As of May 18, 2021, the average salary for an Underwriting Assistant in the United States is $54,030 per year, which breaks down to an hourly rate of $26.
However, an Underwriting Assistant's salary can vary significantly. Here’s a look at the typical salary range:
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An Underwriting Assistant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of an Underwriting Assistant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Underwriting Assistant | 1-3 years | $54,030 |
| Underwriting Supervisor | 3-5 years | $104,424 |
| Underwriting Manager | 5+ years | $119,594 |
| Underwriting Senior Manager | 5+ years | $162,996 |
| Underwriting Director | 5+ years | $196,352 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriting Assistants. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 5.59% |
| Data Entry | 1.73% |
| Accounting | 0.97% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Accountability
|
$57,812 |
7%
|
|
Initiative
|
$57,272 |
6%
|
|
Communicates Effectively
|
$56,732 |
5%
|
|
Time Management
|
$56,732 |
5%
|
|
Communication Skills
|
$55,651 |
3%
|
|
Problem Solving
|
$55,651 |
3%
|
Your level of education can impact your salary potential. While many Underwriting Assistants enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Underwriting Assistant with a Associate's Degree is between $50,766 and $53,852).
Underwriting Assistant Salaries by Degree Level
| 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% |
| Doctorate | 0.0% |
Understanding how an Underwriting Assistant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Promotions are the fastest way to increase your earnings. As an Underwriting Assistant, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Health Underwriting Manager | $131,554 | 143% |
| Life Underwriting Supervisor | $117,078 | 117% |
| Property Casualty Underwriting Supervisor | $115,103 | 113% |
| Underwriting Supervisor | $104,424 | 93% |
Salaries for an Underwriting Assistant can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $60,107 in 2023 to around $54,358 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Underwriting Assistant salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $60,107 |
| 2024 | $56,398 |
| 2025 | $54,358 |
| 2026 |
View More
|
| 2027 |
View More
|
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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 $68,148.
The highest pay for Underwriting Assistant is $64,241.
The lowest pay for Underwriting Assistant is $42,371.
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.
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.
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