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The differences between administrative underwriters and commercial underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an administrative underwriter has an average salary of $76,551, which is higher than the $59,051 average annual salary of a commercial underwriter.
The top three skills for an administrative underwriter include loan applications, financial statements and underwriting process. The most important skills for a commercial underwriter are real estate, customer service, and financial analysis.
| Administrative Underwriter | Commercial Underwriter | |
| Yearly salary | $76,551 | $59,051 |
| Hourly rate | $36.80 | $28.39 |
| Growth rate | -4% | -4% |
| Number of jobs | 39,572 | 31,908 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Administrative underwriters and commercial underwriters have different pay scales, as shown below.
| Administrative Underwriter | Commercial Underwriter | |
| Average salary | $76,551 | $59,051 |
| Salary range | Between $51,000 And $113,000 | 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 |
There are a few differences between an administrative underwriter and a commercial underwriter in terms of educational background:
| Administrative Underwriter | Commercial Underwriter | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between administrative underwriters' and commercial underwriters' demographics:
| Administrative Underwriter | Commercial Underwriter | |
| Average age | 44 | 44 |
| Gender ratio | Male, 23.7% Female, 76.3% | Male, 48.7% Female, 51.3% |
| Race ratio | Black or African American, 10.8% Unknown, 2.4% Hispanic or Latino, 8.8% Asian, 5.4% White, 72.2% 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% |