Insurance Analyst salary in Kenya

The average insurance analyst salary in Kenya in 2024 is KES 1,591,200 per year (KES 132,600 per month, or KES 30,600 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

Insurance Analysts in Kenya earn between KES 1,034,300 and KES 2,307,200 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

A insurance analyst in Kenya earns approximately KES 132,600 per month (gross) in 2024, based on an annual average of KES 1,591,200. 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.

Entry-level insurance analysts in Kenya typically earn between KES 1,034,300 and KES 1,352,500 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

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.

Whether KES 1,591,200 per year is a good insurance analyst salary in Kenya depends on cost of living, location, and career stage. This figure represents the 2024 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.

Kenya's insurance analyst salary of KES 1,591,200/yr (among comparable economies) is higher than 5 countries and lower than 2 countries in the Africa region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.