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The differences between commercial lines underwriters and health underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a health underwriter has an average salary of $81,313, 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 a health underwriter are underwriting guidelines, medical history, and risk assessments.
| Commercial Lines Underwriter | Health Underwriter | |
| Yearly salary | $67,892 | $81,313 |
| Hourly rate | $32.64 | $39.09 |
| Growth rate | -4% | -4% |
| Number of jobs | 33,047 | 52,926 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Commercial lines underwriters are professionals who are responsible for reviewing corporate insurance applications to evaluate the risk involved and to approve or disapprove applicants. These underwriters are required to analyze the business information of their clients as well as monitor their activities to change insurance policies when risk is high or substandard. They must contact outside parties to discuss and explain underwriting policies as well as quote rates. Commercial lines underwriters must also utilize underwriting guidelines so that they can determine the loss-ratio history and loss-control reports.
A health underwriter is faced with the responsibility of determining if an individual who has applied for a health insurance plan truly qualifies for it. This job is very important, as they will be tasked with ensuring that individuals do not only buy a health insurance plan when they are sick or require urgent medical attention. They may be responsible for choosing which risks a health insurance company will bear and the specific conditions in which clients' health will be covered.
Commercial lines underwriters and health underwriters have different pay scales, as shown below.
| Commercial Lines Underwriter | Health Underwriter | |
| Average salary | $67,892 | $81,313 |
| Salary range | Between $44,000 And $104,000 | Between $56,000 And $117,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a commercial lines underwriter and a health underwriter in terms of educational background:
| Commercial Lines Underwriter | Health Underwriter | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commercial lines underwriters' and health underwriters' demographics:
| Commercial Lines Underwriter | Health Underwriter | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 40.3% Female, 59.7% |
| Race ratio | Black 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, 8.9% Unknown, 2.5% Hispanic or Latino, 10.1% Asian, 5.8% White, 72.3% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 9% |