The average salary for an Entry-Level Underwriter is £23,801 per year. A skill in Insurance is associated with high pay for this job.

£17,251 - £38,411
£17K
£24K
£38K
MEDIAN: £23,826
10%
50%
90%
£0£42K
Salary £17,251 - £38,411
Bonus £494.35 - £5,057
Profit Sharing £0.00 - £2,564
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).
)
£17,743 - £42,191
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Sep 2017
  • Individuals Reporting: 148

Find Out Exactly What You Should Be Paid

United States (change)

Underwriter Job Listings

Underwriter Advice

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

Underwriter in Bristol:
"Stick With It."
You'll start at the bottom but if you put in the time and you are any good, with the right attitude you'll get to a good place after a few years. You'll learn on the job and gain experience and if you can show improvement and greater understanding you'll get further than you might think. It's not mega bucks so if that's what you want then underwriting is not your long term plan (go take actuarial exams or become a sales person) but its an interesting and engaging job with financial rewards that will put you at least at a comfortable UK average salary and a good bonus and perks.

Key Stats for Underwriter

Gender

Female
27 %
Male
73 %
Less than 1 year
5%
1-4 years
74%
5-9 years
22%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Underwriter Salaries

▲10%

Financial Analysis
▲5%

National Average
₤25,000

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits
Medical: 35%
dental benefits
Dental: 9%
vision benefits
Vision: 20%
no benefits
None: 55%
ADVERTISEMENT