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Underwriter Trainee salary in Austria

Average Yearly Salary of Underwriter Trainee in Austria is approximately 59,377 EUR (59,431 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 Underwriter Trainee do?

occupation personasAn underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.

Skills: underwriter trainee, insurance, risk assessment, policy analysis, financial evaluation, client support.
Job industry: Insurance


How much does Underwriter Trainee make?

Salary details
How much does Underwriter Trainee make?
Estimated Yearly Salary: 59,377 EUR
Estimated Monthly Salary: 4,948 EUR
Estimated Weekly Salary: 1,142 EUR per week
Estimated Hourly Salary: 29 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 57,521 EUR
Estimated Monthly Salary: 4,793 EUR
Estimated Weekly Salary: 1,106 EUR per week
Estimated Hourly Salary: 28 EUR per hour
Last revision of data: 2024-01-02



Underwriter Trainee estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 59,431 USD
Estimated Monthly Salary: 4,953 USD
Estimated Weekly Salary: 1,143 USD per week
Estimated Hourly Salary: 29 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Underwriter Trainee job salary compared to average salary in Austria.
Comparison shows that a person working as Underwriter Trainee in Austria earns on average:
1.11 times the average salary (or 111% of average salary).

Is Underwriter Trainee a well paid job?

Yes, our data show that Underwriter Trainee is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Underwriter Trainee?

High salary for Underwriter Trainee would be somewhere between 65,315 EUR and 86,097 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter Trainee 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: 59,377 EUR
Estimated Monthly Salary: 4,948 EUR
Estimated Weekly Salary: 1,142 EUR per week
Estimated Hourly Salary: 29 EUR per hour
By working as Underwriter Trainee a person can save up to 2,707 USD per month or 32,484 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 Underwriter Trainee

Germany is 56,513 USDdown arrow 5%
Details on Underwriter Trainee salary in Germany
Czech Republic is 28,295 USDdown arrow 52%
Details on Underwriter Trainee salary in Czech Republic
Slovakia is 23,407 USDdown arrow 61%
Details on Underwriter Trainee salary in Slovakia
Hungary is 20,219 USDdown arrow 66%
Details on Underwriter Trainee salary in Hungary
Slovenia is 32,549 USDdown arrow 45%
Details on Underwriter Trainee salary in Slovenia
Italy is 40,016 USDdown arrow 33%
Details on Underwriter Trainee salary in Italy
Switzerland is 95,057 USDup arrow 60%
Details on Underwriter Trainee salary in Switzerland
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Austria

(586,194 EUR per year, pre-tax.)
(487,911 EUR per year, pre-tax.)
(469,897 EUR per year, pre-tax.)
(456,339 EUR per year, pre-tax.)
(455,242 EUR per year, pre-tax.)
(446,800 EUR per year, pre-tax.)
(446,584 EUR per year, pre-tax.)
(446,282 EUR per year, pre-tax.)
(445,114 EUR per year, pre-tax.)
(444,714 EUR per year, pre-tax.)

Data as of 2025

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