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Insurance

Product Development Specialist

Average gross salary in Myanmar is
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80% of people earn:
542K - 1.6M MMK
10% earn less lthan 542K MMK
10% earns more than 1.6M MMK

Salaries in the survey are expressed in gross.

Based on the myanmar.paylab.com salary survey, 80% of people on the Product Development Specialist position in the Myanmar earn between 542,231 MMK and 1,614,569 MMK monthly net.

10% of employees earn less than 542,231 MMK and 10% of people earn more than 1,614,569 MMK.

The survey is based on data from employees, cleaned of extreme and duplicate values.

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

The job position is
in the salary ranking on

163 place

Women representation in position

n/a

Average age of respondent in position

n/a

772. place

Receptionist

Administration

Salary group 1

191,037 - 430,759 MMK

164. place

Head of Customer Support

Management

Salary group 2

438,324 - 1,750,188 MMK

163. place

Product Development Specialist

Insurance

Salary group 2

542,231 - 1,614,569 MMK

162. place

Anesthetist

Medicine & Social Care

Salary group 2

624,470 - 1,503,579 MMK

1. place

Senior Project Manager

Management

Salary group 3

928,190 - 5,944,529 MMK

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