The average pay for an Assistant Underwriter is $40,709 per year. People in this job generally don't have more than 20 years' experience.
Assistant Underwriter Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$29,913 - $59,092
(Median)
30K
41K
50K
59K
MEDIAN: $40,708
10%
50%
75%
90%
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Assistant Underwriter Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.19 - $29.87
(Median)
14
19
21
30
MEDIAN: $18.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$21K$42K$63K
Salary
$29,913 - $59,092  
   
Bonus
$0.00 - $7,783  
Profit Sharing
$491.32 - $3,052  
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).
)
$30,244 - $61,376  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 139
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$14.19 - $29.87  
   
Overtime
$20.00 - $47.97  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $7,783  
   
Profit Sharing
$491.32 - $3,052  
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).
)
$30,244 - $61,376  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 139
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Assistant Underwriter Job Listings

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Job Description for Assistant Underwriter
Assistant underwriters work under accountants and other financial experts, performing writing and financial services for a company. Most of their time is spent performing risk analysis, pricing and rating products and services, processing paperwork, and auditing company files and transactions. They work closely with underwriting managers, other accountants, and company executives. They must be physically capable of spending most of the day seated, type quickly and accurately for data entry, and have filing skills for recordkeeping purposes. Assistant underwriters must be able keep company files and financial information private, as well as communicate well with other company members to collect data and financial information.
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Assistant Underwriter Tasks
  • Prepare and distribute correspondence and documentation to facilitate underwriting.
  • Collect documentation and files and deliver information to appropriate parties.
  • Communicate and coordinate with all involved parties to complete underwriting process.
  • Obtain, process, and evaluate screening materials for underwriting process.
Pay by Experience Level for Assistant Underwriter
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Assistant Underwriter Salaries

Late-Career
up arrow 18%
Experienced
up arrow 14%
National Average
$41,000
Entry-Level
up arrow 5%
Mid-Career
up arrow 6%

Skills That Affect Assistant Underwriter Salaries

Data Analysis
up arrow 2%
National Average
$41,000
Insurance
up arrow 3%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 32 votes.
Gender
Female
71%
female alumni
 
Male
29%
male alumni
Years of Experience
Less than 1 year
10%
1-4 years
37%
5-9 years
23%
10-19 years
20%
20 years or more
9%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 55% employee benefits None: 10%
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