Average Insurance Underwriter, Commercial Property Salary in South Africa

R325,962
Avg. Base Salary (ZAR)
10%
ZAR 132k
MEDIAN
ZAR 326k
90%
ZAR 670k

The average salary for an Insurance Underwriter, Commercial Property is R325,962 in 2025

Base Salary
R132k - R670k
Bonus
R3k - R247k
Total Pay
R162k - R670k
Is Average Insurance Underwriter, Commercial Property Salary in South Africa your job title? Find out what you should be paid
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What is the Pay by Experience Level for Insurance Underwriter, Commercial Properties?

What Do Insurance Underwriter, Commercial Properties Do?

Insurance Underwriter, Commercial Property Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.
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FAQs About Insurance Underwriter, Commercial Properties

What is the highest pay for Insurance Underwriter, Commercial Properties?

Our data indicates that the highest pay for an Insurance Underwriter, Commercial Property is ZAR 670k / year

What is the lowest pay for Insurance Underwriter, Commercial Properties?

Our data indicates that the lowest pay for an Insurance Underwriter, Commercial Property is ZAR 132k / year

How can Insurance Underwriter, Commercial Properties increase their salary?

Increasing your pay as an Insurance Underwriter, Commercial Property is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Underwriter, Commercial Property that oversees more junior Insurance Underwriter, Commercial Properties, this experience can increase the likelihood to earn more.