Average Insurance Program Manager Salary in Croatia for 2024

In this article, we will look at the average Insurance Program Manager salary for 2024 in Croatia 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 Croatian kuna. To keep things simple, we are using the HRK currency code instead of the currency symbol kn.

How Much Does an Insurance Program Manager Make in Croatia?

An Insurance Program Manager working in Croatia will typically earn around 225,300 HRK per year, and this can range from the lowest average salary of about 102,620 HRK to the highest average salary of 359,900 HRK.

Average Annual Salary
225,300 HRK
Average Monthly Salary
18,775 HRK

Lowest Annual Salary
102,620 HRK
Lowest Monthly Salary
8,551 HRK

Highest Annual Salary
359,900 HRK
Highest Monthly Salary
29,991 HRK

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

Insurance Program 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 Program Manager Salaries in Croatia

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

Salary ranges

We already know that an Insurance Program Manager can earn between 102,620 HRK and 359,900 HRK on average in Croatia. 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 Program Manager in Croatia is 243,000 HRK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 243,000 HRK, and 50% of the population earn more than 243,000 HRK.

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 Program Manager salary in Croatia, 25% of the population are earning less than 157,600 HRK while 75% of the population earn more than 157,600 HRK.

75% of the population earn less than 325,600 HRK, and 25% of the population earn more than 325,600 HRK.

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 Program Manager Salary by Experience Level in Croatia

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 program 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 Program Manager in Croatia that has less than two years of experience can expect to earn somewhere in the region of 119,560 HRK.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Program Manager salary would increase to 158,700 HRK.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Program Manager, the average salary would be 232,400 HRK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 282,300 HRK.
  • 15 - 20 Years Experience. An Insurance Program Manager with 15 to 20 years of experience can earn an average of 308,300 HRK.
  • 20+ Years Experience. For an Insurance Program Manager with more than 20 years, the expected average salary increases to 335,100 HRK.

Average Salary by Experience Chart

0-2 Years
119,560 HRK
2-5 Years +34%
158,700 HRK
5-10 Years +48%
232,400 HRK
10-15 Years +22%
282,300 HRK
15-20 Years +9%
308,300 HRK
20+ Years +8%
335,100 HRK

Insurance Program Manager Salary by Education Level in Croatia

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 Program Manager in Croatia 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 Program Manager in Croatia with a bachelor's degree education can earn an average salary of 137,400 HRK.

  • Master's Degree. An Insurance Program Manager in Croatia with a master's degree education can earn an average salary of 265,000 HRK.

Average Salary by Education Chart

Bachelor's Degree
137,400 HRK
Master's Degree +93%
265,000 HRK

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 Croatia is around 74,200 to 223,000 HRK 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 Program 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 Croatia, a male insurance program manager will earn an average of 233,600 HRK, while a female insurance program manager will earn around 216,800 HRK.

This means that a male insurance program manager earns approximately 8% more than a female insurance program manager for performing the same job.

Average Salary by Gender Chart in Croatia

Male
233,600 HRK
Female -8%
216,800 HRK

Insurance Program Manager Average Pay Raise in Croatia

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 Program Manager in Croatia is around 12% every 18 months.

The national average pay raise across all professions and industries in Croatia is around 9% 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 Program Manager in Croatia can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Croatia for 2024

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

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 Program Manager Bonus and Incentive Rates in Croatia

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 Program Manager is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% 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 2% to 7%.

Received Bonus
59%
No Bonus
41%

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 Croatia earn approximately 9% more than private sector employees in the same role.

Public Sector
187,500 HRK
Private Sector -9%
172,200 HRK

Salaries for Jobs Similar to an Insurance Program Manager

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

Job Title Category Salary
Actuarial Analyst Insurance 247,800 HRK
Actuarial Assistant Insurance 168,100 HRK
Actuarial Specialist Insurance 159,500 HRK
Actuary Insurance 240,500 HRK
Adjustment Insurance Clerk Insurance 64,200 HRK
Assistant Broker Insurance 109,520 HRK
Assistant Claims Manager Insurance 194,600 HRK
Associate Insurance Representative Insurance 88,480 HRK
Auditing Insurance Manager Insurance 275,800 HRK
Broker Insurance 176,800 HRK
Claim Advocacy Professional Insurance 172,200 HRK
Claims Adjuster Insurance 66,480 HRK
Claims Analyst Insurance 87,060 HRK
Claims Examiner Insurance 92,500 HRK
Claims Manager Insurance 239,300 HRK
Claims Processor Insurance 66,260 HRK
Claims Representative Insurance 82,200 HRK
Claims Resolution Specialist Insurance 194,600 HRK
Claims Supervisor Insurance 172,200 HRK
Complaints Specialist Insurance 168,100 HRK
Compliance Examiner Insurance 167,100 HRK
Compliance Officer Insurance 136,200 HRK
Compliance Reviewer Insurance 159,100 HRK
Consultant Insurance 175,900 HRK
Eligibility Interviewer Insurance 192,000 HRK
Eligibility Specialist Insurance 183,600 HRK
Insurance Account Manager Insurance 218,900 HRK
Insurance Accounts Executive Insurance 192,000 HRK
Insurance Adjuster Insurance 167,100 HRK
Insurance Agent Insurance 106,960 HRK
Insurance Analyst Insurance 169,000 HRK
Insurance Appraiser Insurance 175,900 HRK
Insurance Claims Clerk Insurance 62,460 HRK
Insurance Examiner Insurance 161,600 HRK
Insurance Investigator Insurance 159,400 HRK
Insurance Manager Insurance 301,300 HRK
Insurance Operations Manager Insurance 290,800 HRK
Insurance Policy Processing Clerk Insurance 66,140 HRK
Insurance Pricing Assistant Insurance 138,200 HRK
Insurance Project Manager Insurance 225,300 HRK
Insurance Quality Assurance Agent Insurance 148,300 HRK
Insurance Sales Agent Insurance 103,600 HRK
Insurance Sales Director Insurance 288,700 HRK
Insurance Sales Manager Insurance 233,900 HRK
Insurance Sales Representative Insurance 94,900 HRK
Insurance Team Leader Insurance 187,300 HRK
Insurance Underwriter Insurance 125,700 HRK
Loss Control Specialist Insurance 180,300 HRK
Loss Prevention Investigator Insurance 183,700 HRK
Loss Prevention Manager Insurance 246,200 HRK
Loss Prevention Specialist Insurance 190,500 HRK
Marine Underwriter Insurance 125,700 HRK
Medical Auditor Insurance 175,900 HRK
Monitoring and Performance Officer Insurance 127,700 HRK
Payment Services Specialist Insurance 175,900 HRK
Policy Change Director Insurance 283,700 HRK
Policy Change Supervisor Insurance 189,300 HRK
Policy Change Technician Insurance 87,640 HRK
Risk Analyst Insurance 207,700 HRK
Risk Management Director Insurance 341,900 HRK
Risk Management Supervisor Insurance 209,500 HRK
Risk Manager Insurance 332,500 HRK
Risk Modeling Manager Insurance 318,800 HRK
Title Insurance Typist Insurance 152,300 HRK
Training Manager Insurance 192,600 HRK

Salary Comparison by City

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

City Average Salary
Zadar 232,400 HRK
Zagreb 254,800 HRK

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 Program Manager Salary in Croatia for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-insurance-program-manager-salary-in-croatia/.

  • "Average Insurance Program Manager Salary in Croatia for 2024". World Salaries, https://worldsalaries.com/average-insurance-program-manager-salary-in-croatia/. Accessed 28 March, 2024

  • Average Insurance Program Manager Salary in Croatia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-insurance-program-manager-salary-in-croatia/.