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Insurance

Product Development Specialist

Average gross salary in Burkina Faso 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:
195K - 572K CFA
10% earn less lthan 195K CFA
10% earns more than 572K CFA

Salaries in the survey are expressed in gross.

Based on the Burkinafaso.paylab.com salary survey, 80% of people on the Product Development Specialist position in the Burkina Faso earn between 194,996 CFA and 571,921 CFA monthly net.

10% of employees earn less than 194,996 CFA and 10% of people earn more than 571,921 CFA.

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.

The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Product Development Specialist - Insurance in the labour market

In the salary ranking,
the job position takes

143. place

Women representation in position

n/a

Average age of respondent by position

n/a

655. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

89,844 - 183,745 CFA

144. place

Telecommunication Specialist

Telecommunications

Salary group 2

214,931 - 543,881 CFA

143. place

Product Development Specialist

Insurance

Salary group 2

194,996 - 571,921 CFA

142. place

Financial Analyst

Economy, Finance, Accountancy

Salary group 2

172,993 - 604,166 CFA

1. place

Chief Executive Officer

Top Management

Salary group 3

334,721 - 1,829,649 CFA

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