A Senior Underwriter earns an average salary of AU$105,454 per year. The skills that increase pay for this job the most are Financial Analysis and Insurance.

AU$70,008 - AU$160,918
AU$70K
AU$110K
AU$160K
MEDIAN: AU$105,454
10%
50%
90%
AU$0AU$177K
Salary AU$70,008 - AU$160,918
Bonus AU$3,931 - AU$25,000
Profit Sharing AU$2,500
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).
)
AU$71,586 - AU$177,809
  • Country: Australia
  • Currency: AUD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 70

Senior Underwriter Job Listings

Pay by Experience Level for Senior Underwriter

Pay by Experience for a Senior Underwriter has a positive trend. An entry-level Senior Underwriter with less than 5 years of experience can expect to earn an average total compensation of AU$87,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$113,000 based on 28 salaries. An experienced Senior Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$128,000 based on 40 salaries. A Senior Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$125,000 based on 15 salaries.

Pay Difference by Location

National Average: AU$114,350

Larger city markers indicate a job is popular in that location.

Senior Underwriter Reviews

Q: What is it like working as a Senior Underwriter?

Senior Underwriter in Melbourne:
"I specialise in Commercial and Farm packages."
Pros: The people, the environment and the experience the job involves.
Cons: Lack of remuneration acknowledgement of job role.

Senior Underwriter in Perth:
"Insurance Underwriter."
Pros: Independance of workflow and ability to make decisions.
Cons: Large workflow and tight deadlines.

Related Job Salaries

Key Stats for Senior Underwriter

Gender

Female
47 %
Male
53 %
Less than 1 year
1%
1-4 years
10%
5-9 years
21%
10-19 years
46%
20 years or more
21%

Experience Affects Senior Underwriter Salaries

▲12%

▲9%

National Average
AU$114,000

▼1%

▼24%

Skills That Affect Senior Underwriter Salaries


▲13%

National Average
AU$114,000


Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
21%
10-19 years
46%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 9%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 91%