Home > Salary > Iran > Director Underwriting
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Estimated Yearly Salary: 824,475,990 IRR
Estimated Monthly Salary: 68,706,333 IRR
Estimated Weekly Salary: 15,855,308 IRR per week
Estimated Hourly Salary: 396,383 IRR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 66,402,142 IRR
Estimated Weekly Salary: 15,323,571 IRR per week
Estimated Hourly Salary: 383,089 IRR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 17,863 USD
Estimated Monthly Salary: 1,489 USD
Estimated Weekly Salary: 344 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: 824,475,990 IRR
Estimated Monthly Salary: 68,706,333 IRR
Estimated Weekly Salary: 15,855,308 IRR per week
Estimated Hourly Salary: 396,383 IRR per hour
By working as Director Underwriting a person can save up to 1,173 USD per month or 14,071 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 Iran, see costs of living in Iran.
Estimated Yearly Salary for Director Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Director Underwriting salary in Iran
Average Yearly Salary of Director Underwriting in Iran is approximately 824,475,990 IRR (17,863 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 Director Underwriting do?
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Skills: Director of Underwriting, Risk Assessment, Insurance Policies, Underwriting Guidelines, Financial Institution, Strategic Planning
Job industry: Insurance
Job industry: Insurance
How much does Director Underwriting make?
Salary details
How much does Director Underwriting make?Estimated Yearly Salary: 824,475,990 IRR
Estimated Monthly Salary: 68,706,333 IRR
Estimated Weekly Salary: 15,855,308 IRR per week
Estimated Hourly Salary: 396,383 IRR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 796,825,704 IRREstimated Monthly Salary: 66,402,142 IRR
Estimated Weekly Salary: 15,323,571 IRR per week
Estimated Hourly Salary: 383,089 IRR per hour
Last revision of data: 2024-01-02Director Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,863 USD
Estimated Monthly Salary: 1,489 USD
Estimated Weekly Salary: 344 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
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Country:
Salary comparison to National average
Iran, officially known as the Islamic Republic of Iran, is a country located in Western Asia. It has a population of approximately 83 million people, making it the 18th most populous country in the world. Iran covers an area of about 1,648,195 square kilometers, which makes it the 17th largest country globally.
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Iran.
Comparison shows that a person working as Director Underwriting in Iran earns on average:
2.47 times the average salary (or 247% of average salary).
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Iran.
Comparison shows that a person working as Director Underwriting in Iran earns on average:
2.47 times the average salary (or 247% of average salary).
Is Director Underwriting a well paid job?
Yes, our data show that Director Underwriting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Director Underwriting?
High salary for Director Underwriting would be somewhere between 906,923,589 IRR and 1,195,490,186 IRR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Underwriting in Iran?
Living in Iran the approximate monthly expenses are: 316 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: 824,475,990 IRR
Estimated Monthly Salary: 68,706,333 IRR
Estimated Weekly Salary: 15,855,308 IRR per week
Estimated Hourly Salary: 396,383 IRR per hour
By working as Director Underwriting a person can save up to 1,173 USD per month or 14,071 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 Iran, see costs of living in Iran.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Turkey, Iraq, Azerbaijan, Turkmenistan, Afghanistan, Pakistan, Armenia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Underwriting
Turkey is 24,063 USD
Iraq is 13,657 USD
Afghanistan is 13,576 USD
Pakistan is 3,597 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 Iran
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Data as of 2025Random salary:
Documentation specialist (220,223,718 IRR per year, pre-tax.)
Geographic information systems (gis), programmer analyst (380,334,369 IRR per year, pre-tax.)
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