Insurance

Product Development Specialist

Gross salary in Dominican Republic is

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80% of people earn:

13K - 37K DOP

10% earn less lthan 13K DOP

10% earns more than 37K DOP

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Product Development Specialist position in the Dominican Republic earn between 12,594 DOP and 37,069 DOP monthly gross.

10% of employees earn less than 12,594 DOP and 10% of people earn more than 37,069 DOP.

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

191. place

Women representation in position

n/a

Average age of respondent by position

n/a

813. place

Nursery School Teacher Assistant

Education, Science & Research

5,790 - 11,810 DOP

192. place

Controller

Economy, Finance, Accountancy

12,175 - 37,614 DOP

191. place

Product Development Specialist

Insurance

12,594 - 37,069 DOP

190. place

Mechanical Engineer

Mechanical Engineering

11,501 - 38,634 DOP

1. place

Chief Executive Officer

Top Management

22,496 - 114,966 DOP

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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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