Home > Salary > South Africa > Assistant Underwriter
An assistant underwriter is a professional who supports the underwriting team in evaluating and assessing insurance applications. They are responsible for gathering and verifying information from clients, brokers, and other sources to determine the level of risk associated with an insurance policy. Assistant underwriters assist in analyzing data, reviewing documents, and performing calculations to determine the appropriate premium rates and coverage limits. They may also assist in preparing quotes, policies, and endorsements for clients. Additionally, they help maintain accurate records and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance policies and procedures are essential for success in this role.
Estimated Yearly Salary: 128,922 ZAR
Estimated Monthly Salary: 10,744 ZAR
Estimated Weekly Salary: 2,479 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,347 ZAR
Estimated Weekly Salary: 2,388 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 6,418 USD
Estimated Monthly Salary: 535 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 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: 128,922 ZAR
Estimated Monthly Salary: 10,744 ZAR
Estimated Weekly Salary: 2,479 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
By working as Assistant Underwriter a person can save up to 264 USD per month or 3,164 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Assistant Underwriter
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Underwriter salary in South Africa
Average Yearly Salary of Assistant Underwriter in South Africa is approximately 128,922 ZAR (6,418 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 Assistant Underwriter do?
An assistant underwriter is a professional who supports the underwriting team in evaluating and assessing insurance applications. They are responsible for gathering and verifying information from clients, brokers, and other sources to determine the level of risk associated with an insurance policy. Assistant underwriters assist in analyzing data, reviewing documents, and performing calculations to determine the appropriate premium rates and coverage limits. They may also assist in preparing quotes, policies, and endorsements for clients. Additionally, they help maintain accurate records and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance policies and procedures are essential for success in this role.
Skills: Assistant underwriter, Insurance industry, Risk assessment, Underwriting process, Data analysis, Compliance.
Job industry: Insurance
Job industry: Insurance
How much does Assistant Underwriter make?
Salary details
How much does Assistant Underwriter make?Estimated Yearly Salary: 128,922 ZAR
Estimated Monthly Salary: 10,744 ZAR
Estimated Weekly Salary: 2,479 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 124,160 ZAREstimated Monthly Salary: 10,347 ZAR
Estimated Weekly Salary: 2,388 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-02Assistant Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,418 USD
Estimated Monthly Salary: 535 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 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
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Underwriter job salary compared to average salary in South Africa.
Comparison shows that a person working as Assistant Underwriter in South Africa earns on average:
1.02 times the average salary (or 102% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Underwriter job salary compared to average salary in South Africa.
Comparison shows that a person working as Assistant Underwriter in South Africa earns on average:
1.02 times the average salary (or 102% of average salary).
Is Assistant Underwriter a well paid job?
Yes, our data show that Assistant Underwriter 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 Assistant Underwriter?
High salary for Assistant Underwriter would be somewhere between 141,814 ZAR and 186,937 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Underwriter in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 128,922 ZAR
Estimated Monthly Salary: 10,744 ZAR
Estimated Weekly Salary: 2,479 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
By working as Assistant Underwriter a person can save up to 264 USD per month or 3,164 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Underwriter
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
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5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
University laboratory supervisor (157,595 ZAR per year, pre-tax.)
Computer and information scientist research (269,280 ZAR per year, pre-tax.)
Aircraft paintshop manager (166,315 ZAR per year, pre-tax.)
Diver (101,297 ZAR per year, pre-tax.)
Media buyer broadcast (104,319 ZAR per year, pre-tax.)
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