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Insurance

Salary for position Insurance Underwriter in Saudi Arabia

Gross monthly salary in Saudi Arabia 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:
76K - 269K SAR
10% earn less lthan 76K SAR
10% earns more than 269K SAR
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Salaries in the survey are expressed in gross.

Based on the Saudiarabia.paylab.com salary survey, 80% of people on the Insurance Underwriter position in the Saudi Arabia earn between 75,912 SAR and 269,220 SAR annually gross.

10% of employees earn less than 75,912 SAR and 10% of people earn more than 269,220 SAR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Insurance Underwriter typically do

  • Assessing the risks of the proposed insurance, completing insurance proposals and wording the insurance endorsements.
  • Ensuring medical examinations, medical records and other data that are necessary for a comprehensive risk assessment.
  • Reviewing insurance policies in terms of their accuracy and completeness, and entering the policies into the information system.
  • Reviewing insurance policies concluded after the evaluation.
  • Keeping records of the personal data of people interested in insurance, including those with whom an insurance policy has not been concluded.

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The most common career path of an employee

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Position Insurance Underwriter in the labour market

In the salary ranking,
the job position takes

168. place

Women representation in position

n/a

Average age of respondent by position

n/a

659. place

Cleaner

General labour

Salary group 1

24,000 - 43,680 SAR

169. place

Switching Network Development Specialist

Telecommunications

Salary group 2

89,484 - 248,736 SAR

168. place

Insurance Underwriter

Insurance

Salary group 2

75,912 - 269,220 SAR

167. place

Master in Vocational Education

Education, Science & Research

Salary group 2

108,468 - 225,636 SAR

1. place

Chief Executive Officer

Top Management

Salary group 3

263,520 - 1,228,152 SAR

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What does a salary report contain?
  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Insurance Underwriter.

The total gross salary for the position Insurance Underwriter ranges between 5,187 SAR and 39,690 SAR per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Saudiarabia.paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Insurance Underwriter have a total gross salary of at least 22,435 SAR per month.

10% of the highest-earning employees in this position have a total gross salary higher than 22,435 SAR per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 6,326 SAR per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Insurance Underwriter earns 17,692 SAR per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Saudiarabia.paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Insurance Underwriter, we currently have less than 20 verified respondents collected.