▼17%
C$59,738
Avg. Base Salary (CAD)
/ year
Avg. Base Salary (CAD)
10%
CA$46k
MEDIAN
CA$60k
90%
CA$83k
The average salary for an Insurance Underwriter is C$59,738 in 2025
Base Salary
C$46k - C$83k
Bonus
C$1k - C$7k
Profit Sharing
C$700 - C$3k
Total Pay
C$46k - C$85k
Is Average Insurance Underwriter Salary in Canada your job title? Find out what you should be paid
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What is the Pay by Experience Level for Insurance Underwriters?
Find your market worth – how it works:
How do Insurance Underwriters Rate Their Jobs?
Based on 12 responses, the job of Insurance Underwriter has received a job satisfaction rating of 3.3 out of 5. On average, Insurance Underwriters are satisfied with their job.
Common Health Benefits for a Insurance Underwriter
Medical
89%
Dental
91%
Vision
84%
None
7%
Gender Breakdown for Insurance Underwriters
Female
72.7%
Male
25.8%
This data is based on 66 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Underwriters
What is the highest pay for Insurance Underwriters?
Our data indicates that the highest pay for an Insurance Underwriter is CA$83k / year
What is the lowest pay for Insurance Underwriters?
Our data indicates that the lowest pay for an Insurance Underwriter is CA$46k / year
How can Insurance Underwriters increase their salary?
Increasing your pay as an Insurance Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Underwriter that oversees more junior Insurance Underwriters, this experience can increase the likelihood to earn more.