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How much does a Underwriting Assistant make?

The average salary for a Underwriting Assistant is $56,108 per year in the US.

An Underwriting Assistant plays a key role in the insurance industry. They help assess risks and determine the terms of insurance policies. This job is important and comes with a good salary. The average yearly salary for an Underwriting Assistant is around $56,108. This means that, on average, someone in this role can expect to earn this amount each year.

The salary for Underwriting Assistants can vary based on experience and location. Some earn less, while others earn more. Here are some common salary ranges:

  • The lowest 10% earn about $36,000.
  • The next 20% earn between $40,227 and $48,682.
  • The middle 30% earn between $48,682 and $57,136.
  • The next 20% earn between $57,136 and $65,591.
  • The top 10% earn over $65,591.

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What are the highest paying cities for a Underwriting Assistant?

Job seekers looking for Underwriting Assistant roles can find some of the best pay in Los Angeles, California, where the average salary is $99,492. Chicago, Illinois, offers a strong average salary of $81,506, making it another top choice. Hartford, Connecticut, provides a competitive average salary of $64,802, offering a solid opportunity for those in the field.
Graph displaying highest paying cities salaries for Underwriting Assistant jobs, highlighting Los Angeles, CA with the highest at $99,492 and Omaha, NE with the lowest at $43,473.
  1. Los Angeles, CA
    Average Salary: $99,492
    In Los Angeles, you can find opportunities in a bustling insurance market. Companies like Farmers Insurance and Anthem offer roles that involve analyzing risks and supporting underwriters. The city's diverse economy provides a dynamic work environment.
    Find Underwriting Assistant jobs in Los Angeles, CA


  2. Chicago, IL
    Average Salary: $81,506
    Chicago is home to major insurance firms such as Allstate and Aon. Working here means you'll be part of a city known for its financial services industry. You'll assist in evaluating insurance applications and supporting the underwriting process.
    Find Underwriting Assistant jobs in Chicago, IL


  3. Hartford, CT
    Average Salary: $64,802
    Hartford, known as the insurance capital, offers many opportunities. Companies like The Hartford and Aetna provide roles that involve data analysis and risk assessment. The city's focus on insurance makes it a great place for professionals in this field.
    Find Underwriting Assistant jobs in Hartford, CT


  4. Atlanta, GA
    Average Salary: $62,537
    Atlanta has a growing insurance sector with companies like Aflac and SunTrust. Working here means you'll be part of a vibrant city with a strong economy. You'll support underwriters by reviewing applications and gathering necessary information.
    Find Underwriting Assistant jobs in Atlanta, GA


  5. Boston, MA
    Average Salary: $59,743
    Boston offers a mix of historic charm and modern business opportunities. Companies like Liberty Mutual and MassMutual provide roles that involve risk evaluation. The city's rich history in finance adds to the professional experience.
    Find Underwriting Assistant jobs in Boston, MA


  6. Miami, FL
    Average Salary: $55,178
    Miami's diverse economy includes a thriving insurance industry. Companies like State Farm and Travelers offer opportunities to assist in underwriting. The city's warm climate and cultural diversity make it an attractive place to work.
    Find Underwriting Assistant jobs in Miami, FL


  7. Denver, CO
    Average Salary: $52,453
    Denver's insurance market is growing, with companies like Denver Financial and Nationwide. Working here means you'll be part of a city known for its outdoor activities and strong business community. You'll support underwriters by analyzing data and preparing reports.
    Find Underwriting Assistant jobs in Denver, CO


  8. San Diego, CA
    Average Salary: $50,917
    San Diego offers a blend of beautiful weather and a strong insurance sector. Companies like Farmers and Allstate provide roles that involve risk assessment. The city's coastal location adds to the quality of life for professionals.
    Find Underwriting Assistant jobs in San Diego, CA


  9. Omaha, NE
    Average Salary: $43,473
    Omaha is known for its insurance companies like Berkshire Hathaway and Mutual of Omaha. Working here means you'll be part of a city with a strong financial services industry. You'll assist in evaluating insurance applications and supporting the underwriting process.
    Find Underwriting Assistant jobs in Omaha, NE

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

AXA XL offers the highest average salary for Underwriting Assistant jobs at $91,762. AXA follows closely with an average salary of $86,957. NFP Corp provides a competitive average salary of $64,778, making it another attractive option for job seekers. These companies provide good compensation and opportunities for career growth. Job seekers should consider these companies when looking for roles in underwriting.
Graph displaying best paying company salaries for Underwriting Assistant jobs, highlighting AXA XL with the highest at $91,762 and RLI with the lowest at $53,643.
  1. AXA XL
    Average Salary: $91,762
    AXA XL offers Underwriting Assistant roles with a focus on risk management. They operate in many locations, including the United States, Europe, and Asia. Employees work closely with underwriters to assess and manage risks.


  2. AXA
    Average Salary: $86,957
    AXA provides Underwriting Assistant positions with a global presence. They work in locations such as France, the United States, and Asia. Employees support underwriters in evaluating insurance applications and managing policies.


  3. NFP Corp
    Average Salary: $64,778
    NFP Corp offers Underwriting Assistant roles with a focus on insurance and risk management. They operate in the United States and Canada. Employees assist underwriters in assessing risks and processing insurance applications.


  4. USLI
    Average Salary: $64,690
    USLI provides Underwriting Assistant positions with a focus on life insurance. They operate in the United States. Employees support underwriters in evaluating life insurance applications and managing policies.


  5. Chubb Insurance
    Average Salary: $58,972
    Chubb Insurance offers Underwriting Assistant roles with a focus on property and casualty insurance. They operate in many locations, including the United States, Europe, and Asia. Employees assist underwriters in assessing risks and processing insurance applications.


  6. Berkley
    Average Salary: $57,278
    Berkley provides Underwriting Assistant positions with a focus on insurance and risk management. They operate in the United States. Employees support underwriters in evaluating insurance applications and managing policies.


  7. Liberty Mutual Insurance
    Average Salary: $55,500
    Liberty Mutual Insurance offers Underwriting Assistant roles with a focus on property and casualty insurance. They operate in the United States and Canada. Employees assist underwriters in assessing risks and processing insurance applications.


  8. Brown & Brown Insurance
    Average Salary: $54,078
    Brown & Brown Insurance provides Underwriting Assistant positions with a focus on insurance and risk management. They operate in the United States. Employees support underwriters in evaluating insurance applications and managing policies.


  9. Crum & Forster
    Average Salary: $53,963
    Crum & Forster offers Underwriting Assistant roles with a focus on insurance and risk management. They operate in the United States. Employees assist underwriters in assessing risks and processing insurance applications.


  10. RLI
    Average Salary: $53,643
    RLI provides Underwriting Assistant positions with a focus on insurance and risk management. They operate in the United States. Employees support underwriters in evaluating insurance applications and managing policies.

How to earn more as a Underwriting Assistant?

Becoming an Underwriting Assistant can be a rewarding career path. To earn more in this role, focus on these key factors. Building experience and expertise can lead to higher pay. Networking with others in the industry can open up better job opportunities. Staying updated with industry trends ensures that skills remain relevant. Seeking out additional certifications can enhance qualifications. Taking on more responsibilities at work can lead to promotions and salary increases.

To maximize earnings, consider these strategies. First, gain experience by working in different areas of underwriting. This broadens knowledge and makes the candidate more valuable. Second, network with colleagues and industry professionals. This can lead to job referrals and insider tips on higher-paying positions. Third, stay informed about industry trends and changes. This knowledge can be a significant asset in the job market. Fourth, pursue additional certifications. These can include specialized underwriting courses or financial analysis training. Finally, take on leadership roles or additional projects at work. This can demonstrate commitment and capability, leading to higher pay.

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

  1. Gain experience in various underwriting areas.
  2. Network with industry professionals.
  3. Stay updated with industry trends.
  4. Pursue additional certifications.
  5. Take on leadership roles or additional projects.

Currently 82 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
82 Job Openings