Average Investment Underwriter Salary in Bangladesh for 2024

In this article, we will look at the average Investment Underwriter salary for 2024 in Bangladesh and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bangladeshi taka. To keep things simple, we are using the BDT currency code instead of the currency symbol ৳.

How Much Does an Investment Underwriter Make in Bangladesh?

An Investment Underwriter working in Bangladesh will typically earn around 197,600 BDT per year, and this can range from the lowest average salary of about 89,980 BDT to the highest average salary of 315,900 BDT.

Average Annual Salary
197,600 BDT
Average Monthly Salary
16,466 BDT

Lowest Annual Salary
89,980 BDT
Lowest Monthly Salary
7,498 BDT

Highest Annual Salary
315,900 BDT
Highest Monthly Salary
26,325 BDT

These are average salaries for an Investment Underwriter in Bangladesh and include benefits such as housing and transport. It's also possible for an Investment Underwriter to earn more or less than the average salaries shown above.

Investment Underwriter salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Investment Underwriter Salaries in Bangladesh

So we've looked at the average salaries an Investment Underwriter will earn in Bangladesh. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Investment Underwriter can earn between 89,980 BDT and 315,900 BDT on average in Bangladesh. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Investment Underwriter in Bangladesh is 214,000 BDT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 214,000 BDT, and 50% of the population earn more than 214,000 BDT.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Investment Underwriter salary in Bangladesh, 25% of the population are earning less than 139,100 BDT while 75% of the population earn more than 139,100 BDT.

75% of the population earn less than 288,100 BDT, and 25% of the population earn more than 288,100 BDT.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Investment Underwriter Salary by Experience Level in Bangladesh

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average investment underwriter salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Investment Underwriter in Bangladesh that has less than two years of experience can expect to earn somewhere in the region of 103,440 BDT.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Underwriter salary would increase to 138,200 BDT.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Underwriter, the average salary would be 204,000 BDT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 249,600 BDT.
  • 15 - 20 Years Experience. An Investment Underwriter with 15 to 20 years of experience can earn an average of 273,300 BDT.
  • 20+ Years Experience. For an Investment Underwriter with more than 20 years, the expected average salary increases to 294,700 BDT.

Average Salary by Experience Chart

0-2 Years
103,440 BDT
2-5 Years +34%
138,200 BDT
5-10 Years +48%
204,000 BDT
10-15 Years +22%
249,600 BDT
15-20 Years +9%
273,300 BDT
20+ Years +8%
294,700 BDT

Investment Underwriter Salary by Education Level in Bangladesh

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Investment Underwriter in Bangladesh based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Investment Underwriter in Bangladesh with a high school education can earn an average salary of 125,700 BDT.

  • Certificate or Diploma. An Investment Underwriter in Bangladesh with a certificate or diploma education can earn an average salary of 151,800 BDT.

  • Bachelor's Degree. An Investment Underwriter in Bangladesh with a bachelor's degree education can earn an average salary of 217,900 BDT.

  • Master's Degree. An Investment Underwriter in Bangladesh with a master's degree education can earn an average salary of 283,700 BDT.

Average Salary by Education Chart

High School
125,700 BDT
Certificate or Diploma +18%
151,800 BDT
Bachelor's Degree +45%
217,900 BDT
Master's Degree +31%
283,700 BDT

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bangladesh is around 130,000 to 390,000 BDT and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Investment Underwriter Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bangladesh, a male investment underwriter will earn an average of 217,900 BDT, while a female investment underwriter will earn around 180,500 BDT.

This means that a male investment underwriter earns approximately 21% more than a female investment underwriter for performing the same job.

Average Salary by Gender Chart in Bangladesh

Male
217,900 BDT
Female -21%
180,500 BDT

Investment Underwriter Average Pay Raise in Bangladesh

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Investment Underwriter in Bangladesh is around 8% every 27 months.

The national average pay raise across all professions and industries in Bangladesh is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 27 ) × 12  = 4%

What this means is that an Investment Underwriter in Bangladesh can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Bangladesh for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bangladesh.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Investment Underwriter Bonus and Incentive Rates in Bangladesh

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Investment Underwriter is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
15%
No Bonus
85%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bangladesh earn approximately 25% more than private sector employees in the same role.

Public Sector
345,700 BDT
Private Sector -25%
277,400 BDT

Salaries for Jobs Similar to an Investment Underwriter

In the table below, we have salary information for jobs that are similar to an Investment Underwriter in Bangladesh.

Job Title Category Salary
Account Examiner Accounting and Finance 172,400 BDT
Account Executive Accounting and Finance 273,000 BDT
Accountant Accounting and Finance 225,700 BDT
Accounting Analyst Accounting and Finance 272,800 BDT
Accounting Assistant Accounting and Finance 180,300 BDT
Accounting Associate Accounting and Finance 164,200 BDT
Accounting Clerk Accounting and Finance 137,400 BDT
Accounting Coordinator Accounting and Finance 207,800 BDT
Accounting Head Accounting and Finance 433,800 BDT
Accounting Manager Accounting and Finance 466,300 BDT
Accounting Officer Accounting and Finance 168,100 BDT
Accounting Specialist Accounting and Finance 312,400 BDT
Accounting Supervisor Accounting and Finance 299,500 BDT
Accounting Technician Accounting and Finance 154,700 BDT
Accounting Unit Controller Accounting and Finance 377,200 BDT
Accounts Executive Accounting and Finance 288,700 BDT
Accounts Officer Accounting and Finance 183,600 BDT
Accounts Payable and Receivable Specialist Accounting and Finance 232,400 BDT
Accounts Payable Assistant Accounting and Finance 176,800 BDT
Accounts Payable Associate Accounting and Finance 212,500 BDT
Accounts Payable Clerk Accounting and Finance 164,200 BDT
Accounts Payable Manager Accounting and Finance 448,500 BDT
Accounts Receivable Administrator Accounting and Finance 320,500 BDT
Accounts Receivable Clerk Accounting and Finance 172,200 BDT
Accounts Receivable Financial Analyst Accounting and Finance 318,800 BDT
Accounts Receivable Manager Accounting and Finance 457,300 BDT
Accounts Receivable Team Leader Accounting and Finance 340,000 BDT
Assistant Accountant Accounting and Finance 172,200 BDT
Assistant Accounting Manager Accounting and Finance 424,900 BDT
Assistant Auditor Accounting and Finance 225,700 BDT
Assistant Corporate Controller Accounting and Finance 305,600 BDT
Assistant Finance Manager Accounting and Finance 454,300 BDT
Assistant Financial Controller Accounting and Finance 297,000 BDT
Audit Director Accounting and Finance 524,700 BDT
Audit Supervisor Accounting and Finance 424,900 BDT
Auditing Clerk Accounting and Finance 183,600 BDT
Auditing Manager Accounting and Finance 472,100 BDT
Billing Clerk Accounting and Finance 167,100 BDT
Billing Coordinator Accounting and Finance 205,700 BDT
Billing Specialist Accounting and Finance 243,000 BDT
Billing Supervisor Accounting and Finance 330,700 BDT
Bookkeeper Accounting and Finance 146,200 BDT
Bookkeeping Specialist Accounting and Finance 209,500 BDT
Budget Analyst Accounting and Finance 384,500 BDT
Budget Manager Accounting and Finance 471,700 BDT
Business Support Analyst Accounting and Finance 252,300 BDT
Capital Markets Associate Accounting and Finance 327,300 BDT
Cash Flow Analyst Accounting and Finance 352,000 BDT
Cash Management Manager Accounting and Finance 466,900 BDT
Cash Management Officer Accounting and Finance 251,500 BDT
Cashbook Clerk Accounting and Finance 152,300 BDT
Chartered Accountant Accounting and Finance 282,300 BDT
Chief Accountant Accounting and Finance 339,100 BDT
Collections Clerk Accounting and Finance 138,800 BDT
Collections Representative Accounting and Finance 189,300 BDT
Collections Specialist Accounting and Finance 225,700 BDT
Corporate Controller Accounting and Finance 351,200 BDT
Corporate Treasurer Accounting and Finance 421,400 BDT
Cost Accountant Accounting and Finance 218,900 BDT
Cost Accounting Manager Accounting and Finance 445,100 BDT
Cost Accounting Supervisor Accounting and Finance 378,800 BDT
Cost Analyst Accounting and Finance 361,500 BDT
Credit and Collection Manager Accounting and Finance 454,900 BDT
Credit and Collection Staff Accounting and Finance 176,800 BDT
Credit and Loans Officer Accounting and Finance 167,100 BDT
Credit Controller Accounting and Finance 308,900 BDT
Credit Manager Accounting and Finance 491,000 BDT
Debt Adviser Accounting and Finance 359,900 BDT
Debt Collector Accounting and Finance 175,900 BDT
Debtors Clerk Accounting and Finance 159,100 BDT
Debtors Controller Accounting and Finance 168,100 BDT
Deputy CFO Accounting and Finance 646,600 BDT
Deputy Head of Finance Accounting and Finance 607,400 BDT
Derivative Trader Accounting and Finance 369,300 BDT
Director of Finance Accounting and Finance 670,600 BDT
Economist Accounting and Finance 553,800 BDT
Equity Analyst Accounting and Finance 417,200 BDT
Escrow Assistant Accounting and Finance 194,600 BDT
Executive Accountant Accounting and Finance 249,600 BDT
External Auditor Accounting and Finance 322,600 BDT
Finance Administrator Accounting and Finance 252,300 BDT
Finance Analyst Accounting and Finance 417,200 BDT
Finance Associate Accounting and Finance 192,600 BDT
Finance Director Accounting and Finance 663,100 BDT
Finance Executive Accounting and Finance 489,500 BDT
Finance Licensing Clerk Accounting and Finance 163,800 BDT
Finance Licensing Manager Accounting and Finance 442,300 BDT
Finance Licensing Specialist Accounting and Finance 254,800 BDT
Finance Manager Accounting and Finance 641,900 BDT
Finance Officer Accounting and Finance 218,900 BDT
Finance President Accounting and Finance 642,800 BDT
Finance Relationship Manager Accounting and Finance 525,700 BDT
Finance Release Analyst Accounting and Finance 253,400 BDT
Finance Specialist Accounting and Finance 384,500 BDT
Finance Team Leader Accounting and Finance 518,300 BDT
Financial Accountant Accounting and Finance 225,700 BDT
Financial Actuary Accounting and Finance 345,700 BDT
Financial Administrator Accounting and Finance 384,500 BDT
Financial Advisor Accounting and Finance 431,100 BDT
Financial Analyst Accounting and Finance 401,300 BDT
Financial Applications Specialist Accounting and Finance 288,100 BDT
Financial Assistant Accounting and Finance 189,300 BDT
Financial Associate Accounting and Finance 181,600 BDT
Financial Associate Accounting and Finance 208,600 BDT
Financial Claims Analyst Accounting and Finance 305,600 BDT
Financial Claims Manager Accounting and Finance 411,400 BDT
Financial Claims Supervisor Accounting and Finance 386,400 BDT
Financial Clerk Accounting and Finance 172,200 BDT
Financial Commercial Analyst Accounting and Finance 330,900 BDT
Financial Compliance Analyst Accounting and Finance 376,800 BDT
Financial Consultant Accounting and Finance 296,000 BDT
Financial Controller Accounting and Finance 371,100 BDT
Financial Controller Accounting and Finance 377,200 BDT
Financial Coordinator Accounting and Finance 200,000 BDT
Financial Customer Service Manager Accounting and Finance 396,300 BDT
Financial Dealer and Broker Accounting and Finance 237,400 BDT
Financial Director Accounting and Finance 675,100 BDT
Financial Encoder Accounting and Finance 192,000 BDT
Financial Manager Accounting and Finance 602,700 BDT
Financial Manager Accounting and Finance 618,800 BDT
Financial Operations Manager Accounting and Finance 562,200 BDT
Financial Policy Analyst Accounting and Finance 362,200 BDT
Financial Project Manager Accounting and Finance 460,500 BDT
Financial Quantitative Analyst Accounting and Finance 394,300 BDT
Financial Reporting Consultant Accounting and Finance 312,400 BDT
Financial Reporting Manager Accounting and Finance 447,300 BDT
Financial Section Head Accounting and Finance 431,300 BDT
Financial Services Manager Accounting and Finance 571,300 BDT
Financial Services Sales Agent Accounting and Finance 239,000 BDT
Fixed Assets Administrator Accounting and Finance 228,000 BDT
Forensic Accountant Accounting and Finance 266,000 BDT
Fraud Detection Supervisor Accounting and Finance 273,300 BDT
Fraud Prevention Manager Accounting and Finance 459,300 BDT
Fund Accountant Accounting and Finance 221,500 BDT
Grants Coordinator Accounting and Finance 172,200 BDT
Group Financial Manager Accounting and Finance 677,100 BDT
Internal Auditor Accounting and Finance 315,700 BDT
Internal Control Adviser Accounting and Finance 349,300 BDT
Internal Control Officer Accounting and Finance 195,200 BDT
International Tax Director Accounting and Finance 529,600 BDT
Inventory Accountant Accounting and Finance 239,300 BDT
Investment Advisor Accounting and Finance 625,000 BDT
Investment Analyst Accounting and Finance 424,900 BDT
Investment Associate Accounting and Finance 381,800 BDT
Investment Broker Accounting and Finance 367,200 BDT
Investment Fund Manager Accounting and Finance 514,300 BDT
Investment Operations Manager Accounting and Finance 499,300 BDT
Investor Accounting and Finance 301,600 BDT
Investor Relations Manager Accounting and Finance 431,300 BDT
KYC Team Leader Accounting and Finance 450,300 BDT
Loan Processor Accounting and Finance 185,100 BDT
Management Accountant Accounting and Finance 254,800 BDT
Management Economist Accounting and Finance 502,200 BDT
Paymaster Accounting and Finance 185,100 BDT
Payroll Administrator Accounting and Finance 283,700 BDT
Payroll Benefits Coordinator Accounting and Finance 239,300 BDT
Payroll Billing Manager Accounting and Finance 407,100 BDT
Payroll Clerk Accounting and Finance 192,600 BDT
Payroll Manager Accounting and Finance 412,000 BDT
Payroll Officer Accounting and Finance 197,600 BDT
Payroll Specialist Accounting and Finance 239,000 BDT
Payroll Supervisor Accounting and Finance 292,000 BDT
Pensions Administrator Accounting and Finance 227,600 BDT
Personal Financial Advisor Accounting and Finance 345,100 BDT
Pricing Analyst Accounting and Finance 372,600 BDT
Private Equity Analyst Accounting and Finance 411,400 BDT
Project Accountant Accounting and Finance 246,500 BDT
Proposal Development Coordinator Accounting and Finance 192,600 BDT
Receivables Accountant Accounting and Finance 209,700 BDT
Regulatory Accountant Accounting and Finance 243,000 BDT
Retirement Plan Analyst Accounting and Finance 351,200 BDT
Revenue Management Specialist Accounting and Finance 372,600 BDT
Revenue Recognition Analyst Accounting and Finance 433,800 BDT
Risk Management Director Accounting and Finance 535,800 BDT
Risk Management Supervisor Accounting and Finance 448,500 BDT
Staff Accountant Accounting and Finance 215,100 BDT
Tax Accountant Accounting and Finance 205,700 BDT
Tax Administrator Accounting and Finance 237,400 BDT
Tax Advisor Accounting and Finance 340,400 BDT
Tax Analyst Accounting and Finance 344,600 BDT
Tax Associate Accounting and Finance 187,300 BDT
Tax Consultant Accounting and Finance 366,200 BDT
Tax Director Accounting and Finance 541,700 BDT
Tax Examiner Accounting and Finance 233,900 BDT
Tax Manager Accounting and Finance 471,700 BDT
Tax Research Manager Accounting and Finance 478,000 BDT
Teller Accounting and Finance 129,000 BDT
Treasury Accountant Accounting and Finance 237,400 BDT
Treasury Analyst Accounting and Finance 389,200 BDT
Underwriter Accounting and Finance 158,700 BDT
Underwriting Assistant Accounting and Finance 151,800 BDT
Vice President of Finance Accounting and Finance 606,400 BDT

Salary Comparison by City

If you want to compare salaries with different cities in Bangladesh, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Barisal 181,600 BDT
Bogra 197,600 BDT
Chandpur 172,200 BDT
Chittagong 210,500 BDT
Coxs Bazar 172,400 BDT
Dhaka 209,700 BDT
Jamalpur 174,000 BDT
Jessore 189,300 BDT
Khulna 192,000 BDT
Rajshahi 201,100 BDT
St. Martin 172,400 BDT
Sylhet 183,700 BDT

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