Home > Salary > Lithuania > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 46,097 EUR
Estimated Monthly Salary: 3,841 EUR
Estimated Weekly Salary: 886 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,723 EUR
Estimated Weekly Salary: 859 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 46,309 USD
Estimated Monthly Salary: 3,859 USD
Estimated Weekly Salary: 891 USD per week
Estimated Hourly Salary: 22 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: 46,097 EUR
Estimated Monthly Salary: 3,841 EUR
Estimated Weekly Salary: 886 EUR per week
Estimated Hourly Salary: 22 EUR per hour
By working as Manager Underwriting a person can save up to 2,911 USD per month or 34,938 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 Lithuania, see costs of living in Lithuania.
Estimated Yearly Salary for Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Lithuania
Average Yearly Salary of Manager Underwriting in Lithuania is approximately 46,097 EUR (46,309 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 46,097 EUR
Estimated Monthly Salary: 3,841 EUR
Estimated Weekly Salary: 886 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 44,672 EUREstimated Monthly Salary: 3,723 EUR
Estimated Weekly Salary: 859 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-05Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 46,309 USD
Estimated Monthly Salary: 3,859 USD
Estimated Weekly Salary: 891 USD per week
Estimated Hourly Salary: 22 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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Country:
Salary comparison to National average
Lithuania is a country located in the Baltic region of Europe. It has a population of approximately 2.8 million people and covers an area of around 65,300 square kilometers. The capital and largest city of Lithuania is Vilnius.
Estimated national average yearly salary is 21,558 EUR (23,690 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Lithuania.
Comparison shows that a person working as Manager Underwriting in Lithuania earns on average:
2.14 times the average salary (or 214% of average salary).
Estimated national average yearly salary is 21,558 EUR (23,690 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Lithuania.
Comparison shows that a person working as Manager Underwriting in Lithuania earns on average:
2.14 times the average salary (or 214% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting 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 Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 50,707 EUR and 66,841 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting in Lithuania?
Living in Lithuania the approximate monthly expenses are: 948 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: 46,097 EUR
Estimated Monthly Salary: 3,841 EUR
Estimated Weekly Salary: 886 EUR per week
Estimated Hourly Salary: 22 EUR per hour
By working as Manager Underwriting a person can save up to 2,911 USD per month or 34,938 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 Lithuania, see costs of living in Lithuania.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belarus, Latvia, Poland, Russia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Underwriting
Latvia is 42,069 USD
Poland is 35,893 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 Lithuania
(247,503 EUR per year, pre-tax.)
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(191,957 EUR per year, pre-tax.)
6. Urologist
(188,472 EUR per year, pre-tax.)
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10. Dermatologist
(187,812 EUR per year, pre-tax.)
Data as of 2025Random salary:
Business continuity and business planning analyst (24,791 EUR per year, pre-tax.)
Aircraft and powerplant (ap), mechanic (17,334 EUR per year, pre-tax.)
Retail general manager (gm) (19,239 EUR per year, pre-tax.)
Army captain infantry (33,630 EUR per year, pre-tax.)
Recruiting manager (25,525 EUR per year, pre-tax.)
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