Insurance

Product Development Specialist

Average gross monthly salary in Hungary is

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80% of people earn:

531K - 1.2M Ft

10% earn less lthan 531K Ft

10% earns more than 1.2M Ft

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Fizetesek.hu salary survey, 80% of people on the Product Development Specialist position in the Hungary earn between 530,500 Ft and 1,150,127 Ft monthly gross.

10% of employees earn less than 530,500 Ft and 10% of people earn more than 1,150,127 Ft.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Monitoring the insurance market, developing new products and submitting proposals for changes to existing products.
Completing the texts of contracts, insurance clauses and special arrangements.
Drawing up the guidelines and bylaws relating to a given class of insurance.
Analysing the rates of insurance, and monitoring and analysing the loss ratio of the products.
Preparing documents for the implementation of changes related to product innovation in the information system.
Preparing and completing methodical seminars for distribution networks.
Providing expert consultations on the products in a given class of insurance to other sections of the company.

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The most common career path of an employee

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Position Product Development Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

166. place

Women representation in position

Average age of respondent by position

653. place

Cleaner

General labour

290,802 - 446,656 Ft

167. place

IT Tester

Information Technology

585,860 - 1,172,736 Ft

166. place

Product Development Specialist

Insurance

530,500 - 1,150,127 Ft

165. place

Warehouse Manager

Management

539,150 - 1,192,178 Ft

1. place

Chief Executive Officer

Top Management

823,787 - 4,233,186 Ft

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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