procurement platform for B2B clients in Nigeria, with a mission to ensure restaurants are free to focus on catering….

Our Executives

Posted: Jan Deadline: Jan Lagos. Alert Microfinance bank is a leading financial service provider with the core mandate of providing affordable, flexible financial and non-financ Read More.. Posted: Jan Deadline: Jan Abuja. Norrenberger is a leading, integrated financial services group that provides bespoke financial solutions that add value to our clients.

Vacancy!!! Technology Sales Executive at DevRecruit – Abuja & Lagos

Provisions and impairments. Mandatory Committed Cost Share or Matching. The data, which is collected from salary. They often serve in leadership roles and may educate and advise other nursing staff. A salary employee or salaried employee is paid a fixed amount of money each month. Pay structures.

The World Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations. Our core values articulate what we care about most. They guide how we work with each other, with our clients, and our partners.