£44,975
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

£3,961

Bonus

£1,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Underwriter is {{pay}} per hour.

The average pay for a Senior Underwriter is £44,975 per year.

10%
£0.00
10%
£0.00
50%
£0.00
90%
90%
MEDIAN £0.00
10%
£30k
10%
£45k
50%
£94k
90%
90%
MEDIAN £44,975
£29,794 - £93,693
£30K
£45K
£94K
MEDIAN: £44,975
10%
50%
90%
£0£102K
Salary £29,794 - £93,693
Bonus £1,002 - £16,000
Profit Sharing £1,500
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).
)
£30,870 - £102,501
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 20 Apr 2019
  • Individuals Reporting: 177

Job Description for Senior Underwriter

Senior underwriters analyze new loan applications to determine whether an applicant should be administered a loan. They may analyze the ability to pay, credit score, and how much is being requested, and the submitted information should be verified during this process. It's also important to determine whether the application fulfills certain parameters of various loans.

Read More...
Senior Underwriter Tasks
  • Assess eligibility of clients' applications to receive capital, insurance, mortgage, or credit.
  • Evaluate collateral and ensure portfolio credit quality.
  • Structure products to meet clients' needs.

Senior Underwriter Pay By Employer

$0$134K

$89,059

$84,119

$76,784

Aetna, Inc.
21 profiles
$62,000

$94,008

$91,001

$95,000

ACE Group
13 profiles
$87,000

Crum and Forster
12 profiles
$82,238

$83,350

Senior Underwriter Job Listings

Pay by Experience Level for Senior Underwriter

Pay by Experience for a Senior Underwriter has a positive trend. An entry-level Senior Underwriter with less than 5 years of experience can expect to earn an average total compensation of ₤36,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤47,000 based on 43 salaries. An experienced Senior Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤51,000 based on 47 salaries. A Senior Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤53,000 based on 28 salaries.

Pay Difference by Location

70%

National Average: £47,072

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

Related Job Salaries

Key Stats for Senior Underwriter

Gender

Female
39 %
Male
60 %
Less than 1 year
1%
1-4 years
12%
5-9 years
25%
10-19 years
38%
20 years or more
24%

Experience Affects Senior Underwriter Salaries

Late-Career
▲13%

Experienced
▲8%

National Average
₤47,000

Mid-Career
▼1%

Entry-Level
▼23%

Skills That Affect Senior Underwriter Salaries

UNDERWRITER
▲131%

▲5%

National Average
₤47,000

Risk Management / Risk Control
▼9%

Underwriting
▼15%

Gender

Female
39 %
Male
60 %

Years of Experience

Less than 1 year
1%
1-4 years
12%
5-9 years
25%
10-19 years
38%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 60%
dental benefits
Dental: 16%
vision benefits
Vision: 22%
no benefits
None: 30%