▼29%
R310,385
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 170k
MEDIAN
ZAR 310k
90%
ZAR 593k
The average salary for an Insurance Underwriter, Commercial Property is R310,385 in 2025
Base Salary
R170k - R593k
Bonus
R21k - R39k
Total Pay
R180k - R618k
Is Average Insurance Underwriter, Commercial Property with Insurance Skills Salary in South Africa your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
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.
Find your market worth – how it works:
Common Health Benefits for a Insurance Underwriter, Commercial Property
Medical
45%
Dental
9%
Vision
9%
None
55%
Gender Breakdown for Insurance Underwriter, Commercial Properties
Female
80.0%
Male
20.0%
This data is based on 10 survey responses. Learn more about the gender pay gap.
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 593k / 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 170k / 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.