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Underwriter I salary in Bolivia

Average Yearly Salary of Underwriter I in Bolivia is approximately 3,456 BOB (621 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 I do?

occupation personasAn underwriter is a professional who assesses and evaluates risks associated with insurance policies, loans, or investments to determine their acceptability. They review applications, financial statements, and other relevant documents to make informed decisions on whether to approve or deny coverage or funding. Underwriters analyze data, such as credit scores, market trends, and industry regulations, to calculate the level of risk involved and set appropriate terms and conditions for the policy or loan. They also collaborate with agents, brokers, and clients to gather necessary information and clarify any discrepancies. Additionally, underwriters may conduct research, stay updated on industry developments, and participate in training programs to enhance their knowledge and skills.

Skills: Underwriter, Risk assessment, Insurance policies, Loan approval, Financial analysis, Risk management.
Job industry: Insurance


How much does Underwriter I make?

Salary details
How much does Underwriter I make?
Estimated Yearly Salary: 3,456 BOB
Estimated Monthly Salary: 288 BOB
Estimated Weekly Salary: 66 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 3,347 BOB
Estimated Monthly Salary: 279 BOB
Estimated Weekly Salary: 64 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-05



Underwriter I estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 621 USD
Estimated Monthly Salary: 52 USD
Estimated Weekly Salary: 12 USD per week
Estimated Hourly Salary: 0 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 Underwriter I job salary compared to average salary in Bolivia.
Comparison shows that a person working as Underwriter I in Bolivia earns on average:
6.07 times the average salary (or 607% of average salary).

Is Underwriter I a well paid job?

Yes, our data shows that Underwriter I 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 Underwriter I?

High salary for Underwriter I would be somewhere between 3,802 BOB and 5,011 BOB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter I 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: 3,456 BOB
Estimated Monthly Salary: 288 BOB
Estimated Weekly Salary: 66 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Underwriter I 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 Underwriter I

Brazil is 8,153 USDup arrow 1213%
Details on Underwriter I salary in Brazil
Argentina is 11,705 USDup arrow 1785%
Details on Underwriter I 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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The salary figures presented here are meant for informational purposes solely.
Salary information displayed on this site is for reference exclusively. Our figures come from various sources, but we do not guarantee absolute correctness. Users must always double-check salary details with additional platforms before making financial commitments. Salaries differ due to individual experience, market demand, and employer policies. We cannot offer any warranties about the validity of the provided salary data. By navigating this site, you acknowledge these limitations.
optisalary.com provides salary figures solely for informational use. While we endeavor for accuracy, we do not guarantee the validity of all figures. Users must double-check salary details with reliable organizations before making financial plans. Salary estimates can fluctuate based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no liability for errors in the pay estimates provided. By accessing this website, you accept that salary data is not absolute.