Average Senior Underwriter with Insurance Skills Salary in Canada

The line graph shows Senior Underwriter salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Senior Underwriter having experience between 1-4 years, their salary is around $79,910.82.

Once the experience reaches 5-9 years Senior Underwriter salary would decrease to a total of $74,175.32, subtracting $5,735.50 from the last salary.

After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $73,661.36.

And finally, once the Senior Underwriter gains 20 years of experience or more, their salary would reach $67,865.11.

The bar graph data indicates the importance of specific skills which can have a direct impact on Senior Underwriter's salary. It clearly highlights the skills needed for a post of Senior Underwriter when hired by an employer.

The most vital skill expected of Senior Underwriter is Financial Analysis which impacts the most than the rest of the skills indicated with a staggering 23% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Analysis.

The skill least likely to affect one’s pay would be Risk Management / Risk Control with 2%. It can be said that Risk Management / Risk Control skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Senior 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 $65,968.00 whereas the highest earning is $81,916.00 which clearly shows the salary increases with the level of expertise.

Early Career person will earn the maximum salary of $81,916.00 at 13%. So to summerize, Early Career earns 13% more than the average salary, Mid Carrer earns 3% more than the average salary, Late Career earns 0% less than the average salary, Experienced earns 9% less than the average salary.