Home > Salary > Luxembourg > Insurance Underwriter Life
An insurance underwriter for life insurance is responsible for evaluating and assessing the risks associated with insuring an individual's life. They analyze various factors such as age, health, occupation, lifestyle, and medical history to determine the likelihood of a claim being made. Using actuarial tables and statistical data, they calculate the appropriate premium rates and coverage amounts for policyholders. The underwriter reviews applications, medical records, and other relevant documents to make informed decisions about accepting or rejecting insurance applications. They also collaborate with agents and brokers to clarify policy terms, answer inquiries, and provide guidance on complex cases. Accuracy, attention to detail, and strong analytical skills are crucial in this role to ensure fair pricing and minimize potential losses for the insurance company.
Estimated Yearly Salary: 105,801 EUR
Estimated Monthly Salary: 8,817 EUR
Estimated Weekly Salary: 2,035 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,533 EUR
Estimated Weekly Salary: 1,969 EUR per week
Estimated Hourly Salary: 49 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 106,037 USD
Estimated Monthly Salary: 8,836 USD
Estimated Weekly Salary: 2,039 USD per week
Estimated Hourly Salary: 51 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.
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Estimated Yearly Salary: 105,801 EUR
Estimated Monthly Salary: 8,817 EUR
Estimated Weekly Salary: 2,035 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Insurance Underwriter Life a person can save up to 5,188 USD per month or 62,261 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Insurance Underwriter Life
Last revision of data: 2025-01-04
Data as of 2025
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Insurance Underwriter Life salary in Luxembourg
Average Yearly Salary of Insurance Underwriter Life in Luxembourg is approximately 105,801 EUR (106,037 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 Insurance Underwriter Life do?

Skills: Insurance underwriter, Life insurance, Risk assessment, Actuarial analysis, Policy evaluation, Premium calculation
Job industry: Insurance
Job industry: Insurance
How much does Insurance Underwriter Life make?
Salary details
How much does Insurance Underwriter Life make?Estimated Yearly Salary: 105,801 EUR
Estimated Monthly Salary: 8,817 EUR
Estimated Weekly Salary: 2,035 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 102,390 EUREstimated Monthly Salary: 8,533 EUR
Estimated Weekly Salary: 1,969 EUR per week
Estimated Hourly Salary: 49 EUR per hour
Insurance Underwriter Life estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 106,037 USD
Estimated Monthly Salary: 8,836 USD
Estimated Weekly Salary: 2,039 USD per week
Estimated Hourly Salary: 51 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Life job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Insurance Underwriter Life in Luxembourg earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Insurance Underwriter Life job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Insurance Underwriter Life in Luxembourg earns on average:
1.27 times the average salary (or 127% of average salary).
Is Insurance Underwriter Life a well paid job?
Yes, our data shows that Insurance Underwriter Life 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 Insurance Underwriter Life?
High salary for Insurance Underwriter Life would be somewhere between 116,381 EUR and 153,411 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Insurance Underwriter Life in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 105,801 EUR
Estimated Monthly Salary: 8,817 EUR
Estimated Weekly Salary: 2,035 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Insurance Underwriter Life a person can save up to 5,188 USD per month or 62,261 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Insurance Underwriter Life
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
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7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Random salary:
Performance improvement director (144,464 EUR per year, pre-tax.)
Social media specialist (68,053 EUR per year, pre-tax.)
Computer help desk representative (51,455 EUR per year, pre-tax.)
Medical records manager (45,466 EUR per year, pre-tax.)
Farm workercrop field (46,722 EUR per year, pre-tax.)
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