Home > Salary > Hungary > Underwriter 1
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Estimated Yearly Salary: 6,958,130 HUF
Estimated Monthly Salary: 579,844 HUF
Estimated Weekly Salary: 133,810 HUF per week
Estimated Hourly Salary: 3,345 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 562,148 HUF
Estimated Weekly Salary: 129,727 HUF per week
Estimated Hourly Salary: 3,243 HUF per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 18,261 USD
Estimated Monthly Salary: 1,522 USD
Estimated Weekly Salary: 351 USD per week
Estimated Hourly Salary: 9 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: 6,958,130 HUF
Estimated Monthly Salary: 579,844 HUF
Estimated Weekly Salary: 133,810 HUF per week
Estimated Hourly Salary: 3,345 HUF per hour
By working as Underwriter 1 a person can save up to 761 USD per month or 9,136 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 Underwriter 1
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter 1 salary in Hungary
Average Yearly Salary of Underwriter 1 in Hungary is approximately 6,958,130 HUF (18,261 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 1 do?
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Skills: Underwriter, Risk assessment, Insurance industry, Financial analysis, Policy evaluation, Premium calculation
Job industry: Finance
Job industry: Finance
How much does Underwriter 1 make?
Salary details
How much does Underwriter 1 make?Estimated Yearly Salary: 6,958,130 HUF
Estimated Monthly Salary: 579,844 HUF
Estimated Weekly Salary: 133,810 HUF per week
Estimated Hourly Salary: 3,345 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,745,779 HUFEstimated Monthly Salary: 562,148 HUF
Estimated Weekly Salary: 129,727 HUF per week
Estimated Hourly Salary: 3,243 HUF per hour
Last revision of data: 2024-01-02Underwriter 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,261 USD
Estimated Monthly Salary: 1,522 USD
Estimated Weekly Salary: 351 USD per week
Estimated Hourly Salary: 9 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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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 Underwriter 1 job salary compared to average salary in Hungary.
Comparison shows that a person working as Underwriter 1 in Hungary earns on average:
1.04 times the average salary (or 104% 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 Underwriter 1 job salary compared to average salary in Hungary.
Comparison shows that a person working as Underwriter 1 in Hungary earns on average:
1.04 times the average salary (or 104% of average salary).
Is Underwriter 1 a well paid job?
Yes, our data show that Underwriter 1 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 Underwriter 1?
High salary for Underwriter 1 would be somewhere between 7,653,943 HUF and 10,089,289 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter 1 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: 6,958,130 HUF
Estimated Monthly Salary: 579,844 HUF
Estimated Weekly Salary: 133,810 HUF per week
Estimated Hourly Salary: 3,345 HUF per hour
By working as Underwriter 1 a person can save up to 761 USD per month or 9,136 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 Underwriter 1
Austria is 53,732 USD
Slovakia is 21,168 USD
Ukraine is 4,082 USD
Romania is 15,027 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:
Associate professor of physics (6,876,104 HUF per year, pre-tax.)
Sky marshal or air marshal (8,211,291 HUF per year, pre-tax.)
Senior financial analyst (12,013,223 HUF per year, pre-tax.)
Back-end web developer (8,851,315 HUF per year, pre-tax.)
Music director (5,634,696 HUF per year, pre-tax.)
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