Home > Salary > Vietnam > Underwriter Specialist
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Estimated Yearly Salary: 185,777,298 VND
Estimated Monthly Salary: 15,481,442 VND
Estimated Weekly Salary: 3,572,640 VND per week
Estimated Hourly Salary: 89,316 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,926,158 VND
Estimated Weekly Salary: 3,444,498 VND per week
Estimated Hourly Salary: 86,112 VND per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 7,306 USD
Estimated Monthly Salary: 609 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 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: 185,777,298 VND
Estimated Monthly Salary: 15,481,442 VND
Estimated Weekly Salary: 3,572,640 VND per week
Estimated Hourly Salary: 89,316 VND per hour
By working as Underwriter Specialist a person can save up to 448 USD per month or 5,381 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 Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Loan underwriter mortgage (132,672,275 VND per year, pre-tax.)
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Farm manager (72,361,515 VND per year, pre-tax.)
Jewelry appraiser (56,736,841 VND per year, pre-tax.)
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Underwriter Specialist salary in Vietnam
Average Yearly Salary of Underwriter Specialist in Vietnam is approximately 185,777,298 VND (7,306 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 Specialist do?
An underwriter specialist is a professional who works in the insurance industry and is responsible for evaluating and assessing insurance applications. Their main role is to determine the level of risk associated with insuring a person or property and decide whether to approve or deny the application. Underwriter specialists carefully review all relevant information, such as medical records, financial statements, and policy details, to make informed decisions. They also calculate premiums and establish coverage limits based on their analysis. This occupation requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. Effective communication skills are also essential as underwriter specialists often interact with clients, agents, and other professionals in the insurance industry.
Skills: underwriter specialist, insurance industry, risk assessment, policy evaluation, premium calculation, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Specialist make?
Salary details
How much does Underwriter Specialist make?Estimated Yearly Salary: 185,777,298 VND
Estimated Monthly Salary: 15,481,442 VND
Estimated Weekly Salary: 3,572,640 VND per week
Estimated Hourly Salary: 89,316 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 179,113,895 VNDEstimated Monthly Salary: 14,926,158 VND
Estimated Weekly Salary: 3,444,498 VND per week
Estimated Hourly Salary: 86,112 VND per hour
Last revision of data: 2024-01-02Underwriter Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,306 USD
Estimated Monthly Salary: 609 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 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 Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriter Specialist in Vietnam earns on average:
2 times the average salary (or 200% 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 Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriter Specialist in Vietnam earns on average:
2 times the average salary (or 200% of average salary).
Is Underwriter Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Underwriter Specialist?
High salary for Underwriter Specialist would be somewhere between 204,355,028 VND and 269,377,082 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Specialist 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: 185,777,298 VND
Estimated Monthly Salary: 15,481,442 VND
Estimated Weekly Salary: 3,572,640 VND per week
Estimated Hourly Salary: 89,316 VND per hour
By working as Underwriter Specialist a person can save up to 448 USD per month or 5,381 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 Specialist
China is 23,534 USD
Cambodia is 3,098 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:
Loan underwriter mortgage (132,672,275 VND per year, pre-tax.)
Marketing intern (41,932,360 VND per year, pre-tax.)
Farm manager (72,361,515 VND per year, pre-tax.)
Jewelry appraiser (56,736,841 VND per year, pre-tax.)
Closing coordinator (91,273,676 VND per year, pre-tax.)
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