Home > Salary > Vietnam > Underwriting Specialist
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Estimated Yearly Salary: 125,966,162 VND
Estimated Monthly Salary: 10,497,180 VND
Estimated Weekly Salary: 2,422,426 VND per week
Estimated Hourly Salary: 60,561 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,134,863 VND
Estimated Weekly Salary: 2,338,815 VND per week
Estimated Hourly Salary: 58,470 VND per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,990 USD
Estimated Monthly Salary: 416 USD
Estimated Weekly Salary: 96 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: 125,966,162 VND
Estimated Monthly Salary: 10,497,180 VND
Estimated Weekly Salary: 2,422,426 VND per week
Estimated Hourly Salary: 60,561 VND per hour
By working as Underwriting Specialist a person can save up to 255 USD per month or 3,065 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 Underwriting Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Specialist salary in Vietnam
Average Yearly Salary of Underwriting Specialist in Vietnam is approximately 125,966,162 VND (4,990 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 Specialist do?
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Skills: underwriting specialist, risk assessment, insurance policies, premium determination, compliance, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Specialist make?
Salary details
How much does Underwriting Specialist make?Estimated Yearly Salary: 125,966,162 VND
Estimated Monthly Salary: 10,497,180 VND
Estimated Weekly Salary: 2,422,426 VND per week
Estimated Hourly Salary: 60,561 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 121,618,360 VNDEstimated Monthly Salary: 10,134,863 VND
Estimated Weekly Salary: 2,338,815 VND per week
Estimated Hourly Salary: 58,470 VND per hour
Last revision of data: 2024-01-02Underwriting Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,990 USD
Estimated Monthly Salary: 416 USD
Estimated Weekly Salary: 96 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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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 Underwriting Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriting Specialist in Vietnam earns on average:
1.35 times the average salary (or 135% 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 Underwriting Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Underwriting Specialist in Vietnam earns on average:
1.35 times the average salary (or 135% of average salary).
Is Underwriting Specialist a well paid job?
Yes, our data shows that Underwriting Specialist 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 Specialist?
High salary for Underwriting Specialist would be somewhere between 138,562,778 VND and 182,650,935 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting 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: 125,966,162 VND
Estimated Monthly Salary: 10,497,180 VND
Estimated Weekly Salary: 2,422,426 VND per week
Estimated Hourly Salary: 60,561 VND per hour
By working as Underwriting Specialist a person can save up to 255 USD per month or 3,065 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 Underwriting Specialist
China is 15,975 USD
Cambodia is 2,108 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:
Ehs engineer (97,028,816 VND per year, pre-tax.)
Vocational education teacher postsecondary (74,822,094 VND per year, pre-tax.)
Field engineer construction (111,667,272 VND per year, pre-tax.)
Compliance manager (155,893,085 VND per year, pre-tax.)
Radiation-protection engineer (117,574,647 VND per year, pre-tax.)
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