Average Insurance Underwriter with Customer Service Skills Salary in Australia
The average annual salary of Insurance Underwriter is $68,641.00
The starting salary of Insurance Underwriter is between $42,747.00 and $50,290.00 whereas the maximum salary range is between $79,570.00 and $91,506.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$42,747.00 | $91,506.00 |
Insurance Underwriter Salary Comparison by Gender
This pie chart demonstrates the gender share for Insurance Underwriter. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Insurance Underwriter compared to male. Their involvement is 65% while of male is only 35%.
Salary Distribution Based on Years of Experience
The line graph shows Insurance Underwriter salary in Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Insurance Underwriter having experience between 1-4 years, their salary is around $67,227.11.
Once the experience reaches 5-9 years Insurance Underwriter salary would increase again to a total of $67,241.86, adding $14.75 from the last salary increase.
Prominent Skills Affecting Insurance Underwriter Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Insurance Underwriter's salary. It clearly highlights the skills needed for a post of Insurance Underwriter when hired by an employer.
The most vital skill expected of Insurance Underwriter is Commercial which impacts the most than the rest of the skills indicated with a staggering 8% comparatively. Therefore, one’s salary would greatly depend on their skills in Commercial.
The skill least likely to affect one’s pay would be Risk Management / Risk Control with 4%. It can be said that Risk Management / Risk Control skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Insurance Underwriter. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $69,327.00 whereas the highest earning is $70,700.00 which clearly shows the salary increases with the level of expertise.
Early Career person will earn the maximum salary of $70,700.00 at 3%. So to summerize, Early Career earns 3% more than the average salary, Mid Carrer earns 1% more than the average salary.
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