Average Claims Adjuster Salary in Kyrgyzstan for 2024

In this article, we will look at the average Claims Adjuster salary for 2024 in Kyrgyzstan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Kyrgyzstani som. To keep things simple, we are using the KGS currency code instead of the currency symbol ั.

How Much Does a Claims Adjuster Make in Kyrgyzstan?

A Claims Adjuster working in Kyrgyzstan will typically earn around 93,340 KGS per year, and this can range from the lowest average salary of about 46,160 KGS to the highest average salary of 148,300 KGS.

Average Annual Salary
93,340 KGS
Average Monthly Salary
7,778 KGS

Lowest Annual Salary
46,160 KGS
Lowest Monthly Salary
3,846 KGS

Highest Annual Salary
148,300 KGS
Highest Monthly Salary
12,358 KGS

These are average salaries for a Claims Adjuster in Kyrgyzstan and include benefits such as housing and transport. It's also possible for a Claims Adjuster to earn more or less than the average salaries shown above.

Claims Adjuster salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Claims Adjuster Salaries in Kyrgyzstan

So we've looked at the average salaries a Claims Adjuster will earn in Kyrgyzstan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Claims Adjuster can earn between 46,160 KGS and 148,300 KGS on average in Kyrgyzstan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Claims Adjuster in Kyrgyzstan is 94,940 KGS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 94,940 KGS, and 50% of the population earn more than 94,940 KGS.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Claims Adjuster salary in Kyrgyzstan, 25% of the population are earning less than 64,720 KGS while 75% of the population earn more than 64,720 KGS.

75% of the population earn less than 125,100 KGS, and 25% of the population earn more than 125,100 KGS.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Claims Adjuster Salary by Experience Level in Kyrgyzstan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average claims adjuster salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Claims Adjuster in Kyrgyzstan that has less than two years of experience can expect to earn somewhere in the region of 52,880 KGS.
  • 2 - 5 Years Experience. With two to five years of experience the average Claims Adjuster salary would increase to 69,180 KGS.
  • 5 - 10 Years Experience. From five to ten years of experience as a Claims Adjuster, the average salary would be 96,500 KGS.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 119,860 KGS.
  • 15 - 20 Years Experience. A Claims Adjuster with 15 to 20 years of experience can earn an average of 129,000 KGS.
  • 20+ Years Experience. For a Claims Adjuster with more than 20 years, the expected average salary increases to 137,400 KGS.

Average Salary by Experience Chart

0-2 Years
52,880 KGS
2-5 Years +29%
69,180 KGS
5-10 Years +38%
96,500 KGS
10-15 Years +24%
119,860 KGS
15-20 Years +7%
129,000 KGS
20+ Years +7%
137,400 KGS

Claims Adjuster Salary by Education Level in Kyrgyzstan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Claims Adjuster in Kyrgyzstan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Claims Adjuster in Kyrgyzstan with a certificate or diploma education can earn an average salary of 69,180 KGS.

  • Bachelor's Degree. A Claims Adjuster in Kyrgyzstan with a bachelor's degree education can earn an average salary of 92,680 KGS.

  • Master's Degree. A Claims Adjuster in Kyrgyzstan with a master's degree education can earn an average salary of 142,300 KGS.

Average Salary by Education Chart

Certificate or Diploma
69,180 KGS
Bachelor's Degree +34%
92,680 KGS
Master's Degree +53%
142,300 KGS

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Kyrgyzstan is around 97,400 to 292,000 KGS and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Claims Adjuster Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Kyrgyzstan, a male claims adjuster will earn an average of 97,760 KGS, while a female claims adjuster will earn around 87,760 KGS.

This means that a male claims adjuster earns approximately 11% more than a female claims adjuster for performing the same job.

Average Salary by Gender Chart in Kyrgyzstan

Male
97,760 KGS
Female -11%
87,760 KGS

Claims Adjuster Average Pay Raise in Kyrgyzstan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Claims Adjuster in Kyrgyzstan is around 7% every 28 months.

The national average pay raise across all professions and industries in Kyrgyzstan is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Claims Adjuster in Kyrgyzstan can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Kyrgyzstan for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Kyrgyzstan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Claims Adjuster Bonus and Incentive Rates in Kyrgyzstan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Claims Adjuster is a low bonus based job, with 12% of employees reporting at least one bonus in the last 12 months.

88% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
12%
No Bonus
88%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Kyrgyzstan earn approximately 17% more than private sector employees in the same role.

Public Sector
254,700 KGS
Private Sector -17%
216,800 KGS

Salaries for Jobs Similar to a Claims Adjuster

In the table below, we have salary information for jobs that are similar to a Claims Adjuster in Kyrgyzstan.

Job Title Category Salary
Actuarial Analyst Insurance 332,500 KGS
Actuarial Assistant Insurance 239,000 KGS
Actuarial Specialist Insurance 218,900 KGS
Actuary Insurance 332,100 KGS
Adjustment Insurance Clerk Insurance 90,660 KGS
Assistant Broker Insurance 150,000 KGS
Assistant Claims Manager Insurance 263,100 KGS
Associate Insurance Representative Insurance 125,700 KGS
Auditing Insurance Manager Insurance 369,900 KGS
Broker Insurance 246,200 KGS
Claim Advocacy Professional Insurance 245,300 KGS
Claims Analyst Insurance 119,900 KGS
Claims Examiner Insurance 123,400 KGS
Claims Manager Insurance 340,000 KGS
Claims Processor Insurance 92,300 KGS
Claims Representative Insurance 102,960 KGS
Claims Resolution Specialist Insurance 266,000 KGS
Claims Supervisor Insurance 245,300 KGS
Complaints Specialist Insurance 212,500 KGS
Compliance Examiner Insurance 225,700 KGS
Compliance Officer Insurance 187,300 KGS
Compliance Reviewer Insurance 225,700 KGS
Consultant Insurance 233,900 KGS
Eligibility Interviewer Insurance 249,600 KGS
Eligibility Specialist Insurance 253,400 KGS
Insurance Account Manager Insurance 296,000 KGS
Insurance Accounts Executive Insurance 273,300 KGS
Insurance Adjuster Insurance 227,600 KGS
Insurance Agent Insurance 150,000 KGS
Insurance Analyst Insurance 225,300 KGS
Insurance Appraiser Insurance 249,600 KGS
Insurance Claims Clerk Insurance 86,760 KGS
Insurance Examiner Insurance 214,000 KGS
Insurance Investigator Insurance 225,700 KGS
Insurance Manager Insurance 411,400 KGS
Insurance Operations Manager Insurance 397,900 KGS
Insurance Policy Processing Clerk Insurance 90,980 KGS
Insurance Pricing Assistant Insurance 194,600 KGS
Insurance Program Manager Insurance 327,300 KGS
Insurance Project Manager Insurance 301,800 KGS
Insurance Quality Assurance Agent Insurance 207,800 KGS
Insurance Sales Agent Insurance 148,300 KGS
Insurance Sales Director Insurance 414,000 KGS
Insurance Sales Manager Insurance 317,700 KGS
Insurance Sales Representative Insurance 128,500 KGS
Insurance Team Leader Insurance 245,300 KGS
Insurance Underwriter Insurance 181,600 KGS
Loss Control Specialist Insurance 238,900 KGS
Loss Prevention Investigator Insurance 261,300 KGS
Loss Prevention Manager Insurance 335,100 KGS
Loss Prevention Specialist Insurance 251,500 KGS
Marine Underwriter Insurance 183,700 KGS
Medical Auditor Insurance 240,500 KGS
Monitoring and Performance Officer Insurance 161,300 KGS
Payment Services Specialist Insurance 249,600 KGS
Policy Change Director Insurance 367,900 KGS
Policy Change Supervisor Insurance 258,400 KGS
Policy Change Technician Insurance 117,440 KGS
Risk Analyst Insurance 279,400 KGS
Risk Management Director Insurance 444,300 KGS
Risk Management Supervisor Insurance 292,000 KGS
Risk Manager Insurance 440,200 KGS
Risk Modeling Manager Insurance 447,700 KGS
Title Insurance Typist Insurance 204,700 KGS
Training Manager Insurance 259,100 KGS

Salary Comparison by City

If you want to compare salaries with different cities in Kyrgyzstan, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bishkek 101,840 KGS

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