Home > Salary > Sri Lanka > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 3,785,630 LKR
Estimated Monthly Salary: 315,469 LKR
Estimated Weekly Salary: 72,801 LKR per week
Estimated Hourly Salary: 1,820 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 305,909 LKR
Estimated Weekly Salary: 70,594 LKR per week
Estimated Hourly Salary: 1,765 LKR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 10,982 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 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: 3,785,630 LKR
Estimated Monthly Salary: 315,469 LKR
Estimated Weekly Salary: 72,801 LKR per week
Estimated Hourly Salary: 1,820 LKR per hour
By working as Manager Underwriting a person can save up to 691 USD per month or 8,289 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Sri Lanka
Average Yearly Salary of Manager Underwriting in Sri Lanka is approximately 3,785,630 LKR (10,982 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 3,785,630 LKR
Estimated Monthly Salary: 315,469 LKR
Estimated Weekly Salary: 72,801 LKR per week
Estimated Hourly Salary: 1,820 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,670,913 LKREstimated Monthly Salary: 305,909 LKR
Estimated Weekly Salary: 70,594 LKR per week
Estimated Hourly Salary: 1,765 LKR per hour
Last revision of data: 2024-01-07Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,982 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Manager Underwriting in Sri Lanka earns on average:
2.12 times the average salary (or 212% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Manager Underwriting in Sri Lanka earns on average:
2.12 times the average salary (or 212% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting 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 Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 4,164,193 LKR and 5,489,164 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,785,630 LKR
Estimated Monthly Salary: 315,469 LKR
Estimated Weekly Salary: 72,801 LKR per week
Estimated Hourly Salary: 1,820 LKR per hour
By working as Manager Underwriting a person can save up to 691 USD per month or 8,289 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Underwriting
India is 43,542 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Maintenance repair technician pharmaceutical equipment (1,231,713 LKR per year, pre-tax.)
Produce sales manager (3,081,114 LKR per year, pre-tax.)
Jewelry designer (2,100,738 LKR per year, pre-tax.)
Producer-director tvcable broadcast (2,312,755 LKR per year, pre-tax.)
Copywriter (1,514,288 LKR per year, pre-tax.)
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