Senior Underwriter salary in Luxembourg

Average Yearly Salary of Senior Underwriter in Luxembourg is approximately 152,009 EUR (152,034 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 Senior Underwriter do?

A senior underwriter is responsible for analyzing and evaluating insurance applications to determine the level of risk involved and decide on appropriate coverage and premium rates. They review complex insurance policies, assess the potential risks, and make recommendations based on their analysis. Senior underwriters also interact with clients and agents to gather additional information or clarify policy details. They ensure that all underwriting guidelines and regulations are followed, and may provide guidance and support to junior underwriters.

Skills: senior underwriter, insurance underwriting, risk assessment, policy analysis, premium rate determination, client interaction
Job industry: Insurance

How much does Senior Underwriter make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Senior Underwriter a well paid job?

Yes, our data shows that Senior Underwriter 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 Senior Underwriter?

High salary for Senior Underwriter would be somewhere between 167,210 EUR and 220,413 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Underwriter 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: 152,009 EUR
Estimated Monthly Salary: 12,667 EUR
Estimated Weekly Salary: 2,923 EUR per week
Estimated Hourly Salary: 73 EUR per hour
By working as Senior Underwriter a person can save up to 9,022 USD per month or 108,258 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 Senior Underwriter

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 +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 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.

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Data as of 2025

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