The average pay for an Underwriting Assistant is $39,354 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. A skill in Financial Analysis is associated with high pay for this job.
Underwriting Assistant 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.
)
$29,561 - $53,513
(Median)
30K
39K
46K
54K
MEDIAN: $39,354
10%
50%
75%
90%
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Underwriting Assistant 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.
)
$12.67 - $21.77
(Median)
13
16
19
22
MEDIAN: $16.00
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$18K$36K$54K
Salary
$29,561 - $53,513  
   
Bonus
$0.00 - $3,356  
Profit Sharing
$338.37 - $4,863  
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).
)
$29,122 - $53,665  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 891
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$13$26$39
Hourly Rate
$12.67 - $21.77  
   
Overtime
$17.66 - $38.04  
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$26K$52K$78K
Bonus
$0.00 - $3,356  
   
Profit Sharing
$338.37 - $4,863  
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).
)
$29,122 - $53,665  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 891
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Underwriting Assistant Job Listings

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Popular Employer Salaries for Underwriting Assistant
Job Description for Underwriting Assistant
The assistant underwriter assists the lead underwriter in assessing customers' eligibility for products such as mortgages, insurance, and credit. They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately. They must be able to accurately assess risks while remaining within their organization's regulations and relevant laws. Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.
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Underwriting Assistant 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 Underwriting Assistant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
New York
up arrow 27%
Los Angeles
up arrow 26%
San Francisco
up arrow 22%
Boston
up arrow 19%
Chicago
up arrow 18%
Denver
up arrow 5%
up arrow 3%
Alpharetta
up arrow 2%
Charlotte
up arrow 2%
National Average
$39,000
Dallas
up arrow 3%
Richmond
up arrow 13%
Austin
up arrow 15%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Underwriting Assistant Salaries

Late-Career
up arrow 22%
Experienced
up arrow 12%
Mid-Career
up arrow 4%
National Average
$39,000

Skills That Affect Underwriting Assistant Salaries

Financial Analysis
up arrow 27%
Customer Service
up arrow 3%
National Average
$39,000
Data Analysis
up arrow 8%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 208 votes.
Gender
Female
76%
female alumni
 
Male
24%
male alumni
Years of Experience
Less than 1 year
8%
1-4 years
43%
5-9 years
23%
10-19 years
18%
20 years or more
9%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 81%
vision benefits Vision: 65% employee benefits None: 8%
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