Home > Salary > Philippines > Insurance Underwriter Healthcare
An insurance underwriter in the healthcare industry is responsible for evaluating and assessing risks associated with healthcare policies. They analyze applications, medical records, and other relevant data to determine the level of risk involved in insuring individuals or healthcare providers. Insurance underwriters assess factors such as pre-existing conditions, medical history, age, and lifestyle habits to determine the premium rates and coverage limits for policyholders. They also collaborate with actuaries and other professionals to develop underwriting guidelines and ensure compliance with regulatory requirements. Additionally, they may negotiate terms and conditions with brokers and agents, provide recommendations for policy modifications, and stay updated on industry trends and changes in healthcare regulations.
Estimated Yearly Salary: 288,955 PHP
Estimated Monthly Salary: 24,080 PHP
Estimated Weekly Salary: 5,557 PHP per week
Estimated Hourly Salary: 139 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 23,250 PHP
Estimated Weekly Salary: 5,365 PHP per week
Estimated Hourly Salary: 134 PHP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,799 USD
Estimated Monthly Salary: 400 USD
Estimated Weekly Salary: 92 USD per week
Estimated Hourly Salary: 2 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: 288,955 PHP
Estimated Monthly Salary: 24,080 PHP
Estimated Weekly Salary: 5,557 PHP per week
Estimated Hourly Salary: 139 PHP per hour
By working as Insurance Underwriter Healthcare a person can save up to 242 USD per month or 2,903 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 Healthcare
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Healthcare salary in Philippines
Average Yearly Salary of Insurance Underwriter Healthcare in Philippines is approximately 288,955 PHP (4,799 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 Healthcare do?
An insurance underwriter in the healthcare industry is responsible for evaluating and assessing risks associated with healthcare policies. They analyze applications, medical records, and other relevant data to determine the level of risk involved in insuring individuals or healthcare providers. Insurance underwriters assess factors such as pre-existing conditions, medical history, age, and lifestyle habits to determine the premium rates and coverage limits for policyholders. They also collaborate with actuaries and other professionals to develop underwriting guidelines and ensure compliance with regulatory requirements. Additionally, they may negotiate terms and conditions with brokers and agents, provide recommendations for policy modifications, and stay updated on industry trends and changes in healthcare regulations.
Skills: insurance underwriter, healthcare industry, risk assessment, policy evaluation, underwriting guidelines, regulatory compliance.
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Healthcare make?
Salary details
How much does Insurance Underwriter Healthcare make?Estimated Yearly Salary: 288,955 PHP
Estimated Monthly Salary: 24,080 PHP
Estimated Weekly Salary: 5,557 PHP per week
Estimated Hourly Salary: 139 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 279,000 PHPEstimated Monthly Salary: 23,250 PHP
Estimated Weekly Salary: 5,365 PHP per week
Estimated Hourly Salary: 134 PHP per hour
Last revision of data: 2024-01-03Insurance Underwriter Healthcare estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,799 USD
Estimated Monthly Salary: 400 USD
Estimated Weekly Salary: 92 USD per week
Estimated Hourly Salary: 2 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
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Country:
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 Healthcare job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Underwriter Healthcare in Philippines earns on average:
1.32 times the average salary (or 132% 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 Healthcare job salary compared to average salary in Philippines.
Comparison shows that a person working as Insurance Underwriter Healthcare in Philippines earns on average:
1.32 times the average salary (or 132% of average salary).
Is Insurance Underwriter Healthcare a well paid job?
Yes, our data shows that Insurance Underwriter Healthcare 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 Healthcare?
High salary for Insurance Underwriter Healthcare would be somewhere between 317,851 PHP and 418,985 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Healthcare 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: 288,955 PHP
Estimated Monthly Salary: 24,080 PHP
Estimated Weekly Salary: 5,557 PHP per week
Estimated Hourly Salary: 139 PHP per hour
By working as Insurance Underwriter Healthcare a person can save up to 242 USD per month or 2,903 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 Healthcare
China is 15,668 USD
Vietnam is 4,901 USD
Malaysia is 21,714 USD
Indonesia is 12,936 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.)
2. Cardiologist
(2,051,118 PHP per year, pre-tax.)
(1,992,718 PHP per year, pre-tax.)
4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Lamp developer (203,197 PHP per year, pre-tax.)
Water or liquid waste treatment plant system operator (170,520 PHP per year, pre-tax.)
Forensic interviewer (155,454 PHP per year, pre-tax.)
Technical editor (282,556 PHP per year, pre-tax.)
Meter reader utilities (149,820 PHP per year, pre-tax.)
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