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An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Estimated Yearly Salary: 120,990 MYR
Estimated Monthly Salary: 10,083 MYR
Estimated Weekly Salary: 2,327 MYR per week
Estimated Hourly Salary: 58 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,771 MYR
Estimated Weekly Salary: 2,255 MYR per week
Estimated Hourly Salary: 56 MYR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 24,311 USD
Estimated Monthly Salary: 2,026 USD
Estimated Weekly Salary: 468 USD per week
Estimated Hourly Salary: 12 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: 120,990 MYR
Estimated Monthly Salary: 10,083 MYR
Estimated Weekly Salary: 2,327 MYR per week
Estimated Hourly Salary: 58 MYR per hour
By working as Underwriting Supervisor a person can save up to 1,315 USD per month or 15,777 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 Underwriting Supervisor
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Supervisor salary in Malaysia
Average Yearly Salary of Underwriting Supervisor in Malaysia is approximately 120,990 MYR (24,311 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 Underwriting Supervisor do?
An underwriting supervisor is responsible for overseeing the underwriting process in an insurance company or financial institution. They supervise a team of underwriters and ensure that they adhere to company policies and guidelines. The main duties of an underwriting supervisor include reviewing and approving or denying insurance applications, analyzing risk factors, determining premiums, and providing guidance and support to the underwriting team. They also collaborate with other departments such as claims and sales to resolve any issues or concerns related to underwriting decisions. Strong analytical and decision-making skills are essential for this role, as well as excellent communication and leadership abilities. An underwriting supervisor should have a deep understanding of insurance regulations and industry trends to effectively manage risks and maintain profitability.
Skills: Underwriting supervisor, Insurance, Risk analysis, Team management, Policy compliance, Communication skills
Job industry: Finance
Job industry: Finance
How much does Underwriting Supervisor make?
Salary details
How much does Underwriting Supervisor make?Estimated Yearly Salary: 120,990 MYR
Estimated Monthly Salary: 10,083 MYR
Estimated Weekly Salary: 2,327 MYR per week
Estimated Hourly Salary: 58 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 117,250 MYREstimated Monthly Salary: 9,771 MYR
Estimated Weekly Salary: 2,255 MYR per week
Estimated Hourly Salary: 56 MYR per hour
Last revision of data: 2024-01-05Underwriting Supervisor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,311 USD
Estimated Monthly Salary: 2,026 USD
Estimated Weekly Salary: 468 USD per week
Estimated Hourly Salary: 12 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
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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 Underwriting Supervisor job salary compared to average salary in Malaysia.
Comparison shows that a person working as Underwriting Supervisor in Malaysia earns on average:
1.55 times the average salary (or 155% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Supervisor job salary compared to average salary in Malaysia.
Comparison shows that a person working as Underwriting Supervisor in Malaysia earns on average:
1.55 times the average salary (or 155% of average salary).
Is Underwriting Supervisor a well paid job?
Yes, our data shows that Underwriting Supervisor 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 Underwriting Supervisor?
High salary for Underwriting Supervisor would be somewhere between 133,089 MYR and 175,436 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Supervisor 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: 120,990 MYR
Estimated Monthly Salary: 10,083 MYR
Estimated Weekly Salary: 2,327 MYR per week
Estimated Hourly Salary: 58 MYR per hour
By working as Underwriting Supervisor a person can save up to 1,315 USD per month or 15,777 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 Underwriting Supervisor
Thailand is 9,872 USD
Indonesia is 14,497 USD
Singapore is 91,739 USD
Brunei is 43,034 USD
Vietnam is 5,483 USD
Philippines is 5,379 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
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Data as of 2025Random salary:
Bank compliance officer (75,374 MYR per year, pre-tax.)
Security officer (39,914 MYR per year, pre-tax.)
Radio promotions assistant (48,158 MYR per year, pre-tax.)
Senior staff engineer (164,578 MYR per year, pre-tax.)
Workforce development coordinator (56,705 MYR per year, pre-tax.)
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