The average salary for a Junior Underwriter is C$44,026 per year. People in this job generally don't have more than 10 years' experience.

C$33,274 - C$53,107
C$33K
C$43K
C$53K
MEDIAN: C$43,034
10%
50%
90%
C$16.60 - C$23.98
C$21
MEDIAN: C$20.63
50%
C$0C$55K
Salary C$33,274 - C$53,107
Bonus C$997 - C$8,109
Profit Sharing C$1,400
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$34,092 - C$55,514
  • Country: Canada
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 97
Hourly Data C$0C$43
Hourly Rate C$20.63
Overtime C$43.50
Annual Data C$0C$55K
Bonus C$997 - C$8,109
Profit Sharing C$1,400
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$34,092 - C$55,514
  • Country: United States
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 7

Job Description for Junior Underwriter

A junior underwriter generally work under an underwriter, helping carry out the duties required in determining whether or not a loan should be given. The junior underwriter performs many of the same duties as an underwriter, such as investigating loan eligibility, making decisions on whether or not loans are to be granted, and explaining why a loan was granted or denied as required. Quality checks and reports are often required of a junior underwriter. They also put together documentation, update data, and create reports relating to the loans.

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Junior Underwriter Tasks

  • Assist with underwriting process.
  • Sign off on underwriting conditions.
  • Enter and track information, ensure files are completed.
  • Review and monitor loans.

Junior Underwriter Job Listings

Key Stats for Junior Underwriter

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.
Less than 1 year
7%
1-4 years
64%
5-9 years
24%
10-19 years
5%

Experience Affects Junior Underwriter Salaries

Mid-Career
▲12%

▼0%

National Average
C$44,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
7%
1-4 years
64%
5-9 years
24%
10-19 years
5%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 87%
vision benefits
Vision: 66%
no benefits
None: 6%