Home > Salary > Algeria > Underwriting Specialist
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Estimated Yearly Salary: 3,004,313 DZD
Estimated Monthly Salary: 250,359 DZD
Estimated Weekly Salary: 57,775 DZD per week
Estimated Hourly Salary: 1,444 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 241,998 DZD
Estimated Weekly Salary: 55,846 DZD per week
Estimated Hourly Salary: 1,396 DZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 17,359 USD
Estimated Monthly Salary: 1,447 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,004,313 DZD
Estimated Monthly Salary: 250,359 DZD
Estimated Weekly Salary: 57,775 DZD per week
Estimated Hourly Salary: 1,444 DZD per hour
By working as Underwriting Specialist a person can save up to 887 USD per month or 10,639 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Underwriting Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Specialist salary in Algeria
Average Yearly Salary of Underwriting Specialist in Algeria is approximately 3,004,313 DZD (17,359 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriting Specialist do?
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Skills: underwriting specialist, risk assessment, insurance policies, premium determination, compliance, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Specialist make?
Salary details
How much does Underwriting Specialist make?Estimated Yearly Salary: 3,004,313 DZD
Estimated Monthly Salary: 250,359 DZD
Estimated Weekly Salary: 57,775 DZD per week
Estimated Hourly Salary: 1,444 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,903,978 DZDEstimated Monthly Salary: 241,998 DZD
Estimated Weekly Salary: 55,846 DZD per week
Estimated Hourly Salary: 1,396 DZD per hour
Last revision of data: 2024-01-09Underwriting Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,359 USD
Estimated Monthly Salary: 1,447 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Specialist job salary compared to average salary in Algeria.
Comparison shows that a person working as Underwriting Specialist in Algeria earns on average:
1.35 times the average salary (or 135% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Specialist job salary compared to average salary in Algeria.
Comparison shows that a person working as Underwriting Specialist in Algeria earns on average:
1.35 times the average salary (or 135% of average salary).
Is Underwriting Specialist a well paid job?
Yes, our data shows that Underwriting Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriting Specialist?
High salary for Underwriting Specialist would be somewhere between 3,304,744 DZD and 4,356,254 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Specialist in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,004,313 DZD
Estimated Monthly Salary: 250,359 DZD
Estimated Weekly Salary: 57,775 DZD per week
Estimated Hourly Salary: 1,444 DZD per hour
By working as Underwriting Specialist a person can save up to 887 USD per month or 10,639 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriting Specialist
Tunisia is 14,929 USD
Morocco is 18,620 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Cabinet builder (1,584,052 DZD per year, pre-tax.)
Manufacturing supervisor (3,115,211 DZD per year, pre-tax.)
Allergist-immunologist (8,421,467 DZD per year, pre-tax.)
Microsoft exchange administrator (2,636,300 DZD per year, pre-tax.)
Lead ux designer (5,385,490 DZD per year, pre-tax.)
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