Home > Salary > Bangladesh > Underwriting Consultant
An underwriting consultant is a professional who assesses and evaluates insurance applications to determine the level of risk involved in providing coverage. They work closely with insurance brokers and clients to gather relevant information, analyze data, and make informed decisions regarding policy approval, pricing, and terms. Underwriting consultants utilize their expertise in insurance regulations and industry standards to ensure compliance and mitigate potential risks for the insurance company. They also play a crucial role in negotiating terms and conditions with clients and may provide guidance on risk management strategies. Strong analytical skills, attention to detail, and excellent communication abilities are essential for success in this occupation.
Estimated Yearly Salary: 497,593 BDT
Estimated Monthly Salary: 41,466 BDT
Estimated Weekly Salary: 9,569 BDT per week
Estimated Hourly Salary: 239 BDT per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 40,199 BDT
Estimated Weekly Salary: 9,277 BDT per week
Estimated Hourly Salary: 232 BDT per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,246 USD
Estimated Monthly Salary: 354 USD
Estimated Weekly Salary: 82 USD per week
Estimated Hourly Salary: 2 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: 497,593 BDT
Estimated Monthly Salary: 41,466 BDT
Estimated Weekly Salary: 9,569 BDT per week
Estimated Hourly Salary: 239 BDT per hour
By working as Underwriting Consultant a person can save up to 241 USD per month or 2,892 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 Underwriting Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Consultant salary in Bangladesh
Average Yearly Salary of Underwriting Consultant in Bangladesh is approximately 497,593 BDT (4,246 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 Consultant do?
An underwriting consultant is a professional who assesses and evaluates insurance applications to determine the level of risk involved in providing coverage. They work closely with insurance brokers and clients to gather relevant information, analyze data, and make informed decisions regarding policy approval, pricing, and terms. Underwriting consultants utilize their expertise in insurance regulations and industry standards to ensure compliance and mitigate potential risks for the insurance company. They also play a crucial role in negotiating terms and conditions with clients and may provide guidance on risk management strategies. Strong analytical skills, attention to detail, and excellent communication abilities are essential for success in this occupation.
Skills: underwriting consultant, insurance analysis, risk assessment, policy approval, risk management, insurance regulations
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Consultant make?
Salary details
How much does Underwriting Consultant make?Estimated Yearly Salary: 497,593 BDT
Estimated Monthly Salary: 41,466 BDT
Estimated Weekly Salary: 9,569 BDT per week
Estimated Hourly Salary: 239 BDT per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 482,384 BDTEstimated Monthly Salary: 40,199 BDT
Estimated Weekly Salary: 9,277 BDT per week
Estimated Hourly Salary: 232 BDT per hour
Last revision of data: 2024-01-03Underwriting Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,246 USD
Estimated Monthly Salary: 354 USD
Estimated Weekly Salary: 82 USD per week
Estimated Hourly Salary: 2 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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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 Underwriting Consultant job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Underwriting Consultant in Bangladesh earns on average:
1.63 times the average salary (or 163% of average salary).
Estimated national average yearly salary is 304,560 BDT (2,820 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Consultant job salary compared to average salary in Bangladesh.
Comparison shows that a person working as Underwriting Consultant in Bangladesh earns on average:
1.63 times the average salary (or 163% of average salary).
Is Underwriting Consultant a well paid job?
Yes, our data shows that Underwriting Consultant 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 Consultant?
High salary for Underwriting Consultant would be somewhere between 547,352 BDT and 721,510 BDT. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Consultant 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: 497,593 BDT
Estimated Monthly Salary: 41,466 BDT
Estimated Weekly Salary: 9,569 BDT per week
Estimated Hourly Salary: 239 BDT per hour
By working as Underwriting Consultant a person can save up to 241 USD per month or 2,892 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 Underwriting Consultant
India is 33,617 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:
Financial controller (466,020 BDT per year, pre-tax.)
Vice president (vp), compensation benefits (1,142,476 BDT per year, pre-tax.)
Breeding technician (240,624 BDT per year, pre-tax.)
Qa assistant (210,394 BDT per year, pre-tax.)
Director of laboratory services (476,285 BDT per year, pre-tax.)
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