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Underwriting Support Specialist salary in Luxembourg

Average Yearly Salary of Underwriting Support Specialist in Luxembourg is approximately 77,977 EUR (77,996 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 Support Specialist do?

occupation personasAn underwriting support specialist is responsible for providing administrative and technical assistance to underwriters in the insurance industry. They play a crucial role in ensuring smooth and efficient underwriting operations by reviewing applications, verifying information, and performing data entry tasks. Underwriting support specialists also communicate with agents and clients to gather additional information, resolve issues, and provide updates on the underwriting process. They may assist in risk assessment and analysis, as well as in preparing underwriting reports and documentation. This occupation requires strong attention to detail, organizational skills, and the ability to work collaboratively in a fast-paced environment.

Skills: underwriting support, insurance industry, administrative assistance, data entry, risk assessment, customer service
Job industry: Insurance


How much does Underwriting Support Specialist make?

Salary details
How much does Underwriting Support Specialist make?
Estimated Yearly Salary: 77,977 EUR
Estimated Monthly Salary: 6,498 EUR
Estimated Weekly Salary: 1,500 EUR per week
Estimated Hourly Salary: 37 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 75,550 EUR
Estimated Monthly Salary: 6,296 EUR
Estimated Weekly Salary: 1,453 EUR per week
Estimated Hourly Salary: 36 EUR per hour
Last revision of data: 2024-01-06



Underwriting Support Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 77,996 USD
Estimated Monthly Salary: 6,500 USD
Estimated Weekly Salary: 1,500 USD per week
Estimated Hourly Salary: 37 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Support Specialist job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Underwriting Support Specialist in Luxembourg earns on average:
0.94 times the average salary (or 94% of average salary).

Is Underwriting Support Specialist a well paid job?

Yes, our data show that Underwriting Support Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Underwriting Support Specialist?

High salary for Underwriting Support Specialist would be somewhere between 85,775 EUR and 113,067 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Support Specialist 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: 77,977 EUR
Estimated Monthly Salary: 6,498 EUR
Estimated Weekly Salary: 1,500 EUR per week
Estimated Hourly Salary: 37 EUR per hour
By working as Underwriting Support Specialist a person can save up to 2,852 USD per month or 34,220 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 Support Specialist

Belgium is 41,847 USDdown arrow 46%
Details on Underwriting Support Specialist salary in Belgium
Germany is 45,841 USDdown arrow 41%
Details on Underwriting Support Specialist salary in Germany
France is 39,279 USDdown arrow 50%
Details on Underwriting Support Specialist salary in France
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Luxembourg

(950,355 EUR per year, pre-tax.)
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
(723,841 EUR per year, pre-tax.)
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)

Data as of 2025

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Please note:
This website presents salary data for informational use only.
This website displays salary data exclusively for informational use. While we strive for correctness, we do not ensure the precision of all figures. Users should verify salary details with reliable sources before making financial decisions. Salary estimates may fluctuate based on numerous factors, such as geographic location, experience, and job role. We assume no responsibility for errors in the pay estimates provided. By using this website, you acknowledge that salary data is not absolute.
All salary data on this website are for reference purposes only. We compile data from numerous reliable sources, yet cannot guarantee complete accuracy. Before making financial decisions, visitors should consult additional authoritative sources. Salaries change due to several factors, including economic conditions, job market trends, and geographic location. We deny any responsibility for errors in the salary estimates provided here. Your use with this website constitutes agreement of this policy.