Average Insurance Project Manager Salary in Barisal, Bangladesh for 2026

In this article, we will look at the average Insurance Project Manager salary for 2026 in Barisal 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 Bangladeshi taka. To keep things simple, we are using the BDT currency code instead of the currency symbol .

How Much Does an Insurance Project Manager Make in Barisal?

An Insurance Project Manager working in Barisal will typically earn around 398,300 BDT per year, and this can range from the lowest average salary of about 183,700 BDT to the highest average salary of 631,200 BDT.

Average Annual Salary398,300 BDT
Average Monthly Salary33,191 BDT
Average Lowest Salary183,700 BDT
Lowest Monthly Salary15,308 BDT
Average Highest Salary631,200 BDT
Highest Monthly Salary52,600 BDT

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

Insurance Project 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 Project Manager Salaries in Barisal

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

Salary ranges

We already know that an Insurance Project Manager can earn between 183,700 BDT and 631,200 BDT on average in Barisal. 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 Project Manager in Barisal is 431,100 BDT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 431,100 BDT, and 50% of the population earn more than 431,100 BDT.

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 Project Manager salary in Barisal, 25% of the population are earning less than 275,800 BDT while 75% of the population earn more than 275,800 BDT.

75% of the population earn less than 573,500 BDT, and 25% of the population earn more than 573,500 BDT.

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 Project Manager Salary by Experience Level in Barisal

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 Project 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 Project Manager in Barisal that has less than two years of experience can expect to earn somewhere in the region of 207,700 BDT.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Project Manager salary would increase to 275,500 BDT.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Project Manager, the average salary would be 411,400 BDT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 500,100 BDT.
  • 15 - 20 Years Experience. An Insurance Project Manager with 15 to 20 years of experience can earn an average of 543,200 BDT.
  • 20+ Years Experience. For an Insurance Project Manager with more than 20 years, the expected average salary increases to 590,200 BDT.

Average Salary by Experience Chart

0-2 Years-
207,700 BDT
2-5 Years+34%
275,500 BDT
5-10 Years+48%
411,400 BDT
10-15 Years+22%
500,100 BDT
15-20 Years+9%
543,200 BDT
20+ Years+8%
590,200 BDT

Insurance Project Manager Salary by Education Level in Barisal

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 Project Manager in Barisal 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 Project Manager in Barisal with a bachelor's degree education can earn an average salary of 239,300 BDT.
  • Master's Degree. An Insurance Project Manager in Barisal with a master's degree education can earn an average salary of 466,900 BDT.

Average Salary by Education Chart

Bachelor's Degree-
239,300 BDT
Master's Degree+93%
466,900 BDT

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 Bangladesh is around 130,000 to 390,000 BDT 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 Project 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 Barisal, a male insurance project manager will earn an average of 464,400 BDT, while a female insurance project manager will earn around 383,300 BDT.

This means that a male insurance project manager earns approximately 21% more than a female insurance project manager for performing the same job.

Average Salary by Gender Chart in Barisal

Male-
464,400 BDT
Female-21%
383,300 BDT

Insurance Project Manager Average Pay Raise in Barisal

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 Project Manager in Barisal is around 8% every 29 months.

The national average pay raise across all professions and industries in Bangladesh is around 5% every 28 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 = ( 8 ÷ 29 ) × 12  = 3%

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

Annual Pay Raise by Industry in Barisal for 2026

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

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 Project Manager Bonus and Incentive Rates in Barisal

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 Project Manager is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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-
42%
No Bonus-
58%

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 Bangladesh earn approximately 25% more than private sector employees in the same role.

Public Sector-
345,700 BDT
Private Sector-25%
277,400 BDT

Salaries for Jobs Similar to an Insurance Project Manager

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

Job TitleCategorySalary
Actuarial AnalystInsurance453,200 BDT
Actuarial AssistantInsurance294,300 BDT
Actuarial SpecialistInsurance301,700 BDT
ActuaryInsurance447,700 BDT
Adjustment Insurance ClerkInsurance125,100 BDT
Assistant BrokerInsurance196,800 BDT
Assistant Claims ManagerInsurance362,200 BDT
Associate Insurance RepresentativeInsurance172,200 BDT
Auditing Insurance ManagerInsurance501,400 BDT
BrokerInsurance332,100 BDT
Claim Advocacy ProfessionalInsurance319,600 BDT
Claims AdjusterInsurance117,520 BDT
Claims AnalystInsurance164,200 BDT
Claims ExaminerInsurance167,100 BDT
Claims ManagerInsurance464,900 BDT
Claims ProcessorInsurance124,400 BDT
Claims RepresentativeInsurance146,200 BDT
Claims Resolution SpecialistInsurance352,000 BDT
Claims SupervisorInsurance307,400 BDT
Complaints SpecialistInsurance290,800 BDT
Compliance ExaminerInsurance315,700 BDT
Compliance OfficerInsurance254,800 BDT
Compliance ReviewerInsurance288,100 BDT
ConsultantInsurance330,900 BDT
Eligibility InterviewerInsurance345,100 BDT
Eligibility SpecialistInsurance313,700 BDT
Insurance Account ManagerInsurance396,300 BDT
Insurance Accounts ExecutiveInsurance335,800 BDT
Insurance AdjusterInsurance292,000 BDT
Insurance AgentInsurance197,600 BDT
Insurance AnalystInsurance314,500 BDT
Insurance AppraiserInsurance335,100 BDT
Insurance Claims ClerkInsurance114,900 BDT
Insurance ExaminerInsurance288,100 BDT
Insurance InvestigatorInsurance301,800 BDT
Insurance ManagerInsurance548,800 BDT
Insurance Operations ManagerInsurance562,200 BDT
Insurance Policy Processing ClerkInsurance119,700 BDT
Insurance Pricing AssistantInsurance245,300 BDT
Insurance Program ManagerInsurance430,500 BDT
Insurance Quality Assurance AgentInsurance282,500 BDT
Insurance Sales AgentInsurance195,200 BDT
Insurance Sales DirectorInsurance510,300 BDT
Insurance Sales ManagerInsurance407,300 BDT
Insurance Sales RepresentativeInsurance174,000 BDT
Insurance Team LeaderInsurance351,900 BDT
Insurance UnderwriterInsurance239,000 BDT
Loss Control SpecialistInsurance315,900 BDT
Loss Prevention InvestigatorInsurance345,700 BDT
Loss Prevention ManagerInsurance447,300 BDT
Loss Prevention SpecialistInsurance332,100 BDT
Marine UnderwriterInsurance228,000 BDT
Medical AuditorInsurance322,600 BDT
Monitoring and Performance OfficerInsurance227,600 BDT
Payment Services SpecialistInsurance335,100 BDT
Policy Change DirectorInsurance510,000 BDT
Policy Change SupervisorInsurance357,700 BDT
Policy Change TechnicianInsurance161,600 BDT
Risk AnalystInsurance353,600 BDT
Risk Management DirectorInsurance623,700 BDT
Risk Management SupervisorInsurance411,400 BDT
Risk ManagerInsurance619,800 BDT
Risk Modeling ManagerInsurance571,300 BDT
Title Insurance TypistInsurance283,700 BDT
Training ManagerInsurance341,400 BDT

Salary Comparison by City

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

CityAverage Salary
Bogra401,300 BDT
Chandpur384,500 BDT
Chittagong451,000 BDT
Coxs Bazar375,200 BDT
Dhaka433,400 BDT
Jamalpur385,300 BDT
Jessore384,500 BDT
Khulna404,600 BDT
Rajshahi437,300 BDT
St. Martin361,600 BDT
Sylhet424,300 BDT

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