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Underwriter Salary (Canada)

An Underwriter earns an average salary of C$48,496 per year. A skill in Financial Analysis is associated with high pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this career.
Underwriter Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$36,425 - C$64,802
(Median)
36K
48K
56K
65K
MEDIAN: C$48,495
10%
50%
75%
90%
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Underwriter Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$13.32 - C$23.28
(Median)
13
20
23
MEDIAN: C$16.00
10%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$23KC$46KC$69K
Salary
C$36,425 - C$64,802  
   
Bonus
C$387.83 - C$6,182  
Profit Sharing
C$200.00 - C$5,042  
Commission
C$486.05 - C$2,035  
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$35,862 - C$67,462  
Country: Canada | Currency: CAD | Updated: 10 Dec 2014 | Individuals Reporting: 674
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$14C$28C$42
Hourly Rate
C$13.32 - C$23.28  
   
Overtime
C$18.32 - C$40.41  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$28KC$56KC$84K
Bonus
C$387.83 - C$6,182  
   
Commission
C$486.05 - C$2,035  
Profit Sharing
C$200.00 - C$5,042  
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$35,862 - C$67,462  
Country: United States | Currency: CAD | Updated: 10 Dec 2014 | Individuals Reporting: 37
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Location:
Years in Field/Career:
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Common Career Paths for Underwriter

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Insurance Underwriter Job Listings

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Pay by Experience Level for Underwriter

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Ottawa
up arrow 7%
Halifax
up arrow 7%
up arrow 5%
Calgary
up arrow 4%
National Average
C$49,000
Mississauga
up arrow 2%
Waterloo
up arrow 6%
Edmonton
up arrow 8%
London
up arrow 8%
Oakville
up arrow 10%
Montréal
up arrow 11%
Winnipeg
up arrow 16%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Underwriter Salaries

Late-Career
up arrow 23%
Experienced
up arrow 7%
National Average
C$49,000

Skills That Affect Underwriter Salaries

National Average
C$49,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 96 votes.

Gender

Female
60%
female alumni
 
Male
40%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
45%
5-9 years
27%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 89%
vision benefits Vision: 72% employee benefits None: 5%