Average Underwriting Assistant Salary

$44,166
Avg. SalaryShow Hourly Rate
$1,984
Bonus
$1,652
Profit Sharing
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The average salary for an Underwriting Assistant is $44,166.
10%
$33k
10%
$44k
50%
$60k
90%
90%
MEDIAN $44,166
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United States (change)
Salary
$33k - $60k
Bonus
$400 - $5k
Profit Sharing
$199 - $5k
Total Pay
$31k - $59k

Your Market Worth Over Time

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Job Description for Underwriting Assistant

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.
The top respondents for the job title Underwriting Assistant are from the companies State Farm Insurance Company, The Chubb Corporation and Amwins Group, Inc.. Reported salaries are highest at The Chubb Corporation where the average pay is $47,327. Other companies that offer high salaries for this role include Zurich Insurance Company and Burns and Wilcox, Ltd., earning around $46,312 and $46,055, respectively. Risk Placement Services, Inc. pays the lowest at around $36,174. State Farm Insurance Company and WR Berkley Corporation also pay on the lower end of the scale, paying $36,222 and $42,000, respectively.

Career Paths

Explore the most common career paths for Underwriting Assistant. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Underwriting Assistant
Underwriter
Insurance Underwriter
Senior Underwriter
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Underwriting Assistant Job Listings

Popular Skills for Underwriting Assistant

Skills in Insurance, Microsoft Office and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Oral / Verbal Communication and Customer Service.

Pay by Experience Level for Underwriting Assistant

An entry-level Underwriting Assistant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $40,199 based on 147 salaries. An early career Underwriting Assistant with 1-4 years of experience earns an average total compensation of $41,592 based on 562 salaries. A mid-career Underwriting Assistant with 5-9 years of experience earns an average total compensation of $44,614 based on 187 salaries. An experienced Underwriting Assistant with 10-19 years of experience earns an average total compensation of $48,360 based on 192 salaries. In their late career (20 years and higher), employees earn an average total compensation of $52,998.
Employees with Underwriting Assistant in their job title in New York, New York earn an average of 25.1% more than the national average. These job titles also find higher than average salaries in San Francisco, California (23.1% more) and Chicago, Illinois (16.9% more). The lowest salaries can be found in Dallas, Texas (8.3% less) and Richmond, Virginia (2.7% less).

Years of Experience

This data is based on 1,215 survey responses.
Entry Level
12.1%
Early Career
46.3%
Mid Career
15.4%
Experienced
15.8%
Late Career
10.5%