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Underwriting Consultant salary in Myanmar

Average Yearly Salary of Underwriting Consultant in Myanmar is approximately 12,085,877 MMK (5,272 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 Consultant do?

occupation personasAn underwriting consultant is a professional who assesses and evaluates insurance applications to determine the level of risk involved in providing coverage. They work closely with insurance brokers and clients to gather relevant information, analyze data, and make informed decisions regarding policy approval, pricing, and terms. Underwriting consultants utilize their expertise in insurance regulations and industry standards to ensure compliance and mitigate potential risks for the insurance company. They also play a crucial role in negotiating terms and conditions with clients and may provide guidance on risk management strategies. Strong analytical skills, attention to detail, and excellent communication abilities are essential for success in this occupation.

Skills: underwriting consultant, insurance analysis, risk assessment, policy approval, risk management, insurance regulations
Job industry: Insurance


How much does Underwriting Consultant make?

Salary details
How much does Underwriting Consultant make?
Estimated Yearly Salary: 12,085,877 MMK
Estimated Monthly Salary: 1,007,156 MMK
Estimated Weekly Salary: 232,421 MMK per week
Estimated Hourly Salary: 5,811 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,636,256 MMK
Estimated Monthly Salary: 969,688 MMK
Estimated Weekly Salary: 223,774 MMK per week
Estimated Hourly Salary: 5,594 MMK per hour
Last revision of data: 2024-01-08



Underwriting Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,272 USD
Estimated Monthly Salary: 439 USD
Estimated Weekly Salary: 101 USD per week
Estimated Hourly Salary: 3 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 Underwriting Consultant job salary compared to average salary in Myanmar.
Comparison shows that a person working as Underwriting Consultant in Myanmar earns on average:
1.64 times the average salary (or 164% of average salary).

Is Underwriting Consultant a well paid job?

Yes, our data shows that Underwriting Consultant 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 Consultant?

High salary for Underwriting Consultant would be somewhere between 13,294,465 MMK and 17,524,522 MMK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Consultant 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: 12,085,877 MMK
Estimated Monthly Salary: 1,007,156 MMK
Estimated Weekly Salary: 232,421 MMK per week
Estimated Hourly Salary: 5,811 MMK per hour
By working as Underwriting Consultant a person can save up to 299 USD per month or 3,587 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 Underwriting Consultant

India is 33,617 USDup arrow 538%
Details on Underwriting Consultant salary in India
Bangladesh is 4,246 USDdown arrow 19%
Details on Underwriting Consultant salary in Bangladesh
China is 19,221 USDup arrow 265%
Details on Underwriting Consultant salary in China
Thailand is 10,863 USDup arrow 106%
Details on Underwriting Consultant 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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The salary figures presented here are meant for reference purposes only. While we strive to ensure correctness, we do not guarantee every estimate is precise. Users are advised to confirm salary details with official authorities before making important career decisions. Salary ranges can fluctuate due to negotiation, industry trends, and location. We deny responsibility for errors in the salary data displayed.
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