Home > Salary > Egypt > Underwriter Iii
The occupation of an Underwriter III involves assessing and evaluating insurance applications to determine the risk level and appropriate coverage for clients. Underwriters III typically work with complex and high-value policies, such as commercial or specialty insurance. They review various factors, including financial statements, industry trends, and claims history, to make informed decisions on policy approvals, terms, and pricing. Underwriter III also collaborate with brokers, agents, and other professionals to gather necessary information and provide recommendations on risk management strategies. They may negotiate terms and conditions with clients and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance products and industry trends are essential for this role.
Estimated Yearly Salary: 191,861 EGP
Estimated Monthly Salary: 15,988 EGP
Estimated Weekly Salary: 3,690 EGP per week
Estimated Hourly Salary: 92 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,485 EGP
Estimated Weekly Salary: 3,574 EGP per week
Estimated Hourly Salary: 89 EGP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 5,835 USD
Estimated Monthly Salary: 486 USD
Estimated Weekly Salary: 112 USD per week
Estimated Hourly Salary: 3 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: 191,861 EGP
Estimated Monthly Salary: 15,988 EGP
Estimated Weekly Salary: 3,690 EGP per week
Estimated Hourly Salary: 92 EGP per hour
By working as Underwriter Iii a person can save up to 322 USD per month or 3,867 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Underwriter Iii
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Iii salary in Egypt
Average Yearly Salary of Underwriter Iii in Egypt is approximately 191,861 EGP (5,835 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 Iii do?
The occupation of an Underwriter III involves assessing and evaluating insurance applications to determine the risk level and appropriate coverage for clients. Underwriters III typically work with complex and high-value policies, such as commercial or specialty insurance. They review various factors, including financial statements, industry trends, and claims history, to make informed decisions on policy approvals, terms, and pricing. Underwriter III also collaborate with brokers, agents, and other professionals to gather necessary information and provide recommendations on risk management strategies. They may negotiate terms and conditions with clients and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance products and industry trends are essential for this role.
Skills: Underwriter III, Insurance, Risk assessment, Policy evaluation, Analytical skills, Compliance, Specialty insurance.
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Iii make?
Salary details
How much does Underwriter Iii make?Estimated Yearly Salary: 191,861 EGP
Estimated Monthly Salary: 15,988 EGP
Estimated Weekly Salary: 3,690 EGP per week
Estimated Hourly Salary: 92 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 185,823 EGPEstimated Monthly Salary: 15,485 EGP
Estimated Weekly Salary: 3,574 EGP per week
Estimated Hourly Salary: 89 EGP per hour
Last revision of data: 2024-01-06Underwriter Iii estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,835 USD
Estimated Monthly Salary: 486 USD
Estimated Weekly Salary: 112 USD per week
Estimated Hourly Salary: 3 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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Country:
Salary comparison to National average
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Iii job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Iii in Egypt earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Iii job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Iii in Egypt earns on average:
1.52 times the average salary (or 152% of average salary).
Is Underwriter Iii a well paid job?
Yes, our data shows that Underwriter Iii 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 Underwriter Iii?
High salary for Underwriter Iii would be somewhere between 211,047 EGP and 278,198 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Iii in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 191,861 EGP
Estimated Monthly Salary: 15,988 EGP
Estimated Weekly Salary: 3,690 EGP per week
Estimated Hourly Salary: 92 EGP per hour
By working as Underwriter Iii a person can save up to 322 USD per month or 3,867 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. 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 Iii
Sudan is 1,083 USD
Israel is 77,662 USD
Jordan is 13,501 USD
Saudi Arabia is 39,229 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 Egypt
(1,412,052 EGP per year, pre-tax.)
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4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
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6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
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(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Data integrity associate (100,887 EGP per year, pre-tax.)
Portfolio manager (200,133 EGP per year, pre-tax.)
Senior associate patent (240,412 EGP per year, pre-tax.)
Electrical engineering manager (324,456 EGP per year, pre-tax.)
Vice president compliance officer (330,363 EGP per year, pre-tax.)
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