Home > Salary > Latvia > National Underwriting Manager
A National Underwriting Manager is responsible for overseeing the underwriting process of insurance policies on a national scale. They manage a team of underwriters, ensuring adherence to company policies and guidelines. Their primary role involves evaluating risk factors, analyzing financial data, and making informed decisions regarding policy approval or denial. They collaborate with agents, brokers, and other stakeholders to provide guidance and support in underwriting complex cases. Additionally, they monitor industry trends, regulatory changes, and competitor activities to develop strategies that enhance underwriting performance and profitability. Strong analytical skills, attention to detail, and sound judgment are essential for this role, as the National Underwriting Manager plays a crucial role in managing risk and ensuring the company's financial stability.
Estimated Yearly Salary: 42,501 EUR
Estimated Monthly Salary: 3,542 EUR
Estimated Weekly Salary: 817 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 42,291 USD
Estimated Monthly Salary: 3,524 USD
Estimated Weekly Salary: 813 USD per week
Estimated Hourly Salary: 20 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: 42,501 EUR
Estimated Monthly Salary: 3,542 EUR
Estimated Weekly Salary: 817 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as National Underwriting Manager a person can save up to 2,664 USD per month or 31,971 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 Latvia, see costs of living in Latvia.
Estimated Yearly Salary for National Underwriting Manager
Last revision of data: 2025-01-04
Data as of 2025
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National Underwriting Manager salary in Latvia
Average Yearly Salary of National Underwriting Manager in Latvia is approximately 42,501 EUR (42,291 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 National Underwriting Manager do?
A National Underwriting Manager is responsible for overseeing the underwriting process of insurance policies on a national scale. They manage a team of underwriters, ensuring adherence to company policies and guidelines. Their primary role involves evaluating risk factors, analyzing financial data, and making informed decisions regarding policy approval or denial. They collaborate with agents, brokers, and other stakeholders to provide guidance and support in underwriting complex cases. Additionally, they monitor industry trends, regulatory changes, and competitor activities to develop strategies that enhance underwriting performance and profitability. Strong analytical skills, attention to detail, and sound judgment are essential for this role, as the National Underwriting Manager plays a crucial role in managing risk and ensuring the company's financial stability.
Skills: National Underwriting Manager, Insurance Underwriting, Risk Assessment, Financial Analysis, Policy Approval, Team Management
Job industry: Insurance
Job industry: Insurance
How much does National Underwriting Manager make?
Salary details
How much does National Underwriting Manager make?Estimated Yearly Salary: 42,501 EUR
Estimated Monthly Salary: 3,542 EUR
Estimated Weekly Salary: 817 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 41,011 EUREstimated Monthly Salary: 3,418 EUR
Estimated Weekly Salary: 789 EUR per week
Estimated Hourly Salary: 20 EUR per hour
Last revision of data: 2024-01-09National Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,291 USD
Estimated Monthly Salary: 3,524 USD
Estimated Weekly Salary: 813 USD per week
Estimated Hourly Salary: 20 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
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated National Underwriting Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as National Underwriting Manager in Latvia earns on average:
2.17 times the average salary (or 217% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated National Underwriting Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as National Underwriting Manager in Latvia earns on average:
2.17 times the average salary (or 217% of average salary).
Is National Underwriting Manager a well paid job?
Yes, our data show that National Underwriting Manager 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 National Underwriting Manager?
High salary for National Underwriting Manager would be somewhere between 46,751 EUR and 61,626 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as National Underwriting Manager in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 42,501 EUR
Estimated Monthly Salary: 3,542 EUR
Estimated Weekly Salary: 817 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as National Underwriting Manager a person can save up to 2,664 USD per month or 31,971 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for National Underwriting Manager
Estonia is 54,734 USD
Russia is 25,343 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 Latvia
(224,317 EUR per year, pre-tax.)
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(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Career management consultant (34,630 EUR per year, pre-tax.)
Performance improvement analyst (26,979 EUR per year, pre-tax.)
Health manager (19,881 EUR per year, pre-tax.)
Data warehouse developer (25,413 EUR per year, pre-tax.)
Financial service representative (fsr) (12,130 EUR per year, pre-tax.)
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