This question is about underwriter salaries and underwriter jobs.

Is underwriting a dying career?

By Zippia Team - Nov. 17, 2021

No, underwriting is not a dying career. Although automated underwriting software has allowed applications to process more quickly, underwriters are still necessary for higher-level functions like providing analytical insight and decision-making.

In some industries like insurance, there is a projected decline of two percent from 2020 to 2030, according to the U.S. Bureau of Labor Statistics. In general, however, underwriters will still be necessary for complex insurance fields like marine insurance.

Also, some other industries have a shortage of underwriters, so the occupation is in high demand.

For example, Mortgage Professional America (MPA) reported in late 2020 that the mortgage industry didn't have enough underwriters, forcing loans to take longer to close.

Choose from 10+ customizable resume templates

Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.