Home > Salary > Ethiopia > Underwriting Supervisor
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Estimated Yearly Salary: 157,064 ETB
Estimated Monthly Salary: 13,089 ETB
Estimated Weekly Salary: 3,020 ETB per week
Estimated Hourly Salary: 76 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,622 USD
Estimated Monthly Salary: 219 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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: 157,064 ETB
Estimated Monthly Salary: 13,089 ETB
Estimated Weekly Salary: 3,020 ETB per week
Estimated Hourly Salary: 76 ETB per hour
By working as Underwriting Supervisor a person can save up to 142 USD per month or 1,700 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Underwriting Supervisor
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Supervisor salary in Ethiopia
Average Yearly Salary of Underwriting Supervisor in Ethiopia is approximately 157,064 ETB (2,622 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 Supervisor do?
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Skills: Underwriting supervisor, Insurance, Risk analysis, Team management, Policy compliance, Communication skills
Job industry: Finance
Job industry: Finance
How much does Underwriting Supervisor make?
Salary details
How much does Underwriting Supervisor make?Estimated Yearly Salary: 157,064 ETB
Estimated Monthly Salary: 13,089 ETB
Estimated Weekly Salary: 3,020 ETB per week
Estimated Hourly Salary: 76 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 151,920 ETBEstimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-03Underwriting Supervisor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,622 USD
Estimated Monthly Salary: 219 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Supervisor job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Underwriting Supervisor in Ethiopia earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Supervisor job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Underwriting Supervisor in Ethiopia earns on average:
1.49 times the average salary (or 149% of average salary).
Is Underwriting Supervisor a well paid job?
Yes, our data shows that Underwriting Supervisor 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 Underwriting Supervisor?
High salary for Underwriting Supervisor would be somewhere between 172,770 ETB and 227,743 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Supervisor in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 157,064 ETB
Estimated Monthly Salary: 13,089 ETB
Estimated Weekly Salary: 3,020 ETB per week
Estimated Hourly Salary: 76 ETB per hour
By working as Underwriting Supervisor a person can save up to 142 USD per month or 1,700 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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 Supervisor
Sudan is 1,037 USD
Kenya is 8,197 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Fuel cell engineer (187,080 ETB per year, pre-tax.)
Hotel laundry linen room worker (45,180 ETB per year, pre-tax.)
Urgent care nurse practitioner (np) (247,380 ETB per year, pre-tax.)
Tax collector (82,090 ETB per year, pre-tax.)
Site reliability engineer (sre) (266,767 ETB per year, pre-tax.)
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