Home > Salary > Malaysia > Senior Underwriter
A senior underwriter is responsible for analyzing and evaluating insurance applications to determine the level of risk involved and decide on appropriate coverage and premium rates. They review complex insurance policies, assess the potential risks, and make recommendations based on their analysis. Senior underwriters also interact with clients and agents to gather additional information or clarify policy details. They ensure that all underwriting guidelines and regulations are followed, and may provide guidance and support to junior underwriters.
Estimated Yearly Salary: 148,925 MYR
Estimated Monthly Salary: 12,410 MYR
Estimated Weekly Salary: 2,864 MYR per week
Estimated Hourly Salary: 72 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,951 MYR
Estimated Weekly Salary: 2,758 MYR per week
Estimated Hourly Salary: 69 MYR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 29,707 USD
Estimated Monthly Salary: 2,476 USD
Estimated Weekly Salary: 571 USD per week
Estimated Hourly Salary: 14 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: 148,925 MYR
Estimated Monthly Salary: 12,410 MYR
Estimated Weekly Salary: 2,864 MYR per week
Estimated Hourly Salary: 72 MYR per hour
By working as Senior Underwriter a person can save up to 1,764 USD per month or 21,173 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 Senior Underwriter
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Chief scientific officer (cso) (245,737 MYR per year, pre-tax.)
Chemical plant foreman (50,479 MYR per year, pre-tax.)
Jewelry sales representative (45,545 MYR per year, pre-tax.)
Senior business consultant (132,259 MYR per year, pre-tax.)
Assembly line foreman (50,479 MYR per year, pre-tax.)
Senior Underwriter salary in Malaysia
Average Yearly Salary of Senior Underwriter in Malaysia is approximately 148,925 MYR (29,707 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 Senior Underwriter do?
A senior underwriter is responsible for analyzing and evaluating insurance applications to determine the level of risk involved and decide on appropriate coverage and premium rates. They review complex insurance policies, assess the potential risks, and make recommendations based on their analysis. Senior underwriters also interact with clients and agents to gather additional information or clarify policy details. They ensure that all underwriting guidelines and regulations are followed, and may provide guidance and support to junior underwriters.
Skills: senior underwriter, insurance underwriting, risk assessment, policy analysis, premium rate determination, client interaction
Job industry: Insurance
Job industry: Insurance
How much does Senior Underwriter make?
Salary details
How much does Senior Underwriter make?Estimated Yearly Salary: 148,925 MYR
Estimated Monthly Salary: 12,410 MYR
Estimated Weekly Salary: 2,864 MYR per week
Estimated Hourly Salary: 72 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 143,415 MYREstimated Monthly Salary: 11,951 MYR
Estimated Weekly Salary: 2,758 MYR per week
Estimated Hourly Salary: 69 MYR per hour
Last revision of data: 2024-01-09Senior Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,707 USD
Estimated Monthly Salary: 2,476 USD
Estimated Weekly Salary: 571 USD per week
Estimated Hourly Salary: 14 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
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 Senior Underwriter job salary compared to average salary in Malaysia.
Comparison shows that a person working as Senior Underwriter in Malaysia earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Senior Underwriter job salary compared to average salary in Malaysia.
Comparison shows that a person working as Senior Underwriter in Malaysia earns on average:
1.9 times the average salary (or 190% of average salary).
Is Senior Underwriter a well paid job?
Yes, our data shows that Senior Underwriter 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 Senior Underwriter?
High salary for Senior Underwriter would be somewhere between 163,818 MYR and 215,941 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Underwriter 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: 148,925 MYR
Estimated Monthly Salary: 12,410 MYR
Estimated Weekly Salary: 2,864 MYR per week
Estimated Hourly Salary: 72 MYR per hour
By working as Senior Underwriter a person can save up to 1,764 USD per month or 21,173 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 Senior Underwriter
Thailand is 12,064 USD
Indonesia is 17,717 USD
Singapore is 112,414 USD
Brunei is 52,415 USD
Vietnam is 6,709 USD
Philippines is 6,613 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.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(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.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Chief scientific officer (cso) (245,737 MYR per year, pre-tax.)
Chemical plant foreman (50,479 MYR per year, pre-tax.)
Jewelry sales representative (45,545 MYR per year, pre-tax.)
Senior business consultant (132,259 MYR per year, pre-tax.)
Assembly line foreman (50,479 MYR 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=malaysia&job=senior-underwriter'><img src='https://optisalary.com/wp-content/graphs/salary/senior-underwriter-salary-in-malaysia-2025.jpg' alt='senior underwriter salary in malaysia 2025' title='senior underwriter salary in malaysia 2025' /></a>
Please note:This website presents salary estimates for educational purposes exclusively.
optisalary.com aggregates salary data for reference use only. While we endeavor to deliver correct figures, we cannot ensure their full reliability. Users are strongly encouraged to check with other sources before finalizing career-related plans. Salary amounts vary based on multiple conditions, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed information. Your use of this site acknowledges acceptance of this notice.
Salary details displayed on this website are intended for informational use exclusively. Our data is sourced through various sources and may not necessarily be up to date. Users must cross-reference salary information through other means before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We do not guarantee that the data displayed is flawless. By accessing this website, you accept that salary information is presented 'as is' and without warranties.