A Senior Underwriter earns an average salary of AU$104,414 per year. A skill in Financial Analysis is associated with high pay for this job.

AU$68,855 - AU$158,744
AU$69K
AU$110K
AU$160K
MEDIAN: AU$106,060
10%
50%
90%
AU$0AU$177K
Salary AU$68,855 - AU$158,744
Bonus AU$3,319 - AU$24,832
Profit Sharing AU$3,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
AU$69,763 - AU$177,411
  • Country: Australia
  • Currency: AUD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 68

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United States (change)

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Senior Underwriter Job Listings

Pay by Experience Level for Senior Underwriter

Pay by Experience for a Senior Underwriter has a positive trend. An entry-level Senior Underwriter with less than 5 years of experience can expect to earn an average total compensation of AU$99,000 based on 15 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$116,000 based on 26 salaries. An experienced Senior Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$129,000 based on 39 salaries. A Senior Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$132,000 based on 16 salaries.

Pay Difference by Location

National Average: AU$115,637

Larger city markers indicate a job is popular in that location.

Senior Underwriter Reviews

Q: What is it like working as a Senior Underwriter?

Senior Underwriter in Melbourne:
"I specialise in Commercial and Farm packages."
Pros: The people, the environment and the experience the job involves.
Cons: Lack of remuneration acknowledgement of job role.

Senior Underwriter in Perth:
"Insurance Underwriter."
Pros: Independance of workflow and ability to make decisions.
Cons: Large workflow and tight deadlines.

Related Job Salaries

Key Stats for Senior Underwriter

Gender

Female
50 %
Male
50 %
Less than 1 year
1%
1-4 years
14%
5-9 years
20%
10-19 years
42%
20 years or more
22%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Underwriter Salaries

Late-Career
▲15%

▲12%

▼0%

National Average
AU$116,000

Entry-Level
▼15%

Skills That Affect Senior Underwriter Salaries

Financial Analysis
▲20%

Insurance
▲3%

National Average
AU$116,000

Risk Management / Risk Control
▼37%

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
20%
10-19 years
42%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 9%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 91%
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