Home > Salary > Austria > Underwriting Technician
An underwriting technician is responsible for providing support to underwriters in the insurance industry. They assist in evaluating and assessing insurance applications, policies, and claims to determine the level of risk involved. Underwriting technicians gather and analyze data, perform risk assessments, and ensure compliance with company policies and industry regulations. They review applications, verify information, and calculate premiums based on risk factors. Additionally, they may communicate with clients, brokers, and agents to gather additional information or clarify details. Attention to detail, strong analytical skills, and knowledge of insurance policies and regulations are essential in this role. Underwriting technicians work in insurance companies, underwriting departments, or brokerage firms.
Estimated Yearly Salary: 49,330 EUR
Estimated Monthly Salary: 4,111 EUR
Estimated Weekly Salary: 949 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,978 EUR
Estimated Weekly Salary: 918 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 49,433 USD
Estimated Monthly Salary: 4,119 USD
Estimated Weekly Salary: 951 USD per week
Estimated Hourly Salary: 24 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: 49,330 EUR
Estimated Monthly Salary: 4,111 EUR
Estimated Weekly Salary: 949 EUR per week
Estimated Hourly Salary: 24 EUR per hour
By working as Underwriting Technician a person can save up to 1,874 USD per month or 22,486 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 Underwriting Technician
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Technician salary in Austria
Average Yearly Salary of Underwriting Technician in Austria is approximately 49,330 EUR (49,433 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 Underwriting Technician do?
An underwriting technician is responsible for providing support to underwriters in the insurance industry. They assist in evaluating and assessing insurance applications, policies, and claims to determine the level of risk involved. Underwriting technicians gather and analyze data, perform risk assessments, and ensure compliance with company policies and industry regulations. They review applications, verify information, and calculate premiums based on risk factors. Additionally, they may communicate with clients, brokers, and agents to gather additional information or clarify details. Attention to detail, strong analytical skills, and knowledge of insurance policies and regulations are essential in this role. Underwriting technicians work in insurance companies, underwriting departments, or brokerage firms.
Skills: underwriting technician, insurance industry, risk assessment, policy evaluation, data analysis, compliance.
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Technician make?
Salary details
How much does Underwriting Technician make?Estimated Yearly Salary: 49,330 EUR
Estimated Monthly Salary: 4,111 EUR
Estimated Weekly Salary: 949 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 47,730 EUREstimated Monthly Salary: 3,978 EUR
Estimated Weekly Salary: 918 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Last revision of data: 2024-01-09Underwriting Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 49,433 USD
Estimated Monthly Salary: 4,119 USD
Estimated Weekly Salary: 951 USD per week
Estimated Hourly Salary: 24 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
Compare salary to other countries
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Country:
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 Underwriting Technician job salary compared to average salary in Austria.
Comparison shows that a person working as Underwriting Technician in Austria earns on average:
0.92 times the average salary (or 92% of average salary).
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Technician job salary compared to average salary in Austria.
Comparison shows that a person working as Underwriting Technician in Austria earns on average:
0.92 times the average salary (or 92% of average salary).
Is Underwriting Technician a well paid job?
Yes, our data show that Underwriting Technician 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 Underwriting Technician?
High salary for Underwriting Technician would be somewhere between 54,263 EUR and 71,529 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Technician 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: 49,330 EUR
Estimated Monthly Salary: 4,111 EUR
Estimated Weekly Salary: 949 EUR per week
Estimated Hourly Salary: 24 EUR per hour
By working as Underwriting Technician a person can save up to 1,874 USD per month or 22,486 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 Underwriting Technician
Germany is 47,111 USD
Czech Republic is 23,358 USD
Slovakia is 19,424 USD
Hungary is 16,678 USD
Slovenia is 26,951 USD
Italy is 33,142 USD
Switzerland is 78,555 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.)
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4. Neurosurgeon
(456,339 EUR per year, pre-tax.)
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(446,800 EUR per year, pre-tax.)
7. Urologist
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(446,282 EUR per year, pre-tax.)
9. Oncologist
(445,114 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Registered dietetic technician (29,248 EUR per year, pre-tax.)
Foundry molder (30,966 EUR per year, pre-tax.)
Cleaner hospital (25,324 EUR per year, pre-tax.)
Family counselor (38,211 EUR per year, pre-tax.)
Forklift driver (29,364 EUR per year, pre-tax.)
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