Salary Structure at the National Insurance Commission (NAICOM)
The National Insurance Commission (NAICOM) is the apex regulatory body for the insurance industry in Nigeria.
It is responsible for the regulation and supervision of all insurance companies operating in the country.
NAICOM is also responsible for promoting the development of the insurance industry and ensuring that policyholders are protected.
NAICOM offers a competitive salary structure for its employees.
The salary structure is based on a number of factors, including the employee’s job title, experience, and qualifications.
Entry-level Salary Structure at NAICOM
Management Trainee: NGN 3M
Insurance Analyst: NGN 2.5M
Underwriter: NGN 2M
Other salary levels at NAICOM
Assistant Manager: NGN 3.5M
Deputy Manager: NGN 5M
Manager: NGN 7M
Senior Manager: NGN 9M
Assistant Director: NGN 11M
Deputy Director: NGN 13M
Director: NGN 15M
Commissioner: NGN 17M
FAQs
What factors affect salary at NAICOM?
The following factors affect salary at NAICOM:
- Job title
- Experience
- Qualifications
- Performance
How often are salaries reviewed at NAICOM?
Salaries at NAICOM are reviewed annually.
Does NAICOM offer any benefits in addition to salary?
Yes, NAICOM offers a number of benefits in addition to salary, including:
- Pension plan
- Health insurance
- Leave allowance
- Transportation allowance
- Housing allowance
What is the career progression like at NAICOM?
NAICOM offers a number of opportunities for career progression. Employees are encouraged to develop their skills and knowledge, and there are a number of training and development programs available. NAICOM also offers a number of opportunities for internal promotion.
Also Read: Salary Structure at the National Council on Privatisation (NCP)
