Home > Salary > Romania > Manager Underwriting
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Estimated Yearly Salary: 152,597 RON
Estimated Monthly Salary: 12,716 RON
Estimated Weekly Salary: 2,935 RON per week
Estimated Hourly Salary: 73 RON per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,304 RON
Estimated Weekly Salary: 2,839 RON per week
Estimated Hourly Salary: 71 RON per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 30,669 USD
Estimated Monthly Salary: 2,556 USD
Estimated Weekly Salary: 590 USD per week
Estimated Hourly Salary: 15 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: 152,597 RON
Estimated Monthly Salary: 12,716 RON
Estimated Weekly Salary: 2,935 RON per week
Estimated Hourly Salary: 73 RON per hour
By working as Manager Underwriting a person can save up to 1,929 USD per month or 23,152 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 Romania, see costs of living in Romania.
Estimated Yearly Salary for Manager Underwriting
Last revision of data: 2025-01-04
Data as of 2025
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Manager Underwriting salary in Romania
Average Yearly Salary of Manager Underwriting in Romania is approximately 152,597 RON (30,669 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 Manager Underwriting do?
The occupation of a Manager Underwriting involves overseeing the underwriting process within an organization. This role requires extensive knowledge of insurance policies, risk assessment, and financial analysis. The manager is responsible for evaluating and approving insurance applications, ensuring compliance with underwriting guidelines, and managing a team of underwriters. They collaborate with other departments to develop and implement underwriting strategies, review and analyze underwriting data, and make recommendations for improvements. Additionally, they may be involved in negotiating terms and conditions with clients and monitoring market trends to assess potential risks. Strong analytical skills, attention to detail, and the ability to make informed decisions are essential for success in this role.
Skills: Manager Underwriting, Insurance, Risk Assessment, Financial Analysis, Compliance, Underwriting Guidelines
Job industry: Insurance
Job industry: Insurance
How much does Manager Underwriting make?
Salary details
How much does Manager Underwriting make?Estimated Yearly Salary: 152,597 RON
Estimated Monthly Salary: 12,716 RON
Estimated Weekly Salary: 2,935 RON per week
Estimated Hourly Salary: 73 RON per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 147,650 RONEstimated Monthly Salary: 12,304 RON
Estimated Weekly Salary: 2,839 RON per week
Estimated Hourly Salary: 71 RON per hour
Last revision of data: 2024-01-03Manager Underwriting estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 30,669 USD
Estimated Monthly Salary: 2,556 USD
Estimated Weekly Salary: 590 USD per week
Estimated Hourly Salary: 15 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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Country:
Salary comparison to National average
Romania is a country located in Eastern Europe, bordered by Bulgaria, Serbia, Hungary, Ukraine, and Moldova. With a population of approximately 19 million people, it is the seventh most populous country in the European Union. The land area of Romania spans about 238,397 square kilometers, making it the twelfth largest country in Europe.
Estimated national average yearly salary is 71,096 RON (15,660 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Romania.
Comparison shows that a person working as Manager Underwriting in Romania earns on average:
2.15 times the average salary (or 215% of average salary).
Estimated national average yearly salary is 71,096 RON (15,660 USD). Value indicated is pre-tax. Below graph shows estimated Manager Underwriting job salary compared to average salary in Romania.
Comparison shows that a person working as Manager Underwriting in Romania earns on average:
2.15 times the average salary (or 215% of average salary).
Is Manager Underwriting a well paid job?
Yes, our data show that Manager Underwriting 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 Manager Underwriting?
High salary for Manager Underwriting would be somewhere between 167,857 RON and 221,266 RON. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Underwriting in Romania?
Living in Romania the approximate monthly expenses are: 626 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: 152,597 RON
Estimated Monthly Salary: 12,716 RON
Estimated Weekly Salary: 2,935 RON per week
Estimated Hourly Salary: 73 RON per hour
By working as Manager Underwriting a person can save up to 1,929 USD per month or 23,152 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 Romania, see costs of living in Romania.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Bulgaria, Serbia, Hungary, Ukraine, Moldova. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Underwriting
Hungary is 37,037 USD
Ukraine is 8,325 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 Romania
(817,219 RON per year, pre-tax.)
2. Cardiologist
(680,353 RON per year, pre-tax.)
(656,502 RON per year, pre-tax.)
4. Neurosurgeon
(638,003 RON per year, pre-tax.)
(636,825 RON per year, pre-tax.)
6. Urologist
(623,000 RON per year, pre-tax.)
(621,375 RON per year, pre-tax.)
8. Oncologist
(621,244 RON per year, pre-tax.)
(620,728 RON per year, pre-tax.)
(620,518 RON per year, pre-tax.)
Data as of 2025Random salary:
Cabinet builder (51,128 RON per year, pre-tax.)
Hr file clerk (38,821 RON per year, pre-tax.)
Research development (rd), manager (125,840 RON per year, pre-tax.)
Program assistant (unspecified type) (44,079 RON per year, pre-tax.)
Medical scheduler (39,103 RON per year, pre-tax.)
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