Home > Salary > Uganda > 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: 8,440,594 UGX
Estimated Monthly Salary: 703,383 UGX
Estimated Weekly Salary: 162,319 UGX per week
Estimated Hourly Salary: 4,058 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 679,536 UGX
Estimated Weekly Salary: 156,816 UGX per week
Estimated Hourly Salary: 3,920 UGX per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,159 USD
Estimated Monthly Salary: 180 USD
Estimated Weekly Salary: 42 USD per week
Estimated Hourly Salary: 1 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: 8,440,594 UGX
Estimated Monthly Salary: 703,383 UGX
Estimated Weekly Salary: 162,319 UGX per week
Estimated Hourly Salary: 4,058 UGX per hour
By working as Underwriting Team Lead a person can save up to 130 USD per month or 1,559 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Underwriting Team Lead
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Medical illustrator (5,023,200 UGX per year, pre-tax.)
Calendar docket clerk legal (3,790,821 UGX per year, pre-tax.)
Recruiter (4,262,544 UGX per year, pre-tax.)
Certified prosthetist (cp) (7,637,643 UGX per year, pre-tax.)
Jewelry store manager (4,794,886 UGX per year, pre-tax.)
Underwriting Team Lead salary in Uganda
Average Yearly Salary of Underwriting Team Lead in Uganda is approximately 8,440,594 UGX (2,159 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: 8,440,594 UGX
Estimated Monthly Salary: 703,383 UGX
Estimated Weekly Salary: 162,319 UGX per week
Estimated Hourly Salary: 4,058 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,154,435 UGXEstimated Monthly Salary: 679,536 UGX
Estimated Weekly Salary: 156,816 UGX per week
Estimated Hourly Salary: 3,920 UGX per hour
Last revision of data: 2024-01-03Underwriting Team Lead estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,159 USD
Estimated Monthly Salary: 180 USD
Estimated Weekly Salary: 42 USD per week
Estimated Hourly Salary: 1 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Team Lead job salary compared to average salary in Uganda.
Comparison shows that a person working as Underwriting Team Lead in Uganda earns on average:
1.88 times the average salary (or 188% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Team Lead job salary compared to average salary in Uganda.
Comparison shows that a person working as Underwriting Team Lead in Uganda earns on average:
1.88 times the average salary (or 188% 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 9,284,653 UGX and 12,238,861 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Team Lead in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 8,440,594 UGX
Estimated Monthly Salary: 703,383 UGX
Estimated Weekly Salary: 162,319 UGX per week
Estimated Hourly Salary: 4,058 UGX per hour
By working as Underwriting Team Lead a person can save up to 130 USD per month or 1,559 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. 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
Kenya is 10,343 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Medical illustrator (5,023,200 UGX per year, pre-tax.)
Calendar docket clerk legal (3,790,821 UGX per year, pre-tax.)
Recruiter (4,262,544 UGX per year, pre-tax.)
Certified prosthetist (cp) (7,637,643 UGX per year, pre-tax.)
Jewelry store manager (4,794,886 UGX per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=uganda&job=underwriting-team-lead'><img src='https://optisalary.com/wp-content/graphs/salary/underwriting-team-lead-salary-in-uganda-2025.jpg' alt='underwriting team lead salary in uganda 2025' title='underwriting team lead salary in uganda 2025' /></a>
Please note:Salary information displayed on this site is informational exclusively.
This website displays salary data exclusively for reference use. While we strive for correctness, we do not ensure the precision of all figures. Users should double-check salary details with reliable sources before making financial decisions. Salary estimates can fluctuate based on multiple elements, such as company size, negotiation tactics, and industry demand. We assume no liability for misinterpretations in the pay figures provided. By accessing this website, you accept that salary data is not absolute.
Salary details presented on optisalary.com are intended for informational use exclusively. Our data comes from various sources and may not always be accurate. Users must verify salary information independently before making financial commitments. The figures shown here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We cannot warrant that the data provided is error-free. By accessing optisalary.com, you agree that salary information is offered 'as is' and without warranties.