Post job

Insurance writer vs underwriting consultant

The differences between insurance writers and underwriting consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, an underwriting consultant has an average salary of $71,693, which is higher than the $35,740 average annual salary of an insurance writer.

Insurance writer vs underwriting consultant overview

Insurance WriterUnderwriting Consultant
Yearly salary$35,740$71,693
Hourly rate$17.18$34.47
Growth rate-4%-4%
Number of jobs46,5666,804
Job satisfaction-5
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 77%
Average age4444
Years of experience--

Insurance writer vs underwriting consultant salary

Insurance writers and underwriting consultants have different pay scales, as shown below.

Insurance WriterUnderwriting Consultant
Average salary$35,740$71,693
Salary rangeBetween $27,000 And $46,000Between $49,000 And $103,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-CVS Health
Best paying industry-Health Care

Differences between insurance writer and underwriting consultant education

There are a few differences between an insurance writer and an underwriting consultant in terms of educational background:

Insurance WriterUnderwriting Consultant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance writer vs underwriting consultant demographics

Here are the differences between insurance writers' and underwriting consultants' demographics:

Insurance WriterUnderwriting Consultant
Average age4444
Gender ratioMale, 41.9% Female, 58.1%Male, 48.2% Female, 51.8%
Race ratioBlack or African American, 6.7% Unknown, 2.3% Hispanic or Latino, 6.8% Asian, 4.7% White, 79.1% American Indian and Alaska Native, 0.4%Black or African American, 9.1% Unknown, 2.5% Hispanic or Latino, 9.7% Asian, 5.7% White, 72.8% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between insurance writer and underwriting consultant duties and responsibilities

Insurance writer example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Examine highly sensitive and confidential patient information while maintaining HIPAA compliance.
  • Examine highly sensitive and confidential patient information while remaining HIPAA compliant.
  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Dispruse insurance claim money to customers as repairs are done to their home.
  • Gather, times, dates, receipts, and photos of damage home and after repairs are done.
  • Show more

Underwriting consultant example responsibilities.

  • Risk assessment to achieve profitability on assign book of business through renewal calculations and RFP responses.
  • Provide evidence and assurance that the credit quality of the portfolio remains within standards establish by senior management.
  • Review lender appeals to determine if the documentation provide cures the deficiencies.
  • Direct responsibility for monitoring and auditing lending activity and loan portfolio to ensure compliance with regulations.
  • Review of appeals; concluding and processing the finalization; communicating the adjustments to the original underwriter for educational purposes.
  • Monitor performance, to include turn-times, productivity, volume, QC audits on a daily basis.
  • Show more

Browse business and financial jobs