Home > Salary > Israel > Underwriting Account Manager
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Estimated Yearly Salary: 244,989 ILS
Estimated Monthly Salary: 20,416 ILS
Estimated Weekly Salary: 4,711 ILS per week
Estimated Hourly Salary: 118 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,658 ILS
Estimated Weekly Salary: 4,536 ILS per week
Estimated Hourly Salary: 113 ILS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 61,249 USD
Estimated Monthly Salary: 5,104 USD
Estimated Weekly Salary: 1,178 USD per week
Estimated Hourly Salary: 29 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: 244,989 ILS
Estimated Monthly Salary: 20,416 ILS
Estimated Weekly Salary: 4,711 ILS per week
Estimated Hourly Salary: 118 ILS per hour
By working as Underwriting Account Manager a person can save up to 2,918 USD per month or 35,017 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 Underwriting Account Manager
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in Israel
Average Yearly Salary of Underwriting Account Manager in Israel is approximately 244,989 ILS (61,249 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 Underwriting Account Manager do?
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Account Manager make?
Salary details
How much does Underwriting Account Manager make?Estimated Yearly Salary: 244,989 ILS
Estimated Monthly Salary: 20,416 ILS
Estimated Weekly Salary: 4,711 ILS per week
Estimated Hourly Salary: 118 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 235,892 ILSEstimated Monthly Salary: 19,658 ILS
Estimated Weekly Salary: 4,536 ILS per week
Estimated Hourly Salary: 113 ILS per hour
Last revision of data: 2024-01-03Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 61,249 USD
Estimated Monthly Salary: 5,104 USD
Estimated Weekly Salary: 1,178 USD per week
Estimated Hourly Salary: 29 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
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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 Underwriting Account Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Underwriting Account Manager in Israel earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Account Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Underwriting Account Manager in Israel earns on average:
1.27 times the average salary (or 127% of average salary).
Is Underwriting Account Manager a well paid job?
Yes, our data shows that Underwriting Account Manager 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 Underwriting Account Manager?
High salary for Underwriting Account Manager would be somewhere between 269,488 ILS and 355,234 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account Manager 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: 244,989 ILS
Estimated Monthly Salary: 20,416 ILS
Estimated Weekly Salary: 4,711 ILS per week
Estimated Hourly Salary: 118 ILS per hour
By working as Underwriting Account Manager a person can save up to 2,918 USD per month or 35,017 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 Underwriting Account Manager
Lebanon is 9,281 USD
Syria is 4,094 USD
Jordan is 10,577 USD
Egypt is 4,572 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.)
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4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
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7. Urologist
(1,734,638 ILS per year, pre-tax.)
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9. Oncologist
(1,729,727 ILS per year, pre-tax.)
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Data as of 2025Random salary:
Golf rangermarshall (63,707 ILS per year, pre-tax.)
Engineer aerodynamics (335,968 ILS per year, pre-tax.)
Managing publisher (278,780 ILS per year, pre-tax.)
Produce supervisor (106,183 ILS per year, pre-tax.)
Radio tower radar technician (154,445 ILS per year, pre-tax.)
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