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Underwriting Consultant salary in Germany

Average Yearly Salary of Underwriting Consultant in Germany is approximately 80,369 EUR (80,011 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 Consultant do?

occupation personasAn underwriting consultant is a professional who assesses and evaluates insurance applications to determine the level of risk involved in providing coverage. They work closely with insurance brokers and clients to gather relevant information, analyze data, and make informed decisions regarding policy approval, pricing, and terms. Underwriting consultants utilize their expertise in insurance regulations and industry standards to ensure compliance and mitigate potential risks for the insurance company. They also play a crucial role in negotiating terms and conditions with clients and may provide guidance on risk management strategies. Strong analytical skills, attention to detail, and excellent communication abilities are essential for success in this occupation.

Skills: underwriting consultant, insurance analysis, risk assessment, policy approval, risk management, insurance regulations
Job industry: Insurance


How much does Underwriting Consultant make?

Salary details
How much does Underwriting Consultant make?
Estimated Yearly Salary: 80,369 EUR
Estimated Monthly Salary: 6,697 EUR
Estimated Weekly Salary: 1,546 EUR per week
Estimated Hourly Salary: 39 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 77,399 EUR
Estimated Monthly Salary: 6,450 EUR
Estimated Weekly Salary: 1,488 EUR per week
Estimated Hourly Salary: 37 EUR per hour
Last revision of data: 2024-01-09



Underwriting Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 80,011 USD
Estimated Monthly Salary: 6,668 USD
Estimated Weekly Salary: 1,539 USD per week
Estimated Hourly Salary: 38 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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

Germany, located in Central Europe, is a country known for its rich history, diverse culture, and strong economy. With a population of approximately 83 million people, it is the most populous country in the European Union. Germany covers an area of around 357,022 square kilometers, making it the seventh-largest country in Europe.

Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Consultant job salary compared to average salary in Germany.
Comparison shows that a person working as Underwriting Consultant in Germany earns on average:
1.65 times the average salary (or 165% of average salary).

Is Underwriting Consultant a well paid job?

Yes, our data shows that Underwriting Consultant 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 Consultant?

High salary for Underwriting Consultant would be somewhere between 88,406 EUR and 116,535 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Consultant in Germany?

Living in Germany the approximate monthly expenses are: 2,136 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: 80,369 EUR
Estimated Monthly Salary: 6,697 EUR
Estimated Weekly Salary: 1,546 EUR per week
Estimated Hourly Salary: 39 EUR per hour
By working as Underwriting Consultant a person can save up to 4,532 USD per month or 54,384 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 Germany, see costs of living in Germany.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, Netherlands, Poland, Switzerland.
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 Consultant

Austria is 84,192 USDup arrow 5%
Details on Underwriting Consultant salary in Austria
Belgium is 73,306 USDdown arrow 8%
Details on Underwriting Consultant salary in Belgium
Czech Republic is 39,922 USDdown arrow 50%
Details on Underwriting Consultant salary in Czech Republic
Denmark is 109,448 USDup arrow 37%
Details on Underwriting Consultant salary in Denmark
France is 68,907 USDdown arrow 14%
Details on Underwriting Consultant salary in France
Luxembourg is 137,307 USDup arrow 72%
Details on Underwriting Consultant salary in Luxembourg
Netherlands is 86,459 USDup arrow 8%
Details on Underwriting Consultant salary in Netherlands
Poland is 27,536 USDdown arrow 66%
Details on Underwriting Consultant salary in Poland
Switzerland is 134,658 USDup arrow 68%
Details on Underwriting Consultant 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 Germany

(555,253 EUR per year, pre-tax.)
(462,849 EUR per year, pre-tax.)
(447,264 EUR per year, pre-tax.)
(435,504 EUR per year, pre-tax.)
(435,000 EUR per year, pre-tax.)
(425,008 EUR per year, pre-tax.)
(425,006 EUR per year, pre-tax.)
(424,882 EUR per year, pre-tax.)
(423,466 EUR per year, pre-tax.)
(423,119 EUR per year, pre-tax.)

Data as of 2025

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The salary figures on this website are meant for reference purposes exclusively. We compile salary data from multiple sources, but do not ensure complete precision. Users must on their own verify salaries before making financial commitments. Salary variations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the correctness of the listed salary data. By using this site, you acknowledge that salary data is subject to updates.
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