An Underwriter in Vancouver, British Columbia earns an average salary of C$50,007 per year. Most people with this job move on to other positions after 20 years in this field.

C$40,854 - C$68,318
C$41K
C$51K
C$68K
MEDIAN: C$50,562
10%
50%
90%
C$0C$74K
Salary C$40,854 - C$68,318
Bonus C$1,010 - C$7,762
Profit Sharing C$1,300
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$42,025 - C$74,497
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 53

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

Key Stats for Underwriter

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
6%
1-4 years
49%
5-9 years
36%
10-19 years
8%
20 years or more
2%

Experience Affects Underwriter Salaries

Experienced
▲18%

National Average
C$52,000

▼3%

Mid-Career
▼4%

Skills That Affect Underwriter Salaries

Financial Analysis
▲4%


National Average
C$52,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
6%
1-4 years
49%
5-9 years
36%
10-19 years
8%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
vision benefits
Vision: 76%
no benefits
None: 8%