$100,953
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$10,174

Bonus

$12,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Underwriter is {{pay}} per hour.

The average pay for an Underwriter is $100,953 per year.

10%
$0.00
10%
$0.00
50%
$0.00
90%
90%
MEDIAN $0.00
10%
$63k
10%
$101k
50%
$160k
90%
90%
MEDIAN $100,953
$63,023 - $160,271
$63K
$100K
$160K
MEDIAN: $100,953
10%
50%
90%
$0$176K
Salary $63,023 - $160,271
Bonus $2,061 - $79,506
Profit Sharing $12,000
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).
)
$64,971 - $176,639
  • Country: Bermuda
  • Currency: USD
  • Updated: 22 Mar 2019
  • Individuals Reporting: 15

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

Pay Difference by Location

39%

National Average: $108,000

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

Key Stats for Underwriter

Gender

Female
75 %
Male
25 %
1-4 years
33%
5-9 years
20%
10-19 years
47%

Experience Affects Underwriter Salaries

▲53%

National Average
$108,000

▼12%

Gender

Female
75 %
Male
25 %

Years of Experience

1-4 years
33%
5-9 years
20%
10-19 years
47%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 100%
vision benefits
Vision: 91%
no benefits
None: