Average Underwriting Assistant Salary in Canada

Annual Base Salary - $44,056.00/year

The average annual salary of Underwriting Assistant is $44,056.00

$38,160.00
Low
$44,056.00
Average
$54,500.00
High

The starting salary of Underwriting Assistant is between $32,436.00 and $38,160.00 whereas the maximum salary range is between $54,500.00 and $62,675.00.

Minimum Annual PayMaximum Annual Pay
$32,436.00$62,675.00
Average Hourly Pay - $22.25/hour

The average hourly pay of Underwriting Assistant is $22.25.

$16.80
Low
$22.25
Average
$28.60
High

The starting hourly rate is between $14.00 and $16.80 for Underwriting Assistant whereas the maximum hourly wage is between $28.60 and $33.00.

Minimum Hourly PayMaximum Hourly Pay
$14.00$33.00
Bonus Range: Tooltip
$522.00 - $3,240.00
$522.00
$62,675.00
Profit Sharing: Tooltip
$1,040.00 - $2,180.00
$1,040.00
$62,675.00
  • Currency : CAD
  • Annual Salary : $44,056.00
  • Hourly Pay : $22.25
  • Weekly Pay : $807.00
  • Fortnightly Salary : $1,614.00
  • Monthly Salary : $3,497.00

Underwriting Assistant Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Underwriting Assistant. 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 Underwriting Assistant compared to male. Their involvement is 72% while of male is only 28%.

Salary Distribution Based on Years of Experience

The line graph shows Underwriting Assistant 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 Underwriting Assistant working less than a year in a company, you notice that their annual salary starts around $42,877.80.

As the years of experience reaches 1 to 4, there is a significant increase of $213.82 which would give a total wage of CAD43,091.62.

Once the experience reaches 5-9 years Underwriting Assistant salary would increase again to a total of $43,949.66, adding $858.04 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 $49,034.66.

And finally, once the Underwriting Assistant gains 20 years of experience or more, their salary would reach $46,002.23.

Prominent Skills Affecting Underwriting Assistant Salary

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

The most vital skill expected of Underwriting Assistant is Commercial which impacts the most than the rest of the skills indicated with a staggering 10% comparatively. Therefore, one’s salary would greatly depend on their skills in Commercial.

The skill least likely to affect one’s pay would be Insurance with 2%. It can be said that Insurance 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 Underwriting Assistant. 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 $42,734.00 whereas the highest earning is $48,462.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of $48,462.00 at 10%. So to summerize, Entry Level earns 3% less than the average salary, Early Career earns 2% less than the average salary, Mid Carrer earns 1% less than the average salary, Late Career earns 10% more than the average salary, Experienced earns 2% more than the average salary.

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