Home > Salary > Kenya > Chief Underwriter
The occupation of a Chief Underwriter involves overseeing the underwriting process within an organization. Chief Underwriters are responsible for managing a team of underwriters, ensuring that they adhere to company policies and guidelines while assessing risks associated with insurance or loan applications. They review complex or high-value cases, make final underwriting decisions, and provide guidance to their team members. Chief Underwriters collaborate with other departments such as sales, marketing, and claims to ensure effective risk management and profitability. They may also develop and implement underwriting strategies, monitor industry trends, and recommend changes to underwriting policies. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential in this role.
Estimated Yearly Salary: 2,706,273 KES
Estimated Monthly Salary: 225,523 KES
Estimated Weekly Salary: 52,044 KES per week
Estimated Hourly Salary: 1,301 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 217,856 KES
Estimated Weekly Salary: 50,274 KES per week
Estimated Hourly Salary: 1,257 KES per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 17,184 USD
Estimated Monthly Salary: 1,432 USD
Estimated Weekly Salary: 330 USD per week
Estimated Hourly Salary: 8 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: 2,706,273 KES
Estimated Monthly Salary: 225,523 KES
Estimated Weekly Salary: 52,044 KES per week
Estimated Hourly Salary: 1,301 KES per hour
By working as Chief Underwriter a person can save up to 1,192 USD per month or 14,304 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Chief Underwriter
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sports instructor (443,455 KES per year, pre-tax.)
Executive director of marketing (2,190,670 KES per year, pre-tax.)
Production control clerk (664,368 KES per year, pre-tax.)
It business analyst ii (1,078,205 KES per year, pre-tax.)
Managed care coordinator (778,800 KES per year, pre-tax.)
Chief Underwriter salary in Kenya
Average Yearly Salary of Chief Underwriter in Kenya is approximately 2,706,273 KES (17,184 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 Chief Underwriter do?
The occupation of a Chief Underwriter involves overseeing the underwriting process within an organization. Chief Underwriters are responsible for managing a team of underwriters, ensuring that they adhere to company policies and guidelines while assessing risks associated with insurance or loan applications. They review complex or high-value cases, make final underwriting decisions, and provide guidance to their team members. Chief Underwriters collaborate with other departments such as sales, marketing, and claims to ensure effective risk management and profitability. They may also develop and implement underwriting strategies, monitor industry trends, and recommend changes to underwriting policies. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential in this role.
Skills: Chief Underwriter, Underwriting, Risk Management, Insurance, Loan Applications, Analytical Skills
Job industry: Insurance
Job industry: Insurance
How much does Chief Underwriter make?
Salary details
How much does Chief Underwriter make?Estimated Yearly Salary: 2,706,273 KES
Estimated Monthly Salary: 225,523 KES
Estimated Weekly Salary: 52,044 KES per week
Estimated Hourly Salary: 1,301 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,614,268 KESEstimated Monthly Salary: 217,856 KES
Estimated Weekly Salary: 50,274 KES per week
Estimated Hourly Salary: 1,257 KES per hour
Last revision of data: 2024-01-08Chief Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,184 USD
Estimated Monthly Salary: 1,432 USD
Estimated Weekly Salary: 330 USD per week
Estimated Hourly Salary: 8 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Underwriter job salary compared to average salary in Kenya.
Comparison shows that a person working as Chief Underwriter in Kenya earns on average:
3.11 times the average salary (or 311% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Underwriter job salary compared to average salary in Kenya.
Comparison shows that a person working as Chief Underwriter in Kenya earns on average:
3.11 times the average salary (or 311% of average salary).
Is Chief Underwriter a well paid job?
Yes, our data show that Chief Underwriter 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 Chief Underwriter?
High salary for Chief Underwriter would be somewhere between 2,976,900 KES and 3,924,096 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Underwriter in Kenya?
Living in Kenya the approximate monthly expenses are: 240 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: 2,706,273 KES
Estimated Monthly Salary: 225,523 KES
Estimated Weekly Salary: 52,044 KES per week
Estimated Hourly Salary: 1,301 KES per hour
By working as Chief Underwriter a person can save up to 1,192 USD per month or 14,304 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Underwriter
Ethiopia is 5,500 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 Kenya
(9,866,711 KES per year, pre-tax.)
2. Cardiologist
(8,249,858 KES per year, pre-tax.)
(7,939,285 KES per year, pre-tax.)
4. Neurosurgeon
(7,706,816 KES per year, pre-tax.)
(7,676,980 KES per year, pre-tax.)
(7,545,448 KES per year, pre-tax.)
(7,519,239 KES per year, pre-tax.)
8. Urologist
(7,514,557 KES per year, pre-tax.)
9. Oncologist
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)
Data as of 2025Random salary:
Sports instructor (443,455 KES per year, pre-tax.)
Executive director of marketing (2,190,670 KES per year, pre-tax.)
Production control clerk (664,368 KES per year, pre-tax.)
It business analyst ii (1,078,205 KES per year, pre-tax.)
Managed care coordinator (778,800 KES 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=kenya&job=chief-underwriter'><img src='https://optisalary.com/wp-content/graphs/salary/chief-underwriter-salary-in-kenya-2025.jpg' alt='chief underwriter salary in kenya 2025' title='chief underwriter salary in kenya 2025' /></a>
Please note:The salary data presented here are intended for reference purposes solely.
optisalary.com compiles salary information for reference purposes only. While we strive to present correct estimates, we do not warrant their full precision. Users are highly encouraged to check with other sources before making financial plans. Salary figures vary based on multiple factors, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the validity of the provided information. Your use of this site indicates acceptance of this disclaimer.
This website aggregates salary data for informational purposes exclusively. We attempt to provide reliable figures, but do not assure their validity. Users are encouraged to check official sources before making financial decisions. Salary ranges may fluctuate due to company policies, market demands, and skills. We accept no responsibility for inconsistencies in the salary data provided. Your engagement with this site indicates understanding of this policy.