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Regional Underwriting Manager salary in Bolivia

Average Yearly Salary of Regional Underwriting Manager in Bolivia is approximately 8,827 BOB (1,584 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 Regional Underwriting Manager do?

occupation personasA Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.

Skills: Regional Underwriting Manager, Insurance, Risk Assessment, Underwriting Guidelines, Team Management, Communication Skills
Job industry: Insurance


How much does Regional Underwriting Manager make?

Salary details
How much does Regional Underwriting Manager make?
Estimated Yearly Salary: 8,827 BOB
Estimated Monthly Salary: 736 BOB
Estimated Weekly Salary: 170 BOB per week
Estimated Hourly Salary: 4 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 8,536 BOB
Estimated Monthly Salary: 711 BOB
Estimated Weekly Salary: 164 BOB per week
Estimated Hourly Salary: 4 BOB per hour
Last revision of data: 2024-02-08



Regional Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,584 USD
Estimated Monthly Salary: 132 USD
Estimated Weekly Salary: 30 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.

Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Regional Underwriting Manager job salary compared to average salary in Bolivia.
Comparison shows that a person working as Regional Underwriting Manager in Bolivia earns on average:
15.51 times the average salary (or 1551% of average salary).

Is Regional Underwriting Manager a well paid job?

Yes, our data shows that Regional Underwriting Manager is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Regional Underwriting Manager?

High salary for Regional Underwriting Manager would be somewhere between 9,710 BOB and 12,799 BOB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Regional Underwriting Manager in Bolivia?

Living in Bolivia the approximate monthly expenses are: 138 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: 8,827 BOB
Estimated Monthly Salary: 736 BOB
Estimated Weekly Salary: 170 BOB per week
Estimated Hourly Salary: 4 BOB per hour
Our data indicates that by working as Regional Underwriting Manager you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

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 Bolivia, see costs of living in Bolivia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Regional Underwriting Manager

Brazil is 20,891 USDup arrow 1219%
Details on Regional Underwriting Manager salary in Brazil
Argentina is 29,755 USDup arrow 1778%
Details on Regional Underwriting Manager salary in Argentina
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bolivia

(35,917 BOB per year, pre-tax.)
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
(27,316 BOB per year, pre-tax.)

Data as of 2025

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