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Underwriting Assistant salary in Ecuador

Average Yearly Salary of Underwriting Assistant in Ecuador is approximately 167,131,068 ECS (5,908 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 Assistant do?

occupation personasAn underwriting assistant provides support to underwriters in the insurance industry. They are responsible for gathering and verifying information, reviewing applications, and preparing documents for underwriters to evaluate. Underwriting assistants also assist in determining the risk associated with insuring individuals or businesses by analyzing data and conducting research. They may communicate with clients, brokers, and other stakeholders to gather necessary information and resolve any issues. Additionally, underwriting assistants help maintain records and update databases.

Skills: underwriting assistant, insurance industry, risk analysis, data analysis, document preparation, client communication
Job industry: Insurance


How much does Underwriting Assistant make?

Salary details
How much does Underwriting Assistant make?
Estimated Yearly Salary: 167,131,068 ECS
Estimated Monthly Salary: 13,927,589 ECS
Estimated Weekly Salary: 3,214,059 ECS per week
Estimated Hourly Salary: 80,351 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 161,399,139 ECS
Estimated Monthly Salary: 13,449,928 ECS
Estimated Weekly Salary: 3,103,830 ECS per week
Estimated Hourly Salary: 77,596 ECS per hour
Last revision of data: 2024-01-03



Underwriting Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,908 USD
Estimated Monthly Salary: 492 USD
Estimated Weekly Salary: 114 USD per week
Estimated Hourly Salary: 3 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

Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.

Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Assistant job salary compared to average salary in Ecuador.
Comparison shows that a person working as Underwriting Assistant in Ecuador earns on average:
1.02 times the average salary (or 102% of average salary).

Is Underwriting Assistant a well paid job?

Yes, our data show that Underwriting Assistant 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 Underwriting Assistant?

High salary for Underwriting Assistant would be somewhere between 183,844,175 ECS and 242,340,049 ECS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Assistant in Ecuador?

Living in Ecuador the approximate monthly expenses are: 252 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: 167,131,068 ECS
Estimated Monthly Salary: 13,927,589 ECS
Estimated Weekly Salary: 3,214,059 ECS per week
Estimated Hourly Salary: 80,351 ECS per hour
By working as Underwriting Assistant a person can save up to 240 USD per month or 2,879 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 Ecuador, see costs of living in Ecuador.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Colombia, Peru.
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 Assistant

Colombia is 6,082 USDup arrow 3%
Details on Underwriting Assistant salary in Colombia
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 Ecuador

(1,855,980,438 ECS per year, pre-tax.)
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
(1,414,323,101 ECS per year, pre-tax.)
(1,413,729,680 ECS per year, pre-tax.)

Data as of 2025

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The salary figures on this website are meant for informational purposes exclusively.
The salary data on this site is intended for informational purposes only. We provide salary insights derived from multiple sources, but cannot guarantee complete accuracy. Users should consistently cross-check salary details with other trusted sources before making career-related choices. Fluctuations in salary figures may arise due to several factors, including company policies, market demand, and individual skills. We do not offer any warranty regarding the completeness of the provided salary information. Use of this website implies acceptance of these conditions.
The salary estimates on optisalary.com are meant for informational purposes only. We compile salary data from multiple providers, but do not guarantee complete precision. Users should independently confirm salaries before making career commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the correctness of the provided salary data. By accessing this site, you acknowledge that salary data is not definitive.