Position
Salary

How much does a Underwriting Assistant make?

The average salary for a Underwriting Assistant is $51,516 per year in the US.

Underwriting Assistants play a vital role in the insurance industry. They help companies decide whether to offer a policy. The average yearly salary for this job is around $51,516. This is a good income for people starting out in the industry.


The salary range for Underwriting Assistants can vary. The lowest-paid 10% earn around $31,000 a year. The highest-paid 10% earn about $82,500 a year. Most Underwriting Assistants fall somewhere in the middle of this range. This shows that with experience and skills, there is room to grow. Many find the job rewarding both in terms of salary and job satisfaction.

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What are the highest paying cities for a Underwriting Assistant?

Cities with higher pay for Underwriting Assistant jobs can boost your career. Los Angeles and Chicago offer top salaries at $132,324 and $68,136 respectively. Sacramento and Atlanta, with averages of $65,616 and $63,954, also provide good earning potential.
Graph displaying highest paying cities salaries for Underwriting Assistant jobs, highlighting Los Angeles, CA with the highest at $132,324 and Atlanta, GA with the lowest at $63,954.
  1. Los Angeles, CA
    Average Salary: $132,324
    In Los Angeles, working as an Underwriting Assistant can be both rewarding and dynamic. With companies like Liberty Mutual and Farmers Insurance, professionals in this role will be part of a thriving industry. They will help evaluate insurance applications and support underwriters in making informed decisions.
    Find Underwriting Assistant jobs in Los Angeles, CA


  2. Chicago, IL
    Average Salary: $68,136
    Chicago offers a bustling environment for those entering the field of underwriting. Working with major firms such as Allstate and State Farm, Underwriting Assistants in Chicago play a key role in assessing risks. They collaborate with experienced underwriters to ensure policies are fair and accurate.
    Find Underwriting Assistant jobs in Chicago, IL


  3. Sacramento, CA
    Average Salary: $65,616
    Sacramento presents a unique opportunity for aspiring Underwriting Assistants. Here, they can work for companies like Blue Shield of California. This role involves analyzing data and supporting the underwriting process. It’s a chance to contribute to the stability of local businesses and residents.
    Find Underwriting Assistant jobs in Sacramento, CA


  4. Atlanta, GA
    Average Salary: $63,954
    In Atlanta, the insurance sector is vibrant and full of potential. As an Underwriting Assistant, individuals will support prominent companies such as Aflac and Georgia Farm Bureau. They will gather information and assist in assessing risks. It’s an environment that values accuracy and attention to detail.
    Find Underwriting Assistant jobs in Atlanta, GA

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

ICW Group offers the highest average salary for Underwriting Assistant jobs, making it an excellent choice for professionals in the field. With an average salary of $68,315, job seekers can expect competitive pay. AIG and Beasley Group also offer strong salaries, with averages of $59,038 and $58,404 respectively, providing promising career opportunities. For those seeking solid compensation, RLI Insurance Company, AmTrust Financial Services, Inc., and The Cincinnati Insurance Companies provide solid options. These companies offer average salaries ranging from $53,181 to $40,216, each with its unique benefits and growth potential.
Graph displaying best paying company salaries for Underwriting Assistant jobs, highlighting ICW Group with the highest at $68,315 and The Cincinnati Insurance Companies with the lowest at $40,216.
  1. ICW Group
    Average Salary: $68,315
    ICW Group provides comprehensive underwriting assistance and works in multiple locations, including major cities across the U.S. The company offers a dynamic work environment and opportunities for career growth.


  2. AIG
    Average Salary: $59,038
    AIG, a global insurance leader, offers various underwriting assistant roles in cities like New York, Chicago, and San Francisco. It provides competitive salaries and a strong professional development program.


  3. Beasley Group
    Average Salary: $58,404
    Beasley Group is known for its family-oriented culture and operates in several locations, including Fort Lauderdale and New York. It offers rewarding career opportunities and a collaborative work atmosphere.


  4. RLI Insurance Company
    Average Salary: $53,181
    RLI Insurance Company is an industry player with underwriting assistant positions available in cities like Chicago and Los Angeles. The company emphasizes teamwork and professional growth.


  5. AmTrust Financial Services, Inc.
    Average Salary: $47,684
    AmTrust Financial Services, Inc. offers underwriting assistant roles in various locations, including New York and Atlanta. The company focuses on providing excellent customer service and a supportive work environment.


  6. The Cincinnati Insurance Companies
    Average Salary: $40,216
    The Cincinnati Insurance Companies operates in several locations and offers underwriting assistant positions. It is known for its strong company culture and opportunities for career advancement.

How to earn more as a Underwriting Assistant?

An Underwriting Assistant plays a crucial role in the financial industry. To enhance job performance and earn more, consider these key strategies. Gaining specialized knowledge can make a significant difference. Focus on understanding the types of insurance policies and the rules governing them. This expertise can lead to more accurate assessments and recommendations.

Another way to earn more is by developing strong communication skills. Clear and precise communication helps prevent misunderstandings and errors. Good rapport with clients and colleagues can lead to better job performance and opportunities for advancement. Seek out opportunities to improve these skills through courses or workshops. Networking with industry professionals also builds a stronger professional presence. Attending conferences and joining relevant groups can open doors to higher-paying roles.

Consider pursuing additional certifications to boost earning potential. Many insurance companies value candidates with recognized credentials. Certifications demonstrate a commitment to professional growth and can lead to higher pay. Here are some key factors to focus on:

  1. Specialized knowledge of insurance policies and rules
  2. Strong communication skills
  3. Networking with industry professionals
  4. Pursuing additional certifications
  5. Continuous learning and professional development

Currently 40 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
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Underwriting Assistant
40 Job Openings