Career Advice
2024 Salary Guide: Insurance
Want to advance your career in Insurance?
Here are their salaries for each state:
All salary numbers are in ‘000‘
GENERAL INSURANCE | Underwriting Assistant | Commercial Underwriter | Business Development Underwriter | Senior Technical Underwriter | Senior Technical Underwriter |
NSW – Sydney | 56 51 – 56 | 102 87 – 117 | 105 90 – 120 | 122 107 – 143 | 170 145 – 200 |
VIC – Melbourne | 51 51 – 56 | 87 77 – 102 | 100 85 – 120 | 110 90 – 120 | 145 125 – 165 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 51 50 – 56 | 75 66 – 92 | 95 80 – 100 | 82 71 – 102 | 102 92 – 122 |
SA – Adelaide | 56 51 – 56 | 77 66 – 102 | 95 80 – 110 | 82 71 – 102 | 102 92 – 112 |
WA – Perth | 50 50 – 56 | 82 77 – 92 | N/A | 110 102 – 133 | 130 112 – 148 |
ACT – Canberra | 51 50 – 56 | 71 66 – 82 | 95 80 – 110 | 82 71 – 92 | 102 92 – 112 |
New Zealand | 53 46 – 61 | 90 66 – 122 | 100 80 – 120 | 122 80 – 150 | 143 102 – 184 |
GENERAL INSURANCE | Domestic Claims Assessor | Commercial Claims Assessor | Senior Technical Claims Assessor | Claims Team Leader | Head of Claims |
NSW – Sydney | 58 55 – 65 | 71 63 – 84 | 87 82 – 102 | 90 85 – 105 | 150 120 – 180 |
VIC – Melbourne | 53 51 – 61 | 68 61 – 80 | 90 77 – 105 | 90 80 – 105 | 180 160 – 250 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 51 49 – 56 | 65 56 – 77 | 89 77 – 102 | 89 80 – 102 | 160 120 – 170 |
SA – Adelaide | 61 56 – 61 | 66 61 – 77 | 89 80 – 102 | 89 80 – 102 | 150 120 – 180 |
WA – Perth | 55 50 – 60 | 70 61 – 77 | 85 77 – 97 | 95 82 – 102 | N/A |
ACT – Canberra | 51 49 – 56 | 66 61 – 77 | 89 77 – 97 | 92 82 – 102 | N/A |
TAS – Hobart | 53 51 – 56 | 66 63 – 77 | 92 81 – 107 | 92 82 – 102 | N/A |
NT – Darwin | 49 49 – 51 | 65 61 – 77 | 89 80 – 102 | 89 80 – 102 | N/A |
New Zealand | 59 46 – 66 | 68 56 – 78 | 87 71 – 110 | 92 65 – 112 | 110 90 – 150 |
INSURANCE BROKING | Assistant Account Executive | Account Executive | Senior Account Executive | Account Manager | Account Director |
NSW – Sydney | 55 50 – 61 | 68 60 – 77 | 90 80 – 110 | 105 90 – 120 | 175 150 – 200 |
VIC – Melbourne | 57 52 – 66 | 66 56 – 77 | 90 80 – 120 | 100 90 – 140 | 175 150 – 200 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 51 45 – 56 | 66 56 – 77 | 80 70 – 95 | 100 90 – 115 | 130 100 – 140 |
SA – Adelaide | 51 45 – 56 | 66 61 – 71 | 90 80 – 115 | 105 85 – 115 | 170 150 – 200 |
WA – Perth | 52 50 – 55 | 70 60 – 75 | 8575 – 95 | 90 80 – 100 | 150 130 – 170 |
ACT – Canberra | 46 45 – 56 | 56 46 – 71 | 85 75 – 100 | N/A | 140 120 – 170 |
TAS – Hobart | 51 45 – 56 | 61 56 – 71 | 85 70 – 95 | 110 90 – 130 | 170 140 – 180 |
NT – Darwin | 49 45 – 56 | 61 51 – 66 | N/A | N/A | N/A |
New Zealand | 55 46 – 66 | 65 60 – 78 | 85 70 – 110 | 105 90 – 120 | 150 110 – 180 |
LOSS ADJUSTING/ASSESSING | Loss Assessor/ Adjustor | Senior Loss Assessor/Adjustor | Technical/ Specialist Loss Assessor/Adjustor | Assessing Manager |
NSW – Sydney | 56 56 – 77 | 71 71 – 87 | 107 87 – 122 | 122 112 – 138 |
VIC – Melbourne | 57 51 – 72 | 75 68 – 90 | 85 77 – 95 | 130 90 – 160 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 56 51 – 71 | 71 61 – 82 | 82 77 – 92 | 92 84 – 112 |
SA – Adelaide | 51 49 – 54 | 51 49 – 56 | 69 51 – 71 | 84 69 – 84 |
WA – Perth | 55 50 – 60 | 65 60 – 80 | 87 77 – 102 | 115 92 – 135 |
ACT – Canberra | 55 50 – 60 | 66 55 – 75 | 77 56 – 82 | 84 77 – 92 |
TAS – Hobart | 51 49 – 54 | 51 49 – 61 | 66 56 – 77 | 84 77 – 92 |
NT – Darwin | 49 49 – 51 | 51 49 – 56 | 69 51 – 71 | 82 69 – 84 |
New Zealand | 75 56 – 88 | 91 80 – 120 | 122 82 – 143 | 128 82 – 148 |
WORKERS COMPENSATION | Claims Assessor | Case Manager | Senior Case Manager | Team Leader | Manager |
NSW – Sydney | 71 61 – 87 | 71 61 – 87 | 87 77 – 102 | 92 82 – 105 | 140 120 – 150 |
VIC – Melbourne | 55 50 – 58 | 67 61 – 72 | 77 68 – 87 | 90 85 – 100 | 102 100 – 125 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 56 51 – 61 | 56 51 – 61 | 61 56 – 71 | 71 66 – 82 | 82 74 – 102 |
SA – Adelaide | 56 51 – 61 | 59 51 – 61 | 66 61 – 71 | 66 56 – 66 | 71 61 – 77 |
WA – Perth | 55 55 – 65 | 71 60 – 75 | 85 76 – 92 | 87 82 – 92 | 120 92 – 150 |
ACT – Canberra | 65 47 – 7 | 71 49 – 87 | 77 66 – 92 | 87 80 – 100 | 102 84 – 122 |
New Zealand | 66 51 – 77 | 75 56 – 92 | 82 71 – 97 | 92 63 – 102 | 102 80 – 133 |
LIFE INSURANCE | Claims Administrator | Claims Assessor | Senior Claims Assessor | Claims Team Leader | Head of Claims |
NSW – Sydney | 55 55 – 65 | 87 80 – 95 | 115 100 – 130 | 135 120 – 155 | 200 150 – 250 |
VIC – Melbourne | 55 55 – 65 | 80 75 – 85 | 95 85 – 120 | 110 95 – 125 | 200 150 – 250 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 49 46 – 56 | 61 51 – 66 | 69 61 – 80 | 77 66 – 87 | 160 120 – 180 |
SA – Adelaide | 47 45 – 47 | 61 51 – 66 | 71 61 – 80 | 71 66 – 77 | 180 150 – 250 |
WA – Perth | 50 47 – 55 | 60 50 – 65 | 75 69 – 80 | 72 68 – 80 | N/A |
ACT – Canberra | 47 45 – 51 | 61 51 – 66 | 71 61 – 82 | 77 66 – 87 | N/A |
New Zealand | 55 45 – 65 | 65 52 – 82 | 85 66 – 102 | 90 66 – 102 | 170 110 – 200 |
LIFE INSURANCE | Underwriting Assistant | Underwriter | Senior Underwriter | Underwriting Manager | Chief Underwriter |
NSW – Sydney | 61 56 – 71 | 90 80 – 115 | 130 110 – 150 | 167 140 – 200 | 200 180 – 240 |
VIC – Melbourne | 55 52 – 58 | 85 75 – 105 | 130 110 – 150 | 150 130 – 180 | 200 180 – 240 |
QLD – Brisbane, Gold Coast & Sunshine Coast | 53 47 – 61 | 71 66 – 82 | 92 84 – 102 | 92 84 – 112 | 102 92 – 133 |
SA – Adelaide | 56 51 – 56 | 66 51 – 71 | 87 71 – 92 | 92 84 – 102 | 102 92 – 122 |
WA – Perth | 52 50 – 55 | 70 60 – 75 | 87 77 – 97 | 122 92 – 143 | 133 102 – 153 |
ACT – Canberra | 53 47 – 56 | 71 66 – 82 | 92 84 – 102 | 102 84 – 122 | 102 92 – 122 |
New Zealand | 51 46 – 66 | 82 61 – 102 | 128 92 – 153 | 143 102 – 163 | 163 143 – 194 |
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Back to the Main Australia Salary Guide.
Source: HAYS