Home > Salary > Monaco > Senior Underwriter
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.
Estimated Yearly Salary: 310,784 EUR
Estimated Monthly Salary: 25,899 EUR
Estimated Weekly Salary: 5,977 EUR per week
Estimated Hourly Salary: 149 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,015 EUR
Estimated Weekly Salary: 5,773 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 309,932 USD
Estimated Monthly Salary: 25,828 USD
Estimated Weekly Salary: 5,960 USD per week
Estimated Hourly Salary: 149 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: 310,784 EUR
Estimated Monthly Salary: 25,899 EUR
Estimated Weekly Salary: 5,977 EUR per week
Estimated Hourly Salary: 149 EUR per hour
By working as Senior Underwriter a person can save up to 18,384 USD per month or 220,614 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 Senior Underwriter
Last revision of data: 2025-01-04
Data as of 2025
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Senior Underwriter salary in Monaco
Average Yearly Salary of Senior Underwriter in Monaco is approximately 310,784 EUR (309,932 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
Job industry: Insurance
How much does Senior Underwriter make?
Salary details
How much does Senior Underwriter make?Estimated Yearly Salary: 310,784 EUR
Estimated Monthly Salary: 25,899 EUR
Estimated Weekly Salary: 5,977 EUR per week
Estimated Hourly Salary: 149 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 300,184 EUREstimated Monthly Salary: 25,015 EUR
Estimated Weekly Salary: 5,773 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Last revision of data: 2024-01-08Senior Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 309,932 USD
Estimated Monthly Salary: 25,828 USD
Estimated Weekly Salary: 5,960 USD per week
Estimated Hourly Salary: 149 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
Compare salary to other countries
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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 Senior Underwriter job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Underwriter in Monaco earns on average:
1.82 times the average salary (or 182% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Senior Underwriter job salary compared to average salary in Monaco.
Comparison shows that a person working as Senior Underwriter in Monaco earns on average:
1.82 times the average salary (or 182% of average salary).
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 341,862 EUR and 450,637 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Underwriter 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: 310,784 EUR
Estimated Monthly Salary: 25,899 EUR
Estimated Weekly Salary: 5,977 EUR per week
Estimated Hourly Salary: 149 EUR per hour
By working as Senior Underwriter a person can save up to 18,384 USD per month or 220,614 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 Senior Underwriter
France is 76,740 USD
Italy is 63,163 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.)
(1,564,314 EUR per year, pre-tax.)
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.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Planer operator (112,411 EUR per year, pre-tax.)
Sap pi consultant (310,326 EUR per year, pre-tax.)
Optometric technician (98,617 EUR per year, pre-tax.)
Interior designer (192,679 EUR per year, pre-tax.)
Senior financial analyst (248,666 EUR per year, pre-tax.)
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