Home > Salary > Kuwait > Underwriter 1
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Estimated Yearly Salary: 38,489 KWD
Estimated Monthly Salary: 3,207 KWD
Estimated Weekly Salary: 740 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,088 KWD
Estimated Weekly Salary: 713 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 12,837 USD
Estimated Monthly Salary: 1,070 USD
Estimated Weekly Salary: 247 USD per week
Estimated Hourly Salary: 6 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: 38,489 KWD
Estimated Monthly Salary: 3,207 KWD
Estimated Weekly Salary: 740 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Our data indicates that by working as Underwriter 1 you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Underwriter 1
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter 1 salary in Kuwait
Average Yearly Salary of Underwriter 1 in Kuwait is approximately 38,489 KWD (12,837 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 1 do?
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Skills: Underwriter, Risk assessment, Insurance industry, Financial analysis, Policy evaluation, Premium calculation
Job industry: Finance
Job industry: Finance
How much does Underwriter 1 make?
Salary details
How much does Underwriter 1 make?Estimated Yearly Salary: 38,489 KWD
Estimated Monthly Salary: 3,207 KWD
Estimated Weekly Salary: 740 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 37,060 KWDEstimated Monthly Salary: 3,088 KWD
Estimated Weekly Salary: 713 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Last revision of data: 2024-02-02Underwriter 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,837 USD
Estimated Monthly Salary: 1,070 USD
Estimated Weekly Salary: 247 USD per week
Estimated Hourly Salary: 6 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
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 Underwriter 1 job salary compared to average salary in Kuwait.
Comparison shows that a person working as Underwriter 1 in Kuwait earns on average:
3.13 times the average salary (or 313% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter 1 job salary compared to average salary in Kuwait.
Comparison shows that a person working as Underwriter 1 in Kuwait earns on average:
3.13 times the average salary (or 313% of average salary).
Is Underwriter 1 a well paid job?
Yes, our data show that Underwriter 1 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 Underwriter 1?
High salary for Underwriter 1 would be somewhere between 42,338 KWD and 55,809 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter 1 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: 38,489 KWD
Estimated Monthly Salary: 3,207 KWD
Estimated Weekly Salary: 740 KWD per week
Estimated Hourly Salary: 19 KWD per hour
Our data indicates that by working as Underwriter 1 you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Underwriter 1
Saudi Arabia is 26,498 USD
Iraq is 5,765 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:
Games programmer (61,579 KWD per year, pre-tax.)
Office operations supervisor (38,220 KWD per year, pre-tax.)
3d drafter (20,020 KWD per year, pre-tax.)
Drill press operator (23,020 KWD per year, pre-tax.)
Manufacturing technician electronics (33,136 KWD per year, pre-tax.)
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