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Assistant Underwriter Salary (United Kingdom)

An Assistant Underwriter earns an average salary of £26,321 per year. Most people with this job move on to other positions after 10 years in this career.
Assistant Underwriter Salary (?
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.
)
£16,705 - £35,880
(Median)
17K
20K
26K
32K
36K
MEDIAN: £26,320
10%
25%
50%
75%
90%
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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.
)
£0£14K£28K£42K
Salary
£16,705 - £35,880  
   
Bonus
£397.32 - £7,148  
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).
)
£16,894 - £40,398  
Country: United Kingdom | Currency: GBP | Updated: 2 Sep 2014 | Individuals Reporting: 81
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Assistant Underwriter Job Listings

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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 7%
National Average
₤28,000
Entry-Level
up arrow 15%

Job Satisfaction

Satisfied Image
Satisfied
Rated 3 out of 5 based on 11 votes.

Gender

Female
48%
female alumni
 
Male
52%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
60%
5-9 years
28%
10-19 years
2%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 20%
vision benefits Vision: 23% employee benefits None: 22%