Home > Salary > South Africa > Regional Underwriting Manager
A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Estimated Yearly Salary: 347,146 ZAR
Estimated Monthly Salary: 28,929 ZAR
Estimated Weekly Salary: 6,676 ZAR per week
Estimated Hourly Salary: 167 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 27,960 ZAR
Estimated Weekly Salary: 6,452 ZAR per week
Estimated Hourly Salary: 161 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 17,345 USD
Estimated Monthly Salary: 1,445 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 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: 347,146 ZAR
Estimated Monthly Salary: 28,929 ZAR
Estimated Weekly Salary: 6,676 ZAR per week
Estimated Hourly Salary: 167 ZAR per hour
By working as Regional Underwriting Manager a person can save up to 1,174 USD per month or 14,091 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 Regional Underwriting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Regional Underwriting Manager salary in South Africa
Average Yearly Salary of Regional Underwriting Manager in South Africa is approximately 347,146 ZAR (17,345 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 Regional Underwriting Manager do?
A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Skills: Regional Underwriting Manager, Insurance, Risk Assessment, Underwriting Guidelines, Team Management, Communication Skills
Job industry: Insurance
Job industry: Insurance
How much does Regional Underwriting Manager make?
Salary details
How much does Regional Underwriting Manager make?Estimated Yearly Salary: 347,146 ZAR
Estimated Monthly Salary: 28,929 ZAR
Estimated Weekly Salary: 6,676 ZAR per week
Estimated Hourly Salary: 167 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 335,520 ZAREstimated Monthly Salary: 27,960 ZAR
Estimated Weekly Salary: 6,452 ZAR per week
Estimated Hourly Salary: 161 ZAR per hour
Last revision of data: 2024-01-03Regional Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,345 USD
Estimated Monthly Salary: 1,445 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 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
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 Regional Underwriting Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Regional Underwriting Manager in South Africa earns on average:
2.73 times the average salary (or 273% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Regional Underwriting Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Regional Underwriting Manager in South Africa earns on average:
2.73 times the average salary (or 273% of average salary).
Is Regional Underwriting Manager a well paid job?
Yes, our data show that Regional Underwriting Manager 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 Regional Underwriting Manager?
High salary for Regional Underwriting Manager would be somewhere between 381,861 ZAR and 503,362 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Regional Underwriting Manager 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: 347,146 ZAR
Estimated Monthly Salary: 28,929 ZAR
Estimated Weekly Salary: 6,676 ZAR per week
Estimated Hourly Salary: 167 ZAR per hour
By working as Regional Underwriting Manager a person can save up to 1,174 USD per month or 14,091 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 Regional Underwriting Manager
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
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Data as of 2025Random salary:
Foreign language literature teacher postsecondary (107,694 ZAR per year, pre-tax.)
Self storage manager (57,214 ZAR per year, pre-tax.)
Is security engineer (255,719 ZAR per year, pre-tax.)
Developmental psychologist (151,073 ZAR per year, pre-tax.)
Certified tumor registrar (128,874 ZAR per year, pre-tax.)
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The salary figures on this website are meant for informational purposes exclusively. We collect salary data from multiple sources, but cannot guarantee absolute accuracy. Users should independently confirm salaries before making career commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the validity of the provided salary data. By accessing this site, you acknowledge that salary data is subject to updates.