Average Insurance Adjuster Salary in Mostar, Bosnia and Herzegovina for 2026

In this article, we will look at the average Insurance Adjuster salary for 2026 in Mostar 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 Bosnia and Herzegovina convertible mark. To keep things simple, we are using the BAM currency code instead of the currency symbol .

How Much Does an Insurance Adjuster Make in Mostar?

An Insurance Adjuster working in Mostar will typically earn around 25,680 BAM per year, and this can range from the lowest average salary of about 13,660 BAM to the highest average salary of 38,700 BAM.

Average Annual Salary25,680 BAM
Average Monthly Salary2,140 BAM
Average Lowest Salary13,660 BAM
Lowest Monthly Salary1,138 BAM
Average Highest Salary38,700 BAM
Highest Monthly Salary3,225 BAM

These are average salaries for an Insurance Adjuster in Mostar 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 Mostar

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

Salary ranges

We already know that an Insurance Adjuster can earn between 13,660 BAM and 38,700 BAM on average in Mostar. 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 Mostar is 25,720 BAM. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 25,720 BAM, and 50% of the population earn more than 25,720 BAM.

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 Mostar, 25% of the population are earning less than 18,780 BAM while 75% of the population earn more than 18,780 BAM.

75% of the population earn less than 36,940 BAM, and 25% of the population earn more than 36,940 BAM.

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 Mostar

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 Mostar that has less than two years of experience can expect to earn somewhere in the region of 13,960 BAM.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Adjuster salary would increase to 20,120 BAM.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Adjuster, the average salary would be 25,440 BAM.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 31,520 BAM.
  • 15 - 20 Years Experience. An Insurance Adjuster with 15 to 20 years of experience can earn an average of 33,520 BAM.
  • 20+ Years Experience. For an Insurance Adjuster with more than 20 years, the expected average salary increases to 35,420 BAM.

Average Salary by Experience Chart

0-2 Years-
13,960 BAM
2-5 Years+38%
20,120 BAM
5-10 Years+42%
25,440 BAM
10-15 Years+22%
31,520 BAM
15-20 Years+6%
33,520 BAM
20+ Years+9%
35,420 BAM

Insurance Adjuster Salary by Education Level in Mostar

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 Mostar 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 Mostar with a certificate or diploma education can earn an average salary of 16,340 BAM.
  • Bachelor's Degree. An Insurance Adjuster in Mostar with a bachelor's degree education can earn an average salary of 31,040 BAM.

Average Salary by Education Chart

Certificate or Diploma-
16,340 BAM
Bachelor's Degree+91%
31,040 BAM

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 Bosnia and Herzegovina is around 11,500 to 34,500 BAM 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 Mostar, a male insurance adjuster will earn an average of 29,840 BAM, while a female insurance adjuster will earn around 24,200 BAM.

This means that a male insurance adjuster earns approximately 23% more than a female insurance adjuster for performing the same job.

Average Salary by Gender Chart in Mostar

Male-
29,840 BAM
Female-23%
24,200 BAM

Insurance Adjuster Average Pay Raise in Mostar

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 Mostar is around 7% every 29 months.

The national average pay raise across all professions and industries in Bosnia and Herzegovina 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 Mostar can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Mostar for 2026

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

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

Banking-
9%
Energy-
9%
Information Technology-
9%
Healthcare-
9%
Travel-
9%
Construction-
9%
Education-
9%

Insurance Adjuster Bonus and Incentive Rates in Mostar

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 16% of employees reporting at least one bonus in the last 12 months.

84% 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-
16%
No Bonus-
84%

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 Bosnia and Herzegovina earn approximately 27% more than private sector employees in the same role.

Public Sector-
31,400 BAM
Private Sector-27%
24,800 BAM

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 Mostar.

Job TitleCategorySalary
Actuarial AnalystInsurance37,380 BAM
Actuarial AssistantInsurance29,040 BAM
Actuarial SpecialistInsurance27,380 BAM
ActuaryInsurance40,420 BAM
Adjustment Insurance ClerkInsurance11,300 BAM
Assistant BrokerInsurance19,220 BAM
Assistant Claims ManagerInsurance28,680 BAM
Associate Insurance RepresentativeInsurance12,240 BAM
Auditing Insurance ManagerInsurance43,480 BAM
BrokerInsurance27,020 BAM
Claim Advocacy ProfessionalInsurance26,860 BAM
Claims AdjusterInsurance12,300 BAM
Claims AnalystInsurance12,620 BAM
Claims ExaminerInsurance14,200 BAM
Claims ManagerInsurance41,980 BAM
Claims ProcessorInsurance12,300 BAM
Claims RepresentativeInsurance10,980 BAM
Claims Resolution SpecialistInsurance31,340 BAM
Claims SupervisorInsurance26,780 BAM
Complaints SpecialistInsurance26,780 BAM
Compliance ExaminerInsurance27,040 BAM
Compliance OfficerInsurance21,300 BAM
Compliance ReviewerInsurance27,300 BAM
ConsultantInsurance26,660 BAM
Eligibility InterviewerInsurance29,160 BAM
Eligibility SpecialistInsurance28,660 BAM
Insurance Account ManagerInsurance36,160 BAM
Insurance Accounts ExecutiveInsurance31,540 BAM
Insurance AgentInsurance18,260 BAM
Insurance AnalystInsurance28,660 BAM
Insurance AppraiserInsurance26,100 BAM
Insurance Claims ClerkInsurance9,960 BAM
Insurance ExaminerInsurance25,440 BAM
Insurance InvestigatorInsurance27,020 BAM
Insurance ManagerInsurance47,580 BAM
Insurance Operations ManagerInsurance49,360 BAM
Insurance Policy Processing ClerkInsurance12,020 BAM
Insurance Pricing AssistantInsurance21,980 BAM
Insurance Program ManagerInsurance34,120 BAM
Insurance Project ManagerInsurance35,520 BAM
Insurance Quality Assurance AgentInsurance23,080 BAM
Insurance Sales AgentInsurance16,720 BAM
Insurance Sales DirectorInsurance45,580 BAM
Insurance Sales ManagerInsurance37,620 BAM
Insurance Sales RepresentativeInsurance14,540 BAM
Insurance Team LeaderInsurance30,840 BAM
Insurance UnderwriterInsurance21,020 BAM
Loss Control SpecialistInsurance29,040 BAM
Loss Prevention InvestigatorInsurance32,020 BAM
Loss Prevention ManagerInsurance40,420 BAM
Loss Prevention SpecialistInsurance30,800 BAM
Marine UnderwriterInsurance19,160 BAM
Medical AuditorInsurance28,720 BAM
Monitoring and Performance OfficerInsurance21,100 BAM
Payment Services SpecialistInsurance30,840 BAM
Policy Change DirectorInsurance47,540 BAM
Policy Change SupervisorInsurance30,800 BAM
Policy Change TechnicianInsurance13,960 BAM
Risk AnalystInsurance32,900 BAM
Risk Management DirectorInsurance53,380 BAM
Risk Management SupervisorInsurance37,200 BAM
Risk ManagerInsurance52,300 BAM
Risk Modeling ManagerInsurance49,560 BAM
Title Insurance TypistInsurance25,940 BAM
Training ManagerInsurance31,960 BAM

Salary Comparison by City

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

CityAverage Salary
Banja Luka26,400 BAM
Medjugorje20,760 BAM
Sarajevo28,900 BAM
Tuzla26,100 BAM
Zenica27,020 BAM

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