Home > Salary > Lebanon > Insurance Rater
An insurance rater is responsible for evaluating and determining the appropriate premiums for insurance policies. They analyze various factors such as the applicant's age, health condition, occupation, and past claims history to assess the level of risk involved. Insurance raters use specialized software and databases to calculate premiums accurately and ensure compliance with industry regulations.
Their main duties include reviewing applications, collecting and verifying information, conducting risk assessments, and providing quotes to clients. They also collaborate with underwriters and insurance agents to resolve any discrepancies or issues that may arise during the rating process. Accuracy, attention to detail, and strong analytical skills are crucial in this role.
Estimated Yearly Salary: 101,269,399 LBP
Estimated Monthly Salary: 8,439,117 LBP
Estimated Weekly Salary: 1,947,488 LBP per week
Estimated Hourly Salary: 48,687 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,135,488 LBP
Estimated Weekly Salary: 1,877,420 LBP per week
Estimated Hourly Salary: 46,936 LBP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,172 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 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: 101,269,399 LBP
Estimated Monthly Salary: 8,439,117 LBP
Estimated Weekly Salary: 1,947,488 LBP per week
Estimated Hourly Salary: 48,687 LBP per hour
By working as Insurance Rater a person can save up to 182 USD per month or 2,188 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 Lebanon, see costs of living in Lebanon.
Estimated Yearly Salary for Insurance Rater
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Rater salary in Lebanon
Average Yearly Salary of Insurance Rater in Lebanon is approximately 101,269,399 LBP (6,172 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 Insurance Rater do?
An insurance rater is responsible for evaluating and determining the appropriate premiums for insurance policies. They analyze various factors such as the applicant's age, health condition, occupation, and past claims history to assess the level of risk involved. Insurance raters use specialized software and databases to calculate premiums accurately and ensure compliance with industry regulations.
Their main duties include reviewing applications, collecting and verifying information, conducting risk assessments, and providing quotes to clients. They also collaborate with underwriters and insurance agents to resolve any discrepancies or issues that may arise during the rating process. Accuracy, attention to detail, and strong analytical skills are crucial in this role.
Skills: Insurance, Rater, Premiums, Risk assessment, Underwriting, Analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Insurance Rater make?
Salary details
How much does Insurance Rater make?Estimated Yearly Salary: 101,269,399 LBP
Estimated Monthly Salary: 8,439,117 LBP
Estimated Weekly Salary: 1,947,488 LBP per week
Estimated Hourly Salary: 48,687 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 97,625,850 LBPEstimated Monthly Salary: 8,135,488 LBP
Estimated Weekly Salary: 1,877,420 LBP per week
Estimated Hourly Salary: 46,936 LBP per hour
Last revision of data: 2024-01-09Insurance Rater estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,172 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 USD per week
Estimated Hourly Salary: 3 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
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Rater job salary compared to average salary in Lebanon.
Comparison shows that a person working as Insurance Rater in Lebanon earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Rater job salary compared to average salary in Lebanon.
Comparison shows that a person working as Insurance Rater in Lebanon earns on average:
0.81 times the average salary (or 81% of average salary).
Is Insurance Rater a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Insurance Rater?
High salary for Insurance Rater would be somewhere between 111,396,339 LBP and 146,840,629 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Rater in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 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: 101,269,399 LBP
Estimated Monthly Salary: 8,439,117 LBP
Estimated Weekly Salary: 1,947,488 LBP per week
Estimated Hourly Salary: 48,687 LBP per hour
By working as Insurance Rater a person can save up to 182 USD per month or 2,188 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 Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Rater
Syria is 2,735 USD
Israel is 40,606 USD
Jordan is 7,079 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 Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Building superintendent (102,307,626 LBP per year, pre-tax.)
Youth services librarian (122,937,852 LBP per year, pre-tax.)
Operating systems programmer (215,967,150 LBP per year, pre-tax.)
It development manager (282,615,000 LBP per year, pre-tax.)
Fire sprinkler designer (118,341,300 LBP per year, pre-tax.)
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