Average Insurance Adjuster Salary in Maldives for 2026

In this article, we will look at the average Insurance Adjuster salary for 2026 in Maldives 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 Maldivian rufiyaa. To keep things simple, we are using the MVR currency code instead of the currency symbol .

How Much Does an Insurance Adjuster Make in Maldives?

An Insurance Adjuster working in Maldives will typically earn around 227,600 MVR per year, and this can range from the lowest average salary of about 115,400 MVR to the highest average salary of 351,900 MVR.

Average Annual Salary227,600 MVR
Average Monthly Salary18,966 MVR
Average Lowest Salary115,400 MVR
Lowest Monthly Salary9,616 MVR
Average Highest Salary351,900 MVR
Highest Monthly Salary29,325 MVR

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

Insurance 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 Insurance Adjuster Salaries in Maldives

So we've looked at the average salaries an Insurance Adjuster will earn in Maldives. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Insurance Adjuster can earn between 115,400 MVR and 351,900 MVR on average in Maldives. 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 an Insurance Adjuster in Maldives is 221,500 MVR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 221,500 MVR, and 50% of the population earn more than 221,500 MVR.

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 Insurance Adjuster salary in Maldives, 25% of the population are earning less than 152,000 MVR while 75% of the population earn more than 152,000 MVR.

75% of the population earn less than 283,400 MVR, and 25% of the population earn more than 283,400 MVR.

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.

Insurance Adjuster Salary by Experience Level in Maldives

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 Insurance 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. An Insurance Adjuster in Maldives that has less than two years of experience can expect to earn somewhere in the region of 128,900 MVR.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Adjuster salary would increase to 172,200 MVR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Adjuster, the average salary would be 238,900 MVR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 288,100 MVR.
  • 15 - 20 Years Experience. An Insurance Adjuster with 15 to 20 years of experience can earn an average of 311,700 MVR.
  • 20+ Years Experience. For an Insurance Adjuster with more than 20 years, the expected average salary increases to 335,800 MVR.

Average Salary by Experience Chart

0-2 Years-
128,900 MVR
2-5 Years+31%
172,200 MVR
5-10 Years+40%
238,900 MVR
10-15 Years+20%
288,100 MVR
15-20 Years+9%
311,700 MVR
20+ Years+8%
335,800 MVR

Insurance Adjuster Salary by Education Level in Maldives

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 an Insurance Adjuster in Maldives 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. An Insurance Adjuster in Maldives with a certificate or diploma education can earn an average salary of 152,300 MVR.
  • Bachelor's Degree. An Insurance Adjuster in Maldives with a bachelor's degree education can earn an average salary of 277,400 MVR.

Average Salary by Education Chart

Certificate or Diploma-
152,300 MVR
Bachelor's Degree+81%
277,400 MVR

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 Maldives is around 95,600 to 287,000 MVR 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.

Insurance 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 Maldives, a male insurance adjuster will earn an average of 245,300 MVR, while a female insurance adjuster will earn around 210,500 MVR.

This means that a male insurance adjuster earns approximately 17% more than a female insurance adjuster for performing the same job.

Average Salary by Gender Chart in Maldives

Male-
245,300 MVR
Female-17%
210,500 MVR

Insurance Adjuster Average Pay Raise in Maldives

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 an Insurance Adjuster in Maldives is around 7% every 29 months.

The national average pay raise across all professions and industries in Maldives is around 4% every 29 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 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Maldives for 2026

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

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

Banking-
5%
Energy-
1%
Information Technology-
6%
Healthcare-
2%
Travel-
7%
Construction-
3%
Education-
8%

Insurance Adjuster Bonus and Incentive Rates in Maldives

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.

An Insurance Adjuster is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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 1% to 3%.

Received Bonus-
11%
No Bonus-
89%

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 Maldives earn approximately 8% more than private sector employees in the same role.

Public Sector-
237,400 MVR
Private Sector-8%
218,900 MVR

Salaries for Jobs Similar to an Insurance Adjuster

In the table below, we have salary information for jobs that are similar to an Insurance Adjuster in Maldives.

Job TitleCategorySalary
Actuarial AnalystInsurance325,900 MVR
Actuarial AssistantInsurance214,000 MVR
Actuarial SpecialistInsurance225,700 MVR
ActuaryInsurance297,000 MVR
Adjustment Insurance ClerkInsurance86,640 MVR
Assistant BrokerInsurance148,300 MVR
Assistant Claims ManagerInsurance263,900 MVR
Associate Insurance RepresentativeInsurance116,780 MVR
Auditing Insurance ManagerInsurance361,500 MVR
BrokerInsurance225,300 MVR
Claim Advocacy ProfessionalInsurance227,600 MVR
Claims AdjusterInsurance83,100 MVR
Claims AnalystInsurance123,400 MVR
Claims ExaminerInsurance127,700 MVR
Claims ManagerInsurance317,700 MVR
Claims ProcessorInsurance86,740 MVR
Claims RepresentativeInsurance102,380 MVR
Claims Resolution SpecialistInsurance252,300 MVR
Claims SupervisorInsurance238,900 MVR
Complaints SpecialistInsurance207,700 MVR
Compliance ExaminerInsurance216,800 MVR
Compliance OfficerInsurance180,500 MVR
Compliance ReviewerInsurance222,300 MVR
ConsultantInsurance228,000 MVR
Eligibility InterviewerInsurance246,200 MVR
Eligibility SpecialistInsurance225,300 MVR
Insurance Account ManagerInsurance301,800 MVR
Insurance Accounts ExecutiveInsurance257,700 MVR
Insurance AgentInsurance138,800 MVR
Insurance AnalystInsurance228,500 MVR
Insurance AppraiserInsurance227,600 MVR
Insurance Claims ClerkInsurance85,700 MVR
Insurance ExaminerInsurance218,900 MVR
Insurance InvestigatorInsurance210,500 MVR
Insurance ManagerInsurance396,300 MVR
Insurance Operations ManagerInsurance403,100 MVR
Insurance Policy Processing ClerkInsurance87,000 MVR
Insurance Pricing AssistantInsurance187,300 MVR
Insurance Program ManagerInsurance315,900 MVR
Insurance Project ManagerInsurance292,000 MVR
Insurance Quality Assurance AgentInsurance194,600 MVR
Insurance Sales AgentInsurance143,200 MVR
Insurance Sales DirectorInsurance371,100 MVR
Insurance Sales ManagerInsurance301,700 MVR
Insurance Sales RepresentativeInsurance116,180 MVR
Insurance Team LeaderInsurance252,300 MVR
Insurance UnderwriterInsurance169,000 MVR
Loss Control SpecialistInsurance221,500 MVR
Loss Prevention InvestigatorInsurance247,800 MVR
Loss Prevention ManagerInsurance325,800 MVR
Loss Prevention SpecialistInsurance245,300 MVR
Marine UnderwriterInsurance180,300 MVR
Medical AuditorInsurance233,600 MVR
Monitoring and Performance OfficerInsurance169,000 MVR
Payment Services SpecialistInsurance238,900 MVR
Policy Change DirectorInsurance372,600 MVR
Policy Change SupervisorInsurance239,000 MVR
Policy Change TechnicianInsurance111,920 MVR
Risk AnalystInsurance273,300 MVR
Risk Management DirectorInsurance440,200 MVR
Risk Management SupervisorInsurance294,300 MVR
Risk ManagerInsurance450,300 MVR
Risk Modeling ManagerInsurance420,100 MVR
Title Insurance TypistInsurance207,700 MVR
Training ManagerInsurance258,400 MVR

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