Home > Salary > Turkey > Underwriting Team Lead
An underwriting team lead is responsible for overseeing and managing a team of underwriters in an insurance company or financial institution. They play a crucial role in the underwriting process by assessing risks, evaluating applications, and determining appropriate coverage and premiums. The team lead ensures that underwriters adhere to company policies and guidelines, provides guidance and support to team members, and resolves complex underwriting issues. They also collaborate with other departments such as sales, claims, and compliance to ensure smooth operations and customer satisfaction. Strong analytical skills, attention to detail, and excellent decision-making abilities are essential for this role. Effective communication and leadership skills are also necessary to motivate and guide the team towards achieving organizational goals.
Estimated Yearly Salary: 347,925 TRY
Estimated Monthly Salary: 28,994 TRY
Estimated Weekly Salary: 6,691 TRY per week
Estimated Hourly Salary: 167 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 27,963 TRY
Estimated Weekly Salary: 6,453 TRY per week
Estimated Hourly Salary: 161 TRY per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 18,324 USD
Estimated Monthly Salary: 1,527 USD
Estimated Weekly Salary: 352 USD per week
Estimated Hourly Salary: 9 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 347,925 TRY
Estimated Monthly Salary: 28,994 TRY
Estimated Weekly Salary: 6,691 TRY per week
Estimated Hourly Salary: 167 TRY per hour
By working as Underwriting Team Lead a person can save up to 1,103 USD per month or 13,241 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.
Estimated Yearly Salary for Underwriting Team Lead
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Team Lead salary in Turkey
Average Yearly Salary of Underwriting Team Lead in Turkey is approximately 347,925 TRY (18,324 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 Underwriting Team Lead do?
An underwriting team lead is responsible for overseeing and managing a team of underwriters in an insurance company or financial institution. They play a crucial role in the underwriting process by assessing risks, evaluating applications, and determining appropriate coverage and premiums. The team lead ensures that underwriters adhere to company policies and guidelines, provides guidance and support to team members, and resolves complex underwriting issues. They also collaborate with other departments such as sales, claims, and compliance to ensure smooth operations and customer satisfaction. Strong analytical skills, attention to detail, and excellent decision-making abilities are essential for this role. Effective communication and leadership skills are also necessary to motivate and guide the team towards achieving organizational goals.
Skills: Underwriting, Team Lead, Risk Assessment, Insurance, Financial Institution, Leadership
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Team Lead make?
Salary details
How much does Underwriting Team Lead make?Estimated Yearly Salary: 347,925 TRY
Estimated Monthly Salary: 28,994 TRY
Estimated Weekly Salary: 6,691 TRY per week
Estimated Hourly Salary: 167 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 335,559 TRYEstimated Monthly Salary: 27,963 TRY
Estimated Weekly Salary: 6,453 TRY per week
Estimated Hourly Salary: 161 TRY per hour
Last revision of data: 2024-01-09Underwriting Team Lead estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,324 USD
Estimated Monthly Salary: 1,527 USD
Estimated Weekly Salary: 352 USD per week
Estimated Hourly Salary: 9 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
Compare salary to other countries
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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 Underwriting Team Lead job salary compared to average salary in Turkey.
Comparison shows that a person working as Underwriting Team Lead in Turkey earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Team Lead job salary compared to average salary in Turkey.
Comparison shows that a person working as Underwriting Team Lead in Turkey earns on average:
1.9 times the average salary (or 190% of average salary).
Is Underwriting Team Lead a well paid job?
Yes, our data shows that Underwriting Team Lead 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 Underwriting Team Lead?
High salary for Underwriting Team Lead would be somewhere between 382,718 TRY and 504,491 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Team Lead 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: 347,925 TRY
Estimated Monthly Salary: 28,994 TRY
Estimated Weekly Salary: 6,691 TRY per week
Estimated Hourly Salary: 167 TRY per hour
By working as Underwriting Team Lead a person can save up to 1,103 USD per month or 13,241 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 Underwriting Team Lead
Greece is 37,392 USD
Iran is 13,648 USD
Iraq is 10,381 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 Turkey
(2,099,459 TRY per year, pre-tax.)
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5. Neurosurgeon
(1,632,934 TRY per year, pre-tax.)
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7. Oncologist
(1,595,801 TRY per year, pre-tax.)
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Data as of 2025Random salary:
Laboratory analyst coal water soil testing (144,742 TRY per year, pre-tax.)
C++ software engineer (257,063 TRY per year, pre-tax.)
Principal investigator clinical research (375,837 TRY per year, pre-tax.)
3d engineer (206,942 TRY per year, pre-tax.)
Human resources (hr), manager (279,186 TRY per year, pre-tax.)
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