Home > Salary > Indonesia > Insurance Underwriter Commercial Property
An insurance underwriter for commercial property is responsible for evaluating and assessing the risks associated with insuring commercial properties. They analyze various factors such as location, construction type, occupancy, and fire protection measures to determine the appropriate coverage and premium rates. The underwriter reviews applications, gathers necessary information, and conducts risk assessments to make informed decisions on policy approvals or rejections. They also collaborate with brokers, agents, and other professionals to ensure accurate and comprehensive underwriting. Additionally, they may negotiate terms and conditions, prepare policy documents, and provide guidance on risk management strategies to clients.
Estimated Yearly Salary: 214,283,184 IDR
Estimated Monthly Salary: 17,856,932 IDR
Estimated Weekly Salary: 4,120,830 IDR per week
Estimated Hourly Salary: 103,021 IDR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,298,415 IDR
Estimated Weekly Salary: 3,991,942 IDR per week
Estimated Hourly Salary: 99,799 IDR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 13,016 USD
Estimated Monthly Salary: 1,085 USD
Estimated Weekly Salary: 250 USD per week
Estimated Hourly Salary: 6 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: 214,283,184 IDR
Estimated Monthly Salary: 17,856,932 IDR
Estimated Weekly Salary: 4,120,830 IDR per week
Estimated Hourly Salary: 103,021 IDR per hour
By working as Insurance Underwriter Commercial Property a person can save up to 661 USD per month or 7,938 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 Indonesia, see costs of living in Indonesia.
Estimated Yearly Salary for Insurance Underwriter Commercial Property
East Timor is 55,399 USD 326%
Details on Insurance Underwriter Commercial Property salary in East Timor Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Commercial Property salary in Indonesia
Average Yearly Salary of Insurance Underwriter Commercial Property in Indonesia is approximately 214,283,184 IDR (13,016 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 Insurance Underwriter Commercial Property do?
An insurance underwriter for commercial property is responsible for evaluating and assessing the risks associated with insuring commercial properties. They analyze various factors such as location, construction type, occupancy, and fire protection measures to determine the appropriate coverage and premium rates. The underwriter reviews applications, gathers necessary information, and conducts risk assessments to make informed decisions on policy approvals or rejections. They also collaborate with brokers, agents, and other professionals to ensure accurate and comprehensive underwriting. Additionally, they may negotiate terms and conditions, prepare policy documents, and provide guidance on risk management strategies to clients.
Skills: insurance underwriter, commercial property, risk assessment, policy approval, premium rates, risk management.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Commercial Property make?
Salary details
How much does Insurance Underwriter Commercial Property make?Estimated Yearly Salary: 214,283,184 IDR
Estimated Monthly Salary: 17,856,932 IDR
Estimated Weekly Salary: 4,120,830 IDR per week
Estimated Hourly Salary: 103,021 IDR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 207,580,980 IDREstimated Monthly Salary: 17,298,415 IDR
Estimated Weekly Salary: 3,991,942 IDR per week
Estimated Hourly Salary: 99,799 IDR per hour
Last revision of data: 2024-01-03Insurance Underwriter Commercial Property estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,016 USD
Estimated Monthly Salary: 1,085 USD
Estimated Weekly Salary: 250 USD per week
Estimated Hourly Salary: 6 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
Indonesia, located in Southeast Asia, is the world's largest archipelago consisting of more than 17,000 islands. With a population of over 270 million people, it is the fourth most populous country globally. The nation spans approximately 1.9 million square kilometers, making it the 14th largest country by land area.
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Commercial Property job salary compared to average salary in Indonesia.
Comparison shows that a person working as Insurance Underwriter Commercial Property in Indonesia earns on average:
1.34 times the average salary (or 134% of average salary).
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Commercial Property job salary compared to average salary in Indonesia.
Comparison shows that a person working as Insurance Underwriter Commercial Property in Indonesia earns on average:
1.34 times the average salary (or 134% of average salary).
Is Insurance Underwriter Commercial Property a well paid job?
Yes, our data shows that Insurance Underwriter Commercial Property 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 Insurance Underwriter Commercial Property?
High salary for Insurance Underwriter Commercial Property would be somewhere between 235,711,502 IDR and 310,710,617 IDR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Commercial Property in Indonesia?
Living in Indonesia the approximate monthly expenses are: 423 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: 214,283,184 IDR
Estimated Monthly Salary: 17,856,932 IDR
Estimated Weekly Salary: 4,120,830 IDR per week
Estimated Hourly Salary: 103,021 IDR per hour
By working as Insurance Underwriter Commercial Property a person can save up to 661 USD per month or 7,938 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 Indonesia, see costs of living in Indonesia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Underwriter Commercial Property
Malaysia is 21,916 USDEast Timor is 55,399 USD 326%Details on Insurance Underwriter Commercial Property salary in East Timor
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 Indonesia
(1,825,698,192 IDR per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
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9. Oncologist
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10. Plastic surgeon
(1,383,933,123 IDR per year, pre-tax.)
Data as of 2025Random salary:
Vice president branch manager banking (216,387,450 IDR per year, pre-tax.)
Porter (70,523,250 IDR per year, pre-tax.)
Labor hand (70,523,250 IDR per year, pre-tax.)
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Golf club manager (173,664,222 IDR per year, pre-tax.)
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