An Underwriter earns an average salary of AED 129,730 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

AED 57,945 - AED 375,625
AED 58K
AED 130K
AED 380K
MEDIAN: AED 129,730
10%
50%
90%
AED 0AED 415K
Salary AED 57,945 - AED 375,625
Bonus AED 7.50 - AED 185,000
Profit Sharing AED 5,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AED 57,945 - AED 415,594
  • Country: United Arab Emirates
  • Currency: AED
  • Updated: 19 May 2018
  • Individuals Reporting: 46

Job Description for Underwriter

Underwriters work primarily in banks which handle loans and mortgages and are responsible for analyzing the risks of a loan based on the data in the application. They also oversee other information in the loan application to ensure it is accurate.

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Underwriter Tasks

  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

Underwriter Pay By Employer

$0$105K

$60,042

$68,359

$45,893

$68,906

$59,197

Aetna, Inc.
25 profiles
$51,230

ACE Group
24 profiles
$60,308

$52,529

$63,859

$53,109

Underwriter Job Listings

Pay Difference by Location

National Average: AED 138,755

Larger city markers indicate a job is popular in that location.

Key Stats for Underwriter

Gender

Female
38 %
Male
62 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
1-4 years
24%
5-9 years
59%
10-19 years
17%

Experience Affects Underwriter Salaries

▲38%

▲26%

National Average
AED 139,000

▼35%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
24%
5-9 years
59%
10-19 years
17%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 27%
vision benefits
Vision: 13%
no benefits
None: 7%