Home > Salary > Egypt > Underwriter Trainee
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Estimated Yearly Salary: 143,929 EGP
Estimated Monthly Salary: 11,994 EGP
Estimated Weekly Salary: 2,768 EGP per week
Estimated Hourly Salary: 69 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,553 EGP
Estimated Weekly Salary: 2,666 EGP per week
Estimated Hourly Salary: 67 EGP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 4,348 USD
Estimated Monthly Salary: 362 USD
Estimated Weekly Salary: 84 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 143,929 EGP
Estimated Monthly Salary: 11,994 EGP
Estimated Weekly Salary: 2,768 EGP per week
Estimated Hourly Salary: 69 EGP per hour
By working as Underwriter Trainee a person can save up to 198 USD per month or 2,380 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 Trainee
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Trainee salary in Egypt
Average Yearly Salary of Underwriter Trainee in Egypt is approximately 143,929 EGP (4,348 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 Trainee do?
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Skills: underwriter trainee, insurance, risk assessment, policy analysis, financial evaluation, client support.
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Trainee make?
Salary details
How much does Underwriter Trainee make?Estimated Yearly Salary: 143,929 EGP
Estimated Monthly Salary: 11,994 EGP
Estimated Weekly Salary: 2,768 EGP per week
Estimated Hourly Salary: 69 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 138,633 EGPEstimated Monthly Salary: 11,553 EGP
Estimated Weekly Salary: 2,666 EGP per week
Estimated Hourly Salary: 67 EGP per hour
Last revision of data: 2024-01-08Underwriter Trainee estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,348 USD
Estimated Monthly Salary: 362 USD
Estimated Weekly Salary: 84 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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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 Trainee job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Trainee in Egypt earns on average:
1.14 times the average salary (or 114% 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 Trainee job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Trainee in Egypt earns on average:
1.14 times the average salary (or 114% of average salary).
Is Underwriter Trainee a well paid job?
Yes, our data show that Underwriter Trainee 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 Underwriter Trainee?
High salary for Underwriter Trainee would be somewhere between 158,322 EGP and 208,697 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Trainee 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: 143,929 EGP
Estimated Monthly Salary: 11,994 EGP
Estimated Weekly Salary: 2,768 EGP per week
Estimated Hourly Salary: 69 EGP per hour
By working as Underwriter Trainee a person can save up to 198 USD per month or 2,380 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 Trainee
Sudan is 804 USD
Israel is 57,995 USD
Jordan is 10,108 USD
Saudi Arabia is 29,367 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:
Solarphotovoltaic (pv), installation roofer (88,584 EGP per year, pre-tax.)
Pediatrics nurse practitioner (np) (243,342 EGP per year, pre-tax.)
Orthodontic laboratory technician (78,039 EGP per year, pre-tax.)
General manager machine shop (143,472 EGP per year, pre-tax.)
Payroll benefits coordinator (91,885 EGP per year, pre-tax.)
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