Home > Salary > Iran > Underwriter Business Banking
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Estimated Yearly Salary: 460,039,322 IRR
Estimated Monthly Salary: 38,336,610 IRR
Estimated Weekly Salary: 8,846,910 IRR per week
Estimated Hourly Salary: 221,173 IRR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 36,999,206 IRR
Estimated Weekly Salary: 8,538,278 IRR per week
Estimated Hourly Salary: 213,457 IRR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,981 USD
Estimated Monthly Salary: 832 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 460,039,322 IRR
Estimated Monthly Salary: 38,336,610 IRR
Estimated Weekly Salary: 8,846,910 IRR per week
Estimated Hourly Salary: 221,173 IRR per hour
By working as Underwriter Business Banking a person can save up to 516 USD per month or 6,189 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 Underwriter Business Banking
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Business Banking salary in Iran
Average Yearly Salary of Underwriter Business Banking in Iran is approximately 460,039,322 IRR (9,981 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 Business Banking do?
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Skills: underwriter, business banking, credit analysis, risk assessment, financial analysis, loan approval.
Job industry: Banking
Job industry: Banking
How much does Underwriter Business Banking make?
Salary details
How much does Underwriter Business Banking make?Estimated Yearly Salary: 460,039,322 IRR
Estimated Monthly Salary: 38,336,610 IRR
Estimated Weekly Salary: 8,846,910 IRR per week
Estimated Hourly Salary: 221,173 IRR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 443,990,472 IRREstimated Monthly Salary: 36,999,206 IRR
Estimated Weekly Salary: 8,538,278 IRR per week
Estimated Hourly Salary: 213,457 IRR per hour
Last revision of data: 2024-01-03Underwriter Business Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,981 USD
Estimated Monthly Salary: 832 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Underwriter Business Banking job salary compared to average salary in Iran.
Comparison shows that a person working as Underwriter Business Banking in Iran earns on average:
1.38 times the average salary (or 138% 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 Underwriter Business Banking job salary compared to average salary in Iran.
Comparison shows that a person working as Underwriter Business Banking in Iran earns on average:
1.38 times the average salary (or 138% of average salary).
Is Underwriter Business Banking a well paid job?
Yes, our data shows that Underwriter Business Banking 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 Business Banking?
High salary for Underwriter Business Banking would be somewhere between 506,043,254 IRR and 667,057,017 IRR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Business Banking 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: 460,039,322 IRR
Estimated Monthly Salary: 38,336,610 IRR
Estimated Weekly Salary: 8,846,910 IRR per week
Estimated Hourly Salary: 221,173 IRR per hour
By working as Underwriter Business Banking a person can save up to 516 USD per month or 6,189 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 Underwriter Business Banking
Turkey is 13,426 USD
Iraq is 7,570 USD
Afghanistan is 7,586 USD
Pakistan is 1,993 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
(3,796,144,787 IRR per year, pre-tax.)
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6. Oncologist
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9. Urologist
(2,874,763,703 IRR per year, pre-tax.)
10. Plastic surgeon
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Data as of 2025Random salary:
Bookkeeping accounting or auditing clerk (261,633,954 IRR per year, pre-tax.)
Junior bookkeeper (171,003,050 IRR per year, pre-tax.)
Vice president (vp), advancement (833,836,486 IRR per year, pre-tax.)
Quality audit manager (487,161,558 IRR per year, pre-tax.)
Talent agent (368,584,530 IRR per year, pre-tax.)
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