Insurance lawyer salary

What does an Insurance Lawyer do?

An insurance lawyer primarily works to provide legal advice and manage legal issues within the insurance industry. This can involve interpreting insurance contracts, handling claims, and representing insurance companies in legal disputes. The work environment is often office-based, but there may also be travel and meetings with clients or in courts.

Insurance Lawyer salary and salary statistics

What does an Insurance Lawyer earn? The average salary for an insurance lawyer is 66 500 SEK per month. Men in the profession earn an average of 69,200 SEK, while women earn 64 600 SEK, meaning that women's salaries constitute 93% of men's. The hourly wage for a part-time employee is around 400 SEK.

• Highest salary for men: 69,500 SEK
• Highest salary for women: 65,300 SEK
• Lowest salary for women: 50,500 SEK
• Lowest salary for men: 69,200 SEK

Salary development over time

We see that the salary development for insurance lawyers has been positive. Last year, the average salary was 63 300 SEK, which means an increase to today's 66 500 SEK.

Education and qualifications

To become an insurance lawyer, a law degree is required, which means that one has completed education at a university or college. Often, specialization in insurance law or business law is also required.

Common benefits and work environment

Common benefits for insurance lawyers often include a company mobile phone, the possibility of remote work, and paid further education. The work environment is usually stable and predictable, but there can be stressful periods during legal processes or when handling complicated claims.

Competition and challenges

According to the Swedish Public Employment Service, the job opportunities as an insurance lawyer are medium, and the recruitment situation is assessed to be balanced. In five years, demand is expected to remain unchanged.

Key facts about Insurance Lawyer

• Salary range: 50,500–69,500 SEK
• Education: Law degree with specialization
• Work environment: Office, sometimes travel and meetings

Tips for aspiring Insurance Lawyers

For those considering becoming an insurance lawyer, it is important to stay updated on legal changes and insurance terms. Choose a specialization that is in demand within the industry and consider building a network through internships or summer jobs during your studies.

Career paths and future prospects

With experience, an insurance lawyer can advance to roles such as senior advisor, department head, or even partner in a law firm. Alternatively, one can further specialize in a specific area to become an expert in their field.

Tips on what can positively affect salary

Experience, responsibility, and further education can have a significant impact on salary. Working in a sought-after specialization or in a larger city like Stockholm can also positively influence salary.

Frequently asked questions about Insurance Lawyer

• What does an Insurance Lawyer earn? An insurance lawyer earns on average 66 500 SEK per month.
• How do you become an Insurance Lawyer? You need a law degree, often with a specialization in insurance law.
• Is it easy to get a job? The opportunities are assessed to be medium according to the Swedish Public Employment Service.
• Is it stressful to work as an Insurance Lawyer? It can be stressful during legal processes and complicated cases.
• What qualities are important as an Insurance Lawyer? Attention to detail, analytical skills, and strong communication skills are important.