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Salary and Benefits

Underwriting Analyst
$51K-$62K / yr. (est.)
$51K
$56,927 / year
$63K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Underwriting Analyst

What does an Underwriting Analyst do?

Working as Underwriting Analysts, our key responsibility is to check risks, find out their solutions, and work to bring efficiencies in the company. We make credit decisions on conventional conforming loans. It is our responsibility to review the data of businesses of all sizes. We also determine the creditworthiness and financing approval amount of the business. As Underwriting Analysts, we interact with the customers of the company. We analyze the proposed transactions and give formal recommendations. We are also accountable for making quick and accurate decisions and reviewing finance applications.

Core tasks:

  • underwrite for products and transactions
  • collaborate with other members in different initiatives
  • assess and solve the frauds
  • consult with the internal sales team
  • prepare the renewals

Insights

How Many Years of Experience Do Professionals Need Before Becoming Underwriting Analyst?
On average, people work 5-7 years in other positions prior to becoming a Underwriting Analyst.
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Underwriting AnalystMiami, FL - A year ago
wow, this occupation really requires some serious experience 💪
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Underwriting AnalystSeattle, WA - A year ago
🙄 I had no idea it takes so long to become an underwriting analyst, now I'm rethinking my career path
How Long Do Underwriting Analyst Employees Typically Stay in Their Roles?
On average, Underwriting Analysts works in this position for 3-5 years across multiple employers.
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HR SpecialistHouston, TX - A year ago
I agree with the Underwriting Analyst! Companies need to invest in their employees' long-term career growth. Otherwise, it will lead to high turnover rates!
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Data AnalystPhiladelphia, PA - A year ago
i'm a data analyst. why the heck should i stiff my growth potential by remaining in the same role for 5 years? 😤
What Is the Job Hopper Score for Underwriting Analyst Employees?
Moderate job changes in Underwriting Analyst, showing some career movement without excessive turnover.
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Risk ManagerNew York City, NY - A year ago
Moving around too much can lead to a lack of depth and expertise. Staying in the same role can allow an Underwriting Analyst to master their craft. 📚
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Actuarial AnalystMiami, FL - A year ago
A mix of stability and change is key for growth. An Underwriting Analyst should balance working towards mastery while also exploring new opportunities and fresh challenges. 🌴

Career path

Path to job

Discover a Underwriting Analyst's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Underwriting Analyst typically studied at.
Temple University
Texas A&M University-Texarkana

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Underwriting Analyst Employees?
Gender ratio in Underwriting Analyst position: 0.565557729941292 Male and 0.434442270058708 Female. Age ratio in Underwriting Analyst position: 16-20: 4%, 21-30: 77%, 31-40: 14%, 41-50: 4%, 51-60: 1%, 60+: 0%. Underwriting Analyst position is predominantly male (56.6%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Underwriting AnalystMiami, FL - A year ago
what's wrong with having a younger workforce? more fresh ideas! 🧐
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Underwriting AnalystSeattle, WA - A year ago
age should not determine competency, experience matters! 🤨

Workplaces

Who Are the Top Employers for Underwriting Analyst?
Top employers of Underwriting Analyst position: Aetna, a CVS Health Company, AIG, Freddie Mac. People who work in Underwriting Analyst position most typically go on to work for the Aetna, a CVS Health Company.
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Underwriting AnalystSan Francisco, CA - A year ago
I can't imagine working for Aetna! Their management has zero integrity and Communication is a major issue.
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Underwriting AnalystMiami, FL - A year ago
What kind of skills do I need to excel as an Underwriting Analyst in these top companies? Any advice would be highly appreciated!
Aetna, a CVS Health Company
AIG
Freddie Mac
What Industries Does Underwriting Analyst Typically Have Experience In?
Industry Background: The most typical industries of Underwriting Analyst: Finance & Insurance, Real Estate / Rental / Leasing, Arts / Entertainment / Recreation, Professional / Scientific / Technical, Health Care. Underwriting Analyst employees most likely come from a Finance & Insurance industry background.
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Underwriting AnalystHouston, TX - A year ago
Being an Underwriting Analyst is both challenging and fulfilling, but man, the pressure to make accurate predictions can get overwhelming! 😩
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Underwriting AnalystMiami, FL - A year ago
I'm sorry, but all this talk about being an Underwriting Analyst is making me fall asleep already! Seems like a boring desk job, if you ask me. 😴

Find your job as Underwriting Analyst

Discussion about Underwriting Analyst

Want to know more about Underwriting Analyst position?
Share your thoughts and ideas about Underwriting Analyst position with others in our community.
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Is Underwriting Analyst a female or male dominated profession?
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Liam Brown3 years ago
This is a well balanced profession, about half of the people are women.
How old are people who work as an Underwriting Analyst?
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Sophie Hayes3 years ago
People working as an Underwriting Analyst are 27 old on average.
How much experience is typically required to work as an Underwriting Analyst?
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Liam Brown3 years ago
6 years of experience is needed on average for an Underwriting Analyst.
What industries does an Underwriting Analyst typically work in?
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Isabella Holmes3 years ago
Finance & Insurance is the most frequent for an Underwriting Analyst.
What kind of higher education an Underwriting Analyst need?
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Liam Brown3 years ago
As an Underwriting Analyst you’ll probably need Bachelor of Science degree
As an Underwriting Analyst, which company should I definitely check out for jobs?
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Benjamin Gardner3 years ago
It’s common for an Underwriting Analyst to work for Aetna, a CVS Health Company, AIG, Freddie Mac, PNC and Starr Companies
How many years do people spend as an Underwriting Analyst in their career path?
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Benjamin Gardner3 years ago
You should work for 4 years before considering changing to another role.
How frequently people change companies if they work as an Underwriting Analyst?
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Benjamin Gardner3 years ago
The job hopper score is medium for an Underwriting Analyst.
What work history do people usually have before becoming an Underwriting Analyst?
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Sophie Hayes3 years ago
Most people come from Underwriter, Underwriting Assistant or Analyst roles
If I’m working as an Underwriting Analyst, what next position could I have?
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Isabella Holmes3 years ago
Underwriter, Analyst or Financial Analyst are good next steps for an Underwriting Analyst
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Disclaimer

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