Home > Salary > Norway > Junior Underwriter
A junior underwriter is a professional responsible for assisting senior underwriters in evaluating and analyzing insurance applications. They play a crucial role in the insurance industry by assessing risks associated with potential clients and determining the terms and conditions of insurance policies. Junior underwriters review applications, gather relevant information, and perform risk analysis using established guidelines and procedures. They collaborate with senior underwriters to make recommendations on policy approvals, modifications, or rejections. Additionally, they may assist in preparing reports, maintaining records, and communicating with clients or agents to clarify information or request additional documentation. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential for this role.
Estimated Yearly Salary: 1,041,714 NOK
Estimated Monthly Salary: 86,810 NOK
Estimated Weekly Salary: 20,033 NOK per week
Estimated Hourly Salary: 501 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 83,979 NOK
Estimated Weekly Salary: 19,380 NOK per week
Estimated Hourly Salary: 484 NOK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 94,807 USD
Estimated Monthly Salary: 7,901 USD
Estimated Weekly Salary: 1,823 USD per week
Estimated Hourly Salary: 46 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: 1,041,714 NOK
Estimated Monthly Salary: 86,810 NOK
Estimated Weekly Salary: 20,033 NOK per week
Estimated Hourly Salary: 501 NOK per hour
By working as Junior Underwriter a person can save up to 4,080 USD per month or 48,962 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Junior Underwriter
Last revision of data: 2025-01-04
Data as of 2025
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Junior Underwriter salary in Norway
Average Yearly Salary of Junior Underwriter in Norway is approximately 1,041,714 NOK (94,807 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 Junior Underwriter do?
A junior underwriter is a professional responsible for assisting senior underwriters in evaluating and analyzing insurance applications. They play a crucial role in the insurance industry by assessing risks associated with potential clients and determining the terms and conditions of insurance policies. Junior underwriters review applications, gather relevant information, and perform risk analysis using established guidelines and procedures. They collaborate with senior underwriters to make recommendations on policy approvals, modifications, or rejections. Additionally, they may assist in preparing reports, maintaining records, and communicating with clients or agents to clarify information or request additional documentation. Attention to detail, analytical skills, and knowledge of insurance policies and regulations are essential for this role.
Skills: Junior Underwriter, Risk Analysis, Insurance Applications, Policy Evaluation, Underwriting Guidelines, Risk Assessment
Job industry: Insurance
Job industry: Insurance
How much does Junior Underwriter make?
Salary details
How much does Junior Underwriter make?Estimated Yearly Salary: 1,041,714 NOK
Estimated Monthly Salary: 86,810 NOK
Estimated Weekly Salary: 20,033 NOK per week
Estimated Hourly Salary: 501 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,007,743 NOKEstimated Monthly Salary: 83,979 NOK
Estimated Weekly Salary: 19,380 NOK per week
Estimated Hourly Salary: 484 NOK per hour
Last revision of data: 2024-01-08Junior Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 94,807 USD
Estimated Monthly Salary: 7,901 USD
Estimated Weekly Salary: 1,823 USD per week
Estimated Hourly Salary: 46 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
Compare salary to other countries
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Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Junior Underwriter job salary compared to average salary in Norway.
Comparison shows that a person working as Junior Underwriter in Norway earns on average:
1.07 times the average salary (or 107% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Junior Underwriter job salary compared to average salary in Norway.
Comparison shows that a person working as Junior Underwriter in Norway earns on average:
1.07 times the average salary (or 107% of average salary).
Is Junior Underwriter a well paid job?
Yes, our data show that Junior Underwriter 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 Junior Underwriter?
High salary for Junior Underwriter would be somewhere between 1,145,885 NOK and 1,510,485 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Underwriter in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,041,714 NOK
Estimated Monthly Salary: 86,810 NOK
Estimated Weekly Salary: 20,033 NOK per week
Estimated Hourly Salary: 501 NOK per hour
By working as Junior Underwriter a person can save up to 4,080 USD per month or 48,962 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Junior Underwriter
Sweden is 62,556 USD
Finland is 53,785 USD
Russia is 12,755 USD
Denmark is 72,761 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Consultant employment (768,371 NOK per year, pre-tax.)
Resource analyst (1,133,402 NOK per year, pre-tax.)
Nurse clinical surgery (1,104,083 NOK per year, pre-tax.)
Fitness club manager (587,071 NOK per year, pre-tax.)
Worship coordinator (474,840 NOK per year, pre-tax.)
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