Position
Salary

How much does a Underwriting Assistant make?

The average salary for a Underwriting Assistant is $56,442 per year in the US.

An Underwriting Assistant helps insurance companies by checking risks and approving policies. This role is vital in the financial sector. Many people find this job interesting because it pays well. The average yearly salary for an Underwriting Assistant is around $56,442. This means that, on average, people in this job earn nearly $5,500 a month.

The salary range for Underwriting Assistants can vary. Many earn between $45,813 and $62,118 per year. For those with more experience, salaries can reach up to $78,424 a year. This shows that with time, there are good chances to earn more. Working hard and learning can help increase your salary over time.

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What are the highest paying cities for a Underwriting Assistant?

Los Angeles, CA, offers one of the highest average salaries for Underwriting Assistants, at $98,730 per year. This high pay makes it an attractive city for those in the underwriting field. Close behind are Chicago, IL, and Hartford, CT, with average salaries of $80,358 and $64,802 respectively. These cities provide competitive salaries, making them great choices for job seekers. For instance, Atlanta, GA, offers an average salary of $63,974, while Boston, MA, and Miami, FL, both hover around $60,000 annually. Denver, CO, and San Diego, CA, follow with average salaries around $50,000.
Graph displaying highest paying cities salaries for Underwriting Assistant jobs, highlighting Los Angeles, CA with the highest at $98,730 and Denver, CO with the lowest at $52,593.
  1. Los Angeles, CA
    Average Salary: $98,730
    In Los Angeles, working in underwriting offers dynamic opportunities. Companies like Allstate and Farmers Insurance lead the market. Fast-paced and diverse, it’s a city where underwriting skills make a difference.
    Find Underwriting Assistant jobs in Los Angeles, CA


  2. Chicago, IL
    Average Salary: $80,358
    Chicago’s underwriting scene thrives with major players like Allstate and State Farm. This vibrant city rewards proactive and detail-oriented professionals. The finance sector here provides a solid foundation for underwriting careers.
    Find Underwriting Assistant jobs in Chicago, IL


  3. Hartford, CT
    Average Salary: $64,802
    Hartford, known as the insurance capital, presents unique underwriting opportunities. The presence of Aetna and Travelers makes it an attractive place. Working here means being part of a historic industry hub, contributing to financial stability.
    Find Underwriting Assistant jobs in Hartford, CT


  4. Atlanta, GA
    Average Salary: $63,974
    Atlanta’s underwriting jobs are growing, supported by companies like Aflac and Allstate. The city's booming economy offers promising career paths. Here, underwriting plays a crucial role in business success.
    Find Underwriting Assistant jobs in Atlanta, GA


  5. Boston, MA
    Average Salary: $59,702
    Boston's underwriting positions are ideal for those wanting to join prestigious firms. Companies like Liberty Mutual are based here. The city's rich history in finance provides a robust environment for underwriting careers.
    Find Underwriting Assistant jobs in Boston, MA


  6. Miami, FL
    Average Salary: $55,247
    Miami’s underwriting field is on the rise with notable employers such as Allstate and Farmers. The city’s diverse economy offers varied opportunities. Working here means being part of a fast-growing, vibrant market.
    Find Underwriting Assistant jobs in Miami, FL


  7. San Diego, CA
    Average Salary: $54,024
    San Diego’s underwriting jobs thrive alongside tech and marine industries. Companies like Farmers Insurance are prominent. This coastal city offers a balanced, professional environment for underwriting roles.
    Find Underwriting Assistant jobs in San Diego, CA


  8. Denver, CO
    Average Salary: $52,593
    In Denver, underwriting roles are supported by strong companies like State Farm. The city’s thriving business scene offers diverse opportunities. Working here means being part of a dynamic, forward-thinking industry.
    Find Underwriting Assistant jobs in Denver, CO

What are the best companies a Underwriting Assistant can work for?

Underwriting Assistants find strong opportunities in AXA XL, with an average salary of $90,651. AXA also offers competitive pay at $85,849, making it a top choice. For those seeking a balance, USLI provides a respectable $64,240 on average. Companies like Chubb Insurance, Berkley, and Liberty Mutual Insurance offer solid salaries, though slightly lower than AXA XL and AXA. Brown & Brown Insurance, TEKsystems, RLI, and Intact Insurance Specialty Solutions also provide attractive compensation packages for Underwriting Assistants.
Graph displaying best paying company salaries for Underwriting Assistant jobs, highlighting AXA XL with the highest at $90,651 and Intact Insurance Specialty Solutions with the lowest at $50,988.
  1. AXA XL
    Average Salary: $90,651
    AXA XL offers competitive salaries for Underwriting Assistant roles. They provide exciting opportunities in underwriting, working across locations in New York, London, and Singapore.


  2. AXA
    Average Salary: $85,849
    At AXA, Underwriting Assistants can expect a solid salary. They contribute to underwriting decisions across offices in Paris, Madrid, and Milan, making it a global opportunity.


  3. USLI
    Average Salary: $64,240
    USLI provides a stable salary for Underwriting Assistants. They work in underwriting departments in major cities like Boston, Chicago, and San Francisco.


  4. Chubb Insurance
    Average Salary: $59,692
    Chubb Insurance offers a good salary package for Underwriting Assistants. They work in underwriting teams in New York, London, and Zurich, offering diverse career paths.


  5. Berkley
    Average Salary: $58,212
    Berkley provides an average salary for Underwriting Assistants. They work across underwriting departments in major cities such as New York, London, and Hong Kong.


  6. Liberty Mutual Insurance
    Average Salary: $58,204
    Liberty Mutual Insurance offers a decent salary for Underwriting Assistants. They work in underwriting roles in major cities like Boston, New York, and Toronto.


  7. Brown & Brown Insurance
    Average Salary: $54,096
    Brown & Brown Insurance provides a good compensation package for Underwriting Assistants. They work across underwriting departments in cities such as Orlando, Nashville, and Austin.


  8. TEKsystems
    Average Salary: $53,640
    TEKsystems offers competitive salaries for Underwriting Assistants. They provide opportunities to work in underwriting across offices in New York, Chicago, and Dallas.


  9. RLI
    Average Salary: $53,569
    RLI provides a good salary for Underwriting Assistants. They work in underwriting departments across locations like Chicago, Philadelphia, and Detroit.


  10. Intact Insurance Specialty Solutions
    Average Salary: $50,988
    Intact Insurance Specialty Solutions offers an average salary for Underwriting Assistants. They provide opportunities in underwriting roles in Toronto, Montreal, and Vancouver.

How to earn more as a Underwriting Assistant?

Becoming an Underwriting Assistant can lead to a stable career, but earning more requires dedication and the right skills. By focusing on key areas, professionals can increase their earning potential. One important factor is gaining experience. More experienced assistants often receive higher pay due to their proven track record.

Continuous learning and certification also play a crucial role. Specializing in areas like life insurance or property underwriting can make an assistant more valuable. Building a strong network within the industry helps in discovering new opportunities. Effective communication skills are essential for interacting with clients and colleagues. Lastly, maintaining a positive attitude and strong work ethic can lead to promotions and salary increases. These strategies can significantly enhance an Underwriting Assistant's earnings.

Here are five factors to consider for earning more as an Underwriting Assistant:

  1. Experience: Gaining more experience leads to higher pay.
  2. Certification: Special certifications can increase your value.
  3. Specialization: Focus on specific areas like life or property underwriting.
  4. Networking: Building a strong industry network can lead to better opportunities.
  5. Skills: Develop strong communication and work ethic skills.

Currently 41 Underwriting Assistant job openings, nationwide.

How's the job market for a Underwriting Assistant in the US?

Learn what a Underwriting Assistant does, how to become one, and understand the job outlook. Get simple steps to start your career as a Underwriting Assistant today.
Position
Overview
Underwriting Assistant
41 Job Openings