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An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Estimated Yearly Salary: 123,582 SAR
Estimated Monthly Salary: 10,299 SAR
Estimated Weekly Salary: 2,377 SAR per week
Estimated Hourly Salary: 59 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,924 SAR
Estimated Weekly Salary: 2,290 SAR per week
Estimated Hourly Salary: 57 SAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 30,759 USD
Estimated Monthly Salary: 2,563 USD
Estimated Weekly Salary: 592 USD per week
Estimated Hourly Salary: 15 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: 123,582 SAR
Estimated Monthly Salary: 10,299 SAR
Estimated Weekly Salary: 2,377 SAR per week
Estimated Hourly Salary: 59 SAR per hour
By working as Underwriting Account Manager a person can save up to 1,460 USD per month or 17,516 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Underwriting Account Manager
United Arab Emirates is 54,733 USD 78%
Details on Underwriting Account Manager salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in Saudi Arabia
Average Yearly Salary of Underwriting Account Manager in Saudi Arabia is approximately 123,582 SAR (30,759 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 Account Manager do?
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Account Manager make?
Salary details
How much does Underwriting Account Manager make?Estimated Yearly Salary: 123,582 SAR
Estimated Monthly Salary: 10,299 SAR
Estimated Weekly Salary: 2,377 SAR per week
Estimated Hourly Salary: 59 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 119,088 SAREstimated Monthly Salary: 9,924 SAR
Estimated Weekly Salary: 2,290 SAR per week
Estimated Hourly Salary: 57 SAR per hour
Last revision of data: 2024-01-05Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 30,759 USD
Estimated Monthly Salary: 2,563 USD
Estimated Weekly Salary: 592 USD per week
Estimated Hourly Salary: 15 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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Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Account Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Underwriting Account Manager in Saudi Arabia earns on average:
1.19 times the average salary (or 119% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Account Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Underwriting Account Manager in Saudi Arabia earns on average:
1.19 times the average salary (or 119% of average salary).
Is Underwriting Account Manager a well paid job?
Yes, our data show that Underwriting Account Manager 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 Account Manager?
High salary for Underwriting Account Manager would be somewhere between 135,940 SAR and 179,194 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account Manager in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 123,582 SAR
Estimated Monthly Salary: 10,299 SAR
Estimated Weekly Salary: 2,377 SAR per week
Estimated Hourly Salary: 59 SAR per hour
By working as Underwriting Account Manager a person can save up to 1,460 USD per month or 17,516 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Account Manager
Jordan is 10,577 USD
Iraq is 6,722 USD
Kuwait is 14,983 USD
Qatar is 78,524 USD
Bahrain is 19,981 USDUnited Arab Emirates is 54,733 USD 78%Details on Underwriting Account Manager salary in United Arab Emirates
Oman is 10,147 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
University archivist (87,945 SAR per year, pre-tax.)
Highway maintenance worker (68,284 SAR per year, pre-tax.)
Junior associate tax (80,448 SAR per year, pre-tax.)
Public information officer (94,163 SAR per year, pre-tax.)
Veterinary pathologist (215,201 SAR per year, pre-tax.)
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