Home > Salary > Malaysia > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 174,092 MYR
Estimated Monthly Salary: 14,508 MYR
Estimated Weekly Salary: 3,348 MYR per week
Estimated Hourly Salary: 84 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,970 MYR
Estimated Weekly Salary: 3,224 MYR per week
Estimated Hourly Salary: 81 MYR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 34,771 USD
Estimated Monthly Salary: 2,898 USD
Estimated Weekly Salary: 669 USD per week
Estimated Hourly Salary: 17 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: 174,092 MYR
Estimated Monthly Salary: 14,508 MYR
Estimated Weekly Salary: 3,348 MYR per week
Estimated Hourly Salary: 84 MYR per hour
By working as Manager Underwriting a person can save up to 2,186 USD per month or 26,237 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 Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Manager Underwriting salary in Malaysia
Average Yearly Salary of Manager Underwriting in Malaysia is approximately 174,092 MYR (34,771 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 174,092 MYR
Estimated Monthly Salary: 14,508 MYR
Estimated Weekly Salary: 3,348 MYR per week
Estimated Hourly Salary: 84 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 167,640 MYREstimated Monthly Salary: 13,970 MYR
Estimated Weekly Salary: 3,224 MYR per week
Estimated Hourly Salary: 81 MYR per hour
Last revision of data: 2024-01-03Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 34,771 USD
Estimated Monthly Salary: 2,898 USD
Estimated Weekly Salary: 669 USD per week
Estimated Hourly Salary: 17 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
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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 Manager Underwriting job salary compared to average salary in Malaysia.
Comparison shows that a person working as Manager Underwriting in Malaysia earns on average:
2.22 times the average salary (or 222% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Malaysia.
Comparison shows that a person working as Manager Underwriting in Malaysia earns on average:
2.22 times the average salary (or 222% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 191,501 MYR and 252,433 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting 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: 174,092 MYR
Estimated Monthly Salary: 14,508 MYR
Estimated Weekly Salary: 3,348 MYR per week
Estimated Hourly Salary: 84 MYR per hour
By working as Manager Underwriting a person can save up to 2,186 USD per month or 26,237 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 Manager Underwriting
Thailand is 14,114 USD
Indonesia is 20,582 USD
Singapore is 130,723 USD
Brunei is 61,072 USD
Vietnam is 7,802 USD
Philippines is 7,732 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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(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Visual merchandising director (216,289 MYR per year, pre-tax.)
Health information management (him), supervisor (57,128 MYR per year, pre-tax.)
Garde manager (53,295 MYR per year, pre-tax.)
Comedian (48,406 MYR per year, pre-tax.)
General manager 1 (89,896 MYR per year, pre-tax.)
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