Salary for Underwriter Jobs

Updated: 5 Feb 2012
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national salary data
National Salary Data

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$22KC$44KC$66K
SalaryC$34,583 - C$61,291  
   
BonusC$737 - C$5,150  
Profit SharingC$202.73 - C$5,523  
CommissionC$1,474 - C$10,174  
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$34,751 - C$65,349  
PayScale
Country: Canada | Currency: CAD | Updated: 5 Feb 2012 | Individuals Reporting: 484
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company salaries
Companies and Industries for Underwriter Jobs

Popular Employers

Salary Range

Intact Insurance CompanyC$36,438 - C$59,496
The Economical Insurance CompanyC$41,095 - C$48,295
Aviva Insurance Company of CanadaNot enough data
Red River Valley Mutual Insurance CompanyNot enough data
Manulife Financial CorporationNot enough data
Popular Industries

Salary Range

InsuranceC$35,064 - C$64,804
Commercial InsuranceC$36,787 - C$69,518
Mortgage Lending / Loans / Credit ProductsC$34,737 - C$61,626
Life InsuranceC$35,129 - C$63,963
Insurance BrokerageC$34,588 - C$62,896

key statistics
Key Statistics for Underwriter Jobs

Gender
Female
60%
female alumni
 
Male
40%
male alumni
Salary:C$39,351 - C$51,184 C$40,775 - C$54,240
Years of Experience
Less than 1 year
7%
1-4 years
49%
5-9 years
27%
10-19 years
14%
20 years or more
4%
Top Degrees

Salary Range

Bachelor's DegreeC$35,837 - C$61,645
Associate's DegreeC$30,410 - C$59,180
Bachelor of Arts (BA), EconomicsC$41,561 - C$108,496
Bachelor of Arts (BA), Political Science (PolySci)C$39,489 - C$47,816
Bachelor of Commerce (BCom), FinanceC$43,714 - C$66,000
Most Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 88%
vision benefits Vision: 68% employee benefits None: 6%

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career path
Career Path for Underwriter Jobs

Common Past Jobs
Common Future Jobs

Underwriter

Salary Range

C$34,751 - C$65,349
payscale
Customer Service Representative (CSR)
C$22,054 - C$44,693
Insurance Broker
C$28,383 - C$59,644
Underwriting Assistant
C$26,794 - C$45,224
 
Common Future Jobs

Underwriter

Salary Range

C$34,751 - C$65,349
payscale
Senior Underwriter
C$47,528 - C$91,336
Insurance Underwriter
C$30,523 - C$58,401
Underwriter, Personal Lines
C$31,986 - C$55,411
 

career path
Salary Map for Underwriter Jobs

Highest Salaries By City for Underwriter Jobs

Top Cities by Popularity for Underwriter Jobs

Highest Salaries By City Top Cities by Popularity

sample job description
Underwriter Job Description

People with the job title Underwriter typically fall into one of the following PayScale standard occupations.

Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

See Sample Job Descriptions for All Jobs

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