Average Insurance Quality Assurance Agent Salary in Greenland for 2024

In this article, we will look at the average Insurance Quality Assurance Agent salary for 2024 in Greenland 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 krone. To keep things simple, we are using the DKK currency code instead of the currency symbol kr..

How Much Does an Insurance Quality Assurance Agent Make in Greenland?

An Insurance Quality Assurance Agent working in Greenland will typically earn around 275,800 DKK per year, and this can range from the lowest average salary of about 143,200 DKK to the highest average salary of 420,100 DKK.

Average Annual Salary
275,800 DKK
Average Monthly Salary
22,983 DKK

Lowest Annual Salary
143,200 DKK
Lowest Monthly Salary
11,933 DKK

Highest Annual Salary
420,100 DKK
Highest Monthly Salary
35,008 DKK

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

Insurance Quality Assurance Agent 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 Quality Assurance Agent Salaries in Greenland

So we've looked at the average salaries an Insurance Quality Assurance Agent will earn in Greenland. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Insurance Quality Assurance Agent can earn between 143,200 DKK and 420,100 DKK on average in Greenland. 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 Quality Assurance Agent in Greenland is 263,900 DKK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 263,900 DKK, and 50% of the population earn more than 263,900 DKK.

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 Quality Assurance Agent salary in Greenland, 25% of the population are earning less than 183,700 DKK while 75% of the population earn more than 183,700 DKK.

75% of the population earn less than 327,300 DKK, and 25% of the population earn more than 327,300 DKK.

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 Quality Assurance Agent Salary by Experience Level in Greenland

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 quality assurance agent 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 Quality Assurance Agent in Greenland that has less than two years of experience can expect to earn somewhere in the region of 161,600 DKK.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Quality Assurance Agent salary would increase to 217,900 DKK.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Quality Assurance Agent, the average salary would be 282,500 DKK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 341,900 DKK.
  • 15 - 20 Years Experience. An Insurance Quality Assurance Agent with 15 to 20 years of experience can earn an average of 376,800 DKK.
  • 20+ Years Experience. For an Insurance Quality Assurance Agent with more than 20 years, the expected average salary increases to 394,300 DKK.

Average Salary by Experience Chart

0-2 Years
161,600 DKK
2-5 Years +34%
217,900 DKK
5-10 Years +30%
282,500 DKK
10-15 Years +21%
341,900 DKK
15-20 Years +9%
376,800 DKK
20+ Years +5%
394,300 DKK

Insurance Quality Assurance Agent Salary by Education Level in Greenland

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 Quality Assurance Agent in Greenland based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Insurance Quality Assurance Agent in Greenland with a certificate or diploma education can earn an average salary of 191,600 DKK.

  • Bachelor's Degree. An Insurance Quality Assurance Agent in Greenland with a bachelor's degree education can earn an average salary of 294,300 DKK.

  • Master's Degree. An Insurance Quality Assurance Agent in Greenland with a master's degree education can earn an average salary of 417,200 DKK.

Average Salary by Education Chart

Certificate or Diploma
191,600 DKK
Bachelor's Degree +52%
294,300 DKK
Master's Degree +42%
417,200 DKK

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 Greenland is around 141,000 to 424,000 DKK 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 Quality Assurance Agent 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 Greenland, a male insurance quality assurance agent will earn an average of 294,300 DKK, while a female insurance quality assurance agent will earn around 263,900 DKK.

This means that a male insurance quality assurance agent earns approximately 12% more than a female insurance quality assurance agent for performing the same job.

Average Salary by Gender Chart in Greenland

Male
294,300 DKK
Female -12%
263,900 DKK

Insurance Quality Assurance Agent Average Pay Raise in Greenland

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 Quality Assurance Agent in Greenland is around 6% every 29 months.

The national average pay raise across all professions and industries in Greenland 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that an Insurance Quality Assurance Agent in Greenland can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Greenland for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Insurance Quality Assurance Agent Bonus and Incentive Rates in Greenland

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 Quality Assurance Agent 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 Greenland earn approximately 20% more than private sector employees in the same role.

Public Sector
372,600 DKK
Private Sector -20%
309,800 DKK

Salaries for Jobs Similar to an Insurance Quality Assurance Agent

In the table below, we have salary information for jobs that are similar to an Insurance Quality Assurance Agent in Greenland.

Job Title Category Salary
Actuarial Analyst Insurance 454,300 DKK
Actuarial Assistant Insurance 315,700 DKK
Actuarial Specialist Insurance 315,700 DKK
Actuary Insurance 451,000 DKK
Adjustment Insurance Clerk Insurance 116,180 DKK
Assistant Broker Insurance 210,500 DKK
Assistant Claims Manager Insurance 357,300 DKK
Associate Insurance Representative Insurance 169,000 DKK
Auditing Insurance Manager Insurance 504,400 DKK
Broker Insurance 327,300 DKK
Claim Advocacy Professional Insurance 325,800 DKK
Claims Adjuster Insurance 124,400 DKK
Claims Analyst Insurance 172,200 DKK
Claims Examiner Insurance 169,000 DKK
Claims Manager Insurance 450,300 DKK
Claims Processor Insurance 115,600 DKK
Claims Representative Insurance 138,200 DKK
Claims Resolution Specialist Insurance 341,900 DKK
Claims Supervisor Insurance 340,400 DKK
Complaints Specialist Insurance 315,700 DKK
Compliance Examiner Insurance 322,600 DKK
Compliance Officer Insurance 253,400 DKK
Compliance Reviewer Insurance 314,500 DKK
Consultant Insurance 340,400 DKK
Eligibility Interviewer Insurance 365,400 DKK
Eligibility Specialist Insurance 340,000 DKK
Insurance Account Manager Insurance 406,300 DKK
Insurance Accounts Executive Insurance 341,900 DKK
Insurance Adjuster Insurance 308,300 DKK
Insurance Agent Insurance 190,500 DKK
Insurance Analyst Insurance 325,600 DKK
Insurance Appraiser Insurance 332,100 DKK
Insurance Claims Clerk Insurance 123,400 DKK
Insurance Examiner Insurance 296,000 DKK
Insurance Investigator Insurance 297,000 DKK
Insurance Manager Insurance 555,800 DKK
Insurance Operations Manager Insurance 565,100 DKK
Insurance Policy Processing Clerk Insurance 116,180 DKK
Insurance Pricing Assistant Insurance 246,500 DKK
Insurance Program Manager Insurance 409,000 DKK
Insurance Project Manager Insurance 431,300 DKK
Insurance Sales Agent Insurance 204,700 DKK
Insurance Sales Director Insurance 548,800 DKK
Insurance Sales Manager Insurance 412,000 DKK
Insurance Sales Representative Insurance 174,000 DKK
Insurance Team Leader Insurance 340,000 DKK
Insurance Underwriter Insurance 239,000 DKK
Loss Control Specialist Insurance 312,400 DKK
Loss Prevention Investigator Insurance 327,300 DKK
Loss Prevention Manager Insurance 454,300 DKK
Loss Prevention Specialist Insurance 362,200 DKK
Marine Underwriter Insurance 254,700 DKK
Medical Auditor Insurance 327,800 DKK
Monitoring and Performance Officer Insurance 225,300 DKK
Payment Services Specialist Insurance 315,900 DKK
Policy Change Director Insurance 510,200 DKK
Policy Change Supervisor Insurance 349,300 DKK
Policy Change Technician Insurance 152,300 DKK
Risk Analyst Insurance 381,800 DKK
Risk Management Director Insurance 650,800 DKK
Risk Management Supervisor Insurance 414,000 DKK
Risk Manager Insurance 605,700 DKK
Risk Modeling Manager Insurance 595,300 DKK
Title Insurance Typist Insurance 277,400 DKK
Training Manager Insurance 369,300 DKK

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