Underwriting Technician Salary

Those pursuing careers as Underwriting Technicians in the United States may have to make do with less; average incomes for people in this area hover around only $39K per year. Female Underwriting Technicians make up most of the survey respondents at 71 percent. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.

$28,284 - $56,219
(Median)
$28K
$39K
$56K
MEDIAN: $38,631
10%
50%
90%

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$11.84 - $22.29
(Median)
$12
$17
$22
MEDIAN: $16.00
10%
50%
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
$28,284 - $56,219  
   
Bonus
$0.00 - $4,041  
Profit Sharing
$989 - $3,521  
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).
)
$28,262 - $55,667  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 57
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$10$20$30
Hourly Rate
$11.84 - $22.29  
   
Overtime
$9.75 - $24.77  
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$20K$40K$60K
Bonus
$0.00 - $4,041  
   
Profit Sharing
$989 - $3,521  
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).
)
$28,262 - $55,667  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 30
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Job Description for Underwriting Technician

An underwriting technician, sometimes referred to as an underwriting assistant or underwriter, is the person who is responsible for determining whether customers qualify for various policies relating to insurance or loans. Generally, traditional daytime office hours are kept for this position, and little or no travel is required. This person can work with a team of others in the office or be able to work under little supervision.

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Experience Affects Underwriting Technician Salaries

Experienced
up arrow 22%

Mid-Career
up arrow 5%

National Average
$38,000

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
21%
10-19 years
26%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 74% employee benefits None: 10%
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