An Underwriting Assistant earns an average salary of C$39,376 per year. Most people with this job move on to other positions after 20 years in this career. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

C$30,961 - C$48,627
C$31K
C$39K
C$49K
MEDIAN: C$39,204
10%
50%
90%
C$13.38 - C$20.75
C$13
C$16
C$21
MEDIAN: C$15.91
10%
50%
90%
C$0C$49K
Salary C$30,961 - C$48,627
Bonus C$391 - C$2,959
Profit Sharing C$1,750
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$30,469 - C$49,251
  • Country: Canada
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 219
Hourly Data C$0C$29
Hourly Rate C$13.38 - C$20.75
Overtime C$24.57
Annual Data C$0C$49K
Bonus C$391 - C$2,959
Profit Sharing C$1,750
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$30,469 - C$49,251
  • Country: United States
  • Currency: CAD
  • Updated: 18 Jan 2018
  • Individuals Reporting: 28

Job Description for Underwriting Assistant

The assistant underwriter assists the lead underwriter in assessing customers' eligibility for products such as mortgages, insurance, and credit. They may work in a variety of fields, such as bank underwriting, insurance underwriting, and real estate underwriting. In all fields, assistant underwriters must cultivate good relationships with clients and be able to obtain client information quickly and accurately. They must be able to accurately assess risks while remaining within their organization's regulations and relevant laws. Assistant underwriters typically work as a subordinate to an underwriter and work in an office environment during regular business hours, although travel may occasionally be required for risk assessment.

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Underwriting Assistant Tasks

  • Assist underwriting agents in their duties.
  • Assist in the development and monitoring of premium rates.
  • Assist business development of new business opportunities with sales and marketing efforts.
  • Assist in the evaluation and monitoring of loss potential/control from catastrophic events.
  • Enter, review and maintain accurate records of new policies and renewals.

Popular Employer Salaries for Underwriting Assistant

Common Career Paths for Underwriting Assistant


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Underwriting Assistant Job Listings

Pay by Experience Level for Underwriting Assistant

Pay by Experience for an Underwriting Assistant has a positive trend. An entry-level Underwriting Assistant with less than 5 years of experience can expect to earn an average total compensation of C$39,000 based on 83 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriting Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$42,000 based on 26 salaries. An experienced Underwriting Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$45,000 based on 14 salaries. An Underwriting Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$46,000 based on 8 salaries.

Pay Difference by Location

National Average: C$39,238

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

Underwriting Assistant Reviews

Q: What is it like working as an Underwriting Assistant?

Underwriting Assistant in Edmonton:
"Time management, stressful, work flexibility."
Pros: Co workers and managers.
Cons: Lots of paper work.

Related Job Salaries

Key Stats for Underwriting Assistant

Gender

Female
75 %
Male
25 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
Less than 1 year
15%
1-4 years
52%
5-9 years
15%
10-19 years
11%
20 years or more
7%

Experience Affects Underwriting Assistant Salaries

Late-Career
▲17%

Experienced
▲14%

Mid-Career
▲8%

National Average
C$39,000

▼1%

Skills That Affect Underwriting Assistant Salaries

National Average
C$39,000

Microsoft Excel
▼3%

Data Entry
▼8%

Customer Service
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
15%
1-4 years
52%
5-9 years
15%
10-19 years
11%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
vision benefits
Vision: 74%
no benefits
None: 6%