Annual salaries range from £20,328 to £62,292. Below is the full range of pay both before and after tax:
| Lowest | Average | Upper | |
|---|---|---|---|
| Pre-tax | £20,328 (£1,694 p/mth) |
£28,164 (£2,347 p/mth) |
£62,292 (£5,191 p/mth) |
| Pre-tax Income Percentile | 39th | 61st | 92nd |
| Post-tax | £17,364 (£1,447 p/mth) |
£22,692 (£1,891 p/mth) |
£44,664 (£3,722 p/mth) |
| Post-tax Income Percentile | 33rd | 54th | 90th |
| Percentage Tax Deduction | 15% | 19% | 28% |
The underwriters assess the risks, analyze the payments and premiums associated with these risks and help determine whether to insure a business or entity. Policyholders usually work for insurance companies and must have strong accounting and statistical analysis skills.
Compare the average salary of an insurance underwriter to your salary:
Below are the range of mortgages typically affordable for a single applicant insurance underwriter:
| Lowest | Average | Upper | |
|---|---|---|---|
| average gross salary | £20,330 | £28,166 | £62,288 |
| max mortgage | £91,485 | £126,747 | £280,296 |
| deposit paid | £10,165 | £14,083 | £31,144 |
| max purchase price | £101,650 | £140,830 | £311,440 |
| mortgage repayment p.mth (2.5%|25yr) | £415 | £575 | £1,272 |