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Salary

How much does a Underwriting Assistant make?

The average salary for a Underwriting Assistant is $52,850 per year in the US.

An Underwriting Assistant plays a key role in the insurance and financial services industries. They help to assess and decide the risk of insuring clients. This role often serves as a stepping stone into higher-level underwriting positions. The average yearly salary for an Underwriting Assistant is around $52,850. This figure can vary based on location, experience, and the size of the company.


The salary for an Underwriting Assistant can range widely. Here are some common salaries:

  • The lowest 10% earn about $32,628.
  • The next 20% earn between $37,057 and $45,916.
  • The middle 50% earn between $41,486 and $63,633.
  • The top 10% earn above $68,062.
These figures provide a good overview of what one might expect to earn in this role.

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What are the highest paying cities for a Underwriting Assistant?

Los Angeles and Chicago offer some of the best salaries for Underwriting Assistants, with average earnings of $112,024 and $77,253, respectively. These cities present great opportunities for job seekers looking to maximize their earnings. Atlanta, Miami, San Diego, and Denver also provide competitive salaries, though slightly lower than the top two.
Graph displaying highest paying cities salaries for Underwriting Assistant jobs, highlighting Los Angeles, CA with the highest at $112,024 and Denver, CO with the lowest at $53,627.
  1. Los Angeles, CA
    Average Salary: $112,024
    In Los Angeles, an Underwriting Assistant plays a key role in the city's bustling finance and insurance sectors. With major companies like Farmers Insurance Group and Anthem Blue Cross, there are plenty of opportunities for growth. The fast-paced environment offers a dynamic atmosphere for gaining valuable experience.
    Find Underwriting Assistant jobs in Los Angeles, CA


  2. Chicago, IL
    Average Salary: $77,253
    Chicago offers a unique chance for an Underwriting Assistant to work with some of the nation's largest insurance firms. Companies such as Allstate and Aon Hewitt provide a solid platform. The city's strong financial industry means plenty of networking and professional development opportunities.
    Find Underwriting Assistant jobs in Chicago, IL


  3. Atlanta, GA
    Average Salary: $63,609
    Atlanta presents a vibrant opportunity for Underwriting Assistants to thrive in a thriving tech and insurance hub. Working with companies like Aflac and SunTrust Bank, professionals gain hands-on experience. The city’s growing economy supports career advancement and learning.
    Find Underwriting Assistant jobs in Atlanta, GA


  4. Miami, FL
    Average Salary: $56,151
    Miami's dynamic market provides a rewarding environment for those in underwriting. Here, professionals work with companies like State Farm and Travelers. The city's diverse economy allows for a mix of roles and experiences, contributing to a well-rounded career.
    Find Underwriting Assistant jobs in Miami, FL


  5. San Diego, CA
    Average Salary: $54,945
    In San Diego, Underwriting Assistants benefit from a supportive and innovative work culture. Companies like Farmers Insurance and Westfield Insurance offer excellent training. The city's mild climate and beautiful surroundings make the job enjoyable and productive.
    Find Underwriting Assistant jobs in San Diego, CA


  6. Denver, CO
    Average Salary: $53,627
    Denver offers a strong support system for Underwriting Assistants, with leading firms like Nationwide and New York Life. The city's strong insurance sector provides a stable environment for learning and growth. Outdoor activities and a healthy work-life balance enhance the overall experience.
    Find Underwriting Assistant jobs in Denver, CO

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

AXA stands out among the top-paying companies for Underwriting Assistants, offering an average salary of $79,710. Liberty Mutual Insurance follows closely with an average salary of $64,900, providing a strong financial incentive. Both companies offer excellent opportunities for those looking to start or advance in this field. Another notable company is USLI, which provides an average salary of $62,901 for Underwriting Assistants. Berkley also pays well, with an average salary of $58,489, reflecting the value it places on this role. These top-tier companies recognize the importance of competitive salaries in attracting skilled professionals.
Graph displaying best paying company salaries for Underwriting Assistant jobs, highlighting AXA with the highest at $79,710 and Intact with the lowest at $38,530.
  1. AXA
    Average Salary: $79,710
    AXA, a global leader in insurance and asset management, offers a variety of roles for Underwriting Assistants. Positions are available across multiple locations, including Paris, New York, and Singapore. AXA values collaboration and innovation, making it an ideal place for career growth.


  2. Liberty Mutual Insurance
    Average Salary: $64,900
    Liberty Mutual Insurance is a Fortune 100 company that provides a range of insurance products. It offers Underwriting Assistant roles in cities like Boston, Chicago, and San Francisco. The company prioritizes professional development and offers a supportive work environment.


  3. USLI (United States Life Insurance Company)
    Average Salary: $62,901
    USLI, a subsidiary of AIG, provides life and health insurance products. Underwriting Assistants can find opportunities in New York and other major cities. The company emphasizes teamwork and offers diverse career paths.


  4. Berkley
    Average Salary: $58,489
    Berkley is a specialty insurance company that offers multiple locations for Underwriting Assistants, including New York and Chicago. The company focuses on quality customer service and professional growth.


  5. Brown & Brown Insurance
    Average Salary: $57,915
    Brown & Brown Insurance provides a range of insurance solutions. Underwriting Assistants can find roles in various locations, such as Orlando and Jacksonville. The company offers a dynamic work environment and opportunities for career advancement.


  6. RLI
    Average Salary: $53,794
    RLI provides property and casualty insurance products. Underwriting Assistants can find opportunities in cities such as Lincoln and San Francisco. The company values innovation and offers a supportive culture.


  7. Crum & Forster
    Average Salary: $52,423
    Crum & Forster specializes in commercial insurance. Underwriting Assistants can work in locations like Philadelphia and Los Angeles. The company focuses on customer satisfaction and professional development.


  8. Ryan Specialty Group
    Average Salary: $51,378
    Ryan Specialty Group offers a variety of specialty insurance products. Underwriting Assistants can find roles in locations such as Boston and Denver. The company emphasizes teamwork and offers diverse career opportunities.


  9. Hub International
    Average Salary: $41,769
    Hub International provides insurance brokerage and consulting services. Underwriting Assistants can find opportunities in cities like Chicago and Los Angeles. The company offers a collaborative work environment and career growth.


  10. Intact
    Average Salary: $38,530
    Intact is a leading Canadian insurance provider offering roles for Underwriting Assistants in cities such as Toronto and Montreal. The company focuses on customer service and professional development.

How to earn more as a Underwriting Assistant?

Earning more as an Underwriting Assistant involves several key strategies. Focusing on professional development can lead to better opportunities and higher pay. Networking within the industry opens doors to higher-paying positions. Gaining experience in different areas of underwriting can also boost earning potential. Staying updated on industry trends ensures competitiveness in the job market. Building a strong reputation can lead to salary increases and promotions.

Here are important factors to consider for increasing earnings in this role:

  1. Education and Certification: Pursuing additional education or relevant certifications can enhance skills and knowledge.
  2. Networking: Building relationships with industry professionals can lead to job opportunities and salary negotiations.
  3. Experience: Working in various underwriting areas can provide a broader skill set and higher earning potential.
  4. Industry Trends: Staying informed about changes in the industry can make an Underwriting Assistant more valuable.
  5. Professional Reputation: Developing a strong reputation can result in higher salaries and career advancement.

Currently 70 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
70 Job Openings