Insurance Sector Salary Survey Report Q3 2026

The 2026 IPC Salary Survey for the Insurance Sector in Zimbabwe benchmarks compensation across all 15 IPC Levels using data from 19 participating organisations, covering 2,064 incumbent records. The survey was conducted in the first quarter of 2026 and reconfirmed for this Third Quarter 2026 edition, covering life, short-term, health and reinsurance organisations. Across the 19 consistent participants, salaries rose 8.5% year on year, against a 17.2% rise in the cost of living between January 2025 and April 2026.

What is inside (62 pages)

• Executive summary and key findings
• Participant profile and sub-sector breakdown
• Methodology and currency approach
• Economic and market context
• Cost of living analysis
• Remuneration components and pay architecture
• Market salary analysis by IPC level (Basic, TDC, TME)
• Executive compensation and sub-sector pay differentials
• Pay mix analysis
• Allowances and benefits, including by sub-sector
• Conclusion and implications for boards
• Appendices: definitions and insurance grading comparison