Post job

Commercial lines underwriter vs account underwriter

The differences between commercial lines underwriters and account underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account underwriter has an average salary of $74,374, which is higher than the $67,892 average annual salary of a commercial lines underwriter.

The top three skills for a commercial lines underwriter include CPCU, multi-line and commercial property. The most important skills for an account underwriter are risk management, underwriting process, and underwriting guidelines.

Commercial lines underwriter vs account underwriter overview

Commercial Lines UnderwriterAccount Underwriter
Yearly salary$67,892$74,374
Hourly rate$32.64$35.76
Growth rate-4%-4%
Number of jobs33,04756,487
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 79%
Average age4444
Years of experience--

Commercial lines underwriter vs account underwriter salary

Commercial lines underwriters and account underwriters have different pay scales, as shown below.

Commercial Lines UnderwriterAccount Underwriter
Average salary$67,892$74,374
Salary rangeBetween $44,000 And $104,000Between $49,000 And $111,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between commercial lines underwriter and account underwriter education

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

Commercial Lines UnderwriterAccount Underwriter
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 79%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lines underwriter vs account underwriter demographics

Here are the differences between commercial lines underwriters' and account underwriters' demographics:

Commercial Lines UnderwriterAccount Underwriter
Average age4444
Gender ratioMale, 43.1% Female, 56.9%Male, 43.4% Female, 56.6%
Race ratioBlack or African American, 9.2% Unknown, 2.5% Hispanic or Latino, 10.1% Asian, 5.8% White, 72.1% American Indian and Alaska Native, 0.4%Black or African American, 9.8% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 72.1% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between commercial lines underwriter and account underwriter duties and responsibilities

Commercial lines 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.

Account 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 lines underwriter vs account underwriter skills

Common commercial lines underwriter skills
  • CPCU, 14%
  • Multi-Line, 13%
  • Commercial Property, 8%
  • Loss Ratio, 7%
  • Renewal Retention, 4%
  • Risk Selection, 4%
Common account underwriter skills
  • Risk Management, 24%
  • Underwriting Process, 17%
  • Underwriting Guidelines, 13%
  • Underwriting Authority, 10%
  • Financial Analysis, 9%
  • National Accounts, 6%

Browse business and financial jobs