Average Underwriter with Customer Service Skills Salary in Toronto, Ontario
The average annual salary of Underwriter is $62,181.00
The starting salary of Underwriter is between $41,055.00 and $48,300.00 whereas the maximum salary range is between $111,180.00 and $127,857.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| $41,055.00 | $127,857.00 |
The average hourly pay of Underwriter is $28.84.
The maximum hourly wage is between $30.80 and $35.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| $0.00 | $35.00 |
- Currency : CAD
- Annual Salary : $62,181.00
- Hourly Pay : $28.84
- Weekly Pay : $1,097.00
- Fortnightly Salary : $2,194.00
- Monthly Salary : $4,754.00
Underwriter Salary Comparison by Gender
This pie chart demonstrates the gender share for 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 Underwriter compared to male. Their involvement is 62% while of male is only 38%.
Salary Distribution Based on Years of Experience
The line graph shows Underwriter salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Underwriter having experience between 1-4 years, their salary is around $58,552.13.
Once the experience reaches 5-9 years Underwriter salary would increase again to a total of $64,320.33, adding $5,768.20 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $76,392.00.
Prominent Skills Affecting Underwriter Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Underwriter's salary. It clearly highlights the skills needed for a post of Underwriter when hired by an employer.
The most vital skill expected of Underwriter is Negotiation which impacts the most than the rest of the skills indicated with a staggering 12% comparatively. Therefore, one’s salary would greatly depend on their skills in Negotiation.
The skill least likely to affect one’s pay would be Data Analysis with 2%. It can be said that Data Analysis 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 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 $61,559.00 whereas the highest earning is $79,592.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of $79,592.00 at 28%. So to summerize, Early Career earns 1% less than the average salary, Mid Carrer earns 7% more than the average salary, Late Career earns 28% more than the average salary.
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