Average Insurance Investigator Salary in Moldova for 2024

In this article, we will look at the average Insurance Investigator salary for 2024 in Moldova 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 Moldovan leu. To keep things simple, we are using the MDL currency code instead of the currency symbol L.

How Much Does an Insurance Investigator Make in Moldova?

An Insurance Investigator working in Moldova will typically earn around 297,000 MDL per year, and this can range from the lowest average salary of about 154,700 MDL to the highest average salary of 457,300 MDL.

Average Annual Salary
297,000 MDL
Average Monthly Salary
24,750 MDL

Lowest Annual Salary
154,700 MDL
Lowest Monthly Salary
12,891 MDL

Highest Annual Salary
457,300 MDL
Highest Monthly Salary
38,108 MDL

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

Insurance Investigator 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 Investigator Salaries in Moldova

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

Salary ranges

We already know that an Insurance Investigator can earn between 154,700 MDL and 457,300 MDL on average in Moldova. 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 Investigator in Moldova is 288,100 MDL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 288,100 MDL, and 50% of the population earn more than 288,100 MDL.

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 Investigator salary in Moldova, 25% of the population are earning less than 197,600 MDL while 75% of the population earn more than 197,600 MDL.

75% of the population earn less than 357,300 MDL, and 25% of the population earn more than 357,300 MDL.

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 Investigator Salary by Experience Level in Moldova

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 investigator 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 Investigator in Moldova that has less than two years of experience can expect to earn somewhere in the region of 176,800 MDL.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Investigator salary would increase to 237,400 MDL.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Investigator, the average salary would be 308,900 MDL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 371,100 MDL.
  • 15 - 20 Years Experience. An Insurance Investigator with 15 to 20 years of experience can earn an average of 407,100 MDL.
  • 20+ Years Experience. For an Insurance Investigator with more than 20 years, the expected average salary increases to 426,700 MDL.

Average Salary by Experience Chart

0-2 Years
176,800 MDL
2-5 Years +34%
237,400 MDL
5-10 Years +30%
308,900 MDL
10-15 Years +21%
371,100 MDL
15-20 Years +9%
407,100 MDL
20+ Years +5%
426,700 MDL

Insurance Investigator Salary by Education Level in Moldova

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 Investigator in Moldova based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Insurance Investigator in Moldova with a bachelor's degree education can earn an average salary of 247,800 MDL.

  • Master's Degree. An Insurance Investigator in Moldova with a master's degree education can earn an average salary of 344,600 MDL.

Average Salary by Education Chart

Bachelor's Degree
247,800 MDL
Master's Degree +39%
344,600 MDL

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 Moldova is around 133,000 to 400,000 MDL 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 Investigator 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 Moldova, a male insurance investigator will earn an average of 312,400 MDL, while a female insurance investigator will earn around 290,800 MDL.

This means that a male insurance investigator earns approximately 7% more than a female insurance investigator for performing the same job.

Average Salary by Gender Chart in Moldova

Male
312,400 MDL
Female -7%
290,800 MDL

Insurance Investigator Average Pay Raise in Moldova

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 Investigator in Moldova is around 7% every 29 months.

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

Annual Pay Raise by Industry in Moldova for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Insurance Investigator Bonus and Incentive Rates in Moldova

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 Investigator is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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
10%
No Bonus
90%

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 Moldova earn approximately 14% more than private sector employees in the same role.

Public Sector
335,800 MDL
Private Sector -14%
294,300 MDL

Salaries for Jobs Similar to an Insurance Investigator

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

Job Title Category Salary
Actuarial Analyst Insurance 411,400 MDL
Actuarial Assistant Insurance 301,300 MDL
Actuarial Specialist Insurance 318,800 MDL
Actuary Insurance 433,400 MDL
Adjustment Insurance Clerk Insurance 119,900 MDL
Assistant Broker Insurance 212,500 MDL
Assistant Claims Manager Insurance 352,000 MDL
Associate Insurance Representative Insurance 172,200 MDL
Auditing Insurance Manager Insurance 454,900 MDL
Broker Insurance 312,400 MDL
Claim Advocacy Professional Insurance 318,800 MDL
Claims Adjuster Insurance 117,440 MDL
Claims Analyst Insurance 172,200 MDL
Claims Examiner Insurance 161,600 MDL
Claims Manager Insurance 464,400 MDL
Claims Processor Insurance 115,520 MDL
Claims Representative Insurance 138,200 MDL
Claims Resolution Specialist Insurance 354,000 MDL
Claims Supervisor Insurance 317,700 MDL
Complaints Specialist Insurance 308,900 MDL
Compliance Examiner Insurance 288,700 MDL
Compliance Officer Insurance 254,800 MDL
Compliance Reviewer Insurance 301,800 MDL
Consultant Insurance 307,400 MDL
Eligibility Interviewer Insurance 351,200 MDL
Eligibility Specialist Insurance 335,800 MDL
Insurance Account Manager Insurance 384,500 MDL
Insurance Accounts Executive Insurance 361,500 MDL
Insurance Adjuster Insurance 311,700 MDL
Insurance Agent Insurance 183,700 MDL
Insurance Analyst Insurance 308,300 MDL
Insurance Appraiser Insurance 312,400 MDL
Insurance Claims Clerk Insurance 119,700 MDL
Insurance Examiner Insurance 309,800 MDL
Insurance Manager Insurance 548,800 MDL
Insurance Operations Manager Insurance 531,700 MDL
Insurance Policy Processing Clerk Insurance 123,400 MDL
Insurance Pricing Assistant Insurance 265,000 MDL
Insurance Program Manager Insurance 407,100 MDL
Insurance Project Manager Insurance 388,100 MDL
Insurance Quality Assurance Agent Insurance 283,400 MDL
Insurance Sales Agent Insurance 185,100 MDL
Insurance Sales Director Insurance 524,400 MDL
Insurance Sales Manager Insurance 415,900 MDL
Insurance Sales Representative Insurance 169,000 MDL
Insurance Team Leader Insurance 341,900 MDL
Insurance Underwriter Insurance 233,900 MDL
Loss Control Specialist Insurance 301,600 MDL
Loss Prevention Investigator Insurance 340,400 MDL
Loss Prevention Manager Insurance 447,300 MDL
Loss Prevention Specialist Insurance 340,400 MDL
Marine Underwriter Insurance 238,900 MDL
Medical Auditor Insurance 322,600 MDL
Monitoring and Performance Officer Insurance 222,300 MDL
Payment Services Specialist Insurance 325,900 MDL
Policy Change Director Insurance 514,300 MDL
Policy Change Supervisor Insurance 335,100 MDL
Policy Change Technician Insurance 157,600 MDL
Risk Analyst Insurance 353,600 MDL
Risk Management Director Insurance 639,900 MDL
Risk Management Supervisor Insurance 388,100 MDL
Risk Manager Insurance 605,700 MDL
Risk Modeling Manager Insurance 627,900 MDL
Title Insurance Typist Insurance 277,400 MDL
Training Manager Insurance 371,100 MDL

Salary Comparison by City

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

City Average Salary
Chisinau 332,500 MDL

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Insurance Investigator Salary in Moldova for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-insurance-investigator-salary-in-moldova/.

  • "Average Insurance Investigator Salary in Moldova for 2024". World Salaries, https://worldsalaries.com/average-insurance-investigator-salary-in-moldova/. Accessed 28 March, 2024

  • Average Insurance Investigator Salary in Moldova for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-insurance-investigator-salary-in-moldova/.