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Average Insurance Project Manager Salary in United Kingdom for 2026

An insurance project manager in United Kingdom earns about 93,100 GBP a year. That's 34% above the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 47,400 GBP a year, while the very top stretches to 142,100 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does an insurance project manager make in United Kingdom?

Average salary
93,100 GBP
7,758 GBP per month
Lowest reported
47,400 GBP
3,950 GBP per month
Highest reported
142,100 GBP
11,841 GBP per month

A typical insurance project manager working in United Kingdom brings home around 7,758 GBP a month before tax. Entry-level pay starts near 47,400 GBP, and the top of the ladder reaches roughly 142,100 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior insurance project manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the insurance project manager salary in Guernsey or Jersey, both of which pay in the same currency.

How insurance project manager pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all insurance project managers in United Kingdom earn less than 90,600 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 61,600 GBP (the 25th percentile), and a quarter clear 108,200 GBP (the 75th percentile). The middle 50% of insurance project managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 47,400 GBP. The highest stretch to 142,100 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

47,400
Low
90,600
Median
142,100
High
61,600
25th
108,200
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Insurance project manager pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for an insurance project manager in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical insurance project manager salary changes as you move through the career ladder.

  • 0-2 Years
    54,700 GBP
  • 2-5 Years
    +31% from previous
    71,400 GBP
  • 5-10 Years
    +32% from previous
    94,200 GBP
  • 10-15 Years
    +24% from previous
    116,400 GBP
  • 15-20 Years
    +10% from previous
    127,700 GBP
  • 20+ Years
    +2% from previous
    130,400 GBP

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 32%. That is the point at which a insurance project manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Insurance project manager pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving insurance project manager pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average insurance project manager salary in United Kingdom broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    78,200 GBP
  • Master's Degree
    +38% from previous
    107,700 GBP

Insurance project manager gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male insurance project managers in United Kingdom earn an average of 93,600 GBP a year, while female insurance project managers earn around 90,900 GBP. That works out to a 3% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Insurance Project Manager gender pay gap

3%

Men earn this much more than women on average in United Kingdom.

Men 93,600 GBP
Women 90,900 GBP

Pay raises for an insurance project manager in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 12% every 16 months, which works out to roughly 9% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Insurance project manager bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

56%

56% of insurance project managers in United Kingdom reported a bonus of some kind in the past twelve months. That makes an insurance project manager a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 5% of base salary. The remaining 44% of insurance project managers reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Insurance project manager: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Insurance project manager salary by city and region in United Kingdom

Insurance project manager pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Leeds
  • Bristol
  • London
  • Liverpool
  • Edinburgh
  • Coventry
  • Somerset
  • Plymouth
LocationTypeAverageMedianRange
EnglandRegion180,500 GBP172,100 GBP92,200-275,800 GBP
ScotlandRegion124,500 GBP121,800 GBP61,400-191,500 GBP
LeedsCity109,700 GBP109,700 GBP52,800-167,100 GBP
BristolCity109,000 GBP105,200 GBP55,200-163,800 GBP
LondonCity108,200 GBP118,900 GBP52,300-176,300 GBP
LiverpoolCity107,300 GBP112,700 GBP49,200-166,600 GBP
EdinburghCity107,300 GBP105,200 GBP52,300-164,100 GBP
CoventryCity105,800 GBP109,700 GBP49,100-163,800 GBP
SomersetCity105,800 GBP111,700 GBP50,500-165,900 GBP
PlymouthCity101,100 GBP105,200 GBP49,400-157,600 GBP
ManchesterCity100,900 GBP92,300 GBP52,300-151,800 GBP
GlasgowCity100,700 GBP100,700 GBP51,600-156,200 GBP
BirminghamCity100,700 GBP109,700 GBP45,900-160,600 GBP
WolverhamptonCity100,500 GBP107,700 GBP45,400-158,900 GBP
BrightonCity100,200 GBP91,500 GBP53,600-151,800 GBP
Kingston upon HullCity99,700 GBP99,600 GBP49,300-152,700 GBP
CardiffCity99,700 GBP107,300 GBP47,800-158,900 GBP
NewcastleCity99,600 GBP92,100 GBP51,400-150,100 GBP
SheffieldCity97,900 GBP94,000 GBP50,100-153,800 GBP
BradfordCity97,600 GBP91,900 GBP52,300-150,100 GBP
DerbyCity96,000 GBP100,700 GBP44,500-151,800 GBP
LeicesterCity95,900 GBP98,900 GBP46,700-153,800 GBP
BelfastCity95,300 GBP90,300 GBP48,000-142,300 GBP
PeterboroughCity95,300 GBP94,300 GBP45,000-148,300 GBP
NottinghamCity95,100 GBP93,800 GBP46,700-147,900 GBP
ArmaghCity95,000 GBP91,000 GBP51,600-146,700 GBP
DundeeCity94,300 GBP90,000 GBP49,400-140,200 GBP
SouthamptonCity94,200 GBP91,700 GBP50,000-147,900 GBP
NorwichCity94,100 GBP87,900 GBP47,400-142,100 GBP
ExeterCity93,800 GBP84,800 GBP51,500-141,000 GBP
PortsmouthCity93,300 GBP100,700 GBP43,400-150,100 GBP
NewportCity93,300 GBP100,700 GBP42,300-146,900 GBP
StirlingCity93,100 GBP97,400 GBP42,300-142,300 GBP
NewryCity93,100 GBP92,900 GBP45,600-140,200 GBP
AberdeenCity92,900 GBP85,800 GBP50,500-140,200 GBP
OxfordCity91,700 GBP91,700 GBP44,200-142,100 GBP
SwanseaCity91,500 GBP86,100 GBP47,400-142,100 GBP
YorkCity91,000 GBP83,800 GBP47,200-134,700 GBP
LincolnCity90,300 GBP92,200 GBP44,800-142,100 GBP
SalisburyCity89,300 GBP84,600 GBP45,900-134,100 GBP
WalesRegion88,600 GBP83,800 GBP47,500-132,000 GBP
PooleCity88,300 GBP93,800 GBP39,800-139,100 GBP
CambridgeCity87,700 GBP85,100 GBP45,000-132,000 GBP
LisburnCity87,700 GBP87,700 GBP45,000-134,100 GBP
ChesterCity87,600 GBP91,700 GBP44,800-138,700 GBP
DerryCity86,600 GBP86,400 GBP45,000-132,000 GBP
HartlepoolCity86,600 GBP83,300 GBP44,500-130,500 GBP
WinchesterCity86,400 GBP91,700 GBP38,000-134,100 GBP
TruroCity86,100 GBP86,100 GBP41,500-130,500 GBP
DurhamCity84,600 GBP93,100 GBP39,800-137,100 GBP
Northern IrelandRegion83,800 GBP83,800 GBP42,600-127,600 GBP
WakefieldCity83,700 GBP84,500 GBP41,700-127,600 GBP
GloucesterCity83,300 GBP80,700 GBP46,200-130,500 GBP
St DavidsCity83,200 GBP75,900 GBP46,400-127,700 GBP
RiponCity82,200 GBP74,900 GBP44,700-123,800 GBP
KirkwallCity81,700 GBP86,600 GBP38,700-130,500 GBP
InvernessCity81,300 GBP83,100 GBP42,000-130,500 GBP
AbingdonCity81,300 GBP87,000 GBP38,000-128,400 GBP
CanterburyCity81,300 GBP81,300 GBP41,000-130,500 GBP
BangorCity80,200 GBP80,500 GBP36,700-125,400 GBP
StrontianCity79,600 GBP73,500 GBP41,500-118,900 GBP
WellsCity77,000 GBP81,400 GBP36,200-125,400 GBP
StromnessCity76,800 GBP83,300 GBP36,500-125,400 GBP

Insurance Project Manager in United Kingdom: FAQs

  • How much does an insurance project manager make per month in United Kingdom?

    An insurance project manager in United Kingdom earns about 7,758 GBP a month before tax, based on an annual average of 93,100 GBP.

  • What's the salary range for an insurance project manager in United Kingdom?

    Entry-level insurance project managers in United Kingdom start near 47,400 GBP. Top-end pay reaches around 142,100 GBP. The middle 50% of earners sit between 61,600 and 108,200 GBP.

  • Is the median insurance project manager salary in United Kingdom higher or lower than the average?

    The median is 90,600 GBP, lower than the average of 93,100 GBP. Half of insurance project managers in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for insurance project managers in United Kingdom?

    Men working as an insurance project manager in United Kingdom earn around 3% more than women on average (93,600 vs 90,900 GBP a year).

  • Do insurance project managers in United Kingdom get bonuses?

    About 56% of insurance project managers in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

  • Do insurance project managers earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays an insurance project manager about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do insurance project managers in United Kingdom get a pay raise?

    An insurance project manager in United Kingdom sees a raise of around 12% every 16 months, equivalent to roughly 9% a year.