Underwriter Salary (United Kingdom)

The average pay for an Underwriter is £26,743 per year. Most people with this job move on to other positions after 20 years in this field. Skills that are associated with high pay for this job are Underwriting and Insurance. Pay for this job rises steadily for more experienced workers, but goes down significantly for employees with more than 20 years' experience.

£17,429 - £52,328
MEDIAN: £26,742

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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.
£17,429 - £52,328  
£478.53 - £9,711  
Profit Sharing
£0.00 - £1,838  
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).
£17,633 - £55,186  
Country: United Kingdom | Currency: GBP | Updated: 17 Mar 2016 | Individuals Reporting: 475
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Insurance Underwriter Job Listings

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Popular Employer Salaries for Underwriter

Pay by Experience Level for Underwriter

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: £27,699

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

Underwriter Reviews

What is it like working as an Underwriter?

Underwriter in Newcastle:
"Great Company With Some Terrible Middle Managers."
Pros: The pay and bonus.
Cons: Terrible managers. Pressure, deadlines, no thanks. Morbid office - more like school.

Related Job Salaries

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Experience Affects Underwriter Salaries

up arrow 44%

up arrow 17%

up arrow 7%

National Average

Skills That Affect Underwriter Salaries

up arrow 24%

up arrow 13%

Risk Management / Risk Control
up arrow 10%

National Average

Financial Analysis
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 57 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: 55%
dental benefits
Dental: 16%
medical benefits
Vision: 23%
dental benefits
None: 37%