Home > Salary > Monaco > 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: 208,352 EUR
Estimated Monthly Salary: 17,363 EUR
Estimated Weekly Salary: 4,007 EUR per week
Estimated Hourly Salary: 100 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,733 EUR
Estimated Weekly Salary: 3,862 EUR per week
Estimated Hourly Salary: 97 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 208,373 USD
Estimated Monthly Salary: 17,364 USD
Estimated Weekly Salary: 4,007 USD per week
Estimated Hourly Salary: 100 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: 208,352 EUR
Estimated Monthly Salary: 17,363 EUR
Estimated Weekly Salary: 4,007 EUR per week
Estimated Hourly Salary: 100 EUR per hour
By working as Underwriting Account Manager a person can save up to 9,921 USD per month or 119,055 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 Underwriting Account Manager
Last revision of data: 2025-01-04
Data as of 2025
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Underwriting Account Manager salary in Monaco
Average Yearly Salary of Underwriting Account Manager in Monaco is approximately 208,352 EUR (208,373 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: 208,352 EUR
Estimated Monthly Salary: 17,363 EUR
Estimated Weekly Salary: 4,007 EUR per week
Estimated Hourly Salary: 100 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 200,799 EUREstimated Monthly Salary: 16,733 EUR
Estimated Weekly Salary: 3,862 EUR per week
Estimated Hourly Salary: 97 EUR per hour
Last revision of data: 2024-01-03Underwriting Account Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 208,373 USD
Estimated Monthly Salary: 17,364 USD
Estimated Weekly Salary: 4,007 USD per week
Estimated Hourly Salary: 100 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
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 Underwriting Account Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Underwriting Account Manager in Monaco earns on average:
1.22 times the average salary (or 122% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Underwriting Account Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Underwriting Account Manager in Monaco earns on average:
1.22 times the average salary (or 122% 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 229,187 EUR and 302,110 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriting Account 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: 208,352 EUR
Estimated Monthly Salary: 17,363 EUR
Estimated Weekly Salary: 4,007 EUR per week
Estimated Hourly Salary: 100 EUR per hour
By working as Underwriting Account Manager a person can save up to 9,921 USD per month or 119,055 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 Underwriting Account Manager
France is 51,304 USD
Italy is 41,984 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.)
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(1,613,197 EUR per year, pre-tax.)
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4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
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(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:
Radiochemist (263,420 EUR per year, pre-tax.)
Gerontologist (320,467 EUR per year, pre-tax.)
Bail bonding agent (74,940 EUR per year, pre-tax.)
Senior mechanical engineer (374,518 EUR per year, pre-tax.)
Oral surgery scheduling coordinator (98,785 EUR per year, pre-tax.)
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