Underwriting Manager Salary in Ukraine

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Last Updated: July 11, 2026

UAH 808,129 USD

per year
Hourly Rate UAH 388.52
Bonus UAH 61,741

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Entry Level UAH 554K
Average UAH 808K
Senior Level UAH 987K

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The average pay for a Underwriting Manager is UAH 808,129, which is UAH 388.52 an hour in Ukraine. The average salary range for a Underwriting Manager is between UAH 554,376 and UAH 986,725. On average, a Bachelor's is the highest level of education for a Underwriting Manager.

This compensation analysis comes from aggregated salary survey data for Ukraine. ERI's compensation information is based on employer-reported data collected from ERI's salary surveys, customer HRIS data, data from Proxies/10Ks and Forms 990, proprietary databases, and purchased survey data. Cost-of-labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc. For more information, see ERI's methodology.

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Salary Potential for Underwriting Manager

Explore the estimated salary growth for Underwriting Manager in Ukraine for up to 5 years. The estimated salary of Underwriting Manager in 1 year will be UAH 883,689, and in 5 years, will be UAH 1,263,498.

Number of Years

2 Years

Estimated Salary

UAH 966,314 USD

Percentage Growth

0%

Growth Trajectory

The estimated salary growth for Underwriting Manager in [# of years] is [salary], which is [average growth %] average growth. This information is based on ERI's compensation database.

What Does an Underwriting Manager Do?

Manages and oversees activities of underwriters in reviewing applications for insurance to evaluate degree of risk involved. Approves or rejects loans. Denies risks that are too excessive to obligate company in accordance with company's underwriting policies.

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Education, Skills, and Certifications for Underwriting Managers

Gain access to salary differentials for education and skills in ERI's Salary Assessor

Education

Below is the average education level for an Underwriting Manager. About 71% have a Bachelor's degree, 17% have a Master's degree, and 12% have a Associate degree.

  • Bachelor's Degree 71%
  • Master's Degree 17%
  • Associate Degree 12%
  • Doctorate Degree 0%
  • High School Diploma 0%
  • Less Than HS 0%

Top Skills

Below are top skills for an Underwriting Manager. 75% of Underwriting Managers have a skill in Oversees activities. The top 3 most popular skills for Underwriting Managers are Oversees activities, Trains workers, and Information analysis.

  • Oversees activities 75%
  • Trains workers 38%
  • Information analysis 25%
  • Develops plans 25%
  • Evaluates documents 25%

Popular Certifications for Underwriting Manager

Project Management Professional - PMP - Project Management Institute

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Compare Underwriting Manager Salaries by Location

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Average Salaries for Underwriting Manager

The average salary of underwriting manager in Ukraine is 808 129 ₴. The average salary of underwriting manager in California is $149,465. The average salary of underwriting manager in United States is $133,027. Explore the average salaries for underwriting manager in other locations below.

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Cost of Living in Ukraine

The cost of living in Ukraine is 0% equal to than the national average.

Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.

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Why Your Salary May Look Different

This information is based on a specific job title and location, but real-world compensation can vary based on factors like years of experience, company size, shift differentials, and more. Because of these variables, your actual pay may fall above or below the average ranges shown. Use ERI's salary data and compensation management platform to identify market trends and accurately adjust pay so that you can price jobs competitively.

Based on the average salary in the United States, if your shift differential is 10%, then your pay will increase by UAH 38.85/hour

*Some jobs may not be adjusted using shift differentials. Please contact [email protected] for additional information.

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Frequently Asked Questions

Common questions about Underwriting Manager salaries and career insights

How much does a Underwriting Manager make in Ukraine?

ERI's data indicated that, on average, a Underwriting Manager is UAH 808,129 per year or UAH 388.52 per hour in Ukraine, which is 1% lower than the national average. Top earners have reported making up to UAH 986,725. However, the typical pay range in Ukraine, is between UAH 554,376 and UAH 986,725 annually.

What is the salary potential for Underwriting Manager in 5 years?

Underwriting Manager is projected to see 56.3% salary growth in 5 years.

What are some factors that impact Underwriting Manager salaries?

Several factors can impact the salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect the role can provide opportunities to earn more. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns.

How can I accurately price jobs for my organization?

There are several factors that can impact the salary, including experience, company size, job market, location, industry, education, certificates, shift differentials, and more. Understanding how these factors affect the role can help you spot pay gaps and retain top talent. ERI's Assessor Platform brings these factors together in one platform, making it easy to benchmark roles, analyze insights, and set pay with confidence.

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With decades of experience in compensation, ERI offers an extensive and reliable salary survey database powered by the Assessor Platform, a comprehensive compensation management solution that optimizes complex processes for accuracy and efficiency.

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About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

For over 35 years, ERI has compiled the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources

Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.

Real-Time Data

Our salary database is updated and verified approximately every six weeks.

Quality Assurance

Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

10,500+

Locations

35,900+

Job Titles

4,400+

Skills

5,500+

Certifications

1,100+

Industries

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