Home > Salary > Bahrain > Director Underwriting
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Estimated Yearly Salary: 121,153 BHD
Estimated Monthly Salary: 10,096 BHD
Estimated Weekly Salary: 2,330 BHD per week
Estimated Hourly Salary: 58 BHD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,782 BHD
Estimated Weekly Salary: 2,257 BHD per week
Estimated Hourly Salary: 56 BHD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 40,540 USD
Estimated Monthly Salary: 3,378 USD
Estimated Weekly Salary: 780 USD per week
Estimated Hourly Salary: 19 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: 121,153 BHD
Estimated Monthly Salary: 10,096 BHD
Estimated Weekly Salary: 2,330 BHD per week
Estimated Hourly Salary: 58 BHD per hour
By working as Director Underwriting a person can save up to 2,664 USD per month or 31,967 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 Bahrain, see costs of living in Bahrain.
Estimated Yearly Salary for Director Underwriting
United Arab Emirates is 111,148 USD 174%
Details on Director Underwriting salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Director Underwriting salary in Bahrain
Average Yearly Salary of Director Underwriting in Bahrain is approximately 121,153 BHD (40,540 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 Director Underwriting do?
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Skills: Director of Underwriting, Risk Assessment, Insurance Policies, Underwriting Guidelines, Financial Institution, Strategic Planning
Job industry: Insurance
Job industry: Insurance
How much does Director Underwriting make?
Salary details
How much does Director Underwriting make?Estimated Yearly Salary: 121,153 BHD
Estimated Monthly Salary: 10,096 BHD
Estimated Weekly Salary: 2,330 BHD per week
Estimated Hourly Salary: 58 BHD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 117,387 BHDEstimated Monthly Salary: 9,782 BHD
Estimated Weekly Salary: 2,257 BHD per week
Estimated Hourly Salary: 56 BHD per hour
Last revision of data: 2024-01-02Director Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 40,540 USD
Estimated Monthly Salary: 3,378 USD
Estimated Weekly Salary: 780 USD per week
Estimated Hourly Salary: 19 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
Compare salary to other countries
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Country:
Salary comparison to National average
Bahrain is a small island country located in the Persian Gulf. It has a population of approximately 1.7 million people and covers an area of about 765 square kilometers. The country is known for its diverse population, with Bahrainis making up the majority, along with expatriates from various countries.
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Bahrain.
Comparison shows that a person working as Director Underwriting in Bahrain earns on average:
2.56 times the average salary (or 256% of average salary).
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Bahrain.
Comparison shows that a person working as Director Underwriting in Bahrain earns on average:
2.56 times the average salary (or 256% of average salary).
Is Director Underwriting a well paid job?
Yes, our data show that Director Underwriting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Director Underwriting?
High salary for Director Underwriting would be somewhere between 133,268 BHD and 175,672 BHD. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Underwriting in Bahrain?
Living in Bahrain the approximate monthly expenses are: 714 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: 121,153 BHD
Estimated Monthly Salary: 10,096 BHD
Estimated Weekly Salary: 2,330 BHD per week
Estimated Hourly Salary: 58 BHD per hour
By working as Director Underwriting a person can save up to 2,664 USD per month or 31,967 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 Bahrain, see costs of living in Bahrain.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Underwriting
Saudi Arabia is 62,789 USD
Qatar is 159,993 USDUnited Arab Emirates is 111,148 USD 174%Details on Director Underwriting salary in United Arab Emirates
Iran is 17,863 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 Bahrain
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(434,438 BHD per year, pre-tax.)
5. Neurosurgeon
(434,281 BHD per year, pre-tax.)
(426,541 BHD per year, pre-tax.)
7. Urologist
(426,427 BHD per year, pre-tax.)
(425,832 BHD per year, pre-tax.)
9. Oncologist
(425,216 BHD per year, pre-tax.)
10. Plastic surgeon
(425,203 BHD per year, pre-tax.)
Data as of 2025Random salary:
Admissions clerk (18,400 BHD per year, pre-tax.)
Laser electro-optical technician (63,657 BHD per year, pre-tax.)
Maintenance mechanic elevators (83,384 BHD per year, pre-tax.)
Manager child care center (30,728 BHD per year, pre-tax.)
Customs clerk (32,121 BHD per year, pre-tax.)
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