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Administrative underwriter vs insurance underwriter

The differences between administrative underwriters and insurance 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 $64,163 average annual salary of an insurance underwriter.

The top three skills for an administrative underwriter include loan applications, financial statements and underwriting process. The most important skills for an insurance underwriter are health insurance, insurance underwriting, and insurance coverage.

Administrative underwriter vs insurance underwriter overview

Administrative UnderwriterInsurance Underwriter
Yearly salary$76,551$64,163
Hourly rate$36.80$30.85
Growth rate-4%-4%
Number of jobs39,57239,026
Job satisfaction-3
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Average age4444
Years of experience--

Administrative underwriter vs insurance underwriter salary

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

Administrative UnderwriterInsurance Underwriter
Average salary$76,551$64,163
Salary rangeBetween $51,000 And $113,000Between $35,000 And $116,000
Highest paying City-Hartford, CT
Highest paying state-Connecticut
Best paying company-Citi
Best paying industry--

Differences between administrative underwriter and insurance underwriter education

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

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

Administrative underwriter vs insurance underwriter demographics

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

Administrative UnderwriterInsurance Underwriter
Average age4444
Gender ratioMale, 23.7% Female, 76.3%Male, 33.4% Female, 66.6%
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, 9.2% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 72.3% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between administrative underwriter and insurance 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.

Insurance underwriter example responsibilities.

  • Manage patient's records, appointments, and account balances while adhering to HIPPA standards.
  • Manage A/R, A/P, credentialing, surgery scheduling, and coordinate patient referrals to other physicians.
  • Manage operating procedure and accounting systems for payroll, operating expenses, supplies and inventory management and commercial accounts.
  • Prepare all HCFA billing with proper ICD-9 codes and CPT codes for accurate turn around time on payments.
  • Follow up with insurance carriers and patients to expedite the recovery of payment obligations
  • File insurance and process billing and payments, coordinate patients financial arrangements, present treatment plans, verify insurance coverage.
  • Show more

Administrative underwriter vs insurance 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 insurance underwriter skills
  • Health Insurance, 11%
  • Insurance Underwriting, 8%
  • Insurance Coverage, 8%
  • Customer Service, 8%
  • Underwriting Guidelines, 7%
  • Insurance Products, 6%

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