Administrative underwriter vs marine underwriter

The differences between administrative 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 $76,551 average annual salary of an administrative underwriter.

The top three skills for an administrative underwriter include loan applications, financial statements and underwriting process. The most important skills for a marine underwriter are profitable business, risk analysis, and loss ratio.

Administrative underwriter vs marine underwriter overview

	Administrative Underwriter	Marine Underwriter
Yearly salary	$76,551	$77,871
Hourly rate	$36.80	$37.44
Growth rate	-4%	-4%
Number of jobs	39,572	16,546
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	-	-

Administrative underwriter vs marine underwriter salary

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

	Administrative Underwriter	Marine Underwriter
Average salary	$76,551	$77,871
Salary range	Between $51,000 And $113,000	Between $53,000 And $113,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between administrative underwriter and marine underwriter education

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

	Administrative Underwriter	Marine Underwriter
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 77%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Administrative underwriter vs marine underwriter demographics

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

	Administrative Underwriter	Marine Underwriter
Average age	44	44
Gender ratio	Male, 23.7% Female, 76.3%	Male, 59.5% Female, 40.5%
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, 8.1% Unknown, 2.5% Hispanic or Latino, 10.5% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between administrative underwriter and marine 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.

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.

Administrative underwriter vs marine 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 marine underwriter skills

Profitable Business, 25%
Risk Analysis, 17%
Loss Ratio, 13%
Business Development, 10%
Underwriting Authority, 8%
Profitable Book, 7%

Administrative Underwriter vs. similar jobs

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Administrative Underwriter vs Marine Underwriter

Updated January 8, 2025

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