Home > Salary > Egypt > Underwriter Specialist
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Estimated Yearly Salary: 247,249 EGP
Estimated Monthly Salary: 20,604 EGP
Estimated Weekly Salary: 4,755 EGP per week
Estimated Hourly Salary: 119 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,910 EGP
Estimated Weekly Salary: 4,595 EGP per week
Estimated Hourly Salary: 115 EGP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 7,503 USD
Estimated Monthly Salary: 625 USD
Estimated Weekly Salary: 144 USD per week
Estimated Hourly Salary: 4 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: 247,249 EGP
Estimated Monthly Salary: 20,604 EGP
Estimated Weekly Salary: 4,755 EGP per week
Estimated Hourly Salary: 119 EGP per hour
By working as Underwriter Specialist a person can save up to 461 USD per month or 5,535 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 Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Specialist salary in Egypt
Average Yearly Salary of Underwriter Specialist in Egypt is approximately 247,249 EGP (7,503 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 Specialist do?
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Skills: underwriter specialist, insurance industry, risk assessment, policy evaluation, premium calculation, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Specialist make?
Salary details
How much does Underwriter Specialist make?Estimated Yearly Salary: 247,249 EGP
Estimated Monthly Salary: 20,604 EGP
Estimated Weekly Salary: 4,755 EGP per week
Estimated Hourly Salary: 119 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 238,920 EGPEstimated Monthly Salary: 19,910 EGP
Estimated Weekly Salary: 4,595 EGP per week
Estimated Hourly Salary: 115 EGP per hour
Last revision of data: 2024-01-08Underwriter Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,503 USD
Estimated Monthly Salary: 625 USD
Estimated Weekly Salary: 144 USD per week
Estimated Hourly Salary: 4 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 Specialist job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Specialist in Egypt earns on average:
1.96 times the average salary (or 196% 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 Specialist job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Specialist in Egypt earns on average:
1.96 times the average salary (or 196% of average salary).
Is Underwriter Specialist a well paid job?
Yes, our data shows that Underwriter Specialist 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 Specialist?
High salary for Underwriter Specialist would be somewhere between 271,974 EGP and 358,511 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Specialist 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: 247,249 EGP
Estimated Monthly Salary: 20,604 EGP
Estimated Weekly Salary: 4,755 EGP per week
Estimated Hourly Salary: 119 EGP per hour
By working as Underwriter Specialist a person can save up to 461 USD per month or 5,535 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 Specialist
Sudan is 1,392 USD
Israel is 100,034 USD
Jordan is 17,422 USD
Saudi Arabia is 50,287 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.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
(1,134,944 EGP per year, pre-tax.)
4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
(1,074,313 EGP per year, pre-tax.)
(1,072,829 EGP per year, pre-tax.)
(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Assistant store manager (78,124 EGP per year, pre-tax.)
Reliability engineer (175,726 EGP per year, pre-tax.)
Boiler engineer (117,892 EGP per year, pre-tax.)
Underground miner (134,211 EGP per year, pre-tax.)
Certified cancer registrar (134,211 EGP per year, pre-tax.)
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