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Underwriting Specialist salary in Romania

Average Yearly Salary of Underwriting Specialist in Romania is approximately 97,437 RON (19,455 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 Specialist do?

occupation personasAn underwriting specialist is a professional responsible for assessing and evaluating risks associated with insurance policies and determining the appropriate coverage and premiums. They analyze applications, review financial documents, and conduct research to gather necessary information to make informed decisions. Underwriting specialists work closely with agents and brokers to understand client needs and ensure compliance with underwriting guidelines and regulations. They also collaborate with other departments, such as claims and legal, to resolve complex issues and provide support in policy renewals and modifications. Strong analytical skills, attention to detail, and the ability to make sound judgments are essential for success in this occupation.

Skills: underwriting specialist, risk assessment, insurance policies, premium determination, compliance, analytical skills
Job industry: Insurance


How much does Underwriting Specialist make?

Salary details
How much does Underwriting Specialist make?
Estimated Yearly Salary: 97,437 RON
Estimated Monthly Salary: 8,120 RON
Estimated Weekly Salary: 1,874 RON per week
Estimated Hourly Salary: 47 RON per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 93,880 RON
Estimated Monthly Salary: 7,823 RON
Estimated Weekly Salary: 1,805 RON per week
Estimated Hourly Salary: 45 RON per hour
Last revision of data: 2024-01-08



Underwriting Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 19,455 USD
Estimated Monthly Salary: 1,621 USD
Estimated Weekly Salary: 374 USD per week
Estimated Hourly Salary: 9 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

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 Underwriting Specialist job salary compared to average salary in Romania.
Comparison shows that a person working as Underwriting Specialist in Romania earns on average:
1.37 times the average salary (or 137% of average salary).

Is Underwriting Specialist a well paid job?

Yes, our data shows that Underwriting Specialist 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 Specialist?

High salary for Underwriting Specialist would be somewhere between 107,181 RON and 141,284 RON. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriting Specialist 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: 97,437 RON
Estimated Monthly Salary: 8,120 RON
Estimated Weekly Salary: 1,874 RON per week
Estimated Hourly Salary: 47 RON per hour
By working as Underwriting Specialist a person can save up to 995 USD per month or 11,938 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 Underwriting Specialist

Hungary is 23,515 USDup arrow 21%
Details on Underwriting Specialist salary in Hungary
Ukraine is 5,290 USDdown arrow 73%
Details on Underwriting Specialist salary in Ukraine
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 Romania

(817,219 RON per year, pre-tax.)
(680,353 RON per year, pre-tax.)
(656,502 RON per year, pre-tax.)
(638,003 RON per year, pre-tax.)
(636,825 RON per year, pre-tax.)
(623,000 RON per year, pre-tax.)
(621,375 RON per year, pre-tax.)
(621,244 RON per year, pre-tax.)
(620,728 RON per year, pre-tax.)
(620,518 RON per year, pre-tax.)

Data as of 2025

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The salary data presented here are intended for informational purposes only. While we strive to ensure correctness, we do not guarantee all figures is flawless. Users are advised to research salary details with official authorities before making critical career decisions. Salary amounts can change due to economic shifts, demand variations, and regional factors. We disclaim responsibility for inaccuracies in the compensation data displayed.