Average Insurance Operations Manager Salary in Las Palmas, Spain for 2026

In this article, we will look at the average Insurance Operations Manager salary for 2026 in Las Palmas 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol .

How Much Does an Insurance Operations Manager Make in Las Palmas?

An Insurance Operations Manager working in Las Palmas will typically earn around 50,340 EUR per year, and this can range from the lowest average salary of about 27,300 EUR to the highest average salary of 79,120 EUR.

Average Annual Salary50,340 EUR
Average Monthly Salary4,195 EUR
Average Lowest Salary27,300 EUR
Lowest Monthly Salary2,275 EUR
Average Highest Salary79,120 EUR
Highest Monthly Salary6,593 EUR

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

Insurance Operations Manager 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 Operations Manager Salaries in Las Palmas

So we've looked at the average salaries an Insurance Operations Manager will earn in Las Palmas. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Insurance Operations Manager can earn between 27,300 EUR and 79,120 EUR on average in Las Palmas. 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 Operations Manager in Las Palmas is 49,700 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 49,700 EUR, and 50% of the population earn more than 49,700 EUR.

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 Operations Manager salary in Las Palmas, 25% of the population are earning less than 32,420 EUR while 75% of the population earn more than 32,420 EUR.

75% of the population earn less than 58,800 EUR, and 25% of the population earn more than 58,800 EUR.

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 Operations Manager Salary by Experience Level in Las Palmas

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 Operations Manager 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 Operations Manager in Las Palmas that has less than two years of experience can expect to earn somewhere in the region of 28,680 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Operations Manager salary would increase to 41,700 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Operations Manager, the average salary would be 53,600 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 64,040 EUR.
  • 15 - 20 Years Experience. An Insurance Operations Manager with 15 to 20 years of experience can earn an average of 67,320 EUR.
  • 20+ Years Experience. For an Insurance Operations Manager with more than 20 years, the expected average salary increases to 72,700 EUR.

Average Salary by Experience Chart

0-2 Years-
28,680 EUR
2-5 Years+34%
41,700 EUR
5-10 Years+30%
53,600 EUR
10-15 Years+21%
64,040 EUR
15-20 Years+9%
67,320 EUR
20+ Years+5%
72,700 EUR

Insurance Operations Manager Salary by Education Level in Las Palmas

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 Operations Manager in Las Palmas 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 Operations Manager in Las Palmas with a bachelor's degree education can earn an average salary of 42,040 EUR.
  • Master's Degree. An Insurance Operations Manager in Las Palmas with a master's degree education can earn an average salary of 58,860 EUR.

Average Salary by Education Chart

Bachelor's Degree-
42,040 EUR
Master's Degree+39%
58,860 EUR

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 Spain is around 13,600 to 40,700 EUR 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 Operations Manager 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 Las Palmas, a male insurance operations manager will earn an average of 56,460 EUR, while a female insurance operations manager will earn around 55,220 EUR.

This means that a male insurance operations manager earns approximately 2% more than a female insurance operations manager for performing the same job.

Average Salary by Gender Chart in Las Palmas

Male-
56,460 EUR
Female-2%
55,220 EUR

Insurance Operations Manager Average Pay Raise in Las Palmas

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 Operations Manager in Las Palmas is around 12% every 18 months.

The national average pay raise across all professions and industries in Spain is around 8% every 17 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that an Insurance Operations Manager in Las Palmas can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Las Palmas for 2026

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

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 Operations Manager Bonus and Incentive Rates in Las Palmas

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 Operations Manager is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% 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 5% to 9%.

Received Bonus-
83%
No Bonus-
17%

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 Spain earn approximately 6% more than private sector employees in the same role.

Public Sector-
34,240 EUR
Private Sector-6%
32,200 EUR

Salaries for Jobs Similar to an Insurance Operations Manager

In the table below, we have salary information for jobs that are similar to an Insurance Operations Manager in Las Palmas.

Job TitleCategorySalary
Actuarial AnalystInsurance48,340 EUR
Actuarial AssistantInsurance34,980 EUR
Actuarial SpecialistInsurance34,480 EUR
ActuaryInsurance43,800 EUR
Adjustment Insurance ClerkInsurance14,660 EUR
Assistant BrokerInsurance24,280 EUR
Assistant Claims ManagerInsurance36,800 EUR
Associate Insurance RepresentativeInsurance19,640 EUR
Auditing Insurance ManagerInsurance52,540 EUR
BrokerInsurance35,500 EUR
Claim Advocacy ProfessionalInsurance34,360 EUR
Claims AdjusterInsurance14,660 EUR
Claims AnalystInsurance19,480 EUR
Claims ExaminerInsurance20,500 EUR
Claims ManagerInsurance48,940 EUR
Claims ProcessorInsurance13,100 EUR
Claims RepresentativeInsurance15,300 EUR
Claims Resolution SpecialistInsurance37,380 EUR
Claims SupervisorInsurance34,080 EUR
Complaints SpecialistInsurance31,400 EUR
Compliance ExaminerInsurance34,160 EUR
Compliance OfficerInsurance27,620 EUR
Compliance ReviewerInsurance32,900 EUR
ConsultantInsurance36,940 EUR
Eligibility InterviewerInsurance35,000 EUR
Eligibility SpecialistInsurance33,960 EUR
Insurance Account ManagerInsurance38,620 EUR
Insurance Accounts ExecutiveInsurance37,620 EUR
Insurance AdjusterInsurance31,520 EUR
Insurance AgentInsurance20,940 EUR
Insurance AnalystInsurance33,440 EUR
Insurance AppraiserInsurance35,300 EUR
Insurance Claims ClerkInsurance12,580 EUR
Insurance ExaminerInsurance31,180 EUR
Insurance InvestigatorInsurance31,520 EUR
Insurance ManagerInsurance54,560 EUR
Insurance Policy Processing ClerkInsurance14,200 EUR
Insurance Pricing AssistantInsurance25,440 EUR
Insurance Program ManagerInsurance46,840 EUR
Insurance Project ManagerInsurance43,520 EUR
Insurance Quality Assurance AgentInsurance29,600 EUR
Insurance Sales AgentInsurance20,000 EUR
Insurance Sales DirectorInsurance55,580 EUR
Insurance Sales ManagerInsurance44,800 EUR
Insurance Sales RepresentativeInsurance19,020 EUR
Insurance Team LeaderInsurance34,960 EUR
Insurance UnderwriterInsurance25,440 EUR
Loss Control SpecialistInsurance34,960 EUR
Loss Prevention InvestigatorInsurance36,700 EUR
Loss Prevention ManagerInsurance47,120 EUR
Loss Prevention SpecialistInsurance34,960 EUR
Marine UnderwriterInsurance25,940 EUR
Medical AuditorInsurance34,480 EUR
Monitoring and Performance OfficerInsurance24,860 EUR
Payment Services SpecialistInsurance34,380 EUR
Policy Change DirectorInsurance50,020 EUR
Policy Change SupervisorInsurance34,280 EUR
Policy Change TechnicianInsurance17,560 EUR
Risk AnalystInsurance38,140 EUR
Risk Management DirectorInsurance60,460 EUR
Risk Management SupervisorInsurance42,460 EUR
Risk ManagerInsurance58,440 EUR
Risk Modeling ManagerInsurance60,180 EUR
Title Insurance TypistInsurance30,840 EUR
Training ManagerInsurance39,960 EUR

Salary Comparison by City

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

CityAverage Salary
Barcelona63,700 EUR
Bilbao52,820 EUR
Madrid65,940 EUR
Malaga57,360 EUR
Murcia56,140 EUR
Palma de Mallorca53,840 EUR
Sevilla56,640 EUR
Valencia61,460 EUR
Zaragoza60,180 EUR

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