Insurance

Product Development Specialist

Gross salary in Israel is

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80% of people earn:

11K - 22K ILS

10% earn less lthan 11K ILS

10% earns more than 22K ILS

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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 Israel earn between 11,255 ILS and 21,905 ILS monthly gross.

10% of employees earn less than 11,255 ILS and 10% of people earn more than 21,905 ILS.

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

179. place

Women representation in position

n/a

Average age of respondent by position

n/a

812. place

Nursery School Teacher Assistant

Education, Science & Research

3,586 - 8,409 ILS

180. place

Logistics Manager

Management

7,695 - 26,756 ILS

179. place

Product Development Specialist

Insurance

11,255 - 21,905 ILS

178. place

Health Program Development Specialist

Insurance

1. place

Chief Executive Officer

Top Management

18,821 - 68,201 ILS

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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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