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Life underwriter vs underwriting account representative

The differences between life underwriters and underwriting account representatives 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 $47,475 average annual salary of an underwriting account representative.

The top three skills for a life underwriter include underwriting decisions, risk selection and health insurance. The most important skills for an underwriting account representative are customer service, insurance coverage, and market trends.

Life underwriter vs underwriting account representative overview

Life UnderwriterUnderwriting Account Representative
Yearly salary$78,633$47,475
Hourly rate$37.80$22.82
Growth rate-4%-4%
Number of jobs16,76759,819
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 66%
Average age4444
Years of experience--

Life underwriter vs underwriting account representative salary

Life underwriters and underwriting account representatives have different pay scales, as shown below.

Life UnderwriterUnderwriting Account Representative
Average salary$78,633$47,475
Salary rangeBetween $53,000 And $116,000Between $34,000 And $65,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between life underwriter and underwriting account representative education

There are a few differences between a life underwriter and an underwriting account representative in terms of educational background:

Life UnderwriterUnderwriting Account Representative
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Life underwriter vs underwriting account representative demographics

Here are the differences between life underwriters' and underwriting account representatives' demographics:

Life UnderwriterUnderwriting Account Representative
Average age4444
Gender ratioMale, 41.7% Female, 58.3%Male, 37.7% Female, 62.3%
Race ratioBlack 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, 7.8% Unknown, 2.5% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between life underwriter and underwriting account representative duties and responsibilities

Life underwriter example responsibilities.

  • Review individual mortgage origination/post origination documentation and perform database research.
  • Review individual mortgage origination/post origination documentation and perform database research.

Underwriting account representative example responsibilities.

  • Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
  • Verify medicaid waive eligibility for non-emergency transportation.
  • Train hundreds of union members throughout Louisiana using PowerPoint presentations on how to become politically involve and mobilize.

Life underwriter vs underwriting account representative skills

Common life underwriter skills
  • Underwriting Decisions, 9%
  • Risk Selection, 8%
  • Health Insurance, 8%
  • Medical History, 6%
  • Strong Analytical, 6%
  • EKG, 5%
Common underwriting account representative skills
  • Customer Service, 27%
  • Insurance Coverage, 26%
  • Market Trends, 11%
  • Underwriting Guidelines, 9%
  • Credit Card Payments, 7%
  • Insurance Products, 7%

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