The average salary for a Senior Underwriter in Australia is AU$100,794.
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AU$70k - AU$161k
AU$3k - AU$25k
AU$70k - AU$180k
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Job Description for Senior Underwriter
Senior underwriters analyze new loan applications to determine whether an applicant should be administered a loan. They may analyze the ability to pay, credit score, and how much is being requested, and the submitted information should be verified during this process. It's also important to determine whether the application fulfills certain parameters of various loans. Additional information should occasionally be requested from the applicant, and all risks must be analyzed to determine the lik…Read more
Senior Underwriter Tasks
- Assess eligibility of clients' applications to receive capital, insurance, mortgage, or credit.
- Evaluate collateral and ensure portfolio credit quality.
- Structure products to meet clients' needs.
Senior Underwriter Job Listings
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Popular Skills for Senior Underwriter
Risk Management / Risk Control
Customer Relationship Management (CRM)
Skills in Insurance, Risk Management / Risk Control, Financial Analysis and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that pay less than market rate include Technical Analysis.
Pay by Experience Level for Senior Underwriter
An early career Senior Underwriter with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$85,000 based on 12 salaries. A mid-career Senior Underwriter with 5-9 years of experience earns an average total compensation of AU$102,341 based on 32 salaries. An experienced Senior Underwriter with 10-19 years of experience earns an average total compensation of AU$112,841 based on 54 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$103,517.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Senior Underwriter in their job title in Sydney, New South Wales earn an average of 6.9% more than the national average. These job titles also find higher than average salaries in Perth, Western Australia (5.6% more). The lowest salaries can be found in Brisbane, Queensland (5.7% less) and Melbourne, Victoria (4.0% less).
Years of Experience
This data is based on 124 survey responses.
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