Home > Salary > Qatar > Underwriter Business Banking
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Estimated Yearly Salary: 357,278 QAR
Estimated Monthly Salary: 29,773 QAR
Estimated Weekly Salary: 6,871 QAR per week
Estimated Hourly Salary: 172 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,689 QAR
Estimated Weekly Salary: 6,620 QAR per week
Estimated Hourly Salary: 166 QAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 89,378 USD
Estimated Monthly Salary: 7,448 USD
Estimated Weekly Salary: 1,719 USD per week
Estimated Hourly Salary: 43 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: 357,278 QAR
Estimated Monthly Salary: 29,773 QAR
Estimated Weekly Salary: 6,871 QAR per week
Estimated Hourly Salary: 172 QAR per hour
By working as Underwriter Business Banking a person can save up to 4,628 USD per month or 55,538 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Underwriter Business Banking
United Arab Emirates is 62,045 USD
31%
Details on Underwriter Business Banking salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Business Banking salary in Qatar
Average Yearly Salary of Underwriter Business Banking in Qatar is approximately 357,278 QAR (89,378 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 Underwriter Business Banking do?
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Skills: underwriter, business banking, credit analysis, risk assessment, financial analysis, loan approval.
Job industry: Banking
Job industry: Banking
How much does Underwriter Business Banking make?
Salary details
How much does Underwriter Business Banking make?Estimated Yearly Salary: 357,278 QAR
Estimated Monthly Salary: 29,773 QAR
Estimated Weekly Salary: 6,871 QAR per week
Estimated Hourly Salary: 172 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 344,264 QAREstimated Monthly Salary: 28,689 QAR
Estimated Weekly Salary: 6,620 QAR per week
Estimated Hourly Salary: 166 QAR per hour
Last revision of data: 2024-01-08Underwriter Business Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 89,378 USD
Estimated Monthly Salary: 7,448 USD
Estimated Weekly Salary: 1,719 USD per week
Estimated Hourly Salary: 43 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
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Business Banking job salary compared to average salary in Qatar.
Comparison shows that a person working as Underwriter Business Banking in Qatar earns on average:
1.39 times the average salary (or 139% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Business Banking job salary compared to average salary in Qatar.
Comparison shows that a person working as Underwriter Business Banking in Qatar earns on average:
1.39 times the average salary (or 139% of average salary).
Is Underwriter Business Banking a well paid job?
Yes, our data shows that Underwriter Business Banking 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 Underwriter Business Banking?
High salary for Underwriter Business Banking would be somewhere between 393,006 QAR and 518,053 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Business Banking in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 357,278 QAR
Estimated Monthly Salary: 29,773 QAR
Estimated Weekly Salary: 6,871 QAR per week
Estimated Hourly Salary: 172 QAR per hour
By working as Underwriter Business Banking a person can save up to 4,628 USD per month or 55,538 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Business Banking
Saudi Arabia is 34,913 USDUnited Arab Emirates is 62,045 USD 31%Details on Underwriter Business Banking salary in United Arab Emirates
Bahrain is 22,594 USD
Kuwait is 16,956 USD
Iran is 9,981 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 Qatar
(2,939,572 QAR per year, pre-tax.)
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(2,450,940 QAR per year, pre-tax.)
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5. Neurosurgeon
(2,287,404 QAR per year, pre-tax.)
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7. Urologist
(2,240,458 QAR per year, pre-tax.)
(2,237,140 QAR per year, pre-tax.)
9. Oncologist
(2,234,247 QAR per year, pre-tax.)
(2,233,539 QAR per year, pre-tax.)
Data as of 2025Random salary:
Postman (273,568 QAR per year, pre-tax.)
Passport specialist (282,788 QAR per year, pre-tax.)
Community health coordinator (273,167 QAR per year, pre-tax.)
Hvac sales engineer (346,895 QAR per year, pre-tax.)
Rfic design engineer (438,820 QAR per year, pre-tax.)
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