Insurance

Salary for position Product Development Specialist in Nigeria

Gross salary in Nigeria is

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80% of people earn:

196K - 609K NGN

10% earn less lthan 196K NGN

10% earns more than 609K NGN

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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 Nigeria earn between 196,346 NGN and 608,729 NGN monthly gross.

10% of employees earn less than 196,346 NGN and 10% of people earn more than 608,729 NGN.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

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What kind of work does Product Development Specialist typically do

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 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

89,488 - 197,945 NGN

180. place

Compliance Specialist

Banking

192,434 - 613,806 NGN

179. place

Product Development Specialist

Insurance

196,346 - 608,729 NGN

178. place

Controller

Economy, Finance, Accountancy

195,581 - 610,437 NGN

1. place

Software Engineer

Information Technology

529,036 - 2,885,294 NGN

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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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