INSURANCE UNDERWRITER SALARY IN SINGAPORE

Singapore   Singapore  • Change Location

Average gross salary for Insurance Underwriter GROSS SALARY
SGD 129,866
Average gorss salary (USD) for Insurance Underwriter GROSS SALARY (USD)
US$ 101,546
Average net salary for Insurance Underwriter NET SALARY
SGD 109,833
The most typical salary for Insurance Underwriter MOST TYPICAL GROSS
SGD 36,000
  Updated: 11 Oct 2019   Diff. gross vs. net: 15%
  Salary entries: 12

Insurance Underwriter Earnings in Singapore

Average salary for Insurance Underwriter in Singapore is SGD 129,866.

Average take home earning is SGD 109,833 (Net).

The most typical salary is SGD 36,000 (Gross).

These data are from our visitors surveys (12 individual salaries).

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Percentage of people Earn this salary or more
17 % SGD 305,000
25 % SGD 200,000
42 % SGD 150,000
50 % SGD 130,000
100 % SGD 36,000
City Avg. gross salary (USD) Salary entries
Singapore SGD 129,866 US$ 101,546 12

Salary entries from individual employees for Insurance Underwriter in Singapore

Below is the list of 12 individual salary profiles - all added on this website.

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(2/2)  MANAGER


 Posted: 11 Oct 2019

Bachelors Degree, 4-8 years: "Underwriting, reporting, liasing with brokers."
Individual GROSS salary:
SGD 100,000
US$ 75,377

(1/2)  UNDERWRITER


 Posted: 28 Mar 2019

Masters Degree, 4-8 years: "Underwriting Managing countries and key clients."
Individual GROSS salary:
SGD 150,000
US$ 113,066

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  SALARY BY LEVEL   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 245,200 SGD 305,000
02
205K US$ 157,699 SGD 200,000
01
155K US$ 115,380 SGD 150,000
02
135K US$ 92,181 SGD 130,000
01
105K US$ 75,377 SGD 100,000
01
65K US$ 47,078 SGD 60,000
01
55K US$ 39,740 SGD 50,400
01
35K US$ 28,439 SGD 36,000
03

  SALARY BY GENDER   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 140,747 SGD 179,333 06
Women US$ 76,403 SGD 100,200 02
N/A US$ 55,317 SGD 70,500 04

  SALARY BY EDUCATION   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Masters Degree US$ 115,380 SGD 150,000 02
Bachelors Degree US$ 105,339 SGD 134,222 09
Some College US$ 39,740 SGD 50,400 01

Insurance Underwriter workers holding Masters Degree degrees enjoy the highest average gross salaries in Singapore. With an earned Masters Degree, they grosses SGD 150,000. While Insurance Underwriter workers with Some College education earn the least, with an average gross income of SGD 50,400. This is 190.34% lower of what Masters Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 245,200 SGD 305,000 02
12-16 Years US$ 124,940 SGD 165,000 02
8-12 Years US$ 28,247 SGD 36,000 01
4-8 Years US$ 78,591 SGD 102,080 05
2-4 Years US$ 28,247 SGD 36,000 01
1-2 Years US$ 28,824 SGD 36,000 01

Insurance Underwriter workers in Singapore with more years of work experience outperform their counterparts with less experience. Workers with 20+ Years of experience earn a gross average of SGD 305,000 compared to SGD 36,000 for their counterparts with 8-12 Years of experience. The difference between workers with 20+ Years of experience and 8-12 Years is 768.06%.


  SALARY BY AGE   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
51-56 US$ 245,200 SGD 305,000 02
39-44 US$ 124,940 SGD 165,000 02
33-38 US$ 75,377 SGD 100,000 01
27-32 US$ 60,543 SGD 78,800 03
N/A US$ 55,317 SGD 70,500 04
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  SALARY BY JOB TYPE   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 108,210 SGD 138,400 11
Contract US$ 28,247 SGD 36,000 01
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  SALARY BY CITY   INSURANCE UNDERWRITER   SINGAPORE

Singapore •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Singapore Insurance Underwriter in Singapore US$ 101,546 SGD 129,866 12

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  SALARY BY COUNTRY    INSURANCE UNDERWRITER

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. United Kingdom United Kingdom Insurance Underwriter in United Kingdom US$ 131,726 GBP 87,166 06
2. Singapore Singapore US$ 101,546 SGD 129,866 12
3. United States United States Insurance Underwriter US$ 78,785 US$ 78,785 52
4. Malaysia Malaysia Insurance Underwriter in Malaysia US$ 22,443 MYR 75,291 08

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