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Account underwriter vs marine underwriter

The differences between account underwriters and marine underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a marine underwriter has an average salary of $77,871, 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 marine underwriter are profitable business, risk analysis, and loss ratio.

Account underwriter vs marine underwriter overview

Account UnderwriterMarine Underwriter
Yearly salary$74,374$77,871
Hourly rate$35.76$37.44
Growth rate-4%-4%
Number of jobs56,48716,546
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 77%
Average age4444
Years of experience--

Account underwriter vs marine underwriter salary

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

Account UnderwriterMarine Underwriter
Average salary$74,374$77,871
Salary rangeBetween $49,000 And $111,000Between $53,000 And $113,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between account underwriter and marine underwriter education

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

Account UnderwriterMarine Underwriter
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account underwriter vs marine underwriter demographics

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

Account UnderwriterMarine Underwriter
Average age4444
Gender ratioMale, 43.4% Female, 56.6%Male, 59.5% Female, 40.5%
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, 8.1% Unknown, 2.5% Hispanic or Latino, 10.5% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between account underwriter and marine 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.

Marine 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 underwriter vs marine 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 marine underwriter skills
  • Profitable Business, 25%
  • Risk Analysis, 17%
  • Loss Ratio, 13%
  • Business Development, 10%
  • Underwriting Authority, 8%
  • Profitable Book, 7%

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