Assistant Underwriter Salary

An Assistant Underwriter earns an average salary of £25,082 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.

£17,331 - £34,768
MEDIAN: £25,081

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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.
£17,331 - £34,768  
£350.00 - £6,000  
Profit Sharing
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).
£17,452 - £39,253  
Country: United Kingdom | Currency: GBP | Updated: 17 Mar 2016 | Individuals Reporting: 114
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Assistant Underwriter Reviews

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.

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Experience Affects Assistant Underwriter Salaries

up arrow 9%

National Average

up arrow 12%

Skills That Affect Assistant Underwriter Salaries

up arrow 16%

National Average

Risk Management / Risk Control
up arrow 4%

up arrow 12%

Job Satisfaction

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


39 %
61 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 67%
dental benefits
Dental: 21%
medical benefits
Vision: 32%
dental benefits
None: 23%