An Entry-Level Insurance Underwriter earns an average salary of C$43,090 per year.

C$36,727 - C$57,565
C$37K
C$45K
C$58K
MEDIAN: C$45,149
10%
50%
90%
C$14.09 - C$30.02
C$14
C$17
C$30
MEDIAN: C$17.27
10%
50%
90%
C$0C$59K
Salary C$36,727 - C$57,565
Bonus C$405 - C$4,848
Profit Sharing C$700
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).
)
C$34,877 - C$59,979
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 87
Hourly Data C$0C$45
Hourly Rate C$14.09 - C$30.02
Overtime C$45.16
Annual Data C$0C$59K
Bonus C$405 - C$4,848
Profit Sharing C$700
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).
)
C$34,877 - C$59,979
  • Country: United States
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 10

Job Description for Insurance Underwriter

An insurance underwriter helps assess risks, analyze payment and premiums related to those risks, and determine if a business or entity should be insured. Insurance underwriters typically work in an insurance company and must have strong accounting and statistical analysis skills.

Read More...

Insurance 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.

Insurance Underwriter Job Listings

Insurance Underwriter Advice

Q: What do you wish you knew about your job when you first started out?

Insurance Underwriter in Calgary:
"High pressure environment."
Huge learning curve, listen more and ask a lot of questions.

Key Stats for Insurance Underwriter

Gender

Female
73 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
Less than 1 year
9%
1-4 years
69%
5-9 years
22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
73 %
Male
28 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 75%
vision benefits
Vision: 67%
no benefits
None: 8%