Home > Salary > Sri Lanka > Underwriter 1
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Estimated Yearly Salary: 1,864,240 LKR
Estimated Monthly Salary: 155,353 LKR
Estimated Weekly Salary: 35,851 LKR per week
Estimated Hourly Salary: 896 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 150,309 LKR
Estimated Weekly Salary: 34,687 LKR per week
Estimated Hourly Salary: 867 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,369 USD
Estimated Monthly Salary: 447 USD
Estimated Weekly Salary: 103 USD per week
Estimated Hourly Salary: 3 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: 1,864,240 LKR
Estimated Monthly Salary: 155,353 LKR
Estimated Weekly Salary: 35,851 LKR per week
Estimated Hourly Salary: 896 LKR per hour
By working as Underwriter 1 a person can save up to 223 USD per month or 2,676 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 Underwriter 1
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
National service coordinator (977,849 LKR per year, pre-tax.)
Telesales supervisor (1,973,389 LKR per year, pre-tax.)
Food regulatory consultant (3,161,517 LKR per year, pre-tax.)
Senior budget analyst (2,374,016 LKR per year, pre-tax.)
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Underwriter 1 salary in Sri Lanka
Average Yearly Salary of Underwriter 1 in Sri Lanka is approximately 1,864,240 LKR (5,369 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 Underwriter 1 do?
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Skills: Underwriter, Risk assessment, Insurance industry, Financial analysis, Policy evaluation, Premium calculation
Job industry: Finance
Job industry: Finance
How much does Underwriter 1 make?
Salary details
How much does Underwriter 1 make?Estimated Yearly Salary: 1,864,240 LKR
Estimated Monthly Salary: 155,353 LKR
Estimated Weekly Salary: 35,851 LKR per week
Estimated Hourly Salary: 896 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,803,706 LKREstimated Monthly Salary: 150,309 LKR
Estimated Weekly Salary: 34,687 LKR per week
Estimated Hourly Salary: 867 LKR per hour
Last revision of data: 2024-01-03Underwriter 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,369 USD
Estimated Monthly Salary: 447 USD
Estimated Weekly Salary: 103 USD per week
Estimated Hourly Salary: 3 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Underwriter 1 job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Underwriter 1 in Sri Lanka earns on average:
1.04 times the average salary (or 104% 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 Underwriter 1 job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Underwriter 1 in Sri Lanka earns on average:
1.04 times the average salary (or 104% of average salary).
Is Underwriter 1 a well paid job?
Yes, our data show that Underwriter 1 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 Underwriter 1?
High salary for Underwriter 1 would be somewhere between 2,050,664 LKR and 2,703,148 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter 1 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: 1,864,240 LKR
Estimated Monthly Salary: 155,353 LKR
Estimated Weekly Salary: 35,851 LKR per week
Estimated Hourly Salary: 896 LKR per hour
By working as Underwriter 1 a person can save up to 223 USD per month or 2,676 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 Underwriter 1
India is 21,496 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:
National service coordinator (977,849 LKR per year, pre-tax.)
Telesales supervisor (1,973,389 LKR per year, pre-tax.)
Food regulatory consultant (3,161,517 LKR per year, pre-tax.)
Senior budget analyst (2,374,016 LKR per year, pre-tax.)
Sales manager freight forwarding (2,066,191 LKR per year, pre-tax.)
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