A person working as a Underwriter in SaudiArabia will on average earn $33593 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $33,593.00 |
| Weekly salary | $646.02 |
| Daily salary | $92.04 |
| Hourly salary | $11.50 |
This means underwriter salary is above average!
Job Industry: insurance
Description: An underwriter is a professional responsible for assessing and evaluating risks associated with insurance policies, loans, or investments. They analyze and review various factors such as financial statements, credit history, property appraisals, and market trends to determine the level of risk involved. Underwriters use this information to decide whether to approve or reject applications for insurance coverage or loans, and also to set appropriate terms and conditions. They play a crucial role in ensuring that businesses and individuals receive fair and accurate coverage or financing based on their risk profile. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for underwriters to make informed decisions. The occupation requires effective communication and negotiation skills to work with clients, agents, and other professionals in the industry.
Tagged with: underwriter, risk assessment, insurance, loans, investments, financial analysis