Heirs Insurance has become one of the hottest names in Nigeria’s insurance industry.
People are rushing to apply for jobs there, especially with how fast they are growing.
But what many want to know before applying is, how much does Heirs Insurance really pay?
As part of the Heirs Holdings Group owned by billionaire Tony Elumelu,
Heirs Insurance is redefining the insurance game with technology and speed.
They focus on simple, affordable, and fast insurance services for Nigerians.
In just a few years of operation, they’ve already gained national recognition.
With their head office in Lagos and branches across the country,
Heirs Insurance has become a top career destination for Nigerian professionals.
This guide reveals everything you should know about Heirs Insurance salary structure.
From interns to executives, we’ll look at real figures, bonuses, and extra benefits.
Whether you’re applying for a role or just curious, this guide gives you all the details.
About Heirs Insurance Nigeria
Heirs Insurance Limited is a digital-first, fully licensed general insurance company.
It operates under the Heirs Holdings umbrella, which also owns UBA and Heirs Life.
Their goal is to provide simple, fast, and reliable insurance to everyday Nigerians.
They have created a modern, technology-driven culture that appeals to young talent.
The workplace vibe is innovative and youthful, far from traditional insurance firms.
Their recruitment has attracted both fresh graduates and experienced professionals.
The company operates in sectors like motor insurance, home insurance, and travel cover.
And because of their growth, they’re hiring regularly for roles in sales, tech, and admin.
But the big question remains, what do they pay their staff?
Heirs Insurance Entry-Level Salary in Nigeria
Fresh graduates entering Heirs Insurance typically start between ₦130,000 to ₦160,000.
This applies to roles like customer care, admin officers, and junior underwriting staff.
Graduate trainees may start lower during training, around ₦100,000 per month.
After 3–6 months, once they’re confirmed, their pay usually increases slightly.
For example, a confirmed operations officer may earn up to ₦170,000 monthly.
This is above average when compared to many Nigerian insurance companies.
The salary also comes with other benefits like internet allowance and HMO plans.
Working hours are fairly structured, with room for remote work in some departments.
In a nutshell, entry-level pay is attractive, especially for a company still under five years old.
Mid-Level Staff Salary at Heirs Insurance
Staff with 3 to 7 years’ experience fall into this category.
These include senior officers, business analysts, and internal control officers.
Monthly pay ranges from ₦200,000 to ₦400,000 depending on the role and department.
For example, a mid-level finance officer may earn around ₦300,000 monthly.
An experienced underwriter or policy administrator may earn closer to ₦350,000.
Technical roles in IT and product management tend to attract even higher salaries.
Heirs Insurance puts strong focus on performance and KPIs.
Those who meet or exceed expectations often get salary adjustments quickly.
Some departments offer quarterly incentives in addition to fixed monthly pay.
Sales/Marketing Executives at Heirs Insurance
This is one area where income is performance-driven rather than fixed.
Heirs Insurance employs marketers as Retail Sales Executives or Relationship Officers.
Their basic salary ranges between ₦50,000 to ₦80,000, depending on the state and experience.
But the real money is in the commissions they earn from each policy sold.
On average, commissions range from ₦10,000 to ₦30,000 per policy, based on the plan.
Top performers can take home ₦200,000 to ₦500,000 or more monthly, including bonuses.
They also reward high achievers with gadgets, cash prizes, and international trips.
So, while base pay is low, strong marketers often earn more than office-based staff.
However, this role requires resilience, daily movement, and meeting tough sales targets.
Editors pick
Managerial & Executive Salaries at Heirs Insurance
Managers and senior officers earn anywhere from ₦500,000 to over ₦1.5 million monthly.
Roles like Branch Managers, Head of Operations, and Senior Product Managers fall here.
These people supervise teams, lead strategies, and take big decisions daily.
Top executives like Chief Operating Officers (COOs) and Directors earn even more.
They earn between ₦2 million and ₦4 million monthly, including housing and travel allowances.
Their bonuses are also tied to company-wide performance and profitability.
At this level, other benefits include official vehicles, fuel allowance, and security perks.
Executives also receive stock options or profit-sharing in some cases.
The company ensures its leadership team is well compensated to drive growth.
Internship and NYSC Pay at Heirs Insurance
Interns and NYSC corps members are welcome at Heirs Insurance every year.
Interns earn between ₦30,000 and ₦50,000 monthly, depending on department and skill level.
IT interns may earn slightly more, especially if they work with engineering teams.
NYSC corps members earn ₦50,000 to ₦70,000 monthly, plus possible transport stipend.
Some departments offer lunch or remote working options, depending on your role.
Outstanding corps members sometimes get retained after their service year.
Bonuses, Incentives and Other Benefits
Heirs Insurance rewards staff with regular bonuses based on performance.
Bonuses are usually paid quarterly or yearly, especially in revenue-generating units.
Top marketers can earn up to ₦1 million in annual commissions and bonuses.
There are also non-monetary rewards like promotions, gadgets, and paid trips.
Other benefits include health insurance (HMO), pensions, internet allowance,
data reimbursement, flexible working options, and regular staff training.
Managers and department heads enjoy additional benefits like housing support.
Some teams get laptops, phones, or transport allowances depending on role.
The company invests in modern work tools to keep employees productive.
How Heirs Insurance Salary Compares to Other Firms
Compared to older insurance companies like Leadway or AIICO,
Heirs offers slightly lower pay at entry level, but more performance-based rewards.
They attract younger workers by offering tech tools, learning, and flexible work.
AIICO pays marketers lower commission but higher base salary.
Leadway offers better long-term career paths but traditional systems.
Heirs shines in modern tools, youth culture, and innovation, not just salary.
Their salary is competitive in the Nigerian insurance landscape.
And as they grow, salary reviews are becoming more frequent.
The overall compensation package is strong for a young insurance firm.
Tips to Earn More at Heirs Insurance
To earn more, aim for high performance, especially in sales or operations.
Meeting monthly targets opens you up for bonuses and faster promotions.
Technical certifications in insurance or finance also give you an edge.
Consider cross-training in departments like claims, underwriting, or tech.
Those with digital skills (e.g., product design, marketing tech, or analytics)
tend to earn more and rise faster in the company’s structure.
Always track your KPIs and build strong internal relationships.
The company values those who innovate and solve problems quickly.
Stay hungry for growth, that’s how you climb faster at Heirs.
Estimated Salary Table by Role 2025
| Role | Estimated Monthly Salary |
|---|---|
| Graduate Trainee | ₦100,000 – ₦130,000 |
| Entry-Level Officer | ₦130,000 – ₦160,000 |
| Sales Executive (Base Pay) | ₦50,000 – ₦80,000 |
| Sales Executive (With Commissions) | ₦200,000 – ₦500,000+ |
| Customer Service Rep | ₦120,000 – ₦150,000 |
| Underwriter | ₦180,000 – ₦250,000 |
| Team Lead / Supervisor | ₦300,000 – ₦400,000 |
| Branch Manager | ₦600,000 – ₦1.2 million |
| Executive Director | ₦2M – ₦4M+ |
| NYSC Member | ₦50,000 – ₦70,000 |
| Intern | ₦30,000 – ₦50,000 |
Frequently Asked Questions (FAQs)
How much do entry-level staff earn at Heirs Insurance?
They earn between ₦130,000 and ₦160,000, depending on the role and qualifications.
Graduate trainees may start with ₦100,000 before confirmation.
Do marketers at Heirs Insurance earn well?
Yes. Though base pay is low, top performers earn ₦200,000 to ₦500,000+ monthly.
Income is tied to commissions and performance incentives.
Does Heirs Insurance pay NYSC corpers?
Yes. Corps members earn ₦50,000 to ₦70,000 per month depending on the department.
Some departments also offer transport or meal stipends.
Are there promotion opportunities at Heirs Insurance?
Absolutely. Staff who meet targets and add value are promoted quickly.
Performance-based appraisals are conducted quarterly or yearly.
What benefits do staff enjoy aside from salary?
They get bonuses, internet/data allowance, health insurance, and flexible work.
Marketers also get gadgets and paid vacations if they meet major targets.
Conclusion
Heirs Insurance has redefined what it means to work in the Nigerian insurance sector.
They offer not just decent salaries but a modern, energetic work environment.
Whether you’re starting your career or looking for new challenges, it’s a smart option.
From graduate trainees to marketers and top executives,
Heirs provides room for growth, performance incentives, and tech-driven culture.
Though entry pay may not beat the big banks, their commissions and bonuses are unbeatable.
This guide has shown you the full salary breakdown, no sugarcoating.
Now you know what to expect, how to grow, and where to position yourself.
If you’re aiming for a job with purpose, pay, and progress, Heirs Insurance is worth it.