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.

C$55,925 - C$112,533
C$56K
C$78K
C$110K
MEDIAN: C$77,879
10%
50%
90%
C$0C$124K
Salary C$55,925 - C$112,533
Bonus C$2,013 - C$19,866
Profit Sharing C$2,370
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
  • Country: Canada
  • Currency: CAD
  • Updated: 9 Jan 2018
  • Individuals Reporting: 62

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.

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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

Pay Difference by Location

National Average: C$81,012

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

Key Stats for Manager, Underwriting

Gender

Female
60 %
Male
40 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
Less than 1 year
2%
1-4 years
3%
5-9 years
18%
10-19 years
44%
20 years or more
34%

Experience Affects Manager, Underwriting Salaries

Experienced
▲7%

National Average
C$81,000

Mid-Career
▼3%

Late-Career
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
3%
5-9 years
18%
10-19 years
44%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 92%
vision benefits
Vision: 79%
no benefits
None: 4%