The average salary for an Entry-Level Underwriter is £23,002 per year. A skill in Insurance is associated with high pay for this job.

£16,974 - £38,679
£17K
£23K
£39K
MEDIAN: £23,001
10%
50%
90%

Add this chart to your site: 640px    300px

£7.33 - £15.05
£8
MEDIAN: £8.00
50%

Add this chart to your site: 640px    300px

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
£16,974 - £38,679  
   
Bonus
£493.16 - £5,008  
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).
)
£17,010 - £41,637  
Country: United Kingdom | Currency: GBP | Updated: 28 Oct 2016 | Individuals Reporting: 160
National Hourly Rate 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£7£14£21
Hourly Rate
£8.50  
   
Overtime
£12.75  
National Annualized 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
Bonus
£493.16 - £5,008  
   
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).
)
£17,010 - £41,637  
Country: United States | Currency: GBP | Updated: 28 Oct 2016 | Individuals Reporting: 5

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Insurance Underwriter Job Listings

Search for more jobs:

Underwriter Advice

What do you wish you knew about your job when you first started out?

Underwriter in Bristol:
"Stick With It."
You'll start at the bottom but if you put in the time and you are any good, with the right attitude you'll get to a good place after a few years. You'll learn on the job and gain experience and if you can show improvement and greater understanding you'll get further than you might think. It's not mega bucks so if that's what you want then underwriting is not your long term plan (go take actuarial exams or become a sales person) but its an interesting and engaging job with financial rewards that will put you at least at a comfortable UK average salary and a good bonus and perks.

Key Stats for Underwriter

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
Less than 1 year
5%
1-4 years
75%
5-9 years
20%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Underwriter Salaries

Insurance
up arrow 11%

Financial Analysis
up arrow 8%

National Average
₤24,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
21 %
Male
79 %

Common Health Benefits

medical benefits
Medical: 39%
dental benefits
Dental: 8%
vision benefits
Vision: 23%
dental benefits
None: 55%
ADVERTISEMENT