A Mid-Career Underwriter earns an average salary of C$52,979 per year. A skill in Financial Analysis is associated with high pay for this job.

C$42,991 - C$70,696
C$43K
C$55K
C$71K
MEDIAN: C$54,694
10%
50%
90%
C$14.95 - C$34.90
C$15
C$23
C$35
MEDIAN: C$23.36
10%
50%
90%
C$0C$75K
Salary C$42,991 - C$70,696
Bonus C$971 - C$9,658
Profit Sharing C$974 - C$6,842
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$43,100 - C$75,958
  • Country: Canada
  • Currency: CAD
  • Updated: 9 Jan 2018
  • Individuals Reporting: 188
Hourly Data C$0C$34
Hourly Rate C$14.95 - C$34.90
Overtime C$17.25
Annual Data C$0C$75K
Bonus C$971 - C$9,658
Profit Sharing C$974 - C$6,842
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$43,100 - C$75,958
  • Country: United States
  • Currency: CAD
  • Updated: 9 Jan 2018
  • Individuals Reporting: 13

Job Description for Underwriter

Underwriters work primarily in banks which handle loans and mortgages and are responsible for analyzing the risks of a loan based on the data in the application. They also oversee other information in the loan application to ensure it is accurate.

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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.

Underwriter Job Listings

Pay Difference by Location

National Average: C$56,246

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

Key Stats for Underwriter

Gender

Female
60 %
Male
40 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
5-9 years
83%
10-19 years
17%

Skills That Affect Underwriter Salaries

Financial Analysis
▲8%

National Average
C$56,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
60 %
Male
40 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
vision benefits
Vision: 75%
no benefits
None: 5%