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The differences between life underwriters and account underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a life underwriter has an average salary of $78,633, which is higher than the $74,374 average annual salary of an account underwriter.
The top three skills for a life underwriter include underwriting decisions, risk selection and health insurance. The most important skills for an account underwriter are risk management, underwriting process, and underwriting guidelines.
| Life Underwriter | Account Underwriter | |
| Yearly salary | $78,633 | $74,374 |
| Hourly rate | $37.80 | $35.76 |
| Growth rate | -4% | -4% |
| Number of jobs | 16,767 | 56,487 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 79% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Life underwriters and account underwriters have different pay scales, as shown below.
| Life Underwriter | Account Underwriter | |
| Average salary | $78,633 | $74,374 |
| Salary range | Between $53,000 And $116,000 | Between $49,000 And $111,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a life underwriter and an account underwriter in terms of educational background:
| Life Underwriter | Account Underwriter | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between life underwriters' and account underwriters' demographics:
| Life Underwriter | Account Underwriter | |
| Average age | 44 | 44 |
| Gender ratio | Male, 41.7% Female, 58.3% | Male, 43.4% Female, 56.6% |
| Race ratio | Black or African American, 8.8% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 73.0% 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 Percentage | 9% | 9% |