Underwriter Salary in the UK
£36,820
per year
per month
£2,380
per month
per year
Underwriter - Average Salary
The average salary for an Underwriter is £36,820 gross per year (£2,380 net per month), which is £7,220 (+24%) higher than the UK's national average salary.
An Underwriter can expect an average starting salary of £23,110. The highest salaries can exceed £70,000.
An Underwriter can expect an average starting salary of £23,110. The highest salaries can exceed £70,000.
£23,110
Low
£36,820
Average salary
£70,000
High
£1,600
Low
£2,380
Average salary
£4,090
High
View all Underwriter jobs on Jobted UK
Underwriter Salary Range
Among Underwriters, Junior Underwriters tend to have the lowest salaries, while more experienced workers like Senior Underwriters enjoy the highest salaries.
Underwriter - Salary Differences
| Job | Salary | Difference |
|---|---|---|
| Senior Underwriter | £48K/year | +30% |
| Junior Underwriter | £26K/year | -30% |
Underwriter - Pay by Experience Level
A Junior Underwriter with less than three years of experience can expect to earn an average total compensation of £25,770 gross per year. A mid career Underwriter with 4-9 years of experience earns an average total compensation of £35,280, while a Senior Underwriter with 10-20 years of experience makes on average £47,870. Underwriters with more than 20 years of experience earn £52,330 on average.
How Work Experience Affects the Salary of an Underwriter
| Late Career | ▲ +42% |
| Senior | ▲ +30% |
| Average Salary | £36,820/year |
| Mid Career | ▼ -4% |
| Junior | ▼ -30% |
Gender Breakdown
Female
38%
38%
Male
62%
62%
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Underwriter - Jobs by Location
Underwriter - Related Salaries
The salary information presented on this page is based on all Underwriter jobs published on Jobted in the last 12 months.
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Underwriter Jobs