An Assistant Underwriter earns an average salary of £23,326 per year. The skills that increase pay for this job the most are Underwriting and Insurance. Most people with this job move on to other positions after 10 years in this career.
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).
£18,187 - £40,668
Country: United Kingdom | Currency: GBP | Updated: 18 Jan 2017 | Individuals Reporting: 56
Q: What is it like working as an Assistant Underwriter?
Assistant Underwriter in London:
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.