Account underwriter vs account manager

The differences between account underwriters and account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account underwriter has an average salary of $74,374, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for an account underwriter include risk management, underwriting process and underwriting guidelines. The most important skills for an account manager are customer service, account management, and healthcare.

Account underwriter vs account manager overview

	Account Underwriter	Account Manager
Yearly salary	$74,374	$68,535
Hourly rate	$35.76	$32.95
Growth rate	-4%	5%
Number of jobs	56,487	152,261
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 70%
Average age	44	46
Years of experience	-	8

Account underwriter vs account manager salary

Account underwriters and account managers have different pay scales, as shown below.

	Account Underwriter	Account Manager
Average salary	$74,374	$68,535
Salary range	Between $49,000 And $111,000	Between $42,000 And $110,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	Washington
Best paying company	-	NVIDIA
Best paying industry	-	Technology

Differences between account underwriter and account manager education

There are a few differences between an account underwriter and an account manager in terms of educational background:

	Account Underwriter	Account Manager
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Southern California

Account underwriter vs account manager demographics

Here are the differences between account underwriters' and account managers' demographics:

	Account Underwriter	Account Manager
Average age	44	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 54.8% Female, 45.2%
Race ratio	Black or African American, 9.8% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 72.1% American Indian and Alaska Native, 0.4%	Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	9%	7%

Differences between account underwriter and account manager duties and responsibilities

Account underwriter example responsibilities.

Review individual mortgage origination/post origination documentation and perform database research.
Review individual mortgage origination/post origination documentation and perform database research.

Account manager example responsibilities.

Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
Manage $4 million territory encompassing three Mid-Atlantic states.
Manage new business and renewals for leading Saas legal solution.
Manage an inside sales territory of multiple states with Avaya technology solutions.
Negotiate and manage all contracts and pricing for IDN's in the territory.
Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.

Account underwriter vs account manager skills

Common account underwriter skills

Risk Management, 24%
Underwriting Process, 17%
Underwriting Guidelines, 13%
Underwriting Authority, 10%
Financial Analysis, 9%
National Accounts, 6%

Common account manager skills

Customer Service, 19%
Account Management, 8%
Healthcare, 6%
CRM, 6%
Product Knowledge, 5%
PowerPoint, 5%