Average Insurance Sales Director Salary in Palau for 2026

In this article, we will look at the average Insurance Sales Director salary for 2026 in Palau 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does an Insurance Sales Director Make in Palau?

An Insurance Sales Director working in Palau will typically earn around 53,120 USD per year, and this can range from the lowest average salary of about 26,780 USD to the highest average salary of 78,400 USD.

Average Annual Salary53,120 USD
Average Monthly Salary4,426 USD
Average Lowest Salary26,780 USD
Lowest Monthly Salary2,231 USD
Average Highest Salary78,400 USD
Highest Monthly Salary6,533 USD

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

Insurance Sales Director 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 Sales Director Salaries in Palau

So we've looked at the average salaries an Insurance Sales Director will earn in Palau. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Insurance Sales Director can earn between 26,780 USD and 78,400 USD on average in Palau. 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 Sales Director in Palau is 50,080 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 50,080 USD, and 50% of the population earn more than 50,080 USD.

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 Sales Director salary in Palau, 25% of the population are earning less than 35,340 USD while 75% of the population earn more than 35,340 USD.

75% of the population earn less than 60,600 USD, and 25% of the population earn more than 60,600 USD.

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 Sales Director Salary by Experience Level in Palau

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 Sales Director 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 Sales Director in Palau that has less than two years of experience can expect to earn somewhere in the region of 31,400 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Sales Director salary would increase to 40,040 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Sales Director, the average salary would be 53,380 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 62,860 USD.
  • 15 - 20 Years Experience. An Insurance Sales Director with 15 to 20 years of experience can earn an average of 69,260 USD.
  • 20+ Years Experience. For an Insurance Sales Director with more than 20 years, the expected average salary increases to 73,760 USD.

Average Salary by Experience Chart

0-2 Years-
31,400 USD
2-5 Years+34%
40,040 USD
5-10 Years+30%
53,380 USD
10-15 Years+21%
62,860 USD
15-20 Years+9%
69,260 USD
20+ Years+5%
73,760 USD

Insurance Sales Director Salary by Education Level in Palau

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 Sales Director in Palau 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 Sales Director in Palau with a bachelor's degree education can earn an average salary of 41,480 USD.
  • Master's Degree. An Insurance Sales Director in Palau with a master's degree education can earn an average salary of 61,180 USD.

Average Salary by Education Chart

Bachelor's Degree-
41,480 USD
Master's Degree+39%
61,180 USD

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 Palau is around 13,600 to 40,900 USD 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 Sales Director 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 Palau, a male insurance sales director will earn an average of 56,880 USD, while a female insurance sales director will earn around 48,760 USD.

This means that a male insurance sales director earns approximately 17% more than a female insurance sales director for performing the same job.

Average Salary by Gender Chart in Palau

Male-
56,880 USD
Female-17%
48,760 USD

Insurance Sales Director Average Pay Raise in Palau

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 Sales Director in Palau is around 8% every 30 months.

The national average pay raise across all professions and industries in Palau 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that an Insurance Sales Director in Palau can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Palau for 2026

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

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

Banking-
3%
Energy-
6%
Information Technology-
9%
Healthcare-
3%
Travel-
6%
Construction-
9%
Education-
3%

Insurance Sales Director Bonus and Incentive Rates in Palau

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 Sales Director is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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 6% to 8%.

Received Bonus-
62%
No Bonus-
38%

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 Palau earn approximately 19% more than private sector employees in the same role.

Public Sector-
37,200 USD
Private Sector-19%
31,380 USD

Salaries for Jobs Similar to an Insurance Sales Director

In the table below, we have salary information for jobs that are similar to an Insurance Sales Director in Palau.

Job TitleCategorySalary
Actuarial AnalystInsurance45,200 USD
Actuarial AssistantInsurance28,860 USD
Actuarial SpecialistInsurance32,960 USD
ActuaryInsurance45,580 USD
Adjustment Insurance ClerkInsurance10,000 USD
Assistant BrokerInsurance21,380 USD
Assistant Claims ManagerInsurance35,340 USD
Associate Insurance RepresentativeInsurance16,720 USD
Auditing Insurance ManagerInsurance48,920 USD
BrokerInsurance30,700 USD
Claim Advocacy ProfessionalInsurance32,620 USD
Claims AdjusterInsurance13,660 USD
Claims AnalystInsurance15,920 USD
Claims ExaminerInsurance16,720 USD
Claims ManagerInsurance44,720 USD
Claims ProcessorInsurance10,980 USD
Claims RepresentativeInsurance11,880 USD
Claims Resolution SpecialistInsurance34,380 USD
Claims SupervisorInsurance32,960 USD
Complaints SpecialistInsurance28,860 USD
Compliance ExaminerInsurance31,400 USD
Compliance OfficerInsurance24,720 USD
Compliance ReviewerInsurance27,560 USD
ConsultantInsurance32,960 USD
Eligibility InterviewerInsurance32,900 USD
Eligibility SpecialistInsurance31,340 USD
Insurance Account ManagerInsurance42,400 USD
Insurance Accounts ExecutiveInsurance34,380 USD
Insurance AdjusterInsurance31,380 USD
Insurance AgentInsurance20,120 USD
Insurance AnalystInsurance33,960 USD
Insurance AppraiserInsurance34,980 USD
Insurance Claims ClerkInsurance12,200 USD
Insurance ExaminerInsurance26,860 USD
Insurance InvestigatorInsurance32,620 USD
Insurance ManagerInsurance53,320 USD
Insurance Operations ManagerInsurance54,700 USD
Insurance Policy Processing ClerkInsurance12,200 USD
Insurance Pricing AssistantInsurance27,020 USD
Insurance Program ManagerInsurance40,600 USD
Insurance Project ManagerInsurance40,040 USD
Insurance Quality Assurance AgentInsurance28,820 USD
Insurance Sales AgentInsurance16,980 USD
Insurance Sales ManagerInsurance42,400 USD
Insurance Sales RepresentativeInsurance18,780 USD
Insurance Team LeaderInsurance33,980 USD
Insurance UnderwriterInsurance22,660 USD
Loss Control SpecialistInsurance32,200 USD
Loss Prevention InvestigatorInsurance31,520 USD
Loss Prevention ManagerInsurance44,540 USD
Loss Prevention SpecialistInsurance35,520 USD
Marine UnderwriterInsurance25,220 USD
Medical AuditorInsurance34,080 USD
Monitoring and Performance OfficerInsurance23,400 USD
Payment Services SpecialistInsurance33,120 USD
Policy Change DirectorInsurance49,200 USD
Policy Change SupervisorInsurance35,500 USD
Policy Change TechnicianInsurance16,880 USD
Risk AnalystInsurance34,960 USD
Risk Management DirectorInsurance64,560 USD
Risk Management SupervisorInsurance39,560 USD
Risk ManagerInsurance56,460 USD
Risk Modeling ManagerInsurance62,100 USD
Title Insurance TypistInsurance27,300 USD
Training ManagerInsurance38,180 USD

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