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Underwriting Technician Salary

It's impossible to make it big as a Underwriting Technicians in the United States; the average employee scrapes together only around $37K per year. A large number report receiving medical coverage from their employers and most collect dental insurance. Most Underwriting Technicians like their work and job satisfaction is high. Female Underwriting Technicians make up most of the survey respondents at 71 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.
$27,067 - $55,704
(Median)
27K
37K
51K
56K
MEDIAN: $37,231
10%
50%
75%
90%

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$11.79 - $22.88
(Median)
12
15
16
19
23
MEDIAN: $16.00
10%
25%
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
$27,067 - $55,704  
   
Bonus
$0.00 - $3,955  
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).
)
$27,050 - $56,242  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 66
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
$11.79 - $22.88  
   
Overtime
$0.07 - $28.09  
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 - $3,955  
   
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).
)
$27,050 - $56,242  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 29
United States (change)

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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Related Job Salaries

Experience Affects Underwriting Technician Salaries

Experienced
up arrow 29%

Mid-Career
up arrow 6%

National Average
$37,000

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
6%
1-4 years
43%
5-9 years
18%
10-19 years
26%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 81%
vision benefits Vision: 74% employee benefits None: 9%