Assistant Underwriter Salary

An Assistant Underwriter earns an average salary of £25,464 per year. A skill in Underwriting is associated with high pay for this job. People in this job generally don't have more than 10 years' experience.

£17,088 - £34,605

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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.
)
£0£14K£28K£42K
Salary
£17,088 - £34,605  
   
Bonus
£401.34 - £7,195  
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).
)
£17,270 - £39,475  
Country: United Kingdom | Currency: GBP | Updated: 18 Jul 2015 | Individuals Reporting: 95
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Assistant Underwriter Reviews

What is it like working as an Assistant Underwriter?

Assistant Underwriter in London:
"Insurance"
Pros: Varied topics and occupancy of risks, broker relations - working face to face with a variety of people. Being in the City - Lloyds. Site visits, travel opportunities. Use maths, wording knowledge, project work, indepth research and reading, geographical spread of risk and people contact, very varied skill base required but nothing to a ridiculously high standard.
Cons: Quiet/ down time can be boring. Waiting for authority is frustrating. Everyone knows everyone - quite gossipy.

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Experience Affects Assistant Underwriter Salaries

Mid-Career
up arrow 6%

National Average
₤27,000

Entry-Level
up arrow 13%

Skills That Affect Assistant Underwriter Salaries

Underwriting
up arrow 13%

National Average
₤27,000

Risk Management / Risk Control
up arrow 7%

Insurance
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
7%
1-4 years
57%
5-9 years
33%
10-19 years
1%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 67% dental benefits Dental: 18%
vision benefits Vision: 27% employee benefits None: 23%
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