Account underwriter vs bond underwriter

The differences between account underwriters and bond underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bond underwriter has an average salary of $78,172, which is higher than the $74,374 average annual salary of an account underwriter.

The top three skills for an account underwriter include risk management, underwriting process and underwriting guidelines. The most important skills for a bond underwriter are surety, financial strength, and bonds.

Account underwriter vs bond underwriter overview

	Account Underwriter	Bond Underwriter
Yearly salary	$74,374	$78,172
Hourly rate	$35.76	$37.58
Growth rate	-4%	-4%
Number of jobs	56,487	6,164
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 85%
Average age	44	44
Years of experience	-	-

Account underwriter vs bond underwriter salary

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

	Account Underwriter	Bond Underwriter
Average salary	$74,374	$78,172
Salary range	Between $49,000 And $111,000	Between $53,000 And $113,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between account underwriter and bond underwriter education

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

	Account Underwriter	Bond Underwriter
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 85%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Account underwriter vs bond underwriter demographics

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

	Account Underwriter	Bond Underwriter
Average age	44	44
Gender ratio	Male, 43.4% Female, 56.6%	Male, 54.7% Female, 45.3%
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, 8.0% Unknown, 2.5% Hispanic or Latino, 10.4% Asian, 5.9% White, 72.8% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between account underwriter and bond underwriter 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.

Bond underwriter example responsibilities.

Manage AUS findings and analyze approvals and results accordingly.
Analyze construction companies for contract surety bond credit; conduct financial analysis of corporate financial statements.
Work closely with multiple insurance agents on underwriting fidelity bonds.
Obtain information from clients and underwrite and execute bonds as attorney-in-fact.
Determine desirability of surety accounts through review and financial analysis by working with agents and clients.
Review individual mortgage origination/post origination documentation and perform database research.

Account underwriter vs bond underwriter skills

Common account underwriter skills

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

Common bond underwriter skills

Surety, 40%
Financial Strength, 19%
Bonds, 15%
Underwriting Guidelines, 8%
Contractor Clients, 4%
Loss Ratio, 3%