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Insurance Underwriting Clerk salary in Colombia

Average Yearly Salary of Insurance Underwriting Clerk in Colombia is approximately 22,207,344 COP (4,925 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 Insurance Underwriting Clerk do?

occupation personasAn insurance underwriting clerk is responsible for providing administrative support to insurance underwriters. They assist in the underwriting process by gathering and verifying information, such as policy applications, medical records, and financial statements. These clerks review documents for accuracy and completeness, enter data into computer systems, and generate reports. They may also correspond with clients or agents to obtain missing information or clarify details. Additionally, insurance underwriting clerks may assist in the preparation of quotes and policies, as well as handle policy cancellations or modifications. Strong attention to detail, excellent organizational skills, and proficiency in computer software are essential for this role.

Skills: Insurance, Underwriting, Clerk, Administrative Support, Data Entry, Attention to Detail
Job industry: Insurance


How much does Insurance Underwriting Clerk make?

Salary details
How much does Insurance Underwriting Clerk make?
Estimated Yearly Salary: 22,207,344 COP
Estimated Monthly Salary: 1,850,612 COP
Estimated Weekly Salary: 427,064 COP per week
Estimated Hourly Salary: 10,677 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 21,454,802 COP
Estimated Monthly Salary: 1,787,900 COP
Estimated Weekly Salary: 412,592 COP per week
Estimated Hourly Salary: 10,315 COP per hour
Last revision of data: 2024-01-06



Insurance Underwriting Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,925 USD
Estimated Monthly Salary: 410 USD
Estimated Weekly Salary: 95 USD per week
Estimated Hourly Salary: 2 USD per hour


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

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Salary comparison to National average

Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.

Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriting Clerk job salary compared to average salary in Colombia.
Comparison shows that a person working as Insurance Underwriting Clerk in Colombia earns on average:
0.82 times the average salary (or 82% of average salary).

Is Insurance Underwriting Clerk a well paid job?

Yes, our data show that Insurance Underwriting Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Insurance Underwriting Clerk?

High salary for Insurance Underwriting Clerk would be somewhere between 24,428,078 COP and 32,200,649 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Underwriting Clerk in Colombia?

Living in Colombia the approximate monthly expenses are: 260 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: 22,207,344 COP
Estimated Monthly Salary: 1,850,612 COP
Estimated Weekly Salary: 427,064 COP per week
Estimated Hourly Salary: 10,677 COP per hour
By working as Insurance Underwriting Clerk a person can save up to 150 USD per month or 1,800 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 Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

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

Estimated Yearly Salary for Insurance Underwriting Clerk

Ecuador is 4,767 USDdown arrow 3%
Details on Insurance Underwriting Clerk salary in Ecuador
Brazil is 6,156 USDup arrow 25%
Details on Insurance Underwriting Clerk salary in Brazil
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 Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)

Data as of 2025

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First-line supervisor manager of office and administrative support workers (25,601,760 COP per year, pre-tax.)
Legal office administrator (28,839,240 COP per year, pre-tax.)

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optisalary.com aggregates salary data for informational purposes only. We attempt to provide reliable figures, but do not assure their precision. Users are urged to check official platforms before making employment choices. Salary amounts may vary due to company policies, market demands, and skills. We assume no liability for inconsistencies in the salary information provided. Your continued use with this site confirms understanding of this policy.