Home > Salary > Monaco > Regional Underwriting Manager
A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Estimated Yearly Salary: 475,064 EUR
Estimated Monthly Salary: 39,589 EUR
Estimated Weekly Salary: 9,136 EUR per week
Estimated Hourly Salary: 228 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 38,368 EUR
Estimated Weekly Salary: 8,854 EUR per week
Estimated Hourly Salary: 221 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 478,317 USD
Estimated Monthly Salary: 39,860 USD
Estimated Weekly Salary: 9,198 USD per week
Estimated Hourly Salary: 230 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 475,064 EUR
Estimated Monthly Salary: 39,589 EUR
Estimated Weekly Salary: 9,136 EUR per week
Estimated Hourly Salary: 228 EUR per hour
By working as Regional Underwriting Manager a person can save up to 32,417 USD per month or 388,999 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Regional Underwriting Manager
Last revision of data: 2025-01-04
Data as of 2025
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Regional Underwriting Manager salary in Monaco
Average Yearly Salary of Regional Underwriting Manager in Monaco is approximately 475,064 EUR (478,317 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 Regional Underwriting Manager do?
A Regional Underwriting Manager is responsible for overseeing the underwriting activities within a specific geographical region. They manage a team of underwriters and ensure that underwriting decisions are made in accordance with company policies and guidelines. The role involves analyzing and evaluating risks associated with insurance applications, reviewing underwriting files, and making final underwriting decisions. Regional Underwriting Managers also collaborate with other departments such as sales and claims to provide support and guidance on underwriting matters. They may participate in training and development programs to enhance the skills and knowledge of their team members. Effective communication and negotiation skills are essential for this role, as Regional Underwriting Managers often interact with agents, brokers, and clients to resolve complex underwriting issues.
Skills: Regional Underwriting Manager, Insurance, Risk Assessment, Underwriting Guidelines, Team Management, Communication Skills
Job industry: Insurance
Job industry: Insurance
How much does Regional Underwriting Manager make?
Salary details
How much does Regional Underwriting Manager make?Estimated Yearly Salary: 475,064 EUR
Estimated Monthly Salary: 39,589 EUR
Estimated Weekly Salary: 9,136 EUR per week
Estimated Hourly Salary: 228 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 460,418 EUREstimated Monthly Salary: 38,368 EUR
Estimated Weekly Salary: 8,854 EUR per week
Estimated Hourly Salary: 221 EUR per hour
Last revision of data: 2024-01-07Regional Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 478,317 USD
Estimated Monthly Salary: 39,860 USD
Estimated Weekly Salary: 9,198 USD per week
Estimated Hourly Salary: 230 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Regional Underwriting Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Regional Underwriting Manager in Monaco earns on average:
2.79 times the average salary (or 279% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Regional Underwriting Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Regional Underwriting Manager in Monaco earns on average:
2.79 times the average salary (or 279% of average salary).
Is Regional Underwriting Manager a well paid job?
Yes, our data show that Regional Underwriting Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Regional Underwriting Manager?
High salary for Regional Underwriting Manager would be somewhere between 522,570 EUR and 688,843 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Regional Underwriting Manager in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 475,064 EUR
Estimated Monthly Salary: 39,589 EUR
Estimated Weekly Salary: 9,136 EUR per week
Estimated Hourly Salary: 228 EUR per hour
By working as Regional Underwriting Manager a person can save up to 32,417 USD per month or 388,999 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Regional Underwriting Manager
France is 117,387 USD
Italy is 96,747 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
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4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Assistant professor of psychology (165,543 EUR per year, pre-tax.)
Economic development director (211,195 EUR per year, pre-tax.)
Senior assistant attorney general (281,424 EUR per year, pre-tax.)
Post production manager television video or motion picture (276,944 EUR per year, pre-tax.)
Business integration analyst (291,076 EUR per year, pre-tax.)
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