Home > Salary > Hungary > Underwriting Account Manager
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Estimated Yearly Salary: 8,144,459 HUF
Estimated Monthly Salary: 678,705 HUF
Estimated Weekly Salary: 156,624 HUF per week
Estimated Hourly Salary: 3,916 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 654,739 HUF
Estimated Weekly Salary: 151,094 HUF per week
Estimated Hourly Salary: 3,777 HUF per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 21,292 USD
Estimated Monthly Salary: 1,774 USD
Estimated Weekly Salary: 409 USD per week
Estimated Hourly Salary: 10 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: 8,144,459 HUF
Estimated Monthly Salary: 678,705 HUF
Estimated Weekly Salary: 156,624 HUF per week
Estimated Hourly Salary: 3,916 HUF per hour
By working as Underwriting Account Manager a person can save up to 1,014 USD per month or 12,167 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 Underwriting Account Manager
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in Hungary
Average Yearly Salary of Underwriting Account Manager in Hungary is approximately 8,144,459 HUF (21,292 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 Account Manager do?
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Account Manager make?
Salary details
How much does Underwriting Account Manager make?Estimated Yearly Salary: 8,144,459 HUF
Estimated Monthly Salary: 678,705 HUF
Estimated Weekly Salary: 156,624 HUF per week
Estimated Hourly Salary: 3,916 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,856,862 HUFEstimated Monthly Salary: 654,739 HUF
Estimated Weekly Salary: 151,094 HUF per week
Estimated Hourly Salary: 3,777 HUF per hour
Last revision of data: 2024-01-07Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,292 USD
Estimated Monthly Salary: 1,774 USD
Estimated Weekly Salary: 409 USD per week
Estimated Hourly Salary: 10 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 Underwriting Account Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Underwriting Account Manager in Hungary earns on average:
1.22 times the average salary (or 122% 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 Underwriting Account Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Underwriting Account Manager in Hungary earns on average:
1.22 times the average salary (or 122% of average salary).
Is Underwriting Account Manager a well paid job?
Yes, our data shows that Underwriting Account Manager 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 Account Manager?
High salary for Underwriting Account Manager would be somewhere between 8,958,905 HUF and 11,809,466 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account Manager 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: 8,144,459 HUF
Estimated Monthly Salary: 678,705 HUF
Estimated Weekly Salary: 156,624 HUF per week
Estimated Hourly Salary: 3,916 HUF per hour
By working as Underwriting Account Manager a person can save up to 1,014 USD per month or 12,167 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 Underwriting Account Manager
Austria is 62,800 USD
Slovakia is 24,676 USD
Ukraine is 4,784 USD
Romania is 17,477 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:
Nuclear power reactor operator (9,302,767 HUF per year, pre-tax.)
Community facilitator (3,671,938 HUF per year, pre-tax.)
Benefits assistant (5,109,200 HUF per year, pre-tax.)
Economics lecturer (5,250,011 HUF per year, pre-tax.)
Family engagement specialist (6,545,835 HUF per year, pre-tax.)
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