Average Early-Career Insurance Underwriter, Commercial Property Salary in United Kingdom

£23,123
Avg. Salary
£1,017
Bonus
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The average salary for an Early-Career Insurance Underwriter, Commercial Property in United Kingdom is £23,123.
10%
£18k
MEDIAN
£23k
90%
£28k
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United States (change)
Salary
£18k - £28k
Bonus
£300 - £2k
Total Pay
£18k - £29k

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Job Description for Insurance Underwriter, Commercial Property

Insurance Underwriter, Commercial Property 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.

Insurance Underwriter, Commercial Property Job Listings

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Pay by Experience Level for Insurance Underwriter, Commercial Property

A mid-career Insurance Underwriter, Commercial Property with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £23,000 based on 5 salaries. An experienced Insurance Underwriter, Commercial Property with 10-19 years of experience earns an average total compensation of £33,000 based on 7 salaries. In their late career (20 years and higher), employees earn an average total compensation of £29,325.

Years of Experience

This data is based on 20 survey responses.
Mid Career
25.0%
Experienced
35.0%
Late Career
40.0%

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