Underwriting Assistant Average Salary in Sweden 2024
How much money does a person working as Underwriting Assistant make in Sweden?
LOW
11,600
SEK AVERAGE
22,300
SEK HIGH
34,200
SEK
A person working as Underwriting Assistant in Sweden typically earns around 22,300 SEK. Salaries range from 11,600 SEK (lowest) to 34,200 SEK (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Underwriting Assistant salaries in Sweden vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Underwriting Assistant Pay Scale and Salaries in Sweden
Salary Structure and Pay Scale Comparison
20,200 SEK or more
18,000 to 20,200 SEK
13,100 SEK or less
13,100 to 18,000 SEK
 11,600 SEK |
20,300 SEK |
34,200 SEK |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Underwriting Assistant in Sweden range from 11,600 SEK (starting salary) to 34,200 SEK (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 20,300 SEK, half of the professionals who work as Underwriting Assistant in Sweden earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Underwriting Assistant in Sweden earn less than 16,800 SEK, while 75% earn more. Similarly, the chart shows that 75% earn less than 23,000 SEK while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Underwriting Assistant in Sweden compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 13,100 SEK to 18,000 SEK. About 20% of salaries are below the 13,100 SEK mark, while 10% fall within the range of 18,000 SEK to 20,200 SEK. Only 5% of individuals have salaries exceeding 20,200 SEK.
Salary Comparison by Years of Experience / Underwriting Assistant / Sweden
How do experience and age affect pay?
| 0 - 2 Years | 13,200 SEK | |
| 2 - 5 Years | +34% | 17,700 SEK |
| 5 - 10 Years | +30% | 23,000 SEK |
| 10 - 15 Years | +21% | 27,800 SEK |
| 15 - 20 Years | +9% | 30,400 SEK |
| 20+ Years | +5% | 32,000 SEK |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Underwriting Assistant and this is what we found.
Employees with less than two years of experience earn approximately 13,200 SEK.
While someone with an experience level between two and five years is expected to earn 17,700 SEK, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 23,000 SEK, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 27,800 SEK, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 30,400 SEK, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 32,000 SEK, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Underwriting Assistant / Sweden
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Underwriting Assistant.
| High School | 15,700 SEK | |
| Certificate or Diploma | +43% | 22,400 SEK |
| Bachelor's Degree | +38% | 31,000 SEK |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Underwriting Assistant in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 15,700 SEK.
Level 2: Certificate or Diploma
At this level, the average salary becomes 22,400 SEK, 43% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 31,000 SEK, 38% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Underwriting Assistant / Sweden
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Underwriting Assistant in Sweden, the average difference between the salary of male and female employees is 5%.
| Male | 22,800 SEK | |
| Female | -4% | 21,800 SEK |
Salary Comparison By Gender in Sweden for all Careers
Average Annual Salary Increment Percentage / Underwriting Assistant / Sweden
How much are annual salary increments in Sweden for individuals working as Underwriting Assistant? How often do employees get salary raises?
Individuals working as Underwriting Assistant in Sweden are likely to observe a salary increase of approximately 10% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Sweden / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Underwriting Assistant / Sweden
How much and how often are bonuses being awarded?
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71% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 29% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 29% | |
| No Bonus | 71% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Underwriting Assistant / Sweden
130 SEK per hourThe average hourly wage (pay per hour) for individuals working as Underwriting Assistant in Sweden is 130 SEK.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Underwriting Assistant in Sweden is 67 SEK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 25,400 SEK |  +14% |
| Account Executive | 40,000 SEK | +79% |
| Accountant | 33,200 SEK | +49% |
| Accounting Analyst | 41,100 SEK | +84% |
| Accounting Assistant | 26,200 SEK | +17% |
| Accounting Associate | 23,400 SEK | +5% |
| Accounting Clerk | 20,000 SEK | -10% |
| Accounting Coordinator | 30,500 SEK | +37% |
| Accounting Head | 63,400 SEK | +180% |
| Accounting Manager | 67,100 SEK | +200% |
| Accounting Officer | 25,000 SEK | +12% |
| Accounting Specialist | 46,200 SEK | +110% |
| Accounting Supervisor | 45,600 SEK | +100% |
| Accounting Technician | 22,300 SEK | -0% |
| Accounting Unit Controller | 56,500 SEK | +150% |
| Accounts Executive | 43,200 SEK | +93% |
| Accounts Officer | 26,900 SEK | +20% |
| Accounts Payable and Receivable Specialist | 32,900 SEK | +47% |
| Accounts Payable Assistant | 25,500 SEK | +14% |
| Accounts Payable Associate | 29,900 SEK | +34% |
| Accounts Payable Clerk | 23,700 SEK | +6% |
| Accounts Payable Manager | 63,600 SEK | +180% |
| Accounts Receivable Administrator | 46,400 SEK | +110% |
| Accounts Receivable Clerk | 24,200 SEK | +8% |
| Accounts Receivable Financial Analyst | 45,100 SEK | +100% |
| Accounts Receivable Manager | 63,700 SEK | +190% |
| Accounts Receivable Team Leader | 50,000 SEK | +120% |
| Algorithmic Trading Specialist | 56,900 SEK | +150% |
| Assistant Accountant | 25,900 SEK | +16% |
| Assistant Accounting Manager | 63,300 SEK | +180% |
| Assistant Auditor | 32,000 SEK | +43% |
| Assistant Corporate Controller | 45,700 SEK | +100% |
| Assistant Finance Manager | 65,700 SEK | +190% |
| Assistant Financial Controller | 45,300 SEK | +100% |
| Audit Director | 74,200 SEK | +230% |
| Audit Supervisor | 62,600 SEK | +180% |
| Auditing Clerk | 26,900 SEK | +20% |
| Auditing Manager | 67,000 SEK | +200% |
| Billing Clerk | 24,200 SEK | +8% |
| Billing Coordinator | 29,200 SEK | +31% |
| Billing Specialist | 34,400 SEK | +54% |
| Billing Supervisor | 50,600 SEK | +130% |
| Bookkeeper | 22,000 SEK | -1% |
| Bookkeeping Specialist | 30,400 SEK | +36% |
| Budget Analyst | 57,900 SEK | +160% |
| Budget Manager | 69,900 SEK | +210% |
| Business Support Analyst | 36,100 SEK | +62% |
| Capital Markets Associate | 50,100 SEK | +120% |
| Cash Flow Analyst | 51,600 SEK | +130% |
| Cash Management Manager | 68,200 SEK | +210% |
| Cash Management Officer | 36,200 SEK | +62% |
| Cashbook Clerk | 21,800 SEK | -2% |
| Chartered Accountant | 40,600 SEK | +82% |
| Chief Accountant | 47,800 SEK | +110% |
| Chief Financial Technology Officer | 65,900 SEK | +200% |
| Collections Clerk | 19,900 SEK | -11% |
| Collections Representative | 28,800 SEK | +29% |
| Collections Specialist | 34,000 SEK | +52% |
| Corporate Controller | 50,700 SEK | +130% |
| Corporate Treasurer | 63,700 SEK | +190% |
| Cost Accountant | 33,600 SEK | +50% |
| Cost Accounting Manager | 66,800 SEK | +200% |
| Cost Accounting Supervisor | 55,600 SEK | +150% |
| Cost Analyst | 54,000 SEK | +140% |
| Credit and Collection Manager | 67,800 SEK | +200% |
| Credit and Collection Staff | 24,800 SEK | +11% |
| Credit and Loans Officer | 24,700 SEK | +11% |
| Credit Controller | 46,300 SEK | +110% |
| Credit Manager | 71,800 SEK | +220% |
| Debt Adviser | 54,800 SEK | +150% |
| Debt Collector | 26,900 SEK | +20% |
| Debtors Clerk | 22,300 SEK | -0% |
| Debtors Controller | 25,000 SEK | +12% |
| Deputy CFO | 94,600 SEK | +320% |
| Deputy Head of Finance | 87,200 SEK | +290% |
| Derivative Trader | 56,800 SEK | +150% |
| Director of Finance | 99,900 SEK | +350% |
| E-commerce Accountant | 34,800 SEK | +56% |
| Economist | 80,800 SEK | +260% |
| Equity Analyst | 58,100 SEK | +160% |
| Escrow Assistant | 28,100 SEK | +26% |
| Executive Accountant | 37,800 SEK | +69% |
| External Auditor | 45,500 SEK | +100% |
| Finance Administrator | 36,700 SEK | +64% |
| Finance Analyst | 61,600 SEK | +180% |
| Finance Associate | 27,600 SEK | +24% |
| Finance Data Analyst | 55,100 SEK | +150% |
| Finance Director | 94,600 SEK | +320% |
| Finance Executive | 69,000 SEK | +210% |
| Finance Licensing Clerk | 24,500 SEK | +10% |
| Finance Licensing Manager | 65,300 SEK | +190% |
| Finance Licensing Specialist | 37,300 SEK | +67% |
| Finance Manager | 90,600 SEK | +310% |
| Finance Officer | 32,700 SEK | +46% |
| Finance President | 98,000 SEK | +340% |
| Finance Relationship Manager | 74,700 SEK | +230% |
| Finance Release Analyst | 38,300 SEK | +72% |
| Finance Specialist | 54,100 SEK | +140% |
| Finance Team Leader | 76,300 SEK | +240% |
| Financial Accountant | 33,600 SEK | +50% |
| Financial Actuary | 51,700 SEK | +130% |
| Financial Administrator | 54,000 SEK | +140% |
| Financial Advisor | 59,800 SEK | +170% |
| Financial Analyst | 57,500 SEK | +160% |
| Financial Applications Specialist | 42,600 SEK | +91% |
| Financial Assistant | 27,700 SEK | +24% |
| Financial Associate | 31,800 SEK | +42% |
| Financial Claims Analyst | 43,300 SEK | +94% |
| Financial Claims Manager | 57,900 SEK | +160% |
| Financial Claims Supervisor | 54,200 SEK | +140% |
| Financial Clerk | 24,500 SEK | +10% |
| Financial Commercial Analyst | 49,100 SEK | +120% |
| Financial Compliance Analyst | 55,300 SEK | +150% |
| Financial Compliance Officer | 54,500 SEK | +140% |
| Financial Consultant | 42,600 SEK | +91% |
| Financial Controller | 55,100 SEK | +150% |
| Financial Coordinator | 30,500 SEK | +37% |
| Financial Customer Service Manager | 57,600 SEK | +160% |
| Financial Data Scientist | 58,400 SEK | +160% |
| Financial Dealer and Broker | 34,200 SEK | +53% |
| Financial Director | 95,400 SEK | +330% |
| Financial Encoder | 28,600 SEK | +28% |
| Financial Manager | 87,800 SEK | +290% |
| Financial Modelling Analyst | 57,000 SEK | +160% |
| Financial Operations Manager | 80,800 SEK | +260% |
| Financial Policy Analyst | 50,600 SEK | +130% |
| Financial Project Manager | 69,300 SEK | +210% |
| Financial Quantitative Analyst | 55,700 SEK | +150% |
| Financial Reporting Consultant | 45,300 SEK | +100% |
| Financial Reporting Manager | 62,400 SEK | +180% |
| Financial Section Head | 64,600 SEK | +190% |
| Financial Services Manager | 85,800 SEK | +280% |
| Financial Services Sales Agent | 36,400 SEK | +63% |
| Financial Technology Consultant | 50,400 SEK | +130% |
| Financial Wellness Coach | 66,300 SEK | +200% |
| FinTech Analyst | 56,100 SEK | +150% |
| Fixed Assets Administrator | 33,000 SEK | +48% |
| Forensic Accountant | 37,700 SEK | +69% |
| Fraud Detection Supervisor | 39,200 SEK | +76% |
| Fraud Prevention Manager | 65,500 SEK | +190% |
| Fund Accountant | 31,000 SEK | +39% |
| Grants Coordinator | 24,100 SEK | +8% |
| Green Finance Analyst | 52,500 SEK | +140% |
| Group Financial Manager | 98,900 SEK | +340% |
| Internal Auditor | 43,800 SEK | +96% |
| Internal Control Adviser | 50,000 SEK | +120% |
| Internal Control Officer | 28,000 SEK | +25% |
| International Tax Director | 80,600 SEK | +260% |
| Inventory Accountant | 35,600 SEK | +59% |
| Investment Advisor | 87,500 SEK | +290% |
| Investment Analyst | 65,200 SEK | +190% |
| Investment Associate | 56,700 SEK | +150% |
| Investment Broker | 55,900 SEK | +150% |
| Investment Fund Manager | 76,100 SEK | +240% |
| Investment Operations Manager | 74,900 SEK | +240% |
| Investment Underwriter | 29,200 SEK | +31% |
| Investor | 42,300 SEK | +89% |
| Investor Relations Manager | 66,500 SEK | +200% |
| KYC Team Leader | 66,300 SEK | +200% |
| Loan Processor | 26,500 SEK | +19% |
| Management Accountant | 36,100 SEK | +62% |
| Management Economist | 77,000 SEK | +240% |
| Paymaster | 27,500 SEK | +23% |
| Payroll Administrator | 41,400 SEK | +85% |
| Payroll Benefits Coordinator | 34,900 SEK | +56% |
| Payroll Billing Manager | 58,300 SEK | +160% |
| Payroll Clerk | 27,700 SEK | +24% |
| Payroll Manager | 58,600 SEK | +160% |
| Payroll Officer | 28,000 SEK | +25% |
| Payroll Specialist | 33,800 SEK | +51% |
| Payroll Supervisor | 41,200 SEK | +85% |
| Pensions Administrator | 35,000 SEK | +57% |
| Personal Financial Advisor | 48,400 SEK | +120% |
| Pricing Analyst | 53,100 SEK | +140% |
| Private Equity Analyst | 57,700 SEK | +160% |
| Project Accountant | 36,400 SEK | +63% |
| Proposal Development Coordinator | 29,400 SEK | +32% |
| Quantitative Trader | 46,600 SEK | +110% |
| Receivables Accountant | 31,300 SEK | +40% |
| Regulatory Accountant | 34,900 SEK | +56% |
| Retirement Plan Analyst | 50,700 SEK | +130% |
| Revenue Management Specialist | 53,200 SEK | +140% |
| Revenue Recognition Analyst | 60,700 SEK | +170% |
| Risk Management Director | 80,500 SEK | +260% |
| Risk Management Supervisor | 66,900 SEK | +200% |
| Staff Accountant | 32,300 SEK | +45% |
| Tax Accountant | 31,200 SEK | +40% |
| Tax Administrator | 34,200 SEK | +53% |
| Tax Advisor | 48,700 SEK | +120% |
| Tax Analyst | 49,100 SEK | +120% |
| Tax Associate | 28,300 SEK | +27% |
| Tax Consultant | 51,700 SEK | +130% |
| Tax Director | 75,800 SEK | +240% |
| Tax Examiner | 35,500 SEK | +59% |
| Tax Manager | 69,600 SEK | +210% |
| Tax Research Manager | 70,200 SEK | +210% |
| Teller | 18,700 SEK | -16% |
| Treasury Accountant | 34,400 SEK | +54% |
| Treasury Analyst | 54,300 SEK | +140% |
| Underwriter | 23,600 SEK | +6% |
| Underwriting Assistant | 22,300 SEK | -0% |
| Vice President of Finance | 87,100 SEK | +290% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Sweden is 5% on average across all career fields.
| Private Sector | 44,200 SEK | |
| Public Sector | +5% | 46,300 SEK |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Underwriting Assistant in Sweden?
A good and competitive compensation would range anywhere between 20,300 SEK and 23,000 SEK. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Underwriting Assistant in Sweden ranges from 11,600 SEK to 16,800 SEK. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
