The average salary for an Entry-Level Underwriter is C$48,610 per year.

C$38,412 - C$62,148
C$38K
C$48K
C$62K
MEDIAN: C$48,274
10%
50%
90%
C$14.39 - C$26.28
C$14
C$18
C$26
MEDIAN: C$17.71
10%
50%
90%
C$0C$65K
Salary C$38,412 - C$62,148
Bonus C$750 - C$7,126
Profit Sharing C$0.00 - C$7,851
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$37,040 - C$65,108
  • Country: Canada
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 310
Hourly Data C$0C$296
Hourly Rate C$14.39 - C$26.28
Overtime C$20.43 - C$297
Annual Data C$0C$65K
Bonus C$750 - C$7,126
Profit Sharing C$0.00 - C$7,851
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$37,040 - C$65,108
  • Country: United States
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 25

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.

Popular Employer Salaries for Underwriter

Underwriter Job Listings

Pay Difference by Location

National Average: C$48,643

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

Underwriter Advice

Q: What do you wish you knew about your job when you first started out?

Underwriter in Calgary:
"Experienced underwriter"
Continuing education, lots of experience

Key Stats for Underwriter

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.
Less than 1 year
6%
1-4 years
73%
5-9 years
21%

Skills That Affect Underwriter Salaries



National Average
C$49,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
53 %
Male
47 %

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 92%
vision benefits
Vision: 79%
no benefits
None: 5%