Home > Salary > Austria > Director Underwriting
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Estimated Yearly Salary: 126,977 EUR
Estimated Monthly Salary: 10,581 EUR
Estimated Weekly Salary: 2,442 EUR per week
Estimated Hourly Salary: 61 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,250 EUR
Estimated Weekly Salary: 2,365 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 127,745 USD
Estimated Monthly Salary: 10,645 USD
Estimated Weekly Salary: 2,457 USD per week
Estimated Hourly Salary: 61 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 126,977 EUR
Estimated Monthly Salary: 10,581 EUR
Estimated Weekly Salary: 2,442 EUR per week
Estimated Hourly Salary: 61 EUR per hour
By working as Director Underwriting a person can save up to 8,400 USD per month or 100,798 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Estimated Yearly Salary for Director Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Director Underwriting salary in Austria
Average Yearly Salary of Director Underwriting in Austria is approximately 126,977 EUR (127,745 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Director Underwriting do?
A Director of Underwriting is a senior-level position within an insurance company or financial institution. Their primary responsibility is to oversee the underwriting process, which involves assessing and evaluating risks associated with insurance policies or loan applications. They lead a team of underwriters and ensure that all policies adhere to the company's underwriting guidelines and regulatory requirements. The Director of Underwriting is also responsible for developing and implementing underwriting strategies, analyzing market trends, and making recommendations to senior management regarding pricing, risk management, and product development. They collaborate with other departments such as sales, claims, and legal to ensure efficient and effective underwriting operations. Strong analytical skills, risk assessment expertise, and knowledge of industry regulations are essential for success in this role.
Skills: Director of Underwriting, Risk Assessment, Insurance Policies, Underwriting Guidelines, Financial Institution, Strategic Planning
Job industry: Insurance
Job industry: Insurance
How much does Director Underwriting make?
Salary details
How much does Director Underwriting make?Estimated Yearly Salary: 126,977 EUR
Estimated Monthly Salary: 10,581 EUR
Estimated Weekly Salary: 2,442 EUR per week
Estimated Hourly Salary: 61 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 122,997 EUREstimated Monthly Salary: 10,250 EUR
Estimated Weekly Salary: 2,365 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Last revision of data: 2024-01-08Director Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 127,745 USD
Estimated Monthly Salary: 10,645 USD
Estimated Weekly Salary: 2,457 USD per week
Estimated Hourly Salary: 61 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Austria, officially known as the Republic of Austria, is a landlocked country located in Central Europe. It shares its borders with eight other countries, including Germany, Czech Republic, and Italy. With a population of approximately 8.9 million people, Austria is considered a relatively small country in terms of population. The country covers an area of around 83,879 square kilometers, making it moderately sized.
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Austria.
Comparison shows that a person working as Director Underwriting in Austria earns on average:
2.38 times the average salary (or 238% of average salary).
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Director Underwriting job salary compared to average salary in Austria.
Comparison shows that a person working as Director Underwriting in Austria earns on average:
2.38 times the average salary (or 238% of average salary).
Is Director Underwriting a well paid job?
Yes, our data show that Director Underwriting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Director Underwriting?
High salary for Director Underwriting would be somewhere between 139,675 EUR and 184,117 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Director Underwriting in Austria?
Living in Austria the approximate monthly expenses are: 2,246 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 126,977 EUR
Estimated Monthly Salary: 10,581 EUR
Estimated Weekly Salary: 2,442 EUR per week
Estimated Hourly Salary: 61 EUR per hour
By working as Director Underwriting a person can save up to 8,400 USD per month or 100,798 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, Liechtenstein. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Director Underwriting
Germany is 121,209 USD
Czech Republic is 60,338 USD
Slovakia is 50,099 USD
Hungary is 43,155 USD
Slovenia is 69,447 USD
Italy is 85,310 USD
Switzerland is 202,756 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Austria
(586,194 EUR per year, pre-tax.)
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(487,911 EUR per year, pre-tax.)
(469,897 EUR per year, pre-tax.)
4. Neurosurgeon
(456,339 EUR per year, pre-tax.)
(455,242 EUR per year, pre-tax.)
(446,800 EUR per year, pre-tax.)
7. Urologist
(446,584 EUR per year, pre-tax.)
(446,282 EUR per year, pre-tax.)
9. Oncologist
(445,114 EUR per year, pre-tax.)
(444,714 EUR per year, pre-tax.)
Data as of 2025Random salary:
Assistant health information management (him), director (53,238 EUR per year, pre-tax.)
Dog grooming salon manager (31,208 EUR per year, pre-tax.)
Museum director (55,912 EUR per year, pre-tax.)
Residency coordinator (56,252 EUR per year, pre-tax.)
Nursing instructor (69,148 EUR per year, pre-tax.)
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