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INSURANCE UNDERWRITER / SALARY
Average Salary - Insurance Underwriter / Malaysia MALAYSIA


SALARY SURVEYS

9

UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

4.6 MYR = 1 USD

101,172 MYR

$22,018 USD
Kuala Lumpur

102,790 MYR

32,165 MYR

$7,000 USD
Including "Kuala Lumpur"
Excluding "Kuala Lumpur"

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Average Salary / Insurance Underwriter / Malaysia

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Average salary for Insurance Underwriter / Malaysia is 101,172 MYR per year. The most typical earning is 32,165 MYR. All data are based on 9 salary surveys. Salaries are different between men and women. Men receive an average salary of 143,364 MYR. Women receive a salary of 72,141 MYR.

Based on education, the highest salaries receive people with Some College with salary of 124,524 MYR. The second most paid education level is Bachelors Degree with salary of 101,549 MYR.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 156,230 MYR. Employees with 12-16 Years of experience receive 131,417 MYR.

Levels / Insurance Underwriter / Malaysia (Gross MYR)

Salary Levels (MYR) per Year Surveys [%]
13,800 MYR - 22,999 MYR
0 n/a
THE MOST TYPICAL SALARY
23,000 MYR - 45,899 MYR
2 100%
22.22%
46,000 MYR - 68,899 MYR
1 77.78%
11.11%
68,900 MYR - 91,899 MYR
2 66.67%
22.22%
91,900 MYR - 114,899 MYR
0 n/a
114,900 MYR - 137,799 MYR
2 44.44%
22.22%
137,900 MYR - 160,799 MYR
1 22.22%
11.11%
160,800 MYR - 183,799 MYR
0 n/a
183,800 MYR - 206,799 MYR
1 11.11%
11.11%
206,800 MYR - 229,699 MYR
0 n/a
229,800 MYR - 252,699 MYR
0 n/a
252,700 MYR - 275,699 MYR
0 n/a
275,700 MYR - 298,699 MYR
0 n/a
298,700 MYR - 321,599 MYR
0 n/a
321,700 MYR - 344,599 MYR
0 n/a
344,600 MYR - 367,599 MYR
0 n/a
367,600 MYR - 390,599 MYR
0 n/a
390,600 MYR - 413,499 MYR
0 n/a
413,600 MYR - 436,499 MYR
0 n/a
436,500 MYR - 459,499 MYR
0 n/a
459,500 MYR - 482,499 MYR
0 n/a
482,500 MYR - 505,399 MYR
0 n/a
505,500 MYR - 528,399 MYR
0 n/a
528,400 MYR - 551,399 MYR
0 n/a
551,400 MYR - 574,399 MYR
0 n/a
574,400 MYR - 597,299 MYR
0 n/a
597,400 MYR - 620,299 MYR
0 n/a
620,300 MYR - 643,299 MYR
0 n/a
643,300 MYR - 666,299 MYR
0 n/a
666,300 MYR - 689,199 MYR
0 n/a
HIGH SALARIES
689,300 MYR - 735,199 MYR
0 n/a
735,200 MYR - 781,099 MYR
0 n/a
781,200 MYR - 827,099 MYR
0 n/a
827,100 MYR - 872,999 MYR
0 n/a
873,100 MYR - 918,999 MYR
0 n/a
919,000 MYR - 964,899 MYR
0 n/a
965,000 MYR - 1,010,899 MYR
0 n/a
1,010,900 MYR - 1,056,799 MYR
0 n/a
1,056,900 MYR - 1,102,799 MYR
0 n/a
1,102,800 MYR - 1,148,699 MYR
0 n/a
1,148,800 MYR - 1,608,299 MYR
0 n/a
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Gender / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Men 2 143,364 MYR
2 Women 5 72,141 MYR

Education / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Some College 1 124,524 MYR
2 Bachelors Degree 7 101,549 MYR
3 Masters Degree 1 73,979 MYR

Experience / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 8-12 Years 3 156,230 MYR
2 12-16 Years 1 131,417 MYR
3 4-8 Years 1 88,224 MYR
4 2-4 Years 1 73,979 MYR
5 1-2 Years 2 52,842 MYR
6 0-1 Year 1 42,733 MYR

Age / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 n/a 2 131,417 MYR
2 41-45 1 131,417 MYR
3 31-35 2 121,767 MYR
4 26-30 2 94,657 MYR
5 21-25 2 41,814 MYR

Work Type / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 9 101,090 MYR

Cities / Insurance Underwriter / Malaysia (Gross MYR)

# Surveys AVERAGE SALARY / YEAR
1 Kuala Lumpur 8 102,928 MYR
2 Ipoh 1 88,224 MYR

People's individual salary examples (surveys)

Assistant Manager
Posted 26 March 2022
City Education Experience Knowledge Gross salary / year
Ipoh Bachelors Degree 4-8 Years Intermediate 88,300 MYR

Reinsurance
Posted 16 January 2019
City Education Experience Knowledge Gross salary / year
Kuala Lumpur Bachelors Degree 12-16 Years n/a 131,600 MYR


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