Home > Salary > Philippines > Underwriting Technician
An underwriting technician is responsible for providing support to underwriters in the insurance industry. They assist in evaluating and assessing insurance applications, policies, and claims to determine the level of risk involved. Underwriting technicians gather and analyze data, perform risk assessments, and ensure compliance with company policies and industry regulations. They review applications, verify information, and calculate premiums based on risk factors. Additionally, they may communicate with clients, brokers, and agents to gather additional information or clarify details. Attention to detail, strong analytical skills, and knowledge of insurance policies and regulations are essential in this role. Underwriting technicians work in insurance companies, underwriting departments, or brokerage firms.
Estimated Yearly Salary: 209,097 PHP
Estimated Monthly Salary: 17,425 PHP
Estimated Weekly Salary: 4,021 PHP per week
Estimated Hourly Salary: 101 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,790 PHP
Estimated Weekly Salary: 3,875 PHP per week
Estimated Hourly Salary: 97 PHP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 3,485 USD
Estimated Monthly Salary: 290 USD
Estimated Weekly Salary: 67 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: 209,097 PHP
Estimated Monthly Salary: 17,425 PHP
Estimated Weekly Salary: 4,021 PHP per week
Estimated Hourly Salary: 101 PHP per hour
By working as Underwriting Technician a person can save up to 132 USD per month or 1,589 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 Underwriting Technician
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Technician salary in Philippines
Average Yearly Salary of Underwriting Technician in Philippines is approximately 209,097 PHP (3,485 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 Technician do?
An underwriting technician is responsible for providing support to underwriters in the insurance industry. They assist in evaluating and assessing insurance applications, policies, and claims to determine the level of risk involved. Underwriting technicians gather and analyze data, perform risk assessments, and ensure compliance with company policies and industry regulations. They review applications, verify information, and calculate premiums based on risk factors. Additionally, they may communicate with clients, brokers, and agents to gather additional information or clarify details. Attention to detail, strong analytical skills, and knowledge of insurance policies and regulations are essential in this role. Underwriting technicians work in insurance companies, underwriting departments, or brokerage firms.
Skills: underwriting technician, insurance industry, risk assessment, policy evaluation, data analysis, compliance.
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Technician make?
Salary details
How much does Underwriting Technician make?Estimated Yearly Salary: 209,097 PHP
Estimated Monthly Salary: 17,425 PHP
Estimated Weekly Salary: 4,021 PHP per week
Estimated Hourly Salary: 101 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 201,480 PHPEstimated Monthly Salary: 16,790 PHP
Estimated Weekly Salary: 3,875 PHP per week
Estimated Hourly Salary: 97 PHP per hour
Last revision of data: 2024-01-08Underwriting Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,485 USD
Estimated Monthly Salary: 290 USD
Estimated Weekly Salary: 67 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
Compare salary to other countries
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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 Underwriting Technician job salary compared to average salary in Philippines.
Comparison shows that a person working as Underwriting Technician in Philippines earns on average:
0.95 times the average salary (or 95% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Technician job salary compared to average salary in Philippines.
Comparison shows that a person working as Underwriting Technician in Philippines earns on average:
0.95 times the average salary (or 95% of average salary).
Is Underwriting Technician a well paid job?
Yes, our data show that Underwriting Technician is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriting Technician?
High salary for Underwriting Technician would be somewhere between 230,007 PHP and 303,191 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Technician 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: 209,097 PHP
Estimated Monthly Salary: 17,425 PHP
Estimated Weekly Salary: 4,021 PHP per week
Estimated Hourly Salary: 101 PHP per hour
By working as Underwriting Technician a person can save up to 132 USD per month or 1,589 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 Underwriting Technician
China is 11,308 USD
Vietnam is 3,518 USD
Malaysia is 15,696 USD
Indonesia is 9,299 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.)
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9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Firefighter paramedic (201,238 PHP per year, pre-tax.)
Chief nurse anesthetist (crna) (876,486 PHP per year, pre-tax.)
Budget accountant (319,722 PHP per year, pre-tax.)
Chemical dependency intern (121,440 PHP per year, pre-tax.)
Production manager (unspecified type) (236,507 PHP per year, pre-tax.)
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