The average pay for an Underwriter with Insurance skills is £29,527 per year. People in this job generally don't have more than 20 years' experience. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience.

£20,979 - £54,061
£21K
£30K
£54K
MEDIAN: £30,474
10%
50%
90%
£0£58K
Salary £20,979 - £54,061
Bonus £679 - £9,983
Profit Sharing £0.00
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).
)
£21,717 - £58,260
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 24 Jul 2017
  • Individuals Reporting: 96

Find Out Exactly What You Should Be Paid

United States (change)

Underwriter Job Listings

Pay by Experience Level for Underwriter

Pay by Experience for an Underwriter has a positive trend. An entry-level Underwriter with less than 5 years of experience can expect to earn an average total compensation of ₤27,000 based on 63 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤33,000 based on 42 salaries. An experienced Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤41,000 based on 22 salaries. An Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤31,000 based on 6 salaries.

Pay Difference by Location

National Average: £31,661

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

Key Stats for Underwriter

Gender

Female
37 %
Male
63 %
1-4 years
41%
5-9 years
33%
10-19 years
18%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Experienced
▲29%

Mid-Career
▲4%

National Average
₤32,000

Late-Career
▼1%

▼15%

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
41%
5-9 years
33%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 45%
dental benefits
Dental: 10%
vision benefits
Vision: 26%
no benefits
None: 45%
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