INSURANCE SALARY IN LUXEMBOURG

Luxembourg   Luxembourg  • Change Location

Average gross salary for Insurance GROSS SALARY
EUR 52,443
Average gorss salary (USD) for Insurance GROSS SALARY (USD)
US$ 62,556
Average net salary for Insurance NET SALARY
EUR 39,009
The most typical salary for Insurance MOST TYPICAL GROSS
EUR 56,150
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  Updated: 07 Jan 2020   Diff. gross vs. net: 25%
  Salary entries: 08

Average salary for Insurance in Luxembourg is EUR 52,443.

Average take home earning is EUR 39,009 (Net).

The most typical salary is EUR 56,150 (Gross).

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Percentage of people Earn this salary or more
62 % EUR 56,150
100 % EUR 46,266
Career Avg. gross salary (USD) Salary entries
Life Insurance EUR 52,500 US$ 63,390 02
General Insurance EUR 58,750 US$ 65,155 01
Insurance Agent EUR 46,800 US$ 61,376 01
Risk Management Insurance EUR 46,000 US$ 49,425 01
City Avg. gross salary (USD) Salary entries
Luxembourg EUR 51,542 US$ 62,185 07
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  SALARY BY LEVEL   INSURANCE   LUXEMBOURG

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 66,821 EUR 56,150
05
US$ 55,448 EUR 46,266
03

  SALARY BY GENDER   INSURANCE   LUXEMBOURG

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 63,682 EUR 53,550 05
US$ 60,680 EUR 50,600 03

  SALARY BY EDUCATION   INSURANCE   LUXEMBOURG

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 60,254 EUR 49,960 05
US$ 67,013 EUR 55,500 02
US$ 65,155 EUR 58,750 01

Insurance workers holding Bachelors Degree degrees enjoy the highest average gross salaries in Luxembourg. With an earned Bachelors Degree, they grosses EUR 55,500. While Insurance workers with Masters Degree education earn the least, with an average gross income of EUR 49,960. This is 11.22% lower of what Bachelors Degree degree holders earn.


  SALARY BY EXPERIENCE   INSURANCE   LUXEMBOURG

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 65,155 EUR 58,750 01
US$ 68,772 EUR 53,500 02
US$ 61,376 EUR 46,800 01
US$ 60,278 EUR 53,666 03
US$ 55,542 EUR 46,000 01

Insurance workers in Luxembourg with more years of work experience outperform their counterparts with less experience. Workers with 12-16 Years of experience earn a gross average of EUR 53,500 compared to EUR 46,000 for their counterparts with 2-4 Years of experience. The difference between workers with 12-16 Years of experience and 2-4 Years is 23.82%.


  SALARY BY AGE   INSURANCE   LUXEMBOURG

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 63,265 EUR 52,775 02
US$ 60,628 EUR 49,750 04
US$ 65,704 EUR 57,500 02
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  SALARY BY CAREER   INSURANCE   LUXEMBOURG

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# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. US$ 65,155 EUR 58,750 01
2. US$ 65,904 EUR 54,333 03
3. US$ 63,390 EUR 52,500 02
4. US$ 61,376 EUR 46,800 01
5. US$ 49,425 EUR 46,000 01

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In Luxembourg economy, Other Insurance Career is on the top list of highest earners, earning an average gross salary of EUR 54,333. General Insurance and Life Insurance follow, earning EUR 58,750 and EUR 52,500, respectively. Risk Management Insurance earn a gross annual average of EUR 46,000, while Insurance Agent earn EUR 46,800. The gap between the lowest and the highest paid careers is 33.34%.


  SALARY BY JOB TYPE   INSURANCE   LUXEMBOURG

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Avg. gross salary (USD) Avg. gross salary   Salary entries
US$ 62,556 EUR 52,443 08
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  SALARY BY CITY   INSURANCE   LUXEMBOURG

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# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. US$ 62,185 EUR 51,542 07

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  SALARY BY COUNTRY    INSURANCE

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland US$ 148,619 CHF 142,642 21
2. France US$ 105,114 EUR 84,111 18
3. Germany US$ 101,681 EUR 80,818 11
4. Australia US$ 95,404 AU$ 110,822 35
5. Norway US$ 90,260 NOK 744,545 11
6. United Kingdom US$ 88,716 GBP 60,145 56
7. United States US$ 76,790 US$ 76,790 422
8. Canada US$ 68,165 CA$ 74,758 86
9. Luxembourg US$ 62,556 EUR 52,443 08
10. Malaysia US$ 27,603 MYR 95,862 106

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(5/5)  INSURANCE INSPECTOR


 Posted: 07 Jan 2020

Some College, 16-20 years: "General Insurance."
Individual GROSS salary:
EUR 58,750
US$ 65,155


(4/5)  ACCOUNT OFFICER


 Posted: 10 Oct 2019

Masters Degree, 2-4 years: "Main point of contact for all stakeholders in the life asurance company. Proactively support partner, clients and colleagues.Administrate the life assurance policies within the life cycle of the police. Ensure partner and client requests are addressed in a timely manner. Process policy transactions, policy servicing and query resolution."
Individual GROSS salary:
EUR 46,000
US$ 55,542


(3/5)  INVESTMENT OPERATIONS OFFICER


 Posted: 07 Sep 2018

Bachelors Degree, 4-8 years: "Back and middle office."
Individual GROSS salary:
EUR 59,000
US$ 71,239


(2/5)  CLIENT SERVICES ADMINISTRATOR


 Posted: 04 Jun 2018

Bachelors Degree, 12-16 years: "Client Services Administrator."
Individual GROSS salary:
EUR 52,000
US$ 62,787


(1/5)  ACTUARY


 Posted: 20 Oct 2017

Masters Degree, 4-8 years: "Assessing capital requirements for Captives. IBNR studies. Actuarial studies. SCR calculations. ORSA calculations."
Individual GROSS salary:
EUR 56,000
US$ 60,170


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