Average Mid-Career Underwriter Salary in South Africa

R251,048
Avg. Base Salary (ZAR)
10%
ZAR 175k
MEDIAN
ZAR 251k
90%
ZAR 574k

The average salary for an Underwriter is R251,048

Base Salary
R175k - R574k
Bonus
R8k - R92k
Profit Sharing
R0 - R13k
Total Pay
R165k - R589k
Is Average Mid-Career Underwriter Salary in South Africa your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
United States (change)
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
EXPLORE BY:

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.
Find your market worth – how it works:
Tell us about your job and pay factors like skills and educationTell us about your job and pay factors like skills and education
Find your market worth with a report tailored to youFind your market worth with a report tailored to you
Negotiate your pay with confidenceNegotiate your pay with confidence

Gender Breakdown

Female
53.3%
Male
46.7%
This data is based on 30 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

53%

Dental

6%

Vision

6%

None

47%