AU$63,007
Avg. Salary
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The average pay for an Underwriter in Perth, Western Australia is AU$63,007 per year.

AU$40,406 - AU$83,176
AU$40K
AU$63K
AU$83K
MEDIAN: AU$63,007
10%
50%
90%
AU$0AU$84K
Salary AU$40,406 - AU$83,176
Bonus AU$2,916
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$40,547 - AU$84,311
  • Country: Australia
  • Currency: AUD
  • Updated: 22 Sep 2018
  • Individuals Reporting: 17

Job Description for Underwriter

Underwriters work primarily in banks which handle loans and mortgages and are responsible for analyzing the risks of a loan based on the data in the application. They also oversee other information in the loan application to ensure it is accurate.

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Underwriter Tasks

  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

Underwriter Job Listings

Key Stats for Underwriter

Gender

Female
70 %
Male
30 %
Less than 1 year
6%
1-4 years
44%
5-9 years
6%
10-19 years
33%
20 years or more
11%

Experience Affects Underwriter Salaries

▲5%

▲3%

National Average
AU$64,000

▼5%

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
6%
10-19 years
33%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 8%
dental benefits
Dental: 8%
vision benefits
Vision: 8%
no benefits
None: 92%