Home > Salary > Denmark > Underwriting Specialist
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Estimated Yearly Salary: 634,870 DKK
Estimated Monthly Salary: 52,906 DKK
Estimated Weekly Salary: 12,209 DKK per week
Estimated Hourly Salary: 305 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 51,197 DKK
Estimated Weekly Salary: 11,815 DKK per week
Estimated Hourly Salary: 295 DKK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 90,724 USD
Estimated Monthly Salary: 7,560 USD
Estimated Weekly Salary: 1,745 USD per week
Estimated Hourly Salary: 44 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: 634,870 DKK
Estimated Monthly Salary: 52,906 DKK
Estimated Weekly Salary: 12,209 DKK per week
Estimated Hourly Salary: 305 DKK per hour
By working as Underwriting Specialist a person can save up to 4,632 USD per month or 55,588 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 Denmark, see costs of living in Denmark.
Estimated Yearly Salary for Underwriting Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Specialist salary in Denmark
Average Yearly Salary of Underwriting Specialist in Denmark is approximately 634,870 DKK (90,724 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 Specialist do?
An underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.
Skills: underwriting specialist, risk assessment, insurance policies, premium determination, compliance, analytical skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Specialist make?
Salary details
How much does Underwriting Specialist make?Estimated Yearly Salary: 634,870 DKK
Estimated Monthly Salary: 52,906 DKK
Estimated Weekly Salary: 12,209 DKK per week
Estimated Hourly Salary: 305 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 614,369 DKKEstimated Monthly Salary: 51,197 DKK
Estimated Weekly Salary: 11,815 DKK per week
Estimated Hourly Salary: 295 DKK per hour
Last revision of data: 2024-01-05Underwriting Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 90,724 USD
Estimated Monthly Salary: 7,560 USD
Estimated Weekly Salary: 1,745 USD per week
Estimated Hourly Salary: 44 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
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Specialist job salary compared to average salary in Denmark.
Comparison shows that a person working as Underwriting Specialist in Denmark earns on average:
1.28 times the average salary (or 128% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Specialist job salary compared to average salary in Denmark.
Comparison shows that a person working as Underwriting Specialist in Denmark earns on average:
1.28 times the average salary (or 128% of average salary).
Is Underwriting Specialist a well paid job?
Yes, our data shows that Underwriting Specialist 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 Underwriting Specialist?
High salary for Underwriting Specialist would be somewhere between 698,357 DKK and 920,562 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Specialist in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 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: 634,870 DKK
Estimated Monthly Salary: 52,906 DKK
Estimated Weekly Salary: 12,209 DKK per week
Estimated Hourly Salary: 305 DKK per hour
By working as Underwriting Specialist a person can save up to 4,632 USD per month or 55,588 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 Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. 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 Specialist
Germany is 66,374 USD
Sweden is 78,315 USD
Norway is 118,435 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 Denmark
(5,348,299 DKK per year, pre-tax.)
2. Cardiologist
(4,444,802 DKK per year, pre-tax.)
(4,309,239 DKK per year, pre-tax.)
4. Neurosurgeon
(4,154,976 DKK per year, pre-tax.)
(4,151,728 DKK per year, pre-tax.)
(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
(4,073,743 DKK per year, pre-tax.)
9. Urologist
(4,068,231 DKK per year, pre-tax.)
10. Dermatologist
(4,060,246 DKK per year, pre-tax.)
Data as of 2025Random salary:
Health program officer (524,305 DKK per year, pre-tax.)
Child counselor (319,048 DKK per year, pre-tax.)
Operations administrator (568,056 DKK per year, pre-tax.)
Ride amusement machine operator (178,066 DKK per year, pre-tax.)
Gifts officer (553,982 DKK per year, pre-tax.)
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