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Insurance Manager Branch Office Salary in Panama City, Panama

How much does an Insurance Manager Branch Office make in Panama City, Panama?

B/.61,773 (PAB)/year

Average Bonus

B/.4,546 (PAB)

per Year
Total Compensation

B/.65,503.49

As of July, 23, 2026, the average insurance manager branch office gross salary in Panama City, Panama is B/.61,773 or an equivalent hourly rate of B/.27. In addition, insurance manager branch offices earn an average bonus of B/.4,546. An entry level insurance manager branch office with 1-3 years of experience earns an average salary of B/.43,339. At the higher end of the pay range, an senior level insurance manager branch office with 8+ years of experience earns an average salary of B/.70,737. Salary estimates are based on salary survey data collected directly from employers in Panama City, Panama.
Data powered by ERI

Salary Potential for an Insurance Manager Branch Office

Explore the estimated salary growth for an Insurance Manager Branch Office in Panama City, Panama for up to 5 years. The estimated salary of an Insurance Manager Branch Office will be B/.63,324 in 1 year and B/.69,926 in 5 years.
View Salary by Year
Estimated Salary
B/.64,913
Average Growth
5.1 %
The estimated salary for an Insurance Manager Branch Office in 2 years is B/.64,913, which is 5.1 % average growth. This information is based on ERI's compensation database.

Typical Insurance Manager Branch Office Education

This chart displays the highest level of education for Insurance Manager Branch Offices.

  • 0% of Insurance Manager Branch Offices have less than a High School Diploma
  • 0% of Insurance Manager Branch Offices have a High School Diploma
  • 100% of Insurance Manager Branch Offices have an Associate's Degree
  • 0% of Insurance Manager Branch Offices have a Bachelor's Degree
  • 0% of Insurance Manager Branch Offices have a Master's Degree
  • 0% of Insurance Manager Branch Offices have a Doctorate Degree

The typical field of study for an Insurance Manager Branch Office is Business and Personal/Financial Services Marketing Operations.

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Popular Skills for an Insurance Manager Branch Office

Skills data not available for this job

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Insurance Manager Branch Office Salaries in Other Locations

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Cost of Living in Panama City, Panama

The cost of living in Panama City, Panama is 10% higher than the national average.
Cost of living trend higher
10% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does an Insurance Manager Branch Office do?
Manages and coordinates activities of branch office of insurance company, agency or insurance brokerage firm. Hires and trains workers in performing activities, such as selling insurance, processing insurance claims, or underwriting.
How much does an Insurance Manager Branch Office make in Panama City, Panama?
The average salary for an Insurance Manager Branch Office is B/.61,773 per year or B/.27.41 per hour in Panama City, Panama. Top earners have reported making up to B/.70,737. However, the typical pay range in Panama City, Panama is between B/.43,339 and B/.70,737 annually.
What is the salary trajectory for an Insurance Manager Branch Office?
Insurance Manager Branch Office is projected to see a 13.2 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Insurance Manager Branch Office salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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