Assistant Underwriter Salary (United States)

The average pay for an Assistant Underwriter is $40,611 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.
)
$30,322 - $56,301
(Median)
30K
35K
41K
48K
56K
MEDIAN: $40,611
10%
25%
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.
)
$13.69 - $28.83
(Median)
14
19
21
29
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$19K$38K$57K
Salary
$30,322 - $56,301  
   
Bonus
$0.00 - $4,530  
Profit Sharing
$250.00 - $3,000  
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).
)
$30,379 - $56,801  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 166
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$11$22$33
Hourly Rate
$13.69 - $28.83  
   
Overtime
$20.35 - $32.80  
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$22K$44K$66K
Bonus
$0.00 - $4,530  
   
Profit Sharing
$250.00 - $3,000  
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).
)
$30,379 - $56,801  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 166
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United States (change)
Years in Field/Career:
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
  • Assist in the evaluation and monitoring of loss potential/control from catastrophic events.
  • Enter, review and maintain accurate records of new policies and renewals.
  • Assist business development of new business opportunities with sales and marketing efforts.
  • Assist underwriting agents in their duties.
  • Assist in the development and monitoring of premium rates.

Assistant Underwriter Job Listings

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Pay by Experience Level for Assistant Underwriter
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Francisco
up arrow 10%
Houston
up arrow 10%
National Average
$41,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Assistant Underwriter Salaries

Late-Career
up arrow 18%
Experienced
up arrow 11%
National Average
$41,000
Entry-Level
up arrow 3%
Mid-Career
up arrow 6%

Skills That Affect Assistant Underwriter Salaries

Insurance
up arrow 3%
Data Analysis
up arrow 2%
National Average
$41,000
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 37 votes.
Gender
Female
68%
female alumni
 
Male
32%
male alumni
Years of Experience
Less than 1 year
12%
1-4 years
39%
5-9 years
20%
10-19 years
18%
20 years or more
11%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 80%
vision benefits Vision: 59% employee benefits None: 8%
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