Average Investment Underwriter Salary in Fiji for 2024

In this article, we will look at the average Investment Underwriter salary for 2024 in Fiji 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 Fijian dollar. To keep things simple, we are using the FJD currency code instead of the currency symbol $.

How Much Does an Investment Underwriter Make in Fiji?

An Investment Underwriter working in Fiji will typically earn around 32,420 FJD per year, and this can range from the lowest average salary of about 15,580 FJD to the highest average salary of 52,820 FJD.

Average Annual Salary
32,420 FJD
Average Monthly Salary
2,701 FJD

Lowest Annual Salary
15,580 FJD
Lowest Monthly Salary
1,298 FJD

Highest Annual Salary
52,820 FJD
Highest Monthly Salary
4,401 FJD

These are average salaries for an Investment Underwriter in Fiji 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 Fiji

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

Salary ranges

We already know that an Investment Underwriter can earn between 15,580 FJD and 52,820 FJD on average in Fiji. 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 Fiji is 35,260 FJD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,260 FJD, and 50% of the population earn more than 35,260 FJD.

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 Fiji, 25% of the population are earning less than 24,280 FJD while 75% of the population earn more than 24,280 FJD.

75% of the population earn less than 49,700 FJD, and 25% of the population earn more than 49,700 FJD.

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 Fiji

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 Fiji that has less than two years of experience can expect to earn somewhere in the region of 16,140 FJD.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Underwriter salary would increase to 24,820 FJD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Underwriter, the average salary would be 33,980 FJD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 43,360 FJD.
  • 15 - 20 Years Experience. An Investment Underwriter with 15 to 20 years of experience can earn an average of 47,180 FJD.
  • 20+ Years Experience. For an Investment Underwriter with more than 20 years, the expected average salary increases to 50,020 FJD.

Average Salary by Experience Chart

0-2 Years
16,140 FJD
2-5 Years +34%
24,820 FJD
5-10 Years +48%
33,980 FJD
10-15 Years +22%
43,360 FJD
15-20 Years +9%
47,180 FJD
20+ Years +8%
50,020 FJD

Investment Underwriter Salary by Education Level in Fiji

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 Fiji 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 Fiji with a high school education can earn an average salary of 20,000 FJD.

  • Certificate or Diploma. An Investment Underwriter in Fiji with a certificate or diploma education can earn an average salary of 25,940 FJD.

  • Bachelor's Degree. An Investment Underwriter in Fiji with a bachelor's degree education can earn an average salary of 38,140 FJD.

  • Master's Degree. An Investment Underwriter in Fiji with a master's degree education can earn an average salary of 48,740 FJD.

Average Salary by Education Chart

High School
20,000 FJD
Certificate or Diploma +18%
25,940 FJD
Bachelor's Degree +45%
38,140 FJD
Master's Degree +31%
48,740 FJD

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 Fiji is around 24,000 to 72,100 FJD 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 Fiji, a male investment underwriter will earn an average of 37,200 FJD, while a female investment underwriter will earn around 33,120 FJD.

This means that a male investment underwriter earns approximately 12% more than a female investment underwriter for performing the same job.

Average Salary by Gender Chart in Fiji

Male
37,200 FJD
Female -12%
33,120 FJD

Investment Underwriter Average Pay Raise in Fiji

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 Fiji is around 8% every 27 months.

The national average pay raise across all professions and industries in Fiji 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 Fiji can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Fiji for 2024

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

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 Fiji

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

Public Sector
63,480 FJD
Private Sector -25%
50,660 FJD

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 Fiji.

Job Title Category Salary
Account Examiner Accounting and Finance 26,280 FJD
Account Executive Accounting and Finance 50,580 FJD
Accountant Accounting and Finance 39,080 FJD
Accounting Analyst Accounting and Finance 48,340 FJD
Accounting Assistant Accounting and Finance 29,320 FJD
Accounting Associate Accounting and Finance 27,560 FJD
Accounting Clerk Accounting and Finance 22,400 FJD
Accounting Coordinator Accounting and Finance 35,500 FJD
Accounting Head Accounting and Finance 79,360 FJD
Accounting Manager Accounting and Finance 83,900 FJD
Accounting Officer Accounting and Finance 32,020 FJD
Accounting Specialist Accounting and Finance 54,140 FJD
Accounting Supervisor Accounting and Finance 51,800 FJD
Accounting Technician Accounting and Finance 25,440 FJD
Accounting Unit Controller Accounting and Finance 69,240 FJD
Accounts Executive Accounting and Finance 48,940 FJD
Accounts Officer Accounting and Finance 32,020 FJD
Accounts Payable and Receivable Specialist Accounting and Finance 39,560 FJD
Accounts Payable Assistant Accounting and Finance 31,980 FJD
Accounts Payable Associate Accounting and Finance 34,380 FJD
Accounts Payable Clerk Accounting and Finance 27,480 FJD
Accounts Payable Manager Accounting and Finance 74,380 FJD
Accounts Receivable Administrator Accounting and Finance 58,720 FJD
Accounts Receivable Clerk Accounting and Finance 31,080 FJD
Accounts Receivable Financial Analyst Accounting and Finance 52,820 FJD
Accounts Receivable Manager Accounting and Finance 76,440 FJD
Accounts Receivable Team Leader Accounting and Finance 58,720 FJD
Assistant Accountant Accounting and Finance 27,560 FJD
Assistant Accounting Manager Accounting and Finance 70,600 FJD
Assistant Auditor Accounting and Finance 41,660 FJD
Assistant Corporate Controller Accounting and Finance 53,320 FJD
Assistant Finance Manager Accounting and Finance 83,400 FJD
Assistant Financial Controller Accounting and Finance 55,580 FJD
Audit Director Accounting and Finance 91,380 FJD
Audit Supervisor Accounting and Finance 69,180 FJD
Auditing Clerk Accounting and Finance 32,020 FJD
Auditing Manager Accounting and Finance 78,940 FJD
Billing Clerk Accounting and Finance 31,340 FJD
Billing Coordinator Accounting and Finance 38,180 FJD
Billing Specialist Accounting and Finance 44,300 FJD
Billing Supervisor Accounting and Finance 58,520 FJD
Bookkeeper Accounting and Finance 29,040 FJD
Bookkeeping Specialist Accounting and Finance 35,260 FJD
Budget Analyst Accounting and Finance 70,940 FJD
Budget Manager Accounting and Finance 80,840 FJD
Business Support Analyst Accounting and Finance 45,620 FJD
Capital Markets Associate Accounting and Finance 60,180 FJD
Cash Flow Analyst Accounting and Finance 56,460 FJD
Cash Management Manager Accounting and Finance 80,060 FJD
Cash Management Officer Accounting and Finance 43,800 FJD
Cashbook Clerk Accounting and Finance 28,660 FJD
Chartered Accountant Accounting and Finance 49,820 FJD
Chief Accountant Accounting and Finance 55,580 FJD
Collections Clerk Accounting and Finance 23,660 FJD
Collections Representative Accounting and Finance 35,500 FJD
Collections Specialist Accounting and Finance 43,480 FJD
Corporate Controller Accounting and Finance 60,880 FJD
Corporate Treasurer Accounting and Finance 80,180 FJD
Cost Accountant Accounting and Finance 40,040 FJD
Cost Accounting Manager Accounting and Finance 80,920 FJD
Cost Accounting Supervisor Accounting and Finance 63,040 FJD
Cost Analyst Accounting and Finance 62,420 FJD
Credit and Collection Manager Accounting and Finance 77,120 FJD
Credit and Collection Staff Accounting and Finance 31,340 FJD
Credit and Loans Officer Accounting and Finance 29,040 FJD
Credit Controller Accounting and Finance 54,180 FJD
Credit Manager Accounting and Finance 85,880 FJD
Debt Adviser Accounting and Finance 66,020 FJD
Debt Collector Accounting and Finance 31,080 FJD
Debtors Clerk Accounting and Finance 29,040 FJD
Debtors Controller Accounting and Finance 32,020 FJD
Deputy CFO Accounting and Finance 113,780 FJD
Deputy Head of Finance Accounting and Finance 106,160 FJD
Derivative Trader Accounting and Finance 67,560 FJD
Director of Finance Accounting and Finance 112,000 FJD
Economist Accounting and Finance 97,640 FJD
Equity Analyst Accounting and Finance 71,020 FJD
Escrow Assistant Accounting and Finance 34,360 FJD
Executive Accountant Accounting and Finance 45,580 FJD
External Auditor Accounting and Finance 55,820 FJD
Finance Administrator Accounting and Finance 43,760 FJD
Finance Analyst Accounting and Finance 74,060 FJD
Finance Associate Accounting and Finance 31,980 FJD
Finance Director Accounting and Finance 119,860 FJD
Finance Executive Accounting and Finance 87,520 FJD
Finance Licensing Clerk Accounting and Finance 29,540 FJD
Finance Licensing Manager Accounting and Finance 78,480 FJD
Finance Licensing Specialist Accounting and Finance 45,060 FJD
Finance Manager Accounting and Finance 111,240 FJD
Finance Officer Accounting and Finance 37,880 FJD
Finance President Accounting and Finance 117,380 FJD
Finance Relationship Manager Accounting and Finance 90,980 FJD
Finance Release Analyst Accounting and Finance 45,600 FJD
Finance Specialist Accounting and Finance 64,300 FJD
Finance Team Leader Accounting and Finance 82,520 FJD
Financial Accountant Accounting and Finance 41,660 FJD
Financial Actuary Accounting and Finance 57,360 FJD
Financial Administrator Accounting and Finance 63,500 FJD
Financial Advisor Accounting and Finance 73,980 FJD
Financial Analyst Accounting and Finance 69,040 FJD
Financial Applications Specialist Accounting and Finance 48,940 FJD
Financial Assistant Accounting and Finance 29,160 FJD
Financial Associate Accounting and Finance 32,900 FJD
Financial Associate Accounting and Finance 38,680 FJD
Financial Claims Analyst Accounting and Finance 50,340 FJD
Financial Claims Manager Accounting and Finance 72,420 FJD
Financial Claims Supervisor Accounting and Finance 65,760 FJD
Financial Clerk Accounting and Finance 32,620 FJD
Financial Commercial Analyst Accounting and Finance 59,380 FJD
Financial Compliance Analyst Accounting and Finance 62,420 FJD
Financial Consultant Accounting and Finance 53,120 FJD
Financial Controller Accounting and Finance 62,060 FJD
Financial Controller Accounting and Finance 66,940 FJD
Financial Coordinator Accounting and Finance 36,580 FJD
Financial Customer Service Manager Accounting and Finance 72,420 FJD
Financial Dealer and Broker Accounting and Finance 44,140 FJD
Financial Director Accounting and Finance 116,960 FJD
Financial Encoder Accounting and Finance 35,340 FJD
Financial Manager Accounting and Finance 104,060 FJD
Financial Manager Accounting and Finance 104,920 FJD
Financial Operations Manager Accounting and Finance 103,580 FJD
Financial Policy Analyst Accounting and Finance 61,400 FJD
Financial Project Manager Accounting and Finance 82,920 FJD
Financial Quantitative Analyst Accounting and Finance 68,900 FJD
Financial Reporting Consultant Accounting and Finance 56,100 FJD
Financial Reporting Manager Accounting and Finance 73,120 FJD
Financial Section Head Accounting and Finance 72,380 FJD
Financial Services Manager Accounting and Finance 103,840 FJD
Financial Services Sales Agent Accounting and Finance 42,320 FJD
Fixed Assets Administrator Accounting and Finance 41,480 FJD
Forensic Accountant Accounting and Finance 43,760 FJD
Fraud Detection Supervisor Accounting and Finance 45,580 FJD
Fraud Prevention Manager Accounting and Finance 83,300 FJD
Fund Accountant Accounting and Finance 38,680 FJD
Grants Coordinator Accounting and Finance 30,700 FJD
Group Financial Manager Accounting and Finance 115,400 FJD
Internal Auditor Accounting and Finance 53,840 FJD
Internal Control Adviser Accounting and Finance 58,440 FJD
Internal Control Officer Accounting and Finance 34,380 FJD
International Tax Director Accounting and Finance 99,340 FJD
Inventory Accountant Accounting and Finance 41,480 FJD
Investment Advisor Accounting and Finance 104,900 FJD
Investment Analyst Accounting and Finance 73,980 FJD
Investment Associate Accounting and Finance 64,300 FJD
Investment Broker Accounting and Finance 68,900 FJD
Investment Fund Manager Accounting and Finance 89,340 FJD
Investment Operations Manager Accounting and Finance 89,120 FJD
Investor Accounting and Finance 49,560 FJD
Investor Relations Manager Accounting and Finance 76,540 FJD
KYC Team Leader Accounting and Finance 75,260 FJD
Loan Processor Accounting and Finance 31,520 FJD
Management Accountant Accounting and Finance 45,600 FJD
Management Economist Accounting and Finance 86,640 FJD
Paymaster Accounting and Finance 32,960 FJD
Payroll Administrator Accounting and Finance 51,400 FJD
Payroll Benefits Coordinator Accounting and Finance 44,540 FJD
Payroll Billing Manager Accounting and Finance 71,660 FJD
Payroll Clerk Accounting and Finance 31,520 FJD
Payroll Manager Accounting and Finance 72,740 FJD
Payroll Officer Accounting and Finance 34,240 FJD
Payroll Specialist Accounting and Finance 43,220 FJD
Payroll Supervisor Accounting and Finance 52,460 FJD
Pensions Administrator Accounting and Finance 39,560 FJD
Personal Financial Advisor Accounting and Finance 55,840 FJD
Pricing Analyst Accounting and Finance 67,300 FJD
Private Equity Analyst Accounting and Finance 74,620 FJD
Project Accountant Accounting and Finance 40,040 FJD
Proposal Development Coordinator Accounting and Finance 34,980 FJD
Receivables Accountant Accounting and Finance 35,340 FJD
Regulatory Accountant Accounting and Finance 44,300 FJD
Retirement Plan Analyst Accounting and Finance 60,880 FJD
Revenue Management Specialist Accounting and Finance 68,580 FJD
Revenue Recognition Analyst Accounting and Finance 75,500 FJD
Risk Management Director Accounting and Finance 93,220 FJD
Risk Management Supervisor Accounting and Finance 74,380 FJD
Staff Accountant Accounting and Finance 37,740 FJD
Tax Accountant Accounting and Finance 35,260 FJD
Tax Administrator Accounting and Finance 41,480 FJD
Tax Advisor Accounting and Finance 57,860 FJD
Tax Analyst Accounting and Finance 59,380 FJD
Tax Associate Accounting and Finance 34,360 FJD
Tax Consultant Accounting and Finance 63,040 FJD
Tax Director Accounting and Finance 90,660 FJD
Tax Examiner Accounting and Finance 42,040 FJD
Tax Manager Accounting and Finance 85,460 FJD
Tax Research Manager Accounting and Finance 81,880 FJD
Teller Accounting and Finance 24,840 FJD
Treasury Accountant Accounting and Finance 41,180 FJD
Treasury Analyst Accounting and Finance 64,620 FJD
Underwriter Accounting and Finance 28,660 FJD
Underwriting Assistant Accounting and Finance 24,860 FJD
Vice President of Finance Accounting and Finance 105,620 FJD

Salary Comparison by City

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

City Average Salary
Suva 36,700 FJD

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