How much does a Underwriting Assistant make?
An Underwriting Assistant plays a crucial role in the insurance and financial sectors. They help in assessing risks and preparing insurance policies. On average, an Underwriting Assistant earns about $55,155 a year. This salary can vary based on experience, location, and the company.
Looking at the salary data, the majority of Underwriting Assistants earn between $43,503 and $64,529 annually. The salary range starts lower for those new to the field and grows as experience increases. Job seekers can expect competitive pay as they gain more skills and knowledge in underwriting.
What are the highest paying cities for a Underwriting Assistant?
-
Los Angeles, CA
Average Salary: $104,428
In Los Angeles, Underwriting Assistants work in a vibrant, fast-paced environment. They help companies assess risks, often in the insurance and finance sectors. Major firms like Berkshire Hathaway and American International Group provide opportunities.
Find Underwriting Assistant jobs in Los Angeles, CA
-
Chicago, IL
Average Salary: $79,387
Chicago offers a dynamic job market for underwriting assistants. They play a key role in analyzing risk for insurance companies. The city's business hub status provides many chances to work with prominent insurers like Allstate and Aon.
Find Underwriting Assistant jobs in Chicago, IL
-
Hartford, CT
Average Salary: $64,989
Hartford, known as the insurance capital, is a great place for underwriting assistants. They assist in risk evaluation and support insurance giants like Travelers and Hartford Financial. The city's strong financial sector offers many job opportunities.
Find Underwriting Assistant jobs in Hartford, CT
-
Atlanta, GA
Average Salary: $64,196
Atlanta provides a growing market for underwriting assistants. They evaluate risks for various industries, including insurance and finance. The city’s expanding business landscape offers promising careers with companies like SunTrust and Aflac.
Find Underwriting Assistant jobs in Atlanta, GA
-
Boston, MA
Average Salary: $59,702
In Boston, underwriting assistants thrive in a rich business environment. They work closely with insurance companies and financial institutions. The city's strong economy offers roles with firms like Liberty Mutual and State Street.
Find Underwriting Assistant jobs in Boston, MA
-
Miami, FL
Average Salary: $55,247
Miami offers a lively job market for underwriting assistants. They help assess risks for diverse industries. Opportunities abound with insurance leaders like Allstate and Farmers Insurance, set in the city's bustling business environment.
Find Underwriting Assistant jobs in Miami, FL
-
San Diego, CA
Average Salary: $54,306
San Diego provides a vibrant workplace for underwriting assistants. They contribute to risk assessment in various sectors. With companies like Farmers Insurance and Wells Fargo, the city’s strong economy offers many career paths.
Find Underwriting Assistant jobs in San Diego, CA
-
Denver, CO
Average Salary: $52,792
In Denver, underwriting assistants find a supportive job market. They work in insurance and finance, helping to evaluate risks. The city's growing business scene offers jobs with firms like Travelers and State Farm.
Find Underwriting Assistant jobs in Denver, CO
What are the best companies a Underwriting Assistant can work for?
-
AXA XL
Average Salary: $81,363
AXA XL offers competitive salaries for Underwriting Assistants, with opportunities across global offices. They focus on risk management and insurance solutions. AXA XL operates in key locations like London, New York, and Hong Kong.
-
AXA
Average Salary: $77,595
AXA provides attractive salaries for Underwriting Assistants, supporting a range of insurance products. This company is active in multiple regions, including Paris, Tokyo, and Sydney.
-
USLI
Average Salary: $64,434
USLI offers a solid salary for Underwriting Assistants, with a focus on life and health insurance. They have offices in major U.S. cities like Chicago, Houston, and Los Angeles.
-
Chubb Insurance
Average Salary: $60,007
Chubb Insurance provides good compensation for Underwriting Assistants, with operations in many countries. They serve clients in areas such as Zurich, Singapore, and San Francisco.
-
Liberty Mutual Insurance
Average Salary: $58,540
Liberty Mutual Insurance offers competitive salaries for Underwriting Assistants, with a presence in key U.S. markets. They operate in cities like Boston, Denver, and Miami.
-
Berkley
Average Salary: $58,170
Berkley provides a stable salary for Underwriting Assistants, focusing on property and casualty insurance. They are active in markets like Miami, Hartford, and San Antonio.
-
Brown & Brown Insurance
Average Salary: $54,646
Brown & Brown Insurance offers a solid salary for Underwriting Assistants, with a wide network of locations. They serve clients in cities such as Tampa, Atlanta, and Las Vegas.
-
RLI
Average Salary: $53,643
RLI offers a fair salary for Underwriting Assistants, focusing on specialty insurance. They have offices in major U.S. cities, including Lincoln, Nebraska, and Reno, Nevada.
-
Ryan Specialty Group
Average Salary: $52,178
Ryan Specialty Group provides a good salary for Underwriting Assistants, with operations in several U.S. locations. They are active in markets such as Chicago, Phoenix, and San Francisco.
-
TEKsystems
Average Salary: $51,776
TEKsystems offers a competitive salary for Underwriting Assistants, with a global network. They have offices in major cities like Atlanta, Boston, and San Francisco.
How to earn more as a Underwriting Assistant?
Aspiring Underwriting Assistants can take several steps to boost their earnings. Gaining experience and specialized skills can open doors to higher-paying positions. Staying current with industry trends and technologies also helps increase value. Networking with industry professionals can lead to job opportunities that pay more. Continuing education and certifications can further enhance earning potential. Working for a company with a strong reputation and benefits package can lead to higher salaries and bonuses.
Consider these factors to earn more as an Underwriting Assistant:
- Experience: Gaining more experience in the field increases value.
- Specialized Skills: Developing skills in data analysis or risk assessment can lead to higher pay.
- Industry Trends: Staying informed about the latest trends and technologies boosts expertise.
- Networking: Building a professional network can uncover higher-paying job opportunities.
- Education and Certifications: Pursuing additional qualifications can lead to better-paying roles.
