INSURANCE SALARY IN LUXEMBOURG
GROSS SALARY
GROSS SALARY (USD)
NET SALARY
MOST TYPICAL GROSS
Salary entries: 08
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Salary entries from individual employees for Insurance in Luxembourg
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(5/5) INSURANCE INSPECTORPosted: 07 Jan 2020
Some College, 16-20 years:
"General Insurance."
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(4/5) ACCOUNT OFFICERPosted: 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."
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(3/5) INVESTMENT OPERATIONS OFFICERPosted: 07 Sep 2018
Bachelors Degree, 4-8 years:
"Back and middle office."
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(2/5) CLIENT SERVICES ADMINISTRATORPosted: 04 Jun 2018
Bachelors Degree, 12-16 years:
"Client Services Administrator."
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(1/5) ACTUARYPosted: 20 Oct 2017
Masters Degree, 4-8 years:
"Assessing capital requirements for Captives.
IBNR studies.
Actuarial studies.
SCR calculations.
ORSA calculations."
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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
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| 45K | US$ 55,448 | EUR 46,266 |
03
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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
Luxembourg • Change Location
| 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 |
SALARY BY CAREER INSURANCE LUXEMBOURG
Luxembourg • Change Location
| # | Avg. gross salary (USD) | Avg. gross salary | Salary entries | |
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| 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 |
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
Luxembourg • Change Location
| Avg. gross salary (USD) | Avg. gross salary | Salary entries | |
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| Permanent | US$ 62,556 | EUR 52,443 | 08 |
SALARY BY CITY INSURANCE LUXEMBOURG
Luxembourg • Change Location
| # | Avg. gross salary (USD) | Avg. gross salary | Salary entries | |
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| 1. | Luxembourg Insurance in Luxembourg | US$ 62,185 | EUR 51,542 | 07 |
SALARY BY COUNTRY INSURANCE
| # | Avg. gross salary (USD) | Avg. gross salary | Salary entries | ||
|---|---|---|---|---|---|
| 1. |  |
Switzerland Insurance in Switzerland | US$ 142,964 | CHF 136,125 | 16 |
| 2. |  |
Germany Insurance in Germany | US$ 101,681 | EUR 80,818 | 11 |
| 3. |  |
France Insurance in France | US$ 100,207 | EUR 79,058 | 17 |
| 4. |  |
Australia Insurance in Australia | US$ 91,588 | AU$ 104,523 | 34 |
| 5. |  |
Norway Insurance in Norway | US$ 90,260 | NOK 744,545 | 11 |
| 6. |  |
United Kingdom Insurance in United Kingdom | US$ 86,374 | GBP 58,096 | 53 |
| 7. |  |
United States Insurance | US$ 75,689 | US$ 75,689 | 413 |
| 8. |  |
Canada Insurance in Canada | US$ 68,666 | CA$ 74,496 | 81 |
| 9. |  |
Luxembourg | US$ 62,556 | EUR 52,443 | 08 |
| 10. |  |
Malaysia Insurance in Malaysia | US$ 29,050 | MYR 99,953 | 96 |
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