upper level job

How much does an Underwriting Assistant make?

As of April 01, 2025, the average annual salary for an Underwriting Assistant in the United States is $51,143. According to Salary.com, salaries can range from a low of $43,115 to a high of $61,333, with most professionals earning between $46,941 and $56,477.

Underwriting Assistant Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56,477 $4,706 $1,086 $27
Average $51,143 $4,262 $984 $25
25th Percentile $46,941 $3,912 $903 $23

Average Salary

25% $46,941 10% $43,115 90% $61,333 75% $56,477 $51,143 50%(Median)
Change Search Criteria

How much does an Underwriting Assistant make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Underwriting Assistant salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Underwriting Assistant hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect an Underwriting Assistant's Salary?

An entry-level Underwriting Assistant with less than 1 year of experience earns about $50,077. With 1-2 years of experience, the average salary increases to $51,541. For 2-4 years of experience, the pay typically rises to $54,805. Senior-level professionals with 5-8 years of experience earn around $55,283, and those with over 8 years of experience can expect an average of $55,522.

Levels Salary
Entry Level Underwriting Assistant $50,077
Intermediate Level Underwriting Assistant $51,541
Senior Level Underwriting Assistant $54,805
Specialist Level Underwriting Assistant $55,283
Expert Level Underwriting Assistant $55,522
$50,077 0 yr
$51,541 < 2 yrs
$54,805 2-4 yrs
$55,283 5-8 yrs
$55,522 > 8 yrs
Last Updated on April 01, 2025
Entry Level 2%
Mid Level 1%
Senior Level 7%
Top Level 8%
Experienced 9%
View as graph
Last Updated on April 01, 2025

How much does salary of Underwriting Assistant vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for an Underwriting Assistant is $63,872.
  • In New York, NY, the average annual salary is $59,270.
  • In Boston, MA, an Underwriting Assistant earns $57,040 per year.

What is the salary trend of Underwriting Assistant?

As of April 01, 2025, our research reveals a significant shift in Underwriting Assistant compensation over the past six years. For example, the median salary increased from $60,107 in 2023 to approximately $56,398 in 2024. (For a detailed analysis of Underwriting Assistant salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Underwriting Assistant Over Time

2020
$???
2021
$???
2022
$???
$60,107
2023
$56,398
2024
$54,358
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$60,107
2024
$56,398
2025
$54,358
2026
$???
Last Updated on April 01, 2025

Underwriting Assistant Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $60,107
2024 $56,398
2025 $54,358
2026 View More
Last Updated on April 01, 2025

Job Openings of Underwriting Assistant

Salary.com job board provides millions of Underwriting Assistant information for you to search for. Click on search button below to see Underwriting Assistant job openings or enter a new job title here.

Most Common Benefits for Underwriting Assistant

Based on HR-reported data: a national average with a geographic differential
Base Salary 70.0%
Bonuses 0.0%
Social Security 5.4%
401k/403b 3.3%
Disability 0.6%
Healthcare 8.3%
Pension 3.9%
Time Off 8.6%
Core Compensation
Core Compensation Median % of Total
Base Salary $51,143 70.0%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $3,912 5.4%
401K/403B $2,404 3.3%
Disability $409 0.6%
Healthcare $6,056 8.3%
Pension $2,813 3.9%
Time Off $6,295 8.6%
Total Compensation $73,031 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of an Underwriting Assistant with different levels of education?

Salaries for Underwriting Assistant with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for an Underwriting Assistant with a Associate's Degree is $50,766 - $53,852. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Underwriting Assistant Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Underwriting Assistant
Degree Level % of user with this level of education
No Diploma 0.3%
High School 30.2%
Associates 15.8%
Bachelors 49.1%
Masters 4.6%
Typical Education for Underwriting Assistant
No Diploma 0.3%
High School 30.2%
Associates 15.8%
Bachelors 49.1%
Masters 4.6%
view as table

Underwriting Assistant Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Underwriting Assistant

1. What is the average salary of an Underwriting Assistant?

The average annual salary of Underwriting Assistant is $51,143. In case you are finding an easy salary calculator, the average hourly pay of Underwriting Assistant is $25; the average weekly pay of Underwriting Assistant is $984; the average monthly pay of Underwriting Assistant is $4,262.

2. Where can an Underwriting Assistant earn the most?

An Underwriting Assistant's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Underwriting Assistant earns the most in San Jose, CA, where the annual salary of an Underwriting Assistant is $64,507.

3. What is the highest pay for Underwriting Assistant?

The highest pay for Underwriting Assistant is $61,333.

4. What is the lowest pay for Underwriting Assistant?

The lowest pay for Underwriting Assistant is $43,115.

5. What are the responsibilities of Underwriting Assistant?

Provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. May assist underwriters with the computation of rates and premiums. Typically requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.

6. What are the skills of Underwriting Assistant

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Data Entry: Transcribing information into an electronic medium such as a computer or other electronic device.

3.)

Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Is this useful?

The average salary for an Underwriting Assistant is $51,143 per year in the United States, updated at April 01, 2025.
Is this useful? Maybe