Account underwriter vs underwriter

The differences between account underwriters and 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 $61,751 average annual salary of an underwriter.

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

Account underwriter vs underwriter overview

	Account Underwriter	Underwriter
Yearly salary	$74,374	$61,751
Hourly rate	$35.76	$29.69
Growth rate	-4%	-4%
Number of jobs	56,487	8,510
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 66%
Average age	44	44
Years of experience	-	-

Account underwriter vs underwriter salary

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

	Account Underwriter	Underwriter
Average salary	$74,374	$61,751
Salary range	Between $49,000 And $111,000	Between $39,000 And $96,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	Google
Best paying industry	-	Manufacturing

Differences between account underwriter and underwriter education

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

	Account Underwriter	Underwriter
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Account underwriter vs underwriter demographics

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

	Account Underwriter	Underwriter
Average age	44	44
Gender ratio	Male, 43.4% Female, 56.6%	Male, 38.4% Female, 61.6%
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, 9.2% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 72.7% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between account underwriter and 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.

Underwriter example responsibilities.

Attain Jr. underwriter status and AUS underwriting authority.
Manage AUS findings and analyze approvals and results accordingly.
Complete initial review of appraisals, borrower credit documents, and DU/LP findings according to Fannie Mae and investor guidelines.
Research and develop SBA program.
Work on project putting together HPR policy.
Resolve issues preventing final disposition of REO properties.

Account underwriter vs 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 underwriter skills

Customer Service, 11%
Investor Guidelines, 6%
Mortgage Loans, 5%
Underwriting Guidelines, 5%
Financial Statements, 4%
FHA, 3%