Home > Salary > Lebanon > Insurance Underwriter Life
An insurance underwriter for life insurance is responsible for evaluating and assessing the risks associated with insuring an individual's life. They analyze various factors such as age, health, occupation, lifestyle, and medical history to determine the likelihood of a claim being made. Using actuarial tables and statistical data, they calculate the appropriate premium rates and coverage amounts for policyholders. The underwriter reviews applications, medical records, and other relevant documents to make informed decisions about accepting or rejecting insurance applications. They also collaborate with agents and brokers to clarify policy terms, answer inquiries, and provide guidance on complex cases. Accuracy, attention to detail, and strong analytical skills are crucial in this role to ensure fair pricing and minimize potential losses for the insurance company.
Estimated Yearly Salary: 158,178,202 LBP
Estimated Monthly Salary: 13,181,517 LBP
Estimated Weekly Salary: 3,041,889 LBP per week
Estimated Hourly Salary: 76,047 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,695,775 LBP
Estimated Weekly Salary: 2,929,794 LBP per week
Estimated Hourly Salary: 73,245 LBP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 9,646 USD
Estimated Monthly Salary: 804 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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: 158,178,202 LBP
Estimated Monthly Salary: 13,181,517 LBP
Estimated Weekly Salary: 3,041,889 LBP per week
Estimated Hourly Salary: 76,047 LBP per hour
By working as Insurance Underwriter Life a person can save up to 472 USD per month or 5,662 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 Underwriter Life
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Nursery manager (horticulture landscaping gardening) (85,788,450 LBP per year, pre-tax.)
National accounts representative (87,150,000 LBP per year, pre-tax.)
Medical esthetician (68,205,084 LBP per year, pre-tax.)
Funding manager (188,580,449 LBP per year, pre-tax.)
Quantitative researcher (285,487,350 LBP per year, pre-tax.)
Insurance Underwriter Life salary in Lebanon
Average Yearly Salary of Insurance Underwriter Life in Lebanon is approximately 158,178,202 LBP (9,646 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 Underwriter Life do?
An insurance underwriter for life insurance is responsible for evaluating and assessing the risks associated with insuring an individual's life. They analyze various factors such as age, health, occupation, lifestyle, and medical history to determine the likelihood of a claim being made. Using actuarial tables and statistical data, they calculate the appropriate premium rates and coverage amounts for policyholders. The underwriter reviews applications, medical records, and other relevant documents to make informed decisions about accepting or rejecting insurance applications. They also collaborate with agents and brokers to clarify policy terms, answer inquiries, and provide guidance on complex cases. Accuracy, attention to detail, and strong analytical skills are crucial in this role to ensure fair pricing and minimize potential losses for the insurance company.
Skills: Insurance underwriter, Life insurance, Risk assessment, Actuarial analysis, Policy evaluation, Premium calculation
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Life make?
Salary details
How much does Insurance Underwriter Life make?Estimated Yearly Salary: 158,178,202 LBP
Estimated Monthly Salary: 13,181,517 LBP
Estimated Weekly Salary: 3,041,889 LBP per week
Estimated Hourly Salary: 76,047 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 152,349,300 LBPEstimated Monthly Salary: 12,695,775 LBP
Estimated Weekly Salary: 2,929,794 LBP per week
Estimated Hourly Salary: 73,245 LBP per hour
Last revision of data: 2024-01-09Insurance Underwriter Life estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,646 USD
Estimated Monthly Salary: 804 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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 Underwriter Life job salary compared to average salary in Lebanon.
Comparison shows that a person working as Insurance Underwriter Life in Lebanon earns on average:
1.27 times the average salary (or 127% 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 Underwriter Life job salary compared to average salary in Lebanon.
Comparison shows that a person working as Insurance Underwriter Life in Lebanon earns on average:
1.27 times the average salary (or 127% of average salary).
Is Insurance Underwriter Life a well paid job?
Yes, our data shows that Insurance Underwriter Life 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 Insurance Underwriter Life?
High salary for Insurance Underwriter Life would be somewhere between 173,996,022 LBP and 229,358,393 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Life 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: 158,178,202 LBP
Estimated Monthly Salary: 13,181,517 LBP
Estimated Weekly Salary: 3,041,889 LBP per week
Estimated Hourly Salary: 76,047 LBP per hour
By working as Insurance Underwriter Life a person can save up to 472 USD per month or 5,662 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 Underwriter Life
Syria is 4,271 USD
Israel is 63,540 USD
Jordan is 11,064 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:
Nursery manager (horticulture landscaping gardening) (85,788,450 LBP per year, pre-tax.)
National accounts representative (87,150,000 LBP per year, pre-tax.)
Medical esthetician (68,205,084 LBP per year, pre-tax.)
Funding manager (188,580,449 LBP per year, pre-tax.)
Quantitative researcher (285,487,350 LBP 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=lebanon&job=insurance-underwriter-life'><img src='https://optisalary.com/wp-content/graphs/salary/insurance-underwriter-life-salary-in-lebanon-2025.jpg' alt='insurance underwriter life salary in lebanon 2025' title='insurance underwriter life salary in lebanon 2025' /></a>
Please note:The salary figures on this website are meant for reference use only.
Salary information displayed on this site is informational only. Our figures are compiled various inputs, but we cannot guarantee their accuracy. Users should always verify salary details with official resources before making financial commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the completeness of the provided salary data. By navigating this site, you acknowledge these limitations.
The salary estimates on optisalary.com are meant for informational use exclusively. We collect salary data from multiple providers, but do not guarantee complete precision. Users should on their own confirm salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the validity of the listed salary data. By using this site, you acknowledge that salary data is subject to updates.