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Regional Underwriting Manager salary in Norway

Average Yearly Salary of Regional Underwriting Manager in Norway is approximately 2,697,365 NOK (245,073 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?

occupation personasA 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


How much does Regional Underwriting Manager make?

Salary details
How much does Regional Underwriting Manager make?
Estimated Yearly Salary: 2,697,365 NOK
Estimated Monthly Salary: 224,780 NOK
Estimated Weekly Salary: 51,872 NOK per week
Estimated Hourly Salary: 1,297 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,599,520 NOK
Estimated Monthly Salary: 216,627 NOK
Estimated Weekly Salary: 49,991 NOK per week
Estimated Hourly Salary: 1,250 NOK per hour
Last revision of data: 2024-01-06



Regional Underwriting Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 245,073 USD
Estimated Monthly Salary: 20,423 USD
Estimated Weekly Salary: 4,713 USD per week
Estimated Hourly Salary: 118 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

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 Regional Underwriting Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Regional Underwriting Manager in Norway earns on average:
2.76 times the average salary (or 276% 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 2,967,102 NOK and 3,911,179 NOK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Regional Underwriting Manager 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: 2,697,365 NOK
Estimated Monthly Salary: 224,780 NOK
Estimated Weekly Salary: 51,872 NOK per week
Estimated Hourly Salary: 1,297 NOK per hour
By working as Regional Underwriting Manager a person can save up to 16,602 USD per month or 199,228 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 Regional Underwriting Manager

Sweden is 161,118 USDdown arrow 34%
Details on Regional Underwriting Manager salary in Sweden
Finland is 138,951 USDdown arrow 43%
Details on Regional Underwriting Manager salary in Finland
Russia is 32,799 USDdown arrow 87%
Details on Regional Underwriting Manager salary in Russia
Denmark is 187,667 USDdown arrow 23%
Details on Regional Underwriting Manager salary in Denmark
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 Norway

(10,937,756 NOK per year, pre-tax.)
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
(8,361,766 NOK per year, pre-tax.)
(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 2025

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Please note:
Salary data displayed on this site is informational only.
This website presents salary insights for informational purposes exclusively. While we gather data from multiple providers, we cannot ensure full reliability. Users are encouraged to review trusted platforms before making any career decisions. Salaries shift due to various factors, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the correctness of the displayed salary figures. Your continued access of this site confirms your understanding of these conditions.
This website presents salary estimates for educational purposes only. While we gather data from multiple sources, we cannot ensure absolute reliability. Users are advised to consult external platforms before making any career moves. Salaries shift due to various elements, such as experience, industry trends, and negotiation tactics. We make no warranty regarding the validity of the displayed salary figures. Your use of this site indicates your understanding of these conditions.