The average salary for an Underwriting Assistant in Australia is AU$55,750.
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AU$45k - AU$72k
AU$1k - AU$7k
AU$45k - AU$73k
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Job Description for Underwriting Assistant
The assistant underwriter assists the lead underwriter in assessing customers' eligibility for products such as mortgages, insurance, and credit. They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately. They must be able to accurately assess risks while remaining within their organizatio…Read more
Underwriting Assistant Tasks
- Assist underwriting agents in their duties.
- Assist in the development and monitoring of premium rates.
- Assist business development of new business opportunities with sales and marketing efforts.
- Assist in the evaluation and monitoring of loss potential/control from catastrophic events.
- Enter, review and maintain accurate records of new policies and renewals.
Underwriting Assistant Job Listings
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Popular Skills for Underwriting Assistant
Skills in Insurance, Data Processing and Administration are correlated to pay that is above average. Skills that pay less than market rate include Customer Service.
Pay by Experience Level for Underwriting Assistant
An early career Underwriting Assistant with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$55,553 based on 25 salaries. A mid-career Underwriting Assistant with 5-9 years of experience earns an average total compensation of AU$57,519 based on 7 salaries. An experienced Underwriting Assistant with 10-19 years of experience earns an average total compensation of AU$56,026 based on 8 salaries.
Years of Experience
This data is based on 40 survey responses.
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