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Account underwriter vs insurance analyst

The differences between account underwriters and insurance analysts 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 $55,424 average annual salary of an insurance analyst.

The top three skills for an account underwriter include risk management, underwriting process and underwriting guidelines. The most important skills for an insurance analyst are insurance coverage, insurance policies, and life insurance.

Account underwriter vs insurance analyst overview

Account UnderwriterInsurance Analyst
Yearly salary$74,374$55,424
Hourly rate$35.76$26.65
Growth rate-4%-4%
Number of jobs56,48744,280
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 58%
Average age4444
Years of experience--

Account underwriter vs insurance analyst salary

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

Account UnderwriterInsurance Analyst
Average salary$74,374$55,424
Salary rangeBetween $49,000 And $111,000Between $34,000 And $88,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Credit Karma
Best paying industry--

Differences between account underwriter and insurance analyst education

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

Account UnderwriterInsurance Analyst
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account underwriter vs insurance analyst demographics

Here are the differences between account underwriters' and insurance analysts' demographics:

Account UnderwriterInsurance Analyst
Average age4444
Gender ratioMale, 43.4% Female, 56.6%Male, 28.7% Female, 71.3%
Race ratioBlack 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, 11.1% Unknown, 2.4% Hispanic or Latino, 9.0% Asian, 5.4% White, 71.7% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between account underwriter and insurance analyst 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.

Insurance analyst example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Organize and examine medical records for physical therapy clinics for patients, attorneys and disability insurance claims.
  • Verify insurance benefits for specialty medications cover under both pharmacy and major medical benefits and communicate coverage to patients and physicians.
  • Prepare project kickoff PowerPoint presentation for client site visits.
  • Review retail and wholesale files to submit to FHA for HUD insuring.
  • Provide supporting documentation and reconciliation reports for monthly close and billing using GAAP.
  • Show more

Account underwriter vs insurance analyst skills

Common account underwriter skills
  • Risk Management, 24%
  • Underwriting Process, 17%
  • Underwriting Guidelines, 13%
  • Underwriting Authority, 10%
  • Financial Analysis, 9%
  • National Accounts, 6%
Common insurance analyst skills
  • Insurance Coverage, 11%
  • Insurance Policies, 8%
  • Life Insurance, 6%
  • Patients, 5%
  • Health Insurance, 5%
  • PowerPoint, 5%

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