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Underwriter, Financial Services

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April 29, 2024 3 minute read

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Underwriting is a specialized and dynamic career within the financial services industry. As an underwriter, you play a crucial role in assessing and managing risk, evaluating financial data, and making decisions that can impact businesses and individuals.

Responsibilities and Role

Underwriters are responsible for evaluating the risk associated with providing insurance, loans, or other financial products. They analyze financial statements, credit reports, and other relevant data to assess the likelihood and potential impact of claims or defaults. Based on this assessment, underwriters determine the terms, conditions, and premiums of the financial products.

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Salaries for Underwriter, Financial Services

City

25th Percentile

50th Percentile

75th Percentile

Median

New York

$72,000

$91,000

$121,000

$91,000

San Francisco

$75,000

$89,000

$110,000

$89,000

Seattle

$114,000

$154,000

$220,000

$154,000

See all salaries

City

25th Percentile

50th Percentile

75th Percentile

Median

New York

$72,000

$91,000

$121,000

$91,000

San Francisco

$75,000

$89,000

$110,000

$89,000

Seattle

$114,000

$154,000

$220,000

$154,000

Austin

$100,000

$133,000

$190,000

$133,000

Toronto

$72,000

$93,000

$122,000

$93,000

London

£39,000

£45,000

£56,000

£45,000

Paris

€38,000

€48,000

€65,000

€48,000

Berlin

€73,000

€92,000

€120,000

€92,000

Tel Aviv

₪20,500

₪24,500

₪32,700

₪24,500

Singapore

S$66,000

S$79,000

S$97,000

S$79,000

Beijing

¥428,000

¥579,000

¥665,000

¥579,000

Shanghai

¥60,400

¥87,600

¥134,000

¥87,600

Bengalaru

₹1,000,000

₹1,890,000

₹2,812,000

₹1,890,000

Delhi

₹327,000

₹540,000

₹838,000

₹540,000

Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

Path to Underwriter, Financial Services

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