Home > Salary > Lebanon > Underwriter Associate
An underwriter associate is a professional who works in the insurance industry, specifically in the underwriting department. Their primary responsibility is to assess the risk associated with insurance applications and determine the appropriate coverage and premium rates. Underwriter associates review policy applications, analyze data, and evaluate risk factors such as medical history, financial status, and previous claims. They collaborate with underwriters to make informed decisions regarding acceptance or rejection of insurance applications. Additionally, they may assist in preparing reports, maintaining records, and providing customer service.
Estimated Yearly Salary: 113,334,720 LBP
Estimated Monthly Salary: 9,444,560 LBP
Estimated Weekly Salary: 2,179,514 LBP per week
Estimated Hourly Salary: 54,488 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,121,938 LBP
Estimated Weekly Salary: 2,105,063 LBP per week
Estimated Hourly Salary: 52,627 LBP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,923 USD
Estimated Monthly Salary: 577 USD
Estimated Weekly Salary: 133 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: 113,334,720 LBP
Estimated Monthly Salary: 9,444,560 LBP
Estimated Weekly Salary: 2,179,514 LBP per week
Estimated Hourly Salary: 54,488 LBP per hour
By working as Underwriter Associate a person can save up to 245 USD per month or 2,939 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 Underwriter Associate
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Associate salary in Lebanon
Average Yearly Salary of Underwriter Associate in Lebanon is approximately 113,334,720 LBP (6,923 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 Associate do?
An underwriter associate is a professional who works in the insurance industry, specifically in the underwriting department. Their primary responsibility is to assess the risk associated with insurance applications and determine the appropriate coverage and premium rates. Underwriter associates review policy applications, analyze data, and evaluate risk factors such as medical history, financial status, and previous claims. They collaborate with underwriters to make informed decisions regarding acceptance or rejection of insurance applications. Additionally, they may assist in preparing reports, maintaining records, and providing customer service.
Skills: underwriting, risk assessment, insurance industry, policy analysis, data analysis, customer service
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Associate make?
Salary details
How much does Underwriter Associate make?Estimated Yearly Salary: 113,334,720 LBP
Estimated Monthly Salary: 9,444,560 LBP
Estimated Weekly Salary: 2,179,514 LBP per week
Estimated Hourly Salary: 54,488 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 109,463,250 LBPEstimated Monthly Salary: 9,121,938 LBP
Estimated Weekly Salary: 2,105,063 LBP per week
Estimated Hourly Salary: 52,627 LBP per hour
Last revision of data: 2024-01-08Underwriter Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,923 USD
Estimated Monthly Salary: 577 USD
Estimated Weekly Salary: 133 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
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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 Underwriter Associate job salary compared to average salary in Lebanon.
Comparison shows that a person working as Underwriter Associate in Lebanon earns on average:
0.91 times the average salary (or 91% 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 Underwriter Associate job salary compared to average salary in Lebanon.
Comparison shows that a person working as Underwriter Associate in Lebanon earns on average:
0.91 times the average salary (or 91% of average salary).
Is Underwriter Associate a well paid job?
Yes, our data show that Underwriter Associate is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Associate?
High salary for Underwriter Associate would be somewhere between 124,668,192 LBP and 164,335,344 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Associate 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: 113,334,720 LBP
Estimated Monthly Salary: 9,444,560 LBP
Estimated Weekly Salary: 2,179,514 LBP per week
Estimated Hourly Salary: 54,488 LBP per hour
By working as Underwriter Associate a person can save up to 245 USD per month or 2,939 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 Underwriter Associate
Syria is 3,071 USD
Israel is 45,682 USD
Jordan is 7,927 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.)
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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:
Qualification engineer (173,019,859 LBP per year, pre-tax.)
Millingplaning mach setup (97,625,850 LBP per year, pre-tax.)
Integration engineer (223,357,350 LBP per year, pre-tax.)
Design engineer analog and mixed signal (203,515,170 LBP per year, pre-tax.)
Medical records manager (91,707,150 LBP per year, pre-tax.)
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