Insurance

Salary for position Product Development Specialist in South Africa

Gross salary in South Africa is

An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:

18K - 55K ZAR

10% earn less lthan 18K ZAR

10% earns more than 55K ZAR

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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 South Africa earn between 17,748 ZAR and 55,425 ZAR monthly gross.

10% of employees earn less than 17,748 ZAR and 10% of people earn more than 55,425 ZAR.

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

192. place

Women representation in position

n/a

Average age of respondent by position

n/a

812. place

Nursery School Teacher Assistant

Education, Science & Research

8,072 - 18,058 ZAR

193. place

Customer Relationship Manager

Commerce

16,502 - 58,682 ZAR

192. place

Product Development Specialist

Insurance

17,748 - 55,425 ZAR

191. place

Dentist

Medicine & Social Care

21,716 - 50,097 ZAR

1. place

IT Architect

Information Technology

37,518 - 184,215 ZAR

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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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