The average salary for a Senior Underwriter in Toronto, Ontario is C$68,962 per year. Most people in this job have more than five years' experience in related jobs.

C$54,780 - C$86,805
C$55K
C$67K
C$87K
MEDIAN: C$67,404
10%
50%
90%
C$0C$90K
Salary C$54,780 - C$86,805
Bonus C$1,008 - C$10,201
Profit Sharing C$2,500
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$56,060 - C$90,786
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 100

Job Description for Senior Underwriter

Senior underwriters analyze new loan applications to determine whether an applicant should be administered a loan. They may analyze the ability to pay, credit score, and how much is being requested, and the submitted information should be verified during this process. It's also important to determine whether the application fulfills certain parameters of various loans.

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Senior Underwriter Tasks

  • Assess eligibility of clients' applications to receive capital, insurance, mortgage, or credit.
  • Evaluate collateral and ensure portfolio credit quality.
  • Structure products to meet clients' needs.

Senior Underwriter Job Listings

Key Stats for Senior Underwriter

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
1-4 years
7%
5-9 years
39%
10-19 years
30%
20 years or more
24%

Experience Affects Senior Underwriter Salaries

Experienced
▲2%

Mid-Career
▲1%

Late-Career
▲1%

National Average
C$70,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

1-4 years
7%
5-9 years
39%
10-19 years
30%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 96%
vision benefits
Vision: 78%
no benefits
None: 3%