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Insurance Underwriter Salary by Country (2026)
Mid-career median salaries for insurance underwriters in 62 countries, ranked by USD equivalent. Click any country for the full breakdown — experience levels, taxes, demand, and career guidance.
Risk evaluationPolicy pricingData analysisDecision-makingIndustry regulations
| # | Country | Median (local) | Median (USD) |
|---|---|---|---|
| 1 | Singapore | SGD 170,000 | $131,524 |
| 2 | Ireland | €105,000 | $119,952 |
| 3 | Qatar | QAR 417,000 | $114,560 |
| 4 | Norway | NOK 961,000 | $97,465 |
| 5 | Switzerland | CHF 75,200 | $93,481 |
| 6 | Netherlands | €75,100 | $85,794 |
| 7 | United States | $85,500 | $85,500 |
| 8 | Denmark | DKK 539,000 | $82,460 |
| 9 | United Arab Emirates | AED 296,000 | $80,599 |
| 10 | Hong Kong SAR, China | HK$607,000 | $77,394 |
| 11 | Austria | €66,900 | $76,426 |
| 12 | Belgium | €66,600 | $76,084 |
| 13 | Germany | €66,600 | $76,084 |
| 14 | Sweden | SEK 725,000 | $74,811 |
| 15 | Australia | A$108,000 | $74,638 |
| 16 | Saudi Arabia | SAR 279,000 | $74,400 |
| 17 | Finland | €61,000 | $69,686 |
| 18 | Canada | CA$98,000 | $69,071 |
| 19 | France | €59,000 | $67,401 |
| 20 | United Kingdom | £50,200 | $66,954 |
| 21 | Italy | €58,600 | $66,944 |
| 22 | Korea, Rep. | ₩102,000,000 | $66,066 |
| 23 | Spain | €55,800 | $63,746 |
| 24 | Czechia | CZK 1,340,000 | $63,227 |
| 25 | Israel | ₪189,000 | $63,025 |
| 26 | New Zealand | NZ$108,000 | $61,505 |
| 27 | Kuwait | KWD 18,300 | $59,073 |
| 28 | Japan | ¥9,490,000 | $58,822 |
| 29 | Portugal | €51,200 | $58,491 |
| 30 | Poland | PLN 218,000 | $58,083 |
| 31 | Romania | RON 258,000 | $56,253 |
| 32 | Hungary | HUF 17,300,000 | $55,760 |
| 33 | Turkiye | TRY 2,500,000 | $53,503 |
| 34 | Greece | €45,800 | $52,322 |
| 35 | Malaysia | MYR 194,000 | $47,558 |
| 36 | Chile | CLP 41,700,000 | $45,080 |
| 37 | Argentina | ARS 59,400,000 | $39,848 |
| 38 | China | CN¥249,000 | $36,638 |
| 39 | Mexico | MX$626,000 | $35,800 |
| 40 | Thailand | THB 1,140,000 | $34,312 |
| 41 | Colombia | COP 109,000,000 | $32,164 |
| 42 | Brazil | R$167,000 | $32,098 |
| 43 | Egypt, Arab Rep. | EGP 1,410,000 | $28,714 |
| 44 | Peru | PEN 93,300 | $27,342 |
| 45 | Indonesia | IDR 466,000,000 | $25,904 |
| 46 | Viet Nam | ₫677,000,000 | $25,832 |
| 47 | Sri Lanka | LKR 8,400,000 | $25,012 |
| 48 | South Africa | ZAR 404,000 | $24,825 |
| 49 | Philippines | ₱1,270,000 | $20,634 |
| 50 | India | ₹1,900,000 | $19,919 |
| 51 | Jordan | JOD 13,800 | $19,464 |
| 52 | Morocco | MAD 178,000 | $18,983 |
| 53 | Bangladesh | BDT 2,230,000 | $18,090 |
| 54 | Nigeria | NGN 23,900,000 | $17,433 |
| 55 | Ghana | GHS 182,000 | $16,037 |
| 56 | Kenya | KES 1,840,000 | $14,236 |
| 57 | Pakistan | PKR 3,800,000 | $13,674 |
| 58 | Nepal | NPR 1,980,000 | $12,973 |
| 59 | Tanzania | TZS 28,100,000 | $10,719 |
| 60 | Rwanda | RWF 14,500,000 | $9,872 |
| 61 | Ethiopia | ETB 1,470,000 | $9,218 |
| 62 | Uganda | UGX 33,400,000 | $9,164 |