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Administrative underwriter vs underwriter

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

The top three skills for an administrative underwriter include loan applications, financial statements and underwriting process. The most important skills for an underwriter are customer service, investor guidelines, and mortgage loans.

Administrative underwriter vs underwriter overview

Administrative UnderwriterUnderwriter
Yearly salary$76,551$61,751
Hourly rate$36.80$29.69
Growth rate-4%-4%
Number of jobs39,5728,510
Job satisfaction-3
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 66%
Average age4444
Years of experience--

Administrative underwriter vs underwriter salary

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

Administrative UnderwriterUnderwriter
Average salary$76,551$61,751
Salary rangeBetween $51,000 And $113,000Between $39,000 And $96,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-Google
Best paying industry-Manufacturing

Differences between administrative underwriter and underwriter education

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

Administrative UnderwriterUnderwriter
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Administrative underwriter vs underwriter demographics

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

Administrative UnderwriterUnderwriter
Average age4444
Gender ratioMale, 23.7% Female, 76.3%Male, 38.4% Female, 61.6%
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, 9.6% Asian, 5.6% White, 72.7% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between administrative underwriter and 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.

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.
  • Show more

Administrative underwriter vs 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 underwriter skills
  • Customer Service, 11%
  • Investor Guidelines, 6%
  • Mortgage Loans, 5%
  • Underwriting Guidelines, 5%
  • Financial Statements, 4%
  • FHA, 3%

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