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Underwriter I salary in Lebanon

Average Yearly Salary of Underwriter I in Lebanon is approximately 136,452,910 LBP (8,340 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 I do?

occupation personasAn underwriter is a professional who assesses and evaluates risks associated with insurance policies, loans, or investments to determine their acceptability. They review applications, financial statements, and other relevant documents to make informed decisions on whether to approve or deny coverage or funding. Underwriters analyze data, such as credit scores, market trends, and industry regulations, to calculate the level of risk involved and set appropriate terms and conditions for the policy or loan. They also collaborate with agents, brokers, and clients to gather necessary information and clarify any discrepancies. Additionally, underwriters may conduct research, stay updated on industry developments, and participate in training programs to enhance their knowledge and skills.

Skills: Underwriter, Risk assessment, Insurance policies, Loan approval, Financial analysis, Risk management.
Job industry: Insurance


How much does Underwriter I make?

Salary details
How much does Underwriter I make?
Estimated Yearly Salary: 136,452,910 LBP
Estimated Monthly Salary: 11,371,076 LBP
Estimated Weekly Salary: 2,624,094 LBP per week
Estimated Hourly Salary: 65,602 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 131,650,200 LBP
Estimated Monthly Salary: 10,970,850 LBP
Estimated Weekly Salary: 2,531,735 LBP per week
Estimated Hourly Salary: 63,293 LBP per hour
Last revision of data: 2024-01-07



Underwriter I estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,340 USD
Estimated Monthly Salary: 695 USD
Estimated Weekly Salary: 160 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 I job salary compared to average salary in Lebanon.
Comparison shows that a person working as Underwriter I in Lebanon earns on average:
1.1 times the average salary (or 110% of average salary).

Is Underwriter I a well paid job?

Yes, our data show that Underwriter I 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 I?

High salary for Underwriter I would be somewhere between 150,098,201 LBP and 197,856,720 LBP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter I 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: 136,452,910 LBP
Estimated Monthly Salary: 11,371,076 LBP
Estimated Weekly Salary: 2,624,094 LBP per week
Estimated Hourly Salary: 65,602 LBP per hour
By working as Underwriter I a person can save up to 363 USD per month or 4,356 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 I

Syria is 3,695 USDdown arrow 56%
Details on Underwriter I salary in Syria
Israel is 54,751 USDup arrow 556%
Details on Underwriter I salary in Israel
Jordan is 9,514 USDup arrow 14%
Details on Underwriter I salary in Jordan
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Lebanon

(1,417,299,855 LBP per year, pre-tax.)
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
(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 2025

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