Average Underwriter Salary in Canada

C$57,078
Avg. Base Salary (CAD)
10%
CA$45k
MEDIAN
CA$57k
90%
CA$81k

The average salary for an Underwriter is C$57,078 in 2024

Base Salary
C$45k - C$81k
Bonus
C$1k - C$10k
Profit Sharing
C$974 - C$10k
Total Pay
C$45k - C$85k
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How do Underwriters Rate Their Jobs?

3.7 out of 5
(32)
Highly Satisfied
52Reviews
Based on 32 responses, the job of Underwriter has received a job satisfaction rating of 3.71 out of 5. On average, Underwriters are highly satisfied with their job.

FAQs About Underwriters

What is the highest pay for Underwriters?

Our data indicates that the highest pay for an Underwriter is CA$81k / year

What is the lowest pay for Underwriters?

Our data indicates that the lowest pay for an Underwriter is CA$45k / year

How can Underwriters increase their salary?

Increasing your pay as an Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Underwriter that oversees more junior Underwriters, this experience can increase the likelihood to earn more.