Home > Salary > Luxembourg > Underwriting Administrator
An underwriting administrator is responsible for supporting the underwriting department of an insurance company or financial institution. Their primary role involves reviewing and assessing insurance applications, collecting necessary documentation, and ensuring compliance with underwriting guidelines and regulations. They communicate with agents, brokers, and clients to gather additional information and clarify any discrepancies. Underwriting administrators also assist in analyzing risk factors, determining premium rates, and preparing policy documents. They may handle policy endorsements, renewals, cancellations, and claim-related tasks. Attention to detail, strong analytical skills, and knowledge of insurance policies and procedures are essential for this role. Additionally, underwriting administrators must possess excellent organizational and communication abilities to effectively manage multiple tasks and maintain positive relationships with stakeholders.
Estimated Yearly Salary: 105,979 EUR
Estimated Monthly Salary: 8,832 EUR
Estimated Weekly Salary: 2,038 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: 2024-01-05
Estimated Yearly Salary: 105,869 USD
Estimated Monthly Salary: 8,822 USD
Estimated Weekly Salary: 2,036 USD per week
Estimated Hourly Salary: 51 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: 105,979 EUR
Estimated Monthly Salary: 8,832 EUR
Estimated Weekly Salary: 2,038 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Underwriting Administrator a person can save up to 5,174 USD per month or 62,093 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 Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Administrator salary in Luxembourg
Average Yearly Salary of Underwriting Administrator in Luxembourg is approximately 105,979 EUR (105,869 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 Administrator do?
An underwriting administrator is responsible for supporting the underwriting department of an insurance company or financial institution. Their primary role involves reviewing and assessing insurance applications, collecting necessary documentation, and ensuring compliance with underwriting guidelines and regulations. They communicate with agents, brokers, and clients to gather additional information and clarify any discrepancies. Underwriting administrators also assist in analyzing risk factors, determining premium rates, and preparing policy documents. They may handle policy endorsements, renewals, cancellations, and claim-related tasks. Attention to detail, strong analytical skills, and knowledge of insurance policies and procedures are essential for this role. Additionally, underwriting administrators must possess excellent organizational and communication abilities to effectively manage multiple tasks and maintain positive relationships with stakeholders.
Skills: underwriting administration, insurance industry, risk assessment, policy processing, compliance management, communication skills
Job industry: Insurance
Job industry: Insurance
How much does Underwriting Administrator make?
Salary details
How much does Underwriting Administrator make?Estimated Yearly Salary: 105,979 EUR
Estimated Monthly Salary: 8,832 EUR
Estimated Weekly Salary: 2,038 EUR per week
Estimated Hourly Salary: 51 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing 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
Last revision of data: 2024-01-05Underwriting Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 105,869 USD
Estimated Monthly Salary: 8,822 USD
Estimated Weekly Salary: 2,036 USD per week
Estimated Hourly Salary: 51 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 Administrator job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Underwriting Administrator in Luxembourg earns on average:
1.28 times the average salary (or 128% 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 Administrator job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Underwriting Administrator in Luxembourg earns on average:
1.28 times the average salary (or 128% of average salary).
Is Underwriting Administrator a well paid job?
Yes, our data shows that Underwriting Administrator 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 Administrator?
High salary for Underwriting Administrator would be somewhere between 116,577 EUR and 153,670 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Administrator 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: 105,979 EUR
Estimated Monthly Salary: 8,832 EUR
Estimated Weekly Salary: 2,038 EUR per week
Estimated Hourly Salary: 51 EUR per hour
By working as Underwriting Administrator a person can save up to 5,174 USD per month or 62,093 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 Administrator
Belgium is 56,410 USD
Germany is 61,981 USD
France is 53,141 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.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Construction and building inspector (72,203 EUR per year, pre-tax.)
Neonatologist (391,668 EUR per year, pre-tax.)
Vault teller (39,763 EUR per year, pre-tax.)
Explosive worker (53,532 EUR per year, pre-tax.)
Command and control center specialist (127,021 EUR per year, pre-tax.)
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