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Underwriting Analyst salary in Italy

Average Yearly Salary of Underwriting Analyst in Italy is approximately 37,986 EUR (37,842 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 Analyst do?

occupation personasAn underwriting analyst is responsible for assessing and evaluating insurance applications to determine the level of risk involved in providing coverage. They analyze various factors such as financial statements, credit history, and industry trends to make informed decisions on whether to approve or deny insurance policies. Underwriting analysts also calculate premiums based on risk assessment and ensure compliance with company guidelines and regulations. The job requires strong analytical skills and attention to detail, as well as the ability to effectively communicate findings and recommendations to other stakeholders. Underwriting analysts must stay updated on industry trends and regulations to accurately assess risk and make informed decisions. They work closely with underwriters, insurance agents, and clients to gather necessary information and provide support throughout the underwriting process.

Skills: underwriting analyst, risk assessment, insurance industry, financial analysis, compliance, decision-making.
Job industry: Insurance


How much does Underwriting Analyst make?

Salary details
How much does Underwriting Analyst make?
Estimated Yearly Salary: 37,986 EUR
Estimated Monthly Salary: 3,166 EUR
Estimated Weekly Salary: 731 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 36,573 EUR
Estimated Monthly Salary: 3,048 EUR
Estimated Weekly Salary: 703 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Last revision of data: 2024-01-07



Underwriting Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 37,842 USD
Estimated Monthly Salary: 3,154 USD
Estimated Weekly Salary: 728 USD per week
Estimated Hourly Salary: 18 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

Italy, a country located in Southern Europe, is known for its rich history, culture, and stunning landscapes. With a population of approximately 60 million people, it is the fourth most populous country in Europe. Italy covers an area of around 301,340 square kilometers, making it slightly larger than the state of Arizona in the United States.

Estimated national average yearly salary is 34,352 EUR (37,700 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Analyst job salary compared to average salary in Italy.
Comparison shows that a person working as Underwriting Analyst in Italy earns on average:
1.11 times the average salary (or 111% of average salary).

Is Underwriting Analyst a well paid job?

Yes, our data show that Underwriting Analyst 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 Underwriting Analyst?

High salary for Underwriting Analyst would be somewhere between 41,785 EUR and 55,080 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Analyst in Italy?

Living in Italy the approximate monthly expenses are: 1,508 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: 37,986 EUR
Estimated Monthly Salary: 3,166 EUR
Estimated Weekly Salary: 731 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Underwriting Analyst a person can save up to 1,646 USD per month or 19,746 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 Italy, see costs of living in Italy.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Switzerland, Austria, 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 Analyst

France is 45,954 USDup arrow 21%
Details on Underwriting Analyst salary in France
Switzerland is 90,052 USDup arrow 138%
Details on Underwriting Analyst salary in Switzerland
Austria is 56,330 USDup arrow 49%
Details on Underwriting Analyst salary in Austria
Slovenia is 30,632 USDdown arrow 19%
Details on Underwriting Analyst salary in Slovenia
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 Italy

(393,532 EUR per year, pre-tax.)
(326,941 EUR per year, pre-tax.)
(316,297 EUR per year, pre-tax.)
(306,986 EUR per year, pre-tax.)
(305,278 EUR per year, pre-tax.)
(299,865 EUR per year, pre-tax.)
(299,833 EUR per year, pre-tax.)
(299,544 EUR per year, pre-tax.)
(299,256 EUR per year, pre-tax.)
(298,192 EUR per year, pre-tax.)

Data as of 2025

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This website presents salary data for informational use only. We attempt to provide accurate figures, but cannot guarantee their validity. Users are encouraged to check official sources before making employment decisions. Salary ranges may vary due to geographic location, experience, and industry trends. We accept no liability for inconsistencies in the salary information provided. Your engagement with this site indicates agreement of this disclaimer.