Home > Salary > Indonesia > 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: 318,606,864 IDR
Estimated Monthly Salary: 26,550,572 IDR
Estimated Weekly Salary: 6,127,055 IDR per week
Estimated Hourly Salary: 153,176 IDR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,709,546 IDR
Estimated Weekly Salary: 5,932,972 IDR per week
Estimated Hourly Salary: 148,324 IDR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 19,265 USD
Estimated Monthly Salary: 1,605 USD
Estimated Weekly Salary: 370 USD per week
Estimated Hourly Salary: 9 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: 318,606,864 IDR
Estimated Monthly Salary: 26,550,572 IDR
Estimated Weekly Salary: 6,127,055 IDR per week
Estimated Hourly Salary: 153,176 IDR per hour
By working as Underwriter Specialist a person can save up to 1,182 USD per month or 14,187 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 Underwriter Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Consumer market manager (205,161,300 IDR per year, pre-tax.)
Senior director creative services (445,796,011 IDR per year, pre-tax.)
Bachelor of science (313,643,747 IDR per year, pre-tax.)
Access services librarian (139,455,750 IDR per year, pre-tax.)
Greenskeeper (66,571,263 IDR per year, pre-tax.)
Underwriter Specialist salary in Indonesia
Average Yearly Salary of Underwriter Specialist in Indonesia is approximately 318,606,864 IDR (19,265 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: 318,606,864 IDR
Estimated Monthly Salary: 26,550,572 IDR
Estimated Weekly Salary: 6,127,055 IDR per week
Estimated Hourly Salary: 153,176 IDR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 308,514,548 IDREstimated Monthly Salary: 25,709,546 IDR
Estimated Weekly Salary: 5,932,972 IDR per week
Estimated Hourly Salary: 148,324 IDR per hour
Last revision of data: 2024-01-03Underwriter Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,265 USD
Estimated Monthly Salary: 1,605 USD
Estimated Weekly Salary: 370 USD per week
Estimated Hourly Salary: 9 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Underwriter Specialist job salary compared to average salary in Indonesia.
Comparison shows that a person working as Underwriter Specialist in Indonesia earns on average:
1.99 times the average salary (or 199% 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 Underwriter Specialist job salary compared to average salary in Indonesia.
Comparison shows that a person working as Underwriter Specialist in Indonesia earns on average:
1.99 times the average salary (or 199% 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 350,467,550 IDR and 461,979,953 IDR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Specialist 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: 318,606,864 IDR
Estimated Monthly Salary: 26,550,572 IDR
Estimated Weekly Salary: 6,127,055 IDR per week
Estimated Hourly Salary: 153,176 IDR per hour
By working as Underwriter Specialist a person can save up to 1,182 USD per month or 14,187 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 Underwriter Specialist
Malaysia is 32,456 USD
East Timor is 82,120 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 Indonesia
(1,825,698,192 IDR per year, pre-tax.)
2. Cardiologist
(1,516,604,457 IDR per year, pre-tax.)
(1,461,048,780 IDR per year, pre-tax.)
4. Neurosurgeon
(1,421,992,567 IDR per year, pre-tax.)
(1,415,761,811 IDR per year, pre-tax.)
(1,390,462,773 IDR per year, pre-tax.)
(1,387,366,201 IDR per year, pre-tax.)
(1,385,685,106 IDR per year, pre-tax.)
9. Oncologist
(1,385,109,120 IDR per year, pre-tax.)
10. Plastic surgeon
(1,383,933,123 IDR per year, pre-tax.)
Data as of 2025Random salary:
Consumer market manager (205,161,300 IDR per year, pre-tax.)
Senior director creative services (445,796,011 IDR per year, pre-tax.)
Bachelor of science (313,643,747 IDR per year, pre-tax.)
Access services librarian (139,455,750 IDR per year, pre-tax.)
Greenskeeper (66,571,263 IDR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=indonesia&job=underwriter-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/underwriter-specialist-salary-in-indonesia-2025.jpg' alt='underwriter specialist salary in indonesia 2025' title='underwriter specialist salary in indonesia 2025' /></a>
Please note:Salary data displayed on this site is informational exclusively.
The salary data presented here are intended for informational purposes solely. While we strive to ensure correctness, we cannot guarantee all figures is flawless. Users are advised to research salary details with independent sources before making important financial decisions. Salary amounts can change due to negotiation, industry trends, and location. We disclaim responsibility for errors in the salary data displayed.
Salary data displayed on this site is for reference exclusively. Our figures are compiled various sources, but we do not guarantee absolute correctness. Users should always verify salary details with official platforms before making job-related commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any assurances about the completeness of the provided salary data. By navigating this site, you acknowledge these limitations.