Insurance Analyst salary in Kenya

Gross annual earnings — 2022 · Africa · Source: ILO / Life Indexed estimate

Average salary KES 1,463,900 per year (2022)
Minimum KES 951,500 per year
Maximum KES 2,122,700 per year
Monthly (est.) KES 121,992 per month
Advertisement

Insurance Analyst salary in Kenya over time

Insurance Analyst salary — Africa comparison

How Kenya compares to other Africa countries

Country Average salary (2022) vs Kenya
Kenya KES 1,463,900/yr
Tanzania TZS 18,918,100/yr local currency
Nigeria NGN 13,606,800/yr local currency
Egypt EGP 600,600/yr local currency
South Africa ZAR 352,800/yr local currency
Ethiopia ETB 350,300/yr local currency
Ghana GHS 172,000/yr local currency
Morocco MAD 159,500/yr local currency

Insurance Analyst salary worldwide

Advertisement

Frequently asked questions about Insurance Analyst salaries in Kenya

What is the average Insurance Analyst salary in Kenya in 2022?

The average insurance analyst salary in Kenya in 2022 is KES 1,463,900 per year (KES 121,992 per month, or KES 28,152 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Insurance Analyst in Kenya?

Insurance Analysts in Kenya earn between KES 951,500 and KES 2,122,700 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Insurance Analyst earn per month in Kenya?

A insurance analyst in Kenya earns approximately KES 121,992 per month (gross) in 2022, based on an annual average of KES 1,463,900. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Kenya.

What is the entry-level Insurance Analyst salary in Kenya?

Entry-level insurance analysts in Kenya typically earn between KES 951,500 and KES 1,244,300 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Insurance Analyst salary in Kenya increasing?

Yes. Based on available data, Insurance Analyst salaries in Kenya have grown by approximately 21% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is KES 1,463,900 a good salary for a Insurance Analyst in Kenya?

Whether KES 1,463,900 per year is a good insurance analyst salary in Kenya depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Insurance Analyst salary in Kenya compare to other Africa countries?

Kenya's insurance analyst salary of KES 1,463,900/yr (among comparable economies) is higher than 5 countries and lower than 2 countries in the Africa region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.