Underwriter (P/C) III Salary in China

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How much does an Underwriter (P/C) III make in China? The average Underwriter (P/C) III salary in China is ¥157,072 as of April 16, 2021, but the range typically falls between ¥52,698 and ¥312,306. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) ¥157,072 25TH ¥52,698 75TH ¥312,306

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Skills to Boost an Underwriter (P/C) III Salary

Mastering key skills can significantly increase your earning potential as an Underwriter (P/C) III. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 7% salary raise, while strong Financial Analysis skills boost pay by a 1%. Even Word Processing can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Analysis
Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
Word Processing
word processing, operation in which a text-editing software program called a word processor is used to create a document on a computer. A word-processing system can produce a wide variety of documents, including letters, memoranda, and manuals, rapidly and at relatively low cost.
More Skills...
Based on recent job listings, in-demand skills in the Underwriter (P/C) III field include Analysis (7%), Financial Analysis (1%), and Word Processing (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis ¥168,067
Analysis
¥168,067
7%
Financial Analysis ¥158,643
Financial Analysis
¥158,643
1%
Word Processing ¥158,643
Word Processing
¥158,643
1%
Analysis
6.83%
Financial Analysis
9.57%
Word Processing
2.43%
Job Openings for Underwriter (P/C) III
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About China

China's landscape is vast and diverse, ranging from the Gobi and Taklamakan Deserts in the arid north to the subtropical forests in the wetter south. The Himalaya, Karakoram, Pamir and Tian Shan mountain ranges separate China from much of South and Central Asia. The Yangtze and Yellow Rivers, the third- and sixth-longest in the world, respectively, run from the Tibetan Plateau to the densely populated eastern seaboard. China's coastline along the Pacific Ocean is 14,500 kilometers (9,000 mi) long and is bounded by the Bohai, Yellow, East China and South China seas. China connects through the K...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Underwriter (P/C) III Pay Difference by Cities

City, Country Compared to national average
City, Country Shanghai, CN Compared to national average
+ 18.3%
City, Country Beijing, CN Compared to national average
+ 18.8%
City, Country Suzhou, CN Compared to national average
+ 2.1%
City, Country Guangzhou, CN Compared to national average
+ 13.9%
Employees with Underwriter (P/C) III in their job title in Beijing, CN earn an average of 18.8% more than the national average.

Understand the base salary paid range for an Underwriter (P/C) III in China

Average Base Salary

Core compensation

52698
312306
157072
The chart shows the base salary for Underwriter (P/C) III ranges from ¥52,698 to ¥312,306 with the average base salary of ¥157,072. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Underwriter (P/C) III may get paid difference by industry, location, and factors.

Underwriter (P/C) III Frequently Asked Questions in China

What is the salary range for an Underwriter (P/C) III in China? What is the average hourly rate?

The average salary for an Underwriter (P/C) III in China is ¥157,072 per year. The salary range for an Underwriter (P/C) III is between ¥52,698 and ¥312,306. While we are seeing hourly wages as high as ¥150 and as low as ¥25, the majority of Underwriter (P/C) IIIs are currently paid an average of ¥76 in China. The average salary pay range for an Underwriter (P/C) III can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Underwriter (P/C) III in China can differ based on any or all of these varying factors. April 16, 2021 salary.com )
Why should you negotiate salary for an Underwriter (P/C) III role? What are effective negotiation strategies?

Most hiring managers in China expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Underwriter (P/C) III position that you can in China. This starting salary of the Underwriter (P/C) III position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Underwriter (P/C) III position in China, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. April 16, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for an Underwriter (P/C) III role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Underwriter (P/C) III in the China can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Underwriter (P/C) III job in a large city of the China may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the China also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Underwriter (P/C) III job is right for you. April 16, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 16, 2021