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Insurance Underwriter Commercial Property salary in Oman

Average Yearly Salary of Insurance Underwriter Commercial Property in Oman is approximately 26,646 OMR (11,136 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 Insurance Underwriter Commercial Property do?

occupation personasAn insurance underwriter for commercial property is responsible for evaluating and assessing the risks associated with insuring commercial properties. They analyze various factors such as location, construction type, occupancy, and fire protection measures to determine the appropriate coverage and premium rates. The underwriter reviews applications, gathers necessary information, and conducts risk assessments to make informed decisions on policy approvals or rejections. They also collaborate with brokers, agents, and other professionals to ensure accurate and comprehensive underwriting. Additionally, they may negotiate terms and conditions, prepare policy documents, and provide guidance on risk management strategies to clients.

Skills: insurance underwriter, commercial property, risk assessment, policy approval, premium rates, risk management.
Job industry: Insurance


How much does Insurance Underwriter Commercial Property make?

Salary details
How much does Insurance Underwriter Commercial Property make?
Estimated Yearly Salary: 26,646 OMR
Estimated Monthly Salary: 2,221 OMR
Estimated Weekly Salary: 512 OMR per week
Estimated Hourly Salary: 13 OMR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 25,710 OMR
Estimated Monthly Salary: 2,143 OMR
Estimated Weekly Salary: 494 OMR per week
Estimated Hourly Salary: 12 OMR per hour
Last revision of data: 2024-02-03



Insurance Underwriter Commercial Property estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 11,136 USD
Estimated Monthly Salary: 928 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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

Oman, officially known as the Sultanate of Oman, is a country located in the southeastern coast of the Arabian Peninsula. With a population of around 5 million people, it spans an area of approximately 309,500 square kilometers. Oman is bordered by the United Arab Emirates to the northwest, Saudi Arabia to the west, and Yemen to the southwest.

Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Commercial Property job salary compared to average salary in Oman.
Comparison shows that a person working as Insurance Underwriter Commercial Property in Oman earns on average:
3.2 times the average salary (or 320% of average salary).

Is Insurance Underwriter Commercial Property a well paid job?

Yes, our data show that Insurance Underwriter Commercial Property 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 Insurance Underwriter Commercial Property?

High salary for Insurance Underwriter Commercial Property would be somewhere between 29,311 OMR and 38,637 OMR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Insurance Underwriter Commercial Property in Oman?

Living in Oman the approximate monthly expenses are: 866 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: 26,646 OMR
Estimated Monthly Salary: 2,221 OMR
Estimated Weekly Salary: 512 OMR per week
Estimated Hourly Salary: 13 OMR per hour
By working as Insurance Underwriter Commercial Property a person can save up to 62 USD per month or 749 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 Oman, see costs of living in Oman.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, United Arab Emirates, Yemen.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Insurance Underwriter Commercial Property

United Arab Emirates is 60,056 USDup arrow 439%
Details on Insurance Underwriter Commercial Property salary in United Arab Emirates
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 Oman

(225,004 OMR per year, pre-tax.)
(187,817 OMR per year, pre-tax.)
(181,259 OMR per year, pre-tax.)
(176,098 OMR per year, pre-tax.)
(175,311 OMR per year, pre-tax.)
(172,262 OMR per year, pre-tax.)
(172,070 OMR per year, pre-tax.)
(171,963 OMR per year, pre-tax.)
(171,687 OMR per year, pre-tax.)
(171,274 OMR per year, pre-tax.)

Data as of 2025

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Insurance underwriter commercial property
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