Underwriter Personal Lines salary in Ghana

Average Yearly Salary of Underwriter Personal Lines in Ghana is approximately 43,575 GHS (3,641 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 Personal Lines do?

The occupation of an underwriter in personal lines involves assessing and evaluating insurance applications for individuals seeking coverage for their personal assets such as homes, cars, and personal belongings. Underwriters analyze various factors including the applicant's risk profile, claims history, and creditworthiness to determine the appropriate coverage and premium rates. They review policy terms, conditions, and exclusions, ensuring compliance with regulations and company guidelines. Additionally, underwriters collaborate with agents and brokers to provide guidance on risk mitigation strategies and recommend appropriate coverage options. Effective communication skills are essential in this role as underwriters often interact with clients to gather additional information and clarify policy details. Attention to detail, analytical thinking, and sound judgment are critical to make accurate risk assessments and decisions.

Skills: Underwriter, Personal Lines, Insurance, Risk Assessment, Policy Evaluation, Communication Skills
Job industry: Insurance

How much does Underwriter Personal Lines make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Underwriter Personal Lines a well paid job?

Yes, our data show that Underwriter Personal Lines 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 Personal Lines?

High salary for Underwriter Personal Lines would be somewhere between 47,933 GHS and 63,184 GHS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter Personal Lines in Ghana?

Living in Ghana the approximate monthly expenses are: 140 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: 43,575 GHS
Estimated Monthly Salary: 3,631 GHS
Estimated Weekly Salary: 838 GHS per week
Estimated Hourly Salary: 21 GHS per hour
By working as Underwriter Personal Lines a person can save up to 163 USD per month or 1,961 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 Ghana, see costs of living in Ghana.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo..
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 Personal Lines

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 +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 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 Ghana

Data as of 2025

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