Finance

Underwriter Career Guide

Evaluate insurance applications and determine coverage terms and premiums.

58Average
Median: $72,000
Hours/week: 40
Education: Bachelor's
Growth: 5%

Overview

Evaluate insurance applications and determine coverage terms and premiums.

Median Salary
$72,000
Weekly Hours
40
Education
Bachelor's
Job Growth
5%

Key Metrics

Stress5/10
Work-Life Balance7/10
Job Security8/10
Remote Friendly6/10
Physical Demand1/10
Automation Risk5/10

Pros

  • +Good pay
  • +Analytical work
  • +Stable demand
  • +Remote options

Cons

  • -Detail-oriented
  • -Repetitive
  • -Deadlines
  • -Documentation

Savings Calculator

Percentage saved10%
0%25%50%
Yearly Savings
$7,200
Monthly Savings
$600

Career & Education Resources

C

Coursera

Find Underwriter specializations

U

Udemy

Hands-on Underwriter bootcamps

in

LinkedIn Learning

Professional Underwriter paths

I

Indeed

Browse live Underwriter jobs

Career & Education Resources

C

Coursera

Find Underwriter specializations

U

Udemy

Hands-on Underwriter bootcamps

in

LinkedIn Learning

Professional Underwriter paths

I

Indeed

Browse live Underwriter jobs

WorkScore™ for Underwriter

6.0
Overall
6.0
Salary
5.0
Low Stress
7.0
WLB

Growth Outlook

5%

AI Automation Risk

Medium

Compare with Other Careers

Underwriter Salaries by City

All cities with adjusted Underwriter salaries:

San Francisco, CA
Cost of living: 202
$97,200
+35% vs national
New York, NY
Cost of living: 187
$90,000
+25% vs national
Seattle, WA
Cost of living: 172
$90,000
+25% vs national
Boston, MA
Cost of living: 178
$90,000
+25% vs national
Los Angeles, CA
Cost of living: 173
$86,400
+20% vs national
Chicago, IL
Cost of living: 121
$75,600
+5% vs national
Austin, TX
Cost of living: 110
$75,600
+5% vs national
Denver, CO
Cost of living: 121
$75,600
+5% vs national
Miami, FL
Cost of living: 132
$75,600
+5% vs national
Portland, OR
Cost of living: 131
$75,600
+5% vs national
Dallas, TX
Cost of living: 102
$73,440
+2% vs national
Houston, TX
Cost of living: 96
$70,560
2% vs national
Atlanta, GA
Cost of living: 103
$70,560
2% vs national
Phoenix, AZ
Cost of living: 101
$68,400
5% vs national
Nashville, TN
Cost of living: 101
$68,400
5% vs national

Top Employers Hiring for Finance

JPMorgan Chase
Bank of America
Goldman Sachs
Morgan Stanley
Wells Fargo

About This Career

Evaluate insurance applications and determine coverage terms and premiums.

Guide to Education

Required Education

Bachelor's

Typical Training

4 years of experience/training

Frequently Asked Questions

Do I need certifications?

Insurance designations help.

Where do underwriters work?

Insurance companies and banks.

Is underwriting growing?

Slowly, but stable.

Compare Underwriter With Similar Careers

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