Home > Salary > Bangladesh > Underwriter Specialist
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Estimated Yearly Salary: 608,434 BDT
Estimated Monthly Salary: 50,703 BDT
Estimated Weekly Salary: 11,701 BDT per week
Estimated Hourly Salary: 293 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 48,970 BDT
Estimated Weekly Salary: 11,301 BDT per week
Estimated Hourly Salary: 283 BDT per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 5,169 USD
Estimated Monthly Salary: 431 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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: 608,434 BDT
Estimated Monthly Salary: 50,703 BDT
Estimated Weekly Salary: 11,701 BDT per week
Estimated Hourly Salary: 293 BDT per hour
By working as Underwriter Specialist a person can save up to 318 USD per month or 3,815 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 Bangladesh, see costs of living in Bangladesh.
Estimated Yearly Salary for Underwriter Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Decision support analyst (347,220 BDT per year, pre-tax.)
Evening weather anchor (301,536 BDT per year, pre-tax.)
Insurance claims processor (176,688 BDT per year, pre-tax.)
Consultant cleaning services (137,227 BDT per year, pre-tax.)
Checker in (156,122 BDT per year, pre-tax.)
Underwriter Specialist salary in Bangladesh
Average Yearly Salary of Underwriter Specialist in Bangladesh is approximately 608,434 BDT (5,169 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 Underwriter Specialist do?
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Skills: underwriter specialist, insurance industry, risk assessment, policy evaluation, premium calculation, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Specialist make?
Salary details
How much does Underwriter Specialist make?Estimated Yearly Salary: 608,434 BDT
Estimated Monthly Salary: 50,703 BDT
Estimated Weekly Salary: 11,701 BDT per week
Estimated Hourly Salary: 293 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 587,640 BDTEstimated Monthly Salary: 48,970 BDT
Estimated Weekly Salary: 11,301 BDT per week
Estimated Hourly Salary: 283 BDT per hour
Last revision of data: 2024-01-08Underwriter Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,169 USD
Estimated Monthly Salary: 431 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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
Compare salary to other countries
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Salary comparison to National average
Bangladesh, located in South Asia, is a densely populated country with a rich cultural heritage. It has a population of over 160 million people and covers an area of approximately 147,570 square kilometers. Despite being a relatively small country in terms of land area, Bangladesh is the eighth-most populous country in the world.
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Underwriter Specialist in Bangladesh earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Specialist job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Underwriter Specialist in Bangladesh earns on average:
2 times the average salary (or 200% of average salary).
Is Underwriter Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Underwriter Specialist?
High salary for Underwriter Specialist would be somewhere between 669,277 BDT and 882,229 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Specialist in Bangladesh?
Living in Bangladesh the approximate monthly expenses are: 113 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: 608,434 BDT
Estimated Monthly Salary: 50,703 BDT
Estimated Weekly Salary: 11,701 BDT per week
Estimated Hourly Salary: 293 BDT per hour
By working as Underwriter Specialist a person can save up to 318 USD per month or 3,815 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 Bangladesh, see costs of living in Bangladesh.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Myanmar (Burma), Bhutan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Specialist
India is 40,794 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 Bangladesh
(3,468,551 BDT per year, pre-tax.)
2. Cardiologist
(2,899,173 BDT per year, pre-tax.)
(2,788,975 BDT per year, pre-tax.)
4. Neurosurgeon
(2,696,258 BDT per year, pre-tax.)
(2,693,113 BDT per year, pre-tax.)
6. Oncologist
(2,648,729 BDT per year, pre-tax.)
(2,648,146 BDT per year, pre-tax.)
(2,647,247 BDT per year, pre-tax.)
(2,646,613 BDT per year, pre-tax.)
10. Plastic surgeon
(2,640,498 BDT per year, pre-tax.)
Data as of 2025Random salary:
Decision support analyst (347,220 BDT per year, pre-tax.)
Evening weather anchor (301,536 BDT per year, pre-tax.)
Insurance claims processor (176,688 BDT per year, pre-tax.)
Consultant cleaning services (137,227 BDT per year, pre-tax.)
Checker in (156,122 BDT per year, pre-tax.)
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