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Administrative underwriter vs commercial underwriter

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 vs commercial underwriter overview

Administrative UnderwriterCommercial Underwriter
Yearly salary$76,551$59,051
Hourly rate$36.80$28.39
Growth rate-4%-4%
Number of jobs39,57231,908
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 75%
Average age4444
Years of experience--

Administrative underwriter vs commercial underwriter salary

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

Administrative UnderwriterCommercial Underwriter
Average salary$76,551$59,051
Salary rangeBetween $51,000 And $113,000Between $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 administrative underwriter and commercial underwriter education

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

Administrative UnderwriterCommercial Underwriter
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 75%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Administrative underwriter vs commercial underwriter demographics

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

Administrative UnderwriterCommercial Underwriter
Average age4444
Gender ratioMale, 23.7% Female, 76.3%Male, 48.7% Female, 51.3%
Race ratioBlack 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 Percentage9%9%

Differences between administrative underwriter and commercial underwriter duties and responsibilities

Administrative 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.
  • Show more

Administrative underwriter vs commercial underwriter skills

Common administrative underwriter skills
  • Loan Applications, 38%
  • Financial Statements, 25%
  • Underwriting Process, 13%
  • Insurance Policies, 12%
  • Risk Assessments, 6%
  • Life Insurance Applications, 5%
Common commercial underwriter skills
  • Real Estate, 10%
  • Customer Service, 8%
  • Financial Analysis, 8%
  • Credit Analysis, 6%
  • Cash Flow, 4%
  • Risk Management, 4%

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