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Insurance

Product Development Specialist

Average gross monthly salary in Hungary 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:
1,440 - 3,038 EUR
10% earn less lthan 1,440 EUR
10% earns more than 3,038 EUR

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 1,440 EUR and 3,038 EUR monthly gross.

10% of employees earn less than 1,440 EUR and 10% of people earn more than 3,038 EUR.

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.

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

164. place

Women representation in position

0%

Average age of respondent by position

38

653. place

Iron founder

Mining, Metallurgy

Salary group 1

736 - 1,161 EUR

165. place

Maintenance Engineer

Car Industry

Salary group 2

1,571 - 3,172 EUR

164. place

Product Development Specialist

Insurance

Salary group 2

1,440 - 3,038 EUR

163. place

Quality Planner

Quality Management

Salary group 2

1,550 - 3,081 EUR

1. place

Chief Executive Officer

Top Management

Salary group 3

1,927 - 10,071 EUR

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