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Underwriter salary in Turkey

Average Yearly Salary of Underwriter in Turkey is approximately 245,617 TRY (12,904 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 do?

occupation personasAn underwriter is a professional responsible for assessing and evaluating risks associated with insurance policies, loans, or investments. They analyze and review various factors such as financial statements, credit history, property appraisals, and market trends to determine the level of risk involved. Underwriters use this information to decide whether to approve or reject applications for insurance coverage or loans, and also to set appropriate terms and conditions. They play a crucial role in ensuring that businesses and individuals receive fair and accurate coverage or financing based on their risk profile. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for underwriters to make informed decisions. The occupation requires effective communication and negotiation skills to work with clients, agents, and other professionals in the industry.

Skills: underwriter, risk assessment, insurance, loans, investments, financial analysis
Job industry: Insurance


How much does Underwriter make?

Salary details
How much does Underwriter make?
Estimated Yearly Salary: 245,617 TRY
Estimated Monthly Salary: 20,468 TRY
Estimated Weekly Salary: 4,723 TRY per week
Estimated Hourly Salary: 118 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 236,873 TRY
Estimated Monthly Salary: 19,739 TRY
Estimated Weekly Salary: 4,555 TRY per week
Estimated Hourly Salary: 114 TRY per hour
Last revision of data: 2024-01-07



Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 12,904 USD
Estimated Monthly Salary: 1,075 USD
Estimated Weekly Salary: 248 USD per week
Estimated Hourly Salary: 6 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.

Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter job salary compared to average salary in Turkey.
Comparison shows that a person working as Underwriter in Turkey earns on average:
1.34 times the average salary (or 134% of average salary).

Is Underwriter a well paid job?

Yes, our data shows that Underwriter 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 Underwriter?

High salary for Underwriter would be somewhere between 270,179 TRY and 356,145 TRY. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter in Turkey?

Living in Turkey the approximate monthly expenses are: 424 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: 245,617 TRY
Estimated Monthly Salary: 20,468 TRY
Estimated Weekly Salary: 4,723 TRY per week
Estimated Hourly Salary: 118 TRY per hour
By working as Underwriter a person can save up to 652 USD per month or 7,821 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 Turkey, see costs of living in Turkey.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria..
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

Greece is 26,572 USDup arrow 106%
Details on Underwriter salary in Greece
Iran is 9,596 USDdown arrow 26%
Details on Underwriter salary in Iran
Iraq is 7,299 USDdown arrow 43%
Details on Underwriter salary in Iraq
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Turkey

(2,099,459 TRY per year, pre-tax.)
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)

Data as of 2025

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Please note:
The salary figures presented here are meant for reference purposes only.
The salary estimates on this website are meant for informational use only. We compile salary data from multiple providers, but cannot guarantee absolute accuracy. Users should independently verify salaries before making career decisions. Salary variations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the validity of the listed salary data. By using this site, you agree that salary data is subject to updates.
This website aggregates salary data for informational purposes only. We strive to provide accurate figures, but do not guarantee their precision. Users are encouraged to check alternative sources before making employment choices. Salary ranges can vary due to geographic location, experience, and industry trends. We accept no responsibility for inconsistencies in the salary data provided. Your continued use with this site confirms understanding of this disclaimer.