Account underwriter vs commercial underwriter

The differences between account underwriters and commercial underwriters 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 $59,051 average annual salary of a commercial underwriter.

The top three skills for an account underwriter include risk management, underwriting process and underwriting guidelines. The most important skills for a commercial underwriter are real estate, customer service, and financial analysis.

Account underwriter vs commercial underwriter overview

	Account Underwriter	Commercial Underwriter
Yearly salary	$74,374	$59,051
Hourly rate	$35.76	$28.39
Growth rate	-4%	-4%
Number of jobs	56,487	31,908
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 75%
Average age	44	44
Years of experience	-	-

Account underwriter vs commercial underwriter salary

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

	Account Underwriter	Commercial Underwriter
Average salary	$74,374	$59,051
Salary range	Between $49,000 And $111,000	Between $41,000 And $84,000
Highest paying City	-	Olympia, WA
Highest paying state	-	Washington
Best paying company	-	J.P. Morgan
Best paying industry	-	Finance

Differences between account underwriter and commercial underwriter education

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

	Account Underwriter	Commercial Underwriter
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 75%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Account underwriter vs commercial underwriter demographics

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

	Account Underwriter	Commercial Underwriter
Average age	44	44
Gender ratio	Male, 43.4% Female, 56.6%	Male, 48.7% Female, 51.3%
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, 9.9% Unknown, 2.5% Hispanic or Latino, 9.3% Asian, 5.5% White, 72.4% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between account underwriter and commercial 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.

Commercial underwriter example responsibilities.

Handle new and renewal multi-line policies.
Quoted new business and handle multi-line commercial accounts for this retailer.
Front office administration; maintain A/R and A/P for 1000+ commercial lines clients and 2000+ personal lines clients.
Market banking services to individuals, as well as to small businesses and corporations through networking and cross-selling.
Update loan origination systems to ensure that pipeline reports reflect the most current status for active loan in process.
Work along with the owner and accounting staff on all financial matters, A/R, A/P, payroll, and taxes.

Account underwriter vs commercial 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 commercial underwriter skills

Real Estate, 10%
Customer Service, 8%
Financial Analysis, 8%
Credit Analysis, 6%
Cash Flow, 4%
Risk Management, 4%

Account Underwriter vs. similar jobs

Account Underwriter related careers

Account Underwriter related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Account Underwriter
Account Underwriter vs Commercial Underwriter

Updated January 8, 2025

Browse business and financial jobs