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Underwriting Consultant salary in Monaco

Average Yearly Salary of Underwriting Consultant in Monaco is approximately 279,648 EUR (278,594 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 Consultant do?

occupation personasAn underwriting consultant is a professional who assesses and evaluates insurance applications to determine the level of risk involved in providing coverage. They work closely with insurance brokers and clients to gather relevant information, analyze data, and make informed decisions regarding policy approval, pricing, and terms. Underwriting consultants utilize their expertise in insurance regulations and industry standards to ensure compliance and mitigate potential risks for the insurance company. They also play a crucial role in negotiating terms and conditions with clients and may provide guidance on risk management strategies. Strong analytical skills, attention to detail, and excellent communication abilities are essential for success in this occupation.

Skills: underwriting consultant, insurance analysis, risk assessment, policy approval, risk management, insurance regulations
Job industry: Insurance


How much does Underwriting Consultant make?

Salary details
How much does Underwriting Consultant make?
Estimated Yearly Salary: 279,648 EUR
Estimated Monthly Salary: 23,304 EUR
Estimated Weekly Salary: 5,378 EUR per week
Estimated Hourly Salary: 134 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 269,760 EUR
Estimated Monthly Salary: 22,480 EUR
Estimated Weekly Salary: 5,188 EUR per week
Estimated Hourly Salary: 130 EUR per hour
Last revision of data: 2024-01-06



Underwriting Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 278,594 USD
Estimated Monthly Salary: 23,216 USD
Estimated Weekly Salary: 5,358 USD per week
Estimated Hourly Salary: 134 USD per hour


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

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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 Consultant job salary compared to average salary in Monaco.
Comparison shows that a person working as Underwriting Consultant in Monaco earns on average:
1.64 times the average salary (or 164% of average salary).

Is Underwriting Consultant a well paid job?

Yes, our data shows that Underwriting Consultant 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 Consultant?

High salary for Underwriting Consultant would be somewhere between 307,613 EUR and 405,490 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Consultant 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: 279,648 EUR
Estimated Monthly Salary: 23,304 EUR
Estimated Weekly Salary: 5,378 EUR per week
Estimated Hourly Salary: 134 EUR per hour
By working as Underwriting Consultant a person can save up to 15,773 USD per month or 189,276 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 Consultant

France is 68,907 USDdown arrow 75%
Details on Underwriting Consultant salary in France
Italy is 56,763 USDdown arrow 80%
Details on Underwriting Consultant salary in Italy
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 Monaco

(1,948,030 EUR per year, pre-tax.)
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)

Data as of 2025

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