Home > Salary > Israel > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 427,275 ILS
Estimated Monthly Salary: 35,606 ILS
Estimated Weekly Salary: 8,217 ILS per week
Estimated Hourly Salary: 205 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 34,351 ILS
Estimated Weekly Salary: 7,927 ILS per week
Estimated Hourly Salary: 198 ILS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 106,751 USD
Estimated Monthly Salary: 8,896 USD
Estimated Weekly Salary: 2,053 USD per week
Estimated Hourly Salary: 51 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: 427,275 ILS
Estimated Monthly Salary: 35,606 ILS
Estimated Weekly Salary: 8,217 ILS per week
Estimated Hourly Salary: 205 ILS per hour
By working as Manager Underwriting a person can save up to 6,710 USD per month or 80,519 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Israel
Average Yearly Salary of Manager Underwriting in Israel is approximately 427,275 ILS (106,751 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 427,275 ILS
Estimated Monthly Salary: 35,606 ILS
Estimated Weekly Salary: 8,217 ILS per week
Estimated Hourly Salary: 205 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 412,216 ILSEstimated Monthly Salary: 34,351 ILS
Estimated Weekly Salary: 7,927 ILS per week
Estimated Hourly Salary: 198 ILS per hour
Last revision of data: 2024-01-06Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 106,751 USD
Estimated Monthly Salary: 8,896 USD
Estimated Weekly Salary: 2,053 USD per week
Estimated Hourly Salary: 51 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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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Israel.
Comparison shows that a person working as Manager Underwriting in Israel earns on average:
2.21 times the average salary (or 221% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Israel.
Comparison shows that a person working as Manager Underwriting in Israel earns on average:
2.21 times the average salary (or 221% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager 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 Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 470,003 ILS and 619,549 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 427,275 ILS
Estimated Monthly Salary: 35,606 ILS
Estimated Weekly Salary: 8,217 ILS per week
Estimated Hourly Salary: 205 ILS per hour
By working as Manager Underwriting a person can save up to 6,710 USD per month or 80,519 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Underwriting
Lebanon is 16,206 USD
Syria is 7,187 USD
Jordan is 18,580 USD
Egypt is 7,995 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
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(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Configuration manager (301,168 ILS per year, pre-tax.)
Obstetrician gynecologist (obgyn) (984,072 ILS per year, pre-tax.)
Shopping centre manager (293,406 ILS per year, pre-tax.)
Mail delivery driver (106,183 ILS per year, pre-tax.)
Quality analyst (177,408 ILS per year, pre-tax.)
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