Home > Salary > Norway > Underwriter 1
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Estimated Yearly Salary: 1,007,623 NOK
Estimated Monthly Salary: 83,969 NOK
Estimated Weekly Salary: 19,377 NOK per week
Estimated Hourly Salary: 484 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 81,116 NOK
Estimated Weekly Salary: 18,719 NOK per week
Estimated Hourly Salary: 468 NOK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 91,261 USD
Estimated Monthly Salary: 7,605 USD
Estimated Weekly Salary: 1,755 USD per week
Estimated Hourly Salary: 44 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: 1,007,623 NOK
Estimated Monthly Salary: 83,969 NOK
Estimated Weekly Salary: 19,377 NOK per week
Estimated Hourly Salary: 484 NOK per hour
By working as Underwriter 1 a person can save up to 3,785 USD per month or 45,416 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 Underwriter 1
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Investment advisor assistant (699,302 NOK per year, pre-tax.)
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Underwriter 1 salary in Norway
Average Yearly Salary of Underwriter 1 in Norway is approximately 1,007,623 NOK (91,261 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 Underwriter 1 do?
An underwriter is a professional who assesses and evaluates insurance applications to determine the level of risk involved in insuring individuals or organizations. They analyze various factors such as the applicant's health, financial status, and potential risks associated with the policy. Underwriters use this information to calculate premiums and decide whether to accept or reject an insurance application. They also ensure that the policies comply with legal and regulatory requirements.
Skills: Underwriter, Risk assessment, Insurance industry, Financial analysis, Policy evaluation, Premium calculation
Job industry: Finance
Job industry: Finance
How much does Underwriter 1 make?
Salary details
How much does Underwriter 1 make?Estimated Yearly Salary: 1,007,623 NOK
Estimated Monthly Salary: 83,969 NOK
Estimated Weekly Salary: 19,377 NOK per week
Estimated Hourly Salary: 484 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 973,390 NOKEstimated Monthly Salary: 81,116 NOK
Estimated Weekly Salary: 18,719 NOK per week
Estimated Hourly Salary: 468 NOK per hour
Last revision of data: 2024-01-02Underwriter 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 91,261 USD
Estimated Monthly Salary: 7,605 USD
Estimated Weekly Salary: 1,755 USD per week
Estimated Hourly Salary: 44 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
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 Underwriter 1 job salary compared to average salary in Norway.
Comparison shows that a person working as Underwriter 1 in Norway earns on average:
1.03 times the average salary (or 103% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter 1 job salary compared to average salary in Norway.
Comparison shows that a person working as Underwriter 1 in Norway earns on average:
1.03 times the average salary (or 103% of average salary).
Is Underwriter 1 a well paid job?
Yes, our data show that Underwriter 1 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 Underwriter 1?
High salary for Underwriter 1 would be somewhere between 1,108,385 NOK and 1,461,053 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter 1 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: 1,007,623 NOK
Estimated Monthly Salary: 83,969 NOK
Estimated Weekly Salary: 19,377 NOK per week
Estimated Hourly Salary: 484 NOK per hour
By working as Underwriter 1 a person can save up to 3,785 USD per month or 45,416 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 Underwriter 1
Sweden is 60,440 USD
Finland is 52,266 USD
Russia is 12,326 USD
Denmark is 70,174 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:
Investment advisor assistant (699,302 NOK per year, pre-tax.)
It application manager (2,377,811 NOK per year, pre-tax.)
Research development (rd), manager chemical (2,015,486 NOK per year, pre-tax.)
Typesetter (521,445 NOK per year, pre-tax.)
Agricultural sciences teacher postsecondary (771,884 NOK per year, pre-tax.)
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