Home > Salary > Malaysia > Insurance Underwriting Clerk
An insurance underwriting clerk is responsible for providing administrative support to insurance underwriters. They assist in the underwriting process by gathering and verifying information, such as policy applications, medical records, and financial statements. These clerks review documents for accuracy and completeness, enter data into computer systems, and generate reports. They may also correspond with clients or agents to obtain missing information or clarify details. Additionally, insurance underwriting clerks may assist in the preparation of quotes and policies, as well as handle policy cancellations or modifications. Strong attention to detail, excellent organizational skills, and proficiency in computer software are essential for this role.
Estimated Yearly Salary: 67,067 MYR
Estimated Monthly Salary: 5,589 MYR
Estimated Weekly Salary: 1,290 MYR per week
Estimated Hourly Salary: 32 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,410 MYR
Estimated Weekly Salary: 1,249 MYR per week
Estimated Hourly Salary: 31 MYR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 13,435 USD
Estimated Monthly Salary: 1,120 USD
Estimated Weekly Salary: 258 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 67,067 MYR
Estimated Monthly Salary: 5,589 MYR
Estimated Weekly Salary: 1,290 MYR per week
Estimated Hourly Salary: 32 MYR per hour
By working as Insurance Underwriting Clerk a person can save up to 408 USD per month or 4,901 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Insurance Underwriting Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriting Clerk salary in Malaysia
Average Yearly Salary of Insurance Underwriting Clerk in Malaysia is approximately 67,067 MYR (13,435 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 Underwriting Clerk do?
An insurance underwriting clerk is responsible for providing administrative support to insurance underwriters. They assist in the underwriting process by gathering and verifying information, such as policy applications, medical records, and financial statements. These clerks review documents for accuracy and completeness, enter data into computer systems, and generate reports. They may also correspond with clients or agents to obtain missing information or clarify details. Additionally, insurance underwriting clerks may assist in the preparation of quotes and policies, as well as handle policy cancellations or modifications. Strong attention to detail, excellent organizational skills, and proficiency in computer software are essential for this role.
Skills: Insurance, Underwriting, Clerk, Administrative Support, Data Entry, Attention to Detail
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriting Clerk make?
Salary details
How much does Insurance Underwriting Clerk make?Estimated Yearly Salary: 67,067 MYR
Estimated Monthly Salary: 5,589 MYR
Estimated Weekly Salary: 1,290 MYR per week
Estimated Hourly Salary: 32 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 64,925 MYREstimated Monthly Salary: 5,410 MYR
Estimated Weekly Salary: 1,249 MYR per week
Estimated Hourly Salary: 31 MYR per hour
Last revision of data: 2024-01-05Insurance Underwriting Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,435 USD
Estimated Monthly Salary: 1,120 USD
Estimated Weekly Salary: 258 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriting Clerk job salary compared to average salary in Malaysia.
Comparison shows that a person working as Insurance Underwriting Clerk in Malaysia earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriting Clerk job salary compared to average salary in Malaysia.
Comparison shows that a person working as Insurance Underwriting Clerk in Malaysia earns on average:
0.86 times the average salary (or 86% of average salary).
Is Insurance Underwriting Clerk a well paid job?
Yes, our data show that Insurance Underwriting Clerk 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 Insurance Underwriting Clerk?
High salary for Insurance Underwriting Clerk would be somewhere between 73,774 MYR and 97,247 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriting Clerk in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 67,067 MYR
Estimated Monthly Salary: 5,589 MYR
Estimated Weekly Salary: 1,290 MYR per week
Estimated Hourly Salary: 32 MYR per hour
By working as Insurance Underwriting Clerk a person can save up to 408 USD per month or 4,901 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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 Underwriting Clerk
Thailand is 5,461 USD
Indonesia is 7,977 USD
Singapore is 50,772 USD
Brunei is 23,699 USD
Vietnam is 3,034 USD
Philippines is 2,983 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 Malaysia
(927,752 MYR per year, pre-tax.)
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(770,656 MYR per year, pre-tax.)
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5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Certified financial planner (cfp) (93,129 MYR per year, pre-tax.)
Coordinate measuring machine (cmm), operator (42,875 MYR per year, pre-tax.)
Royalty accounting manager (100,172 MYR per year, pre-tax.)
Yield engineer (176,049 MYR per year, pre-tax.)
Acrobat (116,091 MYR per year, pre-tax.)
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