Home > Salary > South Africa > Senior Underwriting Assistant
A senior underwriting assistant is responsible for providing support to the underwriting team in an insurance company or financial institution. They assist in the evaluation of insurance applications, analyzing risks, and determining appropriate premiums and coverage options. Their duties include reviewing and processing policy documents, verifying accuracy of information, and conducting research to gather relevant data for risk assessment. They also collaborate with brokers, agents, and clients to address inquiries and resolve issues related to policies and claims. Additionally, senior underwriting assistants may supervise and train junior staff members, as well as assist in developing and implementing underwriting guidelines and procedures.
Estimated Yearly Salary: 155,010 ZAR
Estimated Monthly Salary: 12,918 ZAR
Estimated Weekly Salary: 2,981 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,440 ZAR
Estimated Weekly Salary: 2,871 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,717 USD
Estimated Monthly Salary: 643 USD
Estimated Weekly Salary: 148 USD per week
Estimated Hourly Salary: 4 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.
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Estimated Yearly Salary: 155,010 ZAR
Estimated Monthly Salary: 12,918 ZAR
Estimated Weekly Salary: 2,981 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
By working as Senior Underwriting Assistant a person can save up to 372 USD per month or 4,463 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 Senior Underwriting Assistant
Last revision of data: 2025-01-04
Data as of 2025
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Senior Underwriting Assistant salary in South Africa
Average Yearly Salary of Senior Underwriting Assistant in South Africa is approximately 155,010 ZAR (7,717 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 Senior Underwriting Assistant do?
A senior underwriting assistant is responsible for providing support to the underwriting team in an insurance company or financial institution. They assist in the evaluation of insurance applications, analyzing risks, and determining appropriate premiums and coverage options. Their duties include reviewing and processing policy documents, verifying accuracy of information, and conducting research to gather relevant data for risk assessment. They also collaborate with brokers, agents, and clients to address inquiries and resolve issues related to policies and claims. Additionally, senior underwriting assistants may supervise and train junior staff members, as well as assist in developing and implementing underwriting guidelines and procedures.
Skills: senior underwriting assistant, insurance, risk assessment, policy processing, client service, underwriting guidelines
Job industry: Insurance
Job industry: Insurance
How much does Senior Underwriting Assistant make?
Salary details
How much does Senior Underwriting Assistant make?Estimated Yearly Salary: 155,010 ZAR
Estimated Monthly Salary: 12,918 ZAR
Estimated Weekly Salary: 2,981 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 149,280 ZAREstimated Monthly Salary: 12,440 ZAR
Estimated Weekly Salary: 2,871 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-03Senior Underwriting Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,717 USD
Estimated Monthly Salary: 643 USD
Estimated Weekly Salary: 148 USD per week
Estimated Hourly Salary: 4 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
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 Senior Underwriting Assistant job salary compared to average salary in South Africa.
Comparison shows that a person working as Senior Underwriting Assistant in South Africa earns on average:
1.22 times the average salary (or 122% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Senior Underwriting Assistant job salary compared to average salary in South Africa.
Comparison shows that a person working as Senior Underwriting Assistant in South Africa earns on average:
1.22 times the average salary (or 122% of average salary).
Is Senior Underwriting Assistant a well paid job?
Yes, our data shows that Senior Underwriting Assistant 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 Senior Underwriting Assistant?
High salary for Senior Underwriting Assistant would be somewhere between 170,511 ZAR and 224,765 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Underwriting Assistant 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: 155,010 ZAR
Estimated Monthly Salary: 12,918 ZAR
Estimated Weekly Salary: 2,981 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
By working as Senior Underwriting Assistant a person can save up to 372 USD per month or 4,463 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 Senior Underwriting Assistant
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:
Retail sales representative (72,142 ZAR per year, pre-tax.)
Technical services librarian (119,334 ZAR per year, pre-tax.)
Enrollment manager (156,680 ZAR per year, pre-tax.)
Hospital staff pharmacist (250,110 ZAR per year, pre-tax.)
Certified nutritionist (96,490 ZAR per year, pre-tax.)
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