Average Entry-Level Underwriter Salary in South Africa

R188,193
Avg. Base Salary (ZAR)
10%
ZAR 120k
MEDIAN
ZAR 188k
90%
ZAR 345k

The average salary for an Underwriter is R188,193

Base Salary
R120k - R345k
Bonus
R10k - R75k
Total Pay
R78k - R322k
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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
83.3%
Female
16.7%
This data is based on 6 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

57%

None

43%