An Assistant Underwriter earns an average salary of £25,506 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.

£18,106 - £34,965
£18K
£26K
£35K
MEDIAN: £25,506
10%
50%
90%

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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
£18,106 - £34,965  
   
Bonus
£150.00 - £8,750  
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).
)
£18,393 - £40,411  
Country: United Kingdom | Currency: GBP | Updated: 25 Mar 2017 | Individuals Reporting: 51
© PayScale, Inc. @ www.payscale.com

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Common Career Paths for Assistant Underwriter


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Assistant Underwriter Job Listings

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Pay Difference by Location

National Average: £25,812

Larger city markers indicate a job is popular in that location.

Assistant Underwriter Reviews

Q: 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.

Related Job Salaries

Key Stats for Assistant Underwriter

Gender

Female
26 %
Male
74 %
Less than 1 year
6%
1-4 years
65%
5-9 years
25%
10-19 years
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Assistant Underwriter Salaries

Mid-Career
▲19%

National Average
₤26,000

Entry-Level
▼11%

Skills That Affect Assistant Underwriter Salaries

Underwriting
▲18%

▲16%

National Average
₤26,000

Risk Management / Risk Control
▼3%

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
6%
1-4 years
65%
5-9 years
25%
10-19 years
4%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 21%
vision benefits
Vision: 34%
dental benefits
None: 24%
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