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The differences between life 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 $78,633 average annual salary of a life underwriter.
The top three skills for a life underwriter include underwriting decisions, risk selection and health insurance. The most important skills for a health underwriter are underwriting guidelines, medical history, and risk assessments.
| Life Underwriter | Health Underwriter | |
| Yearly salary | $78,633 | $81,313 |
| Hourly rate | $37.80 | $39.09 |
| Growth rate | -4% | -4% |
| Number of jobs | 16,767 | 52,926 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A life underwriter is a person who helps give the insurer a detailed outlook on their health and presents them with a premium. An underwriter works for an insurance company and examines an insurer's eligibility for certain benefits. They then evaluate the application depending on their capacity to pay and their current health status. Also, they need to inform them about the advantages and disadvantages of having life insurance.
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.
Life underwriters and health underwriters have different pay scales, as shown below.
| Life Underwriter | Health Underwriter | |
| Average salary | $78,633 | $81,313 |
| Salary range | Between $53,000 And $116,000 | 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 life underwriter and a health underwriter in terms of educational background:
| Life Underwriter | Health Underwriter | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between life underwriters' and health underwriters' demographics:
| Life Underwriter | Health Underwriter | |
| Average age | 44 | 44 |
| Gender ratio | Male, 41.7% Female, 58.3% | Male, 40.3% Female, 59.7% |
| 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, 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% |