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Commercial underwriter: Average Salary in South Africa, 2026

Find out what the average Commercial underwriter salary is

Salary rate
How much does a Commercial underwriter make in South Africa?
R 390 000/ Annual
Based on 7432 salaries
The average Commercial underwriter in South Africa is R 390 000 per year or R 200 per hour. Entry-level positions start at R 210 000 per year, while most experienced workers make up to R 555 000 per year.
MedianR 390 000
chart
LowR 210 000
HighR 555 000
Active jobs with salaries

Underwriter: Short-Term Insurance

TWK AgriZA

This role involves underwriting and renewing short-term insurance policies, evaluating applications, and making informed decisions aligned with company strategy.The underwriter will support clients... Show more

 • Promoted

Business Development Manager and License Representative

Network InternationalSouth Africa, ZA

This role forms part of a strategic partnership between a licensed financial services provider and a specialist underwriting management business focused on mining guarantee solutions across South A... Show more

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Legal Advisor: Commercial

National Empowerment FundZA

To provide prompt and sound legal advice and support to the NEF in particular the Fund Management Division.Form part of the investment team and consult regularly with team on proposed structure and... Show more

 • Promoted

Business Consultant (Legal and Accounting Segments) -Kloof

CatchZA

The Business Consultant is responsible for driving revenue growth by supporting Partners and their clients with cross-border fund transfers into and out of South Africa.The role focuses on building... Show more

 • Promoted