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
  Updated: 07 Jan 2020   Diff. gross vs. net: 25%
  Salary entries: 08

Insurance Earnings in Luxembourg

Average salary for Insurance in Luxembourg is EUR 52,443 (Gross). All data are based on our survey (08 individual salary entries). Average take home earning is EUR 39,009 (Net). The most typical salary is EUR 56,150 (Gross).

Earning percentages

Percentage of people earn this salary or more
62 % EUR 56,150
100 % EUR 46,266

Earning by careers

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

Earning by cities

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

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Salary entries from individual employees for Insurance in Luxembourg

Below is the list of 08 individual salary profiles - all added on this website.

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INSURANCE INSPECTOR


 Posted: 07 Jan 2020

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

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

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

CLIENT SERVICES ADMINISTRATOR


 Posted: 04 Jun 2018

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

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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RISK MANAGEMENT INSURANCE


 Posted: 04 Jun 2017

Masters Degree, 4-8 years: "Internal controller in compliance department."
Individual GROSS salary:
EUR 46,000
US$ 49,425

OTHER INSURANCE CAREER


 Posted: 04 Jun 2014

Masters Degree education, 12-16 years of experience.
Individual GROSS salary:
EUR 55,000
US$ 74,757

INSURANCE AGENT


 Posted: 16 Apr 2012

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
EUR 46,800
US$ 61,376

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  SALARY BY LEVEL   INSURANCE   LUXEMBOURG

Luxembourg •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
55K US$ 66,821 EUR 56,150
05
45K US$ 55,448 EUR 46,266
03

  SALARY BY GENDER   INSURANCE   LUXEMBOURG

Luxembourg •  Change Location

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

  SALARY BY EDUCATION   INSURANCE   LUXEMBOURG

Luxembourg •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Masters Degree US$ 60,254 EUR 49,960 05
Bachelors Degree US$ 67,013 EUR 55,500 02
Some College 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
16-20 Years US$ 65,155 EUR 58,750 01
12-16 Years US$ 68,772 EUR 53,500 02
8-12 Years US$ 61,376 EUR 46,800 01
4-8 Years US$ 60,278 EUR 53,666 03
2-4 Years 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

Luxembourg •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
39-44 US$ 63,265 EUR 52,775 02
33-38 US$ 60,628 EUR 49,750 04
27-32 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. General Insurance US$ 65,155 EUR 58,750 01
2. Other Insurance Career US$ 65,904 EUR 54,333 03
3. Life Insurance US$ 63,390 EUR 52,500 02
4. Insurance Agent US$ 61,376 EUR 46,800 01
5. Risk Management Insurance 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
Permanent US$ 62,556 EUR 52,443 08
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  SALARY BY CITY   INSURANCE   LUXEMBOURG

Luxembourg •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Luxembourg Insurance in Luxembourg 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 Switzerland Insurance in Switzerland US$ 146,337 CHF 139,200 15
2. Germany Germany Insurance in Germany US$ 101,681 EUR 80,818 11
3. France France Insurance in France US$ 100,207 EUR 79,058 17
4. Australia Australia Insurance in Australia US$ 91,588 AU$ 104,523 34
5. Norway Norway Insurance in Norway US$ 90,260 NOK 744,545 11
6. United Kingdom United Kingdom Insurance in United Kingdom US$ 85,846 GBP 57,375 51
7. United States United States Insurance US$ 75,284 US$ 75,284 410
8. Canada Canada Insurance in Canada US$ 68,944 CA$ 74,702 80
9. Luxembourg Luxembourg US$ 62,556 EUR 52,443 08
10. Malaysia Malaysia Insurance in Malaysia US$ 28,902 MYR 98,277 91

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