Home > Salary > Philippines > Insurance Underwriter Casualty
An insurance underwriter specializing in casualty insurance assesses and evaluates the risk associated with insuring individuals or businesses against liability for injuries to others or damage to their property. They analyze various factors such as the applicant's history, industry trends, and regulatory requirements to determine the appropriate coverage and premium rates. The underwriter reviews applications, conducts risk assessments, and makes decisions on policy approvals, modifications, or rejections. They also collaborate with agents, brokers, and other professionals to gather additional information and negotiate terms. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance regulations and policies. Effective communication and decision-making abilities are essential to ensure accurate risk assessment and maintain profitable business relationships.
Estimated Yearly Salary: 331,676 PHP
Estimated Monthly Salary: 27,640 PHP
Estimated Weekly Salary: 6,378 PHP per week
Estimated Hourly Salary: 159 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,695 PHP
Estimated Weekly Salary: 6,160 PHP per week
Estimated Hourly Salary: 154 PHP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,536 USD
Estimated Monthly Salary: 461 USD
Estimated Weekly Salary: 106 USD per week
Estimated Hourly Salary: 3 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: 331,676 PHP
Estimated Monthly Salary: 27,640 PHP
Estimated Weekly Salary: 6,378 PHP per week
Estimated Hourly Salary: 159 PHP per hour
By working as Insurance Underwriter Casualty a person can save up to 303 USD per month or 3,640 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Insurance Underwriter Casualty
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Casualty salary in Philippines
Average Yearly Salary of Insurance Underwriter Casualty in Philippines is approximately 331,676 PHP (5,536 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 Casualty do?
An insurance underwriter specializing in casualty insurance assesses and evaluates the risk associated with insuring individuals or businesses against liability for injuries to others or damage to their property. They analyze various factors such as the applicant's history, industry trends, and regulatory requirements to determine the appropriate coverage and premium rates. The underwriter reviews applications, conducts risk assessments, and makes decisions on policy approvals, modifications, or rejections. They also collaborate with agents, brokers, and other professionals to gather additional information and negotiate terms. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance regulations and policies. Effective communication and decision-making abilities are essential to ensure accurate risk assessment and maintain profitable business relationships.
Skills: insurance underwriter, casualty insurance, risk assessment, liability coverage, premium rates, insurance regulations
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Casualty make?
Salary details
How much does Insurance Underwriter Casualty make?Estimated Yearly Salary: 331,676 PHP
Estimated Monthly Salary: 27,640 PHP
Estimated Weekly Salary: 6,378 PHP per week
Estimated Hourly Salary: 159 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 320,340 PHPEstimated Monthly Salary: 26,695 PHP
Estimated Weekly Salary: 6,160 PHP per week
Estimated Hourly Salary: 154 PHP per hour
Last revision of data: 2024-01-03Insurance Underwriter Casualty estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,536 USD
Estimated Monthly Salary: 461 USD
Estimated Weekly Salary: 106 USD per week
Estimated Hourly Salary: 3 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
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Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Casualty job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Underwriter Casualty in Philippines earns on average:
1.51 times the average salary (or 151% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Casualty job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Underwriter Casualty in Philippines earns on average:
1.51 times the average salary (or 151% of average salary).
Is Insurance Underwriter Casualty a well paid job?
Yes, our data shows that Insurance Underwriter Casualty 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 Insurance Underwriter Casualty?
High salary for Insurance Underwriter Casualty would be somewhere between 364,844 PHP and 480,930 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Casualty in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 331,676 PHP
Estimated Monthly Salary: 27,640 PHP
Estimated Weekly Salary: 6,378 PHP per week
Estimated Hourly Salary: 159 PHP per hour
By working as Insurance Underwriter Casualty a person can save up to 303 USD per month or 3,640 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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 Casualty
China is 17,985 USD
Vietnam is 5,613 USD
Malaysia is 24,854 USD
Indonesia is 14,791 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 Philippines
(2,481,728 PHP per year, pre-tax.)
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4. Neurosurgeon
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6. Urologist
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9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Youth engagement coordinator (206,640 PHP per year, pre-tax.)
Assistant to the vice president (266,100 PHP per year, pre-tax.)
Staff writer (156,758 PHP per year, pre-tax.)
Associate developer (trainer) (85,139 PHP per year, pre-tax.)
Academic director (226,417 PHP per year, pre-tax.)
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