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The differences between consumer loan officers and senior underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a consumer loan officer has an average salary of $84,607, which is higher than the $69,375 average annual salary of a senior underwriter.
The top three skills for a consumer loan officer include financial statements, financial services and outbound calls. The most important skills for a senior underwriter are customer service, portfolio, and underwriting guidelines.
| Consumer Loan Officer | Senior Underwriter | |
| Yearly salary | $84,607 | $69,375 |
| Hourly rate | $40.68 | $33.35 |
| Growth rate | 4% | -4% |
| Number of jobs | 68,163 | 6,726 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Average age | 45 | 44 |
| Years of experience | 6 | - |
Consumer loan officers and senior underwriters have different pay scales, as shown below.
| Consumer Loan Officer | Senior Underwriter | |
| Average salary | $84,607 | $69,375 |
| Salary range | Between $61,000 And $116,000 | Between $44,000 And $108,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Capital Group |
| Best paying industry | - | Insurance |
There are a few differences between a consumer loan officer and a senior underwriter in terms of educational background:
| Consumer Loan Officer | Senior Underwriter | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between consumer loan officers' and senior underwriters' demographics:
| Consumer Loan Officer | Senior Underwriter | |
| Average age | 45 | 44 |
| Gender ratio | Male, 48.9% Female, 51.1% | Male, 42.0% Female, 58.0% |
| Race ratio | Black or African American, 9.4% Unknown, 4.6% Hispanic or Latino, 15.6% Asian, 6.5% White, 63.5% American Indian and Alaska Native, 0.5% | Black or African American, 9.3% Unknown, 2.5% Hispanic or Latino, 9.4% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 9% |