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Underwriter salary in Belgium

Average Yearly Salary of Underwriter in Belgium is approximately 59,323 EUR (59,261 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 do?

occupation personasAn underwriter is a professional responsible for assessing and evaluating risks associated with insurance policies, loans, or investments. They analyze and review various factors such as financial statements, credit history, property appraisals, and market trends to determine the level of risk involved. Underwriters use this information to decide whether to approve or reject applications for insurance coverage or loans, and also to set appropriate terms and conditions. They play a crucial role in ensuring that businesses and individuals receive fair and accurate coverage or financing based on their risk profile. Strong analytical skills, attention to detail, and knowledge of industry regulations are essential for underwriters to make informed decisions. The occupation requires effective communication and negotiation skills to work with clients, agents, and other professionals in the industry.

Skills: underwriter, risk assessment, insurance, loans, investments, financial analysis
Job industry: Insurance


How much does Underwriter make?

Salary details
How much does Underwriter make?
Estimated Yearly Salary: 59,323 EUR
Estimated Monthly Salary: 4,944 EUR
Estimated Weekly Salary: 1,141 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: 57,330 EUR
Estimated Monthly Salary: 4,778 EUR
Estimated Weekly Salary: 1,103 EUR per week
Estimated Hourly Salary: 28 EUR per hour
Last revision of data: 2024-01-05



Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 59,261 USD
Estimated Monthly Salary: 4,938 USD
Estimated Weekly Salary: 1,140 USD per week
Estimated Hourly Salary: 28 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

Belgium, a country located in Western Europe, is known for its rich history, diverse culture, and beautiful architecture. It has a population of approximately 11.5 million people and covers an area of around 30,528 square kilometers.

Estimated national average yearly salary is 46,314 EUR (48,700 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter job salary compared to average salary in Belgium.
Comparison shows that a person working as Underwriter in Belgium earns on average:
1.28 times the average salary (or 128% of average salary).

Is Underwriter a well paid job?

Yes, our data shows that Underwriter is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Underwriter?

High salary for Underwriter would be somewhere between 65,255 EUR and 86,018 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter in Belgium?

Living in Belgium the approximate monthly expenses are: 1,948 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: 59,323 EUR
Estimated Monthly Salary: 4,944 EUR
Estimated Weekly Salary: 1,141 EUR per week
Estimated Hourly Salary: 29 EUR per hour
By working as Underwriter a person can save up to 2,990 USD per month or 35,885 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 Belgium, see costs of living in Belgium.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Netherlands, Germany, Luxembourg, France.
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

Netherlands is 70,150 USDup arrow 18%
Details on Underwriter salary in Netherlands
Germany is 65,207 USDup arrow 10%
Details on Underwriter salary in Germany
Luxembourg is 111,500 USDup arrow 88%
Details on Underwriter salary in Luxembourg
France is 55,775 USDdown arrow 6%
Details on Underwriter salary in France
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 Belgium

(507,961 EUR per year, pre-tax.)
(422,730 EUR per year, pre-tax.)
(408,012 EUR per year, pre-tax.)
(395,413 EUR per year, pre-tax.)
(394,642 EUR per year, pre-tax.)
(387,512 EUR per year, pre-tax.)
(386,178 EUR per year, pre-tax.)
(385,746 EUR per year, pre-tax.)
(385,630 EUR per year, pre-tax.)
(385,360 EUR per year, pre-tax.)

Data as of 2025

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