Home > Salary > Philippines > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 462,466 PHP
Estimated Monthly Salary: 38,539 PHP
Estimated Weekly Salary: 8,894 PHP per week
Estimated Hourly Salary: 222 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 37,245 PHP
Estimated Weekly Salary: 8,595 PHP per week
Estimated Hourly Salary: 215 PHP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,732 USD
Estimated Monthly Salary: 644 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 462,466 PHP
Estimated Monthly Salary: 38,539 PHP
Estimated Weekly Salary: 8,894 PHP per week
Estimated Hourly Salary: 222 PHP per hour
By working as Manager Underwriting a person can save up to 486 USD per month or 5,836 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 Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Philippines
Average Yearly Salary of Manager Underwriting in Philippines is approximately 462,466 PHP (7,732 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 462,466 PHP
Estimated Monthly Salary: 38,539 PHP
Estimated Weekly Salary: 8,894 PHP per week
Estimated Hourly Salary: 222 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 446,940 PHPEstimated Monthly Salary: 37,245 PHP
Estimated Weekly Salary: 8,595 PHP per week
Estimated Hourly Salary: 215 PHP per hour
Last revision of data: 2024-01-03Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,732 USD
Estimated Monthly Salary: 644 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Manager Underwriting job salary compared to average salary in Philippines.
Comparison shows that a person working as Manager Underwriting in Philippines earns on average:
2.11 times the average salary (or 211% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Philippines.
Comparison shows that a person working as Manager Underwriting in Philippines earns on average:
2.11 times the average salary (or 211% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting 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 Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 508,713 PHP and 670,576 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting 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: 462,466 PHP
Estimated Monthly Salary: 38,539 PHP
Estimated Weekly Salary: 8,894 PHP per week
Estimated Hourly Salary: 222 PHP per hour
By working as Manager Underwriting a person can save up to 486 USD per month or 5,836 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 Manager Underwriting
China is 25,149 USD
Vietnam is 7,802 USD
Malaysia is 34,771 USD
Indonesia is 20,582 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
(1,926,350 PHP per year, pre-tax.)
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6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
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9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Price verifier (117,698 PHP per year, pre-tax.)
Dba consultant (306,583 PHP per year, pre-tax.)
Contracts manager (396,683 PHP per year, pre-tax.)
Fresh produce processor (117,970 PHP per year, pre-tax.)
Air force master sergeant air (193,498 PHP per year, pre-tax.)
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