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Underwriter I salary in Myanmar

Average Yearly Salary of Underwriter I in Myanmar is approximately 8,087,415 MMK (3,522 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: 8,087,415 MMK
Estimated Monthly Salary: 673,951 MMK
Estimated Weekly Salary: 155,527 MMK per week
Estimated Hourly Salary: 3,888 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 7,787,235 MMK
Estimated Monthly Salary: 648,936 MMK
Estimated Weekly Salary: 149,755 MMK per week
Estimated Hourly Salary: 3,744 MMK per hour
Last revision of data: 2024-01-03



Underwriter I estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,522 USD
Estimated Monthly Salary: 294 USD
Estimated Weekly Salary: 68 USD per week
Estimated Hourly Salary: 2 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

Myanmar, also known as Burma, is a country located in Southeast Asia. With a population of approximately 54 million people, it is the 26th most populous country in the world. The nation covers an area of around 676,578 square kilometers, making it the 40th largest country in terms of land area.

Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter I job salary compared to average salary in Myanmar.
Comparison shows that a person working as Underwriter I in Myanmar 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 8,896,157 MMK and 11,726,752 MMK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter I in Myanmar?

Living in Myanmar the approximate monthly expenses are: 140 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: 8,087,415 MMK
Estimated Monthly Salary: 673,951 MMK
Estimated Weekly Salary: 155,527 MMK per week
Estimated Hourly Salary: 3,888 MMK per hour
By working as Underwriter I a person can save up to 153 USD per month or 1,837 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 Myanmar, see costs of living in Myanmar.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Bangladesh, China, Laos, Thailand.
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

India is 22,401 USDup arrow 536%
Details on Underwriter I salary in India
Bangladesh is 2,838 USDdown arrow 19%
Details on Underwriter I salary in Bangladesh
China is 12,879 USDup arrow 266%
Details on Underwriter I salary in China
Thailand is 7,283 USDup arrow 107%
Details on Underwriter I salary in Thailand
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 Myanmar

(83,862,518 MMK per year, pre-tax.)
(69,987,991 MMK per year, pre-tax.)
(67,281,160 MMK per year, pre-tax.)
(65,258,796 MMK per year, pre-tax.)
(65,192,663 MMK per year, pre-tax.)
(63,906,515 MMK per year, pre-tax.)
(63,864,729 MMK per year, pre-tax.)
(63,598,524 MMK per year, pre-tax.)
(63,573,880 MMK per year, pre-tax.)
(63,550,989 MMK per year, pre-tax.)

Data as of 2025

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Salary details displayed on this website are meant for reference use only. Our data comes from various inputs and may not necessarily be accurate. Users must verify salary information through other means before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the information provided is flawless. By using this website, you agree that salary information is offered 'as is' and without assurances.
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