Average Experienced Underwriter with Risk Management / Risk Control Skills Salary in South Africa

R277,873
Avg. Base Salary (ZAR)
25%
ZAR 251k
MEDIAN
ZAR 278k
75%
ZAR 360k

The average salary for an Underwriter is R277,873

Base Salary
R251k - R360k
Bonus
R0 - R29k
Total Pay
R235k - R578k
Is Average Experienced Underwriter with Risk Management / Risk Control Skills Salary in South Africa your job title? Find out what you should be paid
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What is the Pay by Experience Level for Underwriters?

What Do Underwriters Do?

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.
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Gender Breakdown

Male
57.1%
Female
42.9%
This data is based on 7 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

25%

Dental

13%

Vision

13%

None

75%