Home > Salary > Kuwait > Senior Underwriter
A senior underwriter is responsible for analyzing and evaluating insurance applications to determine the level of risk involved and decide on appropriate coverage and premium rates. They review complex insurance policies, assess the potential risks, and make recommendations based on their analysis. Senior underwriters also interact with clients and agents to gather additional information or clarify policy details. They ensure that all underwriting guidelines and regulations are followed, and may provide guidance and support to junior underwriters.
Estimated Yearly Salary: 66,843 KWD
Estimated Monthly Salary: 5,570 KWD
Estimated Weekly Salary: 1,285 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,377 KWD
Estimated Weekly Salary: 1,241 KWD per week
Estimated Hourly Salary: 31 KWD per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 22,309 USD
Estimated Monthly Salary: 1,859 USD
Estimated Weekly Salary: 429 USD per week
Estimated Hourly Salary: 11 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.
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Estimated Yearly Salary: 66,843 KWD
Estimated Monthly Salary: 5,570 KWD
Estimated Weekly Salary: 1,285 KWD per week
Estimated Hourly Salary: 32 KWD per hour
By working as Senior Underwriter a person can save up to 259 USD per month or 3,109 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Senior Underwriter
Last revision of data: 2025-01-04
Data as of 2025
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Senior Underwriter salary in Kuwait
Average Yearly Salary of Senior Underwriter in Kuwait is approximately 66,843 KWD (22,309 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 Senior Underwriter do?
A senior underwriter is responsible for analyzing and evaluating insurance applications to determine the level of risk involved and decide on appropriate coverage and premium rates. They review complex insurance policies, assess the potential risks, and make recommendations based on their analysis. Senior underwriters also interact with clients and agents to gather additional information or clarify policy details. They ensure that all underwriting guidelines and regulations are followed, and may provide guidance and support to junior underwriters.
Skills: senior underwriter, insurance underwriting, risk assessment, policy analysis, premium rate determination, client interaction
Job industry: Insurance
Job industry: Insurance
How much does Senior Underwriter make?
Salary details
How much does Senior Underwriter make?Estimated Yearly Salary: 66,843 KWD
Estimated Monthly Salary: 5,570 KWD
Estimated Weekly Salary: 1,285 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 64,528 KWDEstimated Monthly Salary: 5,377 KWD
Estimated Weekly Salary: 1,241 KWD per week
Estimated Hourly Salary: 31 KWD per hour
Last revision of data: 2024-02-02Senior Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,309 USD
Estimated Monthly Salary: 1,859 USD
Estimated Weekly Salary: 429 USD per week
Estimated Hourly Salary: 11 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
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Senior Underwriter job salary compared to average salary in Kuwait.
Comparison shows that a person working as Senior Underwriter in Kuwait earns on average:
5.43 times the average salary (or 543% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Senior Underwriter job salary compared to average salary in Kuwait.
Comparison shows that a person working as Senior Underwriter in Kuwait earns on average:
5.43 times the average salary (or 543% of average salary).
Is Senior Underwriter a well paid job?
Yes, our data shows that Senior Underwriter is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Underwriter?
High salary for Senior Underwriter would be somewhere between 73,527 KWD and 96,922 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Underwriter in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 66,843 KWD
Estimated Monthly Salary: 5,570 KWD
Estimated Weekly Salary: 1,285 KWD per week
Estimated Hourly Salary: 32 KWD per hour
By working as Senior Underwriter a person can save up to 259 USD per month or 3,109 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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Underwriter
Saudi Arabia is 46,035 USD
Iraq is 9,991 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Nurse administrator (70,934 KWD per year, pre-tax.)
Regulatory compliance manager (68,703 KWD per year, pre-tax.)
Certified surgical first assistant (44,472 KWD per year, pre-tax.)
Airline reservation agent (25,288 KWD per year, pre-tax.)
Ballet dancer (25,288 KWD per year, pre-tax.)
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