▼30%
R483,428
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 244k
MEDIAN
ZAR 483k
90%
ZAR 707k
The average salary for a Senior Underwriter is R483,428 in 2025
Base Salary
R244k - R707k
Bonus
R20k - R203k
Profit Sharing
R0 - R97k
Total Pay
R263k - R888k
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What is the Pay by Experience Level for Senior Underwriters?
What Do Senior Underwriters Do?
Find your market worth – how it works:
Common Health Benefits for a Senior Underwriter
Medical
62%
Dental
23%
Vision
23%
None
38%
Gender Breakdown for Senior Underwriters
Female
76.5%
Male
17.6%
Prefer to self-define
5.9%
This data is based on 17 survey responses. Learn more about the gender pay gap.
FAQs About Senior Underwriters
What is the highest pay for Senior Underwriters?
Our data indicates that the highest pay for a Senior Underwriter is ZAR 707k / year
What is the lowest pay for Senior Underwriters?
Our data indicates that the lowest pay for a Senior Underwriter is ZAR 244k / year
How can Senior Underwriters increase their salary?
Increasing your pay as a Senior Underwriter 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 a Senior Underwriter that oversees more junior Senior Underwriters, this experience can increase the likelihood to earn more.