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Underwriter Ii salary in Hungary

Average Yearly Salary of Underwriter Ii in Hungary is approximately 6,884,775 HUF (18,010 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 Ii do?

occupation personasAn Underwriter II is a professional responsible for evaluating and assessing the risk associated with insurance applications. They review and analyze complex insurance policies, applications, and claims to determine the appropriate coverage and premium rates. Underwriter IIs also assess the financial status, credit history, and other relevant factors of the applicants to make informed decisions on whether to accept or reject insurance applications. They work closely with insurance agents and brokers to gather necessary information and ensure compliance with underwriting guidelines and regulations. Additionally, they may negotiate terms and conditions with clients and provide recommendations for risk mitigation strategies. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for this role.

Skills: Underwriter II, Insurance Underwriting, Risk Assessment, Financial Analysis, Policy Evaluation, Compliance Management
Job industry: Insurance


How much does Underwriter Ii make?

Salary details
How much does Underwriter Ii make?
Estimated Yearly Salary: 6,884,775 HUF
Estimated Monthly Salary: 573,731 HUF
Estimated Weekly Salary: 132,400 HUF per week
Estimated Hourly Salary: 3,310 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,666,498 HUF
Estimated Monthly Salary: 555,542 HUF
Estimated Weekly Salary: 128,202 HUF per week
Estimated Hourly Salary: 3,205 HUF per hour
Last revision of data: 2024-01-03



Underwriter Ii estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 18,010 USD
Estimated Monthly Salary: 1,501 USD
Estimated Weekly Salary: 346 USD per week
Estimated Hourly Salary: 9 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

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 Ii job salary compared to average salary in Hungary.
Comparison shows that a person working as Underwriter Ii in Hungary earns on average:
1.03 times the average salary (or 103% of average salary).

Is Underwriter Ii a well paid job?

Yes, our data show that Underwriter Ii 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 Ii?

High salary for Underwriter Ii would be somewhere between 7,573,253 HUF and 9,982,924 HUF. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter Ii 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: 6,884,775 HUF
Estimated Monthly Salary: 573,731 HUF
Estimated Weekly Salary: 132,400 HUF per week
Estimated Hourly Salary: 3,310 HUF per hour
By working as Underwriter Ii a person can save up to 740 USD per month or 8,885 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 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 Ii

Austria is 53,215 USDup arrow 195%
Details on Underwriter Ii salary in Austria
Slovakia is 20,917 USDup arrow 16%
Details on Underwriter Ii salary in Slovakia
Ukraine is 4,035 USDdown arrow 78%
Details on Underwriter Ii salary in Ukraine
Romania is 14,831 USDdown arrow 18%
Details on Underwriter Ii salary in Romania
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 Hungary

(75,982,184 HUF per year, pre-tax.)
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
(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.)
(57,879,147 HUF per year, pre-tax.)
(57,676,463 HUF per year, pre-tax.)

Data as of 2025

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underwriter ii salary in hungary 2025
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