S$43,794
Avg. Salary
Avg. Hourly Rate
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The average pay for an Insurance Underwriter is {{pay}} per hour.

The average pay for an Insurance Underwriter is S$43,794 per year.

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S$35k
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S$44k
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S$52k
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MEDIAN S$43,794

Job Description for Insurance Underwriter

An insurance underwriter helps assess risks, analyze payment and premiums related to those risks, and determine if a business or entity should be insured. Insurance underwriters typically work in an insurance company and must have strong accounting and statistical analysis skills.

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Insurance 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.

Insurance Underwriter Job Listings

Pay Difference by Location

National Average: S$47,965

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

Key Stats for Insurance Underwriter

Gender

Female
75 %
Male
25 %
1-4 years
100%

Gender

Female
75 %
Male
25 %

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 71%
vision benefits
Vision: 43%
no benefits
None: