Home > Salary > Hungary > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 14,243,569 HUF
Estimated Monthly Salary: 1,186,964 HUF
Estimated Weekly Salary: 273,915 HUF per week
Estimated Hourly Salary: 6,848 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,144,117 HUF
Estimated Weekly Salary: 264,027 HUF per week
Estimated Hourly Salary: 6,601 HUF per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 37,037 USD
Estimated Monthly Salary: 3,086 USD
Estimated Weekly Salary: 712 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 14,243,569 HUF
Estimated Monthly Salary: 1,186,964 HUF
Estimated Weekly Salary: 273,915 HUF per week
Estimated Hourly Salary: 6,848 HUF per hour
By working as Manager Underwriting a person can save up to 2,326 USD per month or 27,912 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 Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Hungary
Average Yearly Salary of Manager Underwriting in Hungary is approximately 14,243,569 HUF (37,037 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 14,243,569 HUF
Estimated Monthly Salary: 1,186,964 HUF
Estimated Weekly Salary: 273,915 HUF per week
Estimated Hourly Salary: 6,848 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,729,401 HUFEstimated Monthly Salary: 1,144,117 HUF
Estimated Weekly Salary: 264,027 HUF per week
Estimated Hourly Salary: 6,601 HUF per hour
Last revision of data: 2024-01-05Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 37,037 USD
Estimated Monthly Salary: 3,086 USD
Estimated Weekly Salary: 712 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Hungary.
Comparison shows that a person working as Manager Underwriting in Hungary earns on average:
2.13 times the average salary (or 213% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Hungary.
Comparison shows that a person working as Manager Underwriting in Hungary earns on average:
2.13 times the average salary (or 213% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 15,667,926 HUF and 20,653,175 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting in Hungary?
Living in Hungary the approximate monthly expenses are: 760 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: 14,243,569 HUF
Estimated Monthly Salary: 1,186,964 HUF
Estimated Weekly Salary: 273,915 HUF per week
Estimated Hourly Salary: 6,848 HUF per hour
By working as Manager Underwriting a person can save up to 2,326 USD per month or 27,912 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 Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Underwriting
Austria is 109,441 USD
Slovakia is 42,943 USD
Ukraine is 8,325 USD
Romania is 30,669 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 Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Injection molding engineer (6,606,654 HUF per year, pre-tax.)
Director of program management manufacturing (13,213,307 HUF per year, pre-tax.)
Production service manager (8,729,719 HUF per year, pre-tax.)
Staffing manager (5,808,166 HUF per year, pre-tax.)
Director of public relations (pr) (12,278,267 HUF per year, pre-tax.)
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