£43,895
Avg. Base Salary (GBP)
/ year
Avg. Base Salary (GBP)
10%
£28k
MEDIAN
£44k
90%
£70k
The average salary for an Underwriter is £43,895 in 2024
Base Salary
£28k - £70k
Bonus
£1k - £16k
Total Pay
£29k - £75k
Is Average Underwriter Salary in London, England: London your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Why people quit their jobs
Why do people leave their jobs? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role.
How to ask for a raise
New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Underwriters?
Find your market worth – how it works:
FAQs About Underwriters
What is the highest pay for Underwriters in London?
Our data indicates that the highest pay for an Underwriter in London is £70k / year
What is the lowest pay for Underwriters in London?
Our data indicates that the lowest pay for an Underwriter in London is £28k / year
How can Underwriters increase their salary?
Increasing your pay as an Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Underwriter that oversees more junior Underwriters, this experience can increase the likelihood to earn more.