The average pay for an Insurance Underwriter is C$49,493 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

C$37,516 - C$71,136
C$38K
C$49K
C$71K
MEDIAN: C$49,493
10%
50%
90%

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C$19.14 - C$32.72
C$26
MEDIAN: C$25.73
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$25KC$50KC$75K
Salary
C$37,516 - C$71,136  
   
Bonus
C$412.17 - C$10,137  
Profit Sharing
C$608 - C$5,721  
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).
)
C$37,946 - C$72,813  
Country: Canada | Currency: CAD | Updated: 25 Mar 2017 | Individuals Reporting: 101
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$16C$32C$48
Hourly Rate
C$25.73  
   
Overtime
C$45.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$25KC$50KC$75K
Bonus
C$412.17 - C$10,137  
   
Profit Sharing
C$608 - C$5,721  
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).
)
C$37,946 - C$72,813  
Country: United States | Currency: CAD | Updated: 25 Mar 2017 | Individuals Reporting: 6

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United States (change)

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Insurance Underwriter Job Listings

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Pay by Experience Level for Insurance Underwriter

Pay by Experience for an Insurance Underwriter has a positive trend. An entry-level Insurance Underwriter with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 44 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 37 salaries. An experienced Insurance Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 37 salaries. An Insurance Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $51,000 based on 18 salaries.

Pay Difference by Location

National Average: C$49,927

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

Key Stats for Insurance Underwriter

Gender

Female
68 %
Male
32 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
Less than 1 year
3%
1-4 years
29%
5-9 years
24%
10-19 years
27%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Underwriter Salaries

Experienced
▲18%

Mid-Career
▲2%

Late-Career
▲2%

National Average
C$50,000

▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
3%
1-4 years
29%
5-9 years
24%
10-19 years
27%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
vision benefits
Vision: 77%
no benefits
None: 8%