Home > Salary > Vietnam > Underwriter Associate
An underwriter associate is a professional who works in the insurance industry, specifically in the underwriting department. Their primary responsibility is to assess the risk associated with insurance applications and determine the appropriate coverage and premium rates. Underwriter associates review policy applications, analyze data, and evaluate risk factors such as medical history, financial status, and previous claims. They collaborate with underwriters to make informed decisions regarding acceptance or rejection of insurance applications. Additionally, they may assist in preparing reports, maintaining records, and providing customer service.
Estimated Yearly Salary: 84,720,036 VND
Estimated Monthly Salary: 7,060,003 VND
Estimated Weekly Salary: 1,629,231 VND per week
Estimated Hourly Salary: 40,731 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,817,003 VND
Estimated Weekly Salary: 1,573,154 VND per week
Estimated Hourly Salary: 39,329 VND per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 3,345 USD
Estimated Monthly Salary: 279 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 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: 84,720,036 VND
Estimated Monthly Salary: 7,060,003 VND
Estimated Weekly Salary: 1,629,231 VND per week
Estimated Hourly Salary: 40,731 VND per hour
By working as Underwriter Associate a person can save up to 118 USD per month or 1,420 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 Vietnam, see costs of living in Vietnam.
Estimated Yearly Salary for Underwriter Associate
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Associate salary in Vietnam
Average Yearly Salary of Underwriter Associate in Vietnam is approximately 84,720,036 VND (3,345 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 Associate do?
An underwriter associate is a professional who works in the insurance industry, specifically in the underwriting department. Their primary responsibility is to assess the risk associated with insurance applications and determine the appropriate coverage and premium rates. Underwriter associates review policy applications, analyze data, and evaluate risk factors such as medical history, financial status, and previous claims. They collaborate with underwriters to make informed decisions regarding acceptance or rejection of insurance applications. Additionally, they may assist in preparing reports, maintaining records, and providing customer service.
Skills: underwriting, risk assessment, insurance industry, policy analysis, data analysis, customer service
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Associate make?
Salary details
How much does Underwriter Associate make?Estimated Yearly Salary: 84,720,036 VND
Estimated Monthly Salary: 7,060,003 VND
Estimated Weekly Salary: 1,629,231 VND per week
Estimated Hourly Salary: 40,731 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,804,030 VNDEstimated Monthly Salary: 6,817,003 VND
Estimated Weekly Salary: 1,573,154 VND per week
Estimated Hourly Salary: 39,329 VND per hour
Last revision of data: 2024-01-09Underwriter Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,345 USD
Estimated Monthly Salary: 279 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 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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Country:
Salary comparison to National average
Vietnam, located in Southeast Asia, is a vibrant and culturally rich country. With a population of approximately 97 million people, it is the 15th most populous country in the world. Covering an area of around 331,212 square kilometers, Vietnam is roughly the size of Germany.
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Associate job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriter Associate in Vietnam earns on average:
0.91 times the average salary (or 91% of average salary).
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Associate job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriter Associate in Vietnam earns on average:
0.91 times the average salary (or 91% of average salary).
Is Underwriter Associate a well paid job?
Yes, our data show that Underwriter Associate 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 Associate?
High salary for Underwriter Associate would be somewhere between 93,192,040 VND and 122,844,052 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Associate in Vietnam?
Living in Vietnam the approximate monthly expenses are: 160 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: 84,720,036 VND
Estimated Monthly Salary: 7,060,003 VND
Estimated Weekly Salary: 1,629,231 VND per week
Estimated Hourly Salary: 40,731 VND per hour
By working as Underwriter Associate a person can save up to 118 USD per month or 1,420 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 Vietnam, see costs of living in Vietnam.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Laos, Cambodia. 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 Associate
China is 10,710 USD
Cambodia is 1,419 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 Vietnam
(1,060,162,317 VND per year, pre-tax.)
2. Cardiologist
(882,505,502 VND per year, pre-tax.)
(848,402,543 VND per year, pre-tax.)
4. Neurosurgeon
(826,108,653 VND per year, pre-tax.)
(824,710,642 VND per year, pre-tax.)
6. Urologist
(807,448,368 VND per year, pre-tax.)
(806,831,947 VND per year, pre-tax.)
(806,462,612 VND per year, pre-tax.)
9. Oncologist
(802,962,540 VND per year, pre-tax.)
10. Plastic surgeon
(802,935,962 VND per year, pre-tax.)
Data as of 2025Random salary:
Elevator engineer (131,558,935 VND per year, pre-tax.)
Web content specialist (79,086,048 VND per year, pre-tax.)
Weatherman (105,383,402 VND per year, pre-tax.)
Graphic supervisor (71,541,323 VND per year, pre-tax.)
Qa associate director (191,704,766 VND per year, pre-tax.)
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All salary figures on optisalary.com are for reference use only. We gather data from various trusted databases, yet cannot guarantee complete precision. Before making career decisions, users should cross-check with additional authoritative sources. Salaries change due to several influences, including economic conditions, job market trends, and geographic location. We disclaim any liability for misrepresentations in the salary estimates provided here. Your engagement with optisalary.com indicates agreement of this policy.