The average pay for an Underwriter with Insurance skills is £29,527 per year. People in this job generally don't have more than 20 years' experience. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience.

£20,608 - £54,827
£21K
£30K
£55K
MEDIAN: £30,315
10%
50%
90%
£0£62K
Salary £20,608 - £54,827
Bonus £967 - £10,094
Profit Sharing £0.00
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).
)
£21,638 - £62,376
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 21 Oct 2017
  • Individuals Reporting: 89

Underwriter Job Listings

Pay by Experience Level for Underwriter

Pay by Experience for an Underwriter has a positive trend. An entry-level Underwriter with less than 5 years of experience can expect to earn an average total compensation of ₤27,000 based on 63 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤33,000 based on 42 salaries. An experienced Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤41,000 based on 22 salaries. An Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤31,000 based on 6 salaries.

Pay Difference by Location

National Average: £31,308

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

Key Stats for Underwriter

Gender

Female
39 %
Male
61 %
1-4 years
40%
5-9 years
35%
10-19 years
20%
20 years or more
5%

Experience Affects Underwriter Salaries

Experienced
▲30%

Mid-Career
▲5%

Late-Career
▼0%

National Average
₤31,000

▼14%

Gender

Female
39 %
Male
61 %

Years of Experience

1-4 years
40%
5-9 years
35%
10-19 years
20%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 46%
dental benefits
Dental: 11%
vision benefits
Vision: 24%
no benefits
None: 45%