Home > Salary > Luxembourg > Underwriting Account Manager
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Estimated Yearly Salary: 102,190 EUR
Estimated Monthly Salary: 8,516 EUR
Estimated Weekly Salary: 1,965 EUR per week
Estimated Hourly Salary: 49 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,201 EUR
Estimated Weekly Salary: 1,893 EUR per week
Estimated Hourly Salary: 47 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 101,507 USD
Estimated Monthly Salary: 8,459 USD
Estimated Weekly Salary: 1,952 USD per week
Estimated Hourly Salary: 49 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: 102,190 EUR
Estimated Monthly Salary: 8,516 EUR
Estimated Weekly Salary: 1,965 EUR per week
Estimated Hourly Salary: 49 EUR per hour
By working as Underwriting Account Manager a person can save up to 4,811 USD per month or 57,731 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 Underwriting Account Manager
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in Luxembourg
Average Yearly Salary of Underwriting Account Manager in Luxembourg is approximately 102,190 EUR (101,507 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 Account Manager do?
An underwriting account manager is responsible for managing and overseeing the underwriting process for insurance policies. They work closely with insurance agents, brokers, and clients to evaluate risks, review applications, and determine appropriate coverage levels. The underwriting account manager assesses the financial stability and credibility of potential policyholders, analyzes data and documents, and makes informed decisions on whether to approve or deny insurance applications. They also negotiate policy terms and conditions, ensuring compliance with company guidelines and regulations. Additionally, underwriting account managers monitor policy renewals, handle policy changes, and provide support and guidance to clients throughout the policy lifecycle. Strong analytical skills, attention to detail, and excellent communication abilities are crucial for success in this role.
Skills: underwriting, account management, risk assessment, insurance policies, client relations, policy lifecycle
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Account Manager make?
Salary details
How much does Underwriting Account Manager make?Estimated Yearly Salary: 102,190 EUR
Estimated Monthly Salary: 8,516 EUR
Estimated Weekly Salary: 1,965 EUR per week
Estimated Hourly Salary: 49 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 98,414 EUREstimated Monthly Salary: 8,201 EUR
Estimated Weekly Salary: 1,893 EUR per week
Estimated Hourly Salary: 47 EUR per hour
Last revision of data: 2024-01-02Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 101,507 USD
Estimated Monthly Salary: 8,459 USD
Estimated Weekly Salary: 1,952 USD per week
Estimated Hourly Salary: 49 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
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 Underwriting Account Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Underwriting Account Manager in Luxembourg earns on average:
1.23 times the average salary (or 123% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Account Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Underwriting Account Manager in Luxembourg earns on average:
1.23 times the average salary (or 123% of average salary).
Is Underwriting Account Manager a well paid job?
Yes, our data shows that Underwriting Account Manager 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 Underwriting Account Manager?
High salary for Underwriting Account Manager would be somewhere between 112,409 EUR and 148,176 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account Manager 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: 102,190 EUR
Estimated Monthly Salary: 8,516 EUR
Estimated Weekly Salary: 1,965 EUR per week
Estimated Hourly Salary: 49 EUR per hour
By working as Underwriting Account Manager a person can save up to 4,811 USD per month or 57,731 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 Underwriting Account Manager
Belgium is 54,548 USD
Germany is 59,829 USD
France is 51,304 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 Luxembourg
(950,355 EUR per year, pre-tax.)
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7. Urologist
(723,841 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Pharmaceutical sales representative (102,080 EUR per year, pre-tax.)
Laser technician (65,564 EUR per year, pre-tax.)
Floor supervisor (40,332 EUR per year, pre-tax.)
Mortgage loan officer (90,355 EUR per year, pre-tax.)
Logging worker (71,132 EUR per year, pre-tax.)
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