Manager, Underwriting Salary (Canada)
The average pay for a Manager, Underwriting is C$77,804 per year. Most people in this job have more than five years' experience in related jobs.
|Salary||C$55,925 - C$112,533|
|Bonus||C$2,013 - C$19,866|
|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$57,857 - C$124,649|
Job Description for Manager, Underwriting
An underwriting manager manages the process of ascertaining client eligibility; that is, they supervise the employees who work directly with clients to assess whether or not they are qualified to receive the company's product. The manager might also work directly with clients. Most often, underwriting refers to the business conducted by financial institutes such as banks, credit unions, and other lenders; underwriting is also common in the insurance and real estate industries. An underwriting manager typically has his or her own office and spends the day working directly with other employees and/or clients. They verify employment documents, perform background checks, assess eligibility and risks, and prepare paperwork. The underwriting manager is responsible for making eligibility decisions as well.Read More...
The underwriting manager must have excellent interpersonal and customer service skills, and they must be able to efficiently communicate with and delegate to employees. To succeed in underwriting, the manager must be able to communicate effectively in verbal, nonverbal, and written forms. Relevant formal education is generally not required to be a manager in this field; however, a postsecondary degree in finance, business, or a related field may be preferred. Often, a high-performing underwriting manager may be promoted to higher-level managerial positions. (Copyright 2018 PayScale.com)
Manager, Underwriting Tasks
- Recruit, manage, train, and evaluate the underwriting staff.
- Assist in the development of agency objectives and budgets.
- Establish key contacts and positive relationships with customers.
- Respond to requests from loan officers and underwriters, and serve as the technical expert on issues such as risk analysis, rate development, and general underwriting responsibilities.
- Manage the profit, growth, and retention of assigned business segments, and develop and oversee account earning plans.
Manager, Underwriting Job Listings
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