Average Senior Underwriter Salary in Canada

Annual Base Salary - $76,794.00/year

The average annual salary of Senior Underwriter is $76,794.00

$58,860.00
Low
$76,794.00
Average
$98,580.00
High

The starting salary of Senior Underwriter is between $50,031.00 and $58,860.00 whereas the maximum salary range is between $98,580.00 and $113,367.00.

Minimum Annual PayMaximum Annual Pay
$50,031.00$113,367.00
Average Hourly Pay - $27.30/hour

The average hourly pay of Senior Underwriter is $27.30.

$23.98
Low
$27.30
Average
$44.00
High

The starting hourly rate is between $20.00 and $23.98 for Senior Underwriter whereas the maximum hourly wage is between $44.00 and $51.00.

Minimum Hourly PayMaximum Hourly Pay
$20.00$51.00
Bonus Range: Tooltip
$2,120.00 - $12,720.00
$2,120.00
$113,367.00
Profit Sharing: Tooltip
$1,050.00 - $5,200.00
$1,050.00
$113,367.00
  • Currency : CAD
  • Annual Salary : $76,794.00
  • Hourly Pay : $27.30
  • Weekly Pay : $1,355.00
  • Fortnightly Salary : $2,710.00
  • Monthly Salary : $5,871.00

Senior Underwriter Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Senior 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 Senior Underwriter compared to male. Their involvement is 73% while of male is only 27%.

Salary Distribution Based on Years of Experience

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 $69,254.45.

Once the experience reaches 5-9 years Senior Underwriter salary would increase again to a total of $74,787.64, adding $5,533.19 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 $77,448.07.

And finally, once the Senior Underwriter gains 20 years of experience or more, their salary would reach $72,604.08.

Prominent Skills Affecting Senior Underwriter Salary

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 20% 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 Negotiation with 1%. It can be said that Negotiation 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 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 $72,186.00 whereas the highest earning is $78,330.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of $78,330.00 at 2%. So to summerize, Early Career earns 6% less than the average salary, Mid Carrer earns 0% less than the average salary, Late Career earns 2% more than the average salary, Experienced earns 5% less than the average salary.

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