Underwriting Technician Salary

Underwriting Technicians aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $39K annually. Female Underwriting Technicians make up most of the survey respondents at 76 percent. The majority of workers are highly satisfied with their job. Medical benefits are awarded to most, and a strong majority earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.

$28,652 - $58,661
(Median)
$29K
$39K
$59K
MEDIAN: $39,312
10%
50%
90%

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$11.63 - $20.36
(Median)
$12
$16
$20
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Salary
$28,652 - $58,661  
   
Bonus
$0.00 - $4,500  
Profit Sharing
$1,028  
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).
)
$27,583 - $56,975  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 61
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$11.63 - $20.36  
   
Overtime
$0.00 - $28.77  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$0.00 - $4,500  
   
Profit Sharing
$1,028  
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).
)
$27,583 - $56,975  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 37
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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 15%

Mid-Career
up arrow 5%

National Average
$38,000

Entry-Level
up arrow 13%

Job Satisfaction

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

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
7%
1-4 years
41%
5-9 years
20%
10-19 years
27%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 72%
dental benefits
None: 12%
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