Home > Salary > Australia > Insurance Underwriter Healthcare
An insurance underwriter in the healthcare industry is responsible for evaluating and assessing risks associated with healthcare policies. They analyze applications, medical records, and other relevant data to determine the level of risk involved in insuring individuals or healthcare providers. Insurance underwriters assess factors such as pre-existing conditions, medical history, age, and lifestyle habits to determine the premium rates and coverage limits for policyholders. They also collaborate with actuaries and other professionals to develop underwriting guidelines and ensure compliance with regulatory requirements. Additionally, they may negotiate terms and conditions with brokers and agents, provide recommendations for policy modifications, and stay updated on industry trends and changes in healthcare regulations.
Estimated Yearly Salary: 147,794 AUD
Estimated Monthly Salary: 12,316 AUD
Estimated Weekly Salary: 2,842 AUD per week
Estimated Hourly Salary: 71 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,856 AUD
Estimated Weekly Salary: 2,736 AUD per week
Estimated Hourly Salary: 68 AUD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 73,798 USD
Estimated Monthly Salary: 6,150 USD
Estimated Weekly Salary: 1,419 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 147,794 AUD
Estimated Monthly Salary: 12,316 AUD
Estimated Weekly Salary: 2,842 AUD per week
Estimated Hourly Salary: 71 AUD per hour
By working as Insurance Underwriter Healthcare a person can save up to 3,733 USD per month or 44,792 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 Australia, see costs of living in Australia.
Estimated Yearly Salary for Insurance Underwriter Healthcare
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Healthcare salary in Australia
Average Yearly Salary of Insurance Underwriter Healthcare in Australia is approximately 147,794 AUD (73,798 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 Insurance Underwriter Healthcare do?
An insurance underwriter in the healthcare industry is responsible for evaluating and assessing risks associated with healthcare policies. They analyze applications, medical records, and other relevant data to determine the level of risk involved in insuring individuals or healthcare providers. Insurance underwriters assess factors such as pre-existing conditions, medical history, age, and lifestyle habits to determine the premium rates and coverage limits for policyholders. They also collaborate with actuaries and other professionals to develop underwriting guidelines and ensure compliance with regulatory requirements. Additionally, they may negotiate terms and conditions with brokers and agents, provide recommendations for policy modifications, and stay updated on industry trends and changes in healthcare regulations.
Skills: insurance underwriter, healthcare industry, risk assessment, policy evaluation, underwriting guidelines, regulatory compliance.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Healthcare make?
Salary details
How much does Insurance Underwriter Healthcare make?Estimated Yearly Salary: 147,794 AUD
Estimated Monthly Salary: 12,316 AUD
Estimated Weekly Salary: 2,842 AUD per week
Estimated Hourly Salary: 71 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 142,276 AUDEstimated Monthly Salary: 11,856 AUD
Estimated Weekly Salary: 2,736 AUD per week
Estimated Hourly Salary: 68 AUD per hour
Last revision of data: 2024-01-05Insurance Underwriter Healthcare estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 73,798 USD
Estimated Monthly Salary: 6,150 USD
Estimated Weekly Salary: 1,419 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Healthcare job salary compared to average salary in Australia.
Comparison shows that a person working as Insurance Underwriter Healthcare in Australia earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Healthcare job salary compared to average salary in Australia.
Comparison shows that a person working as Insurance Underwriter Healthcare in Australia earns on average:
1.76 times the average salary (or 176% of average salary).
Is Insurance Underwriter Healthcare a well paid job?
Yes, our data shows that Insurance Underwriter Healthcare 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 Insurance Underwriter Healthcare?
High salary for Insurance Underwriter Healthcare would be somewhere between 162,573 AUD and 214,301 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Healthcare in Australia?
Living in Australia the approximate monthly expenses are: 2,417 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: 147,794 AUD
Estimated Monthly Salary: 12,316 AUD
Estimated Weekly Salary: 2,842 AUD per week
Estimated Hourly Salary: 71 AUD per hour
By working as Insurance Underwriter Healthcare a person can save up to 3,733 USD per month or 44,792 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 Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Underwriter Healthcare
Indonesia is 12,936 USD
East Timor is 54,819 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 Australia
(1,263,730 AUD per year, pre-tax.)
2. Cardiologist
(1,046,644 AUD per year, pre-tax.)
(1,011,540 AUD per year, pre-tax.)
4. Neurosurgeon
(985,848 AUD per year, pre-tax.)
(982,803 AUD per year, pre-tax.)
(961,472 AUD per year, pre-tax.)
(960,386 AUD per year, pre-tax.)
8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
User experience research assistant (95,122 AUD per year, pre-tax.)
Manufacturing technician pharmaceuticals (56,529 AUD per year, pre-tax.)
Radiology imaging center supervisor (92,232 AUD per year, pre-tax.)
Nuclear reactor operator (194,972 AUD per year, pre-tax.)
Grinder setup operator (46,116 AUD per year, pre-tax.)
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