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The differences between money managers and underwriting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a money manager and an underwriting manager. Additionally, an underwriting manager has an average salary of $77,426, which is higher than the $73,231 average annual salary of a money manager.
The top three skills for a money manager include BSA, anti-money laundering and bank secrecy act. The most important skills for an underwriting manager are customer service, portfolio, and risk management.
| Money Manager | Underwriting Manager | |
| Yearly salary | $73,231 | $77,426 |
| Hourly rate | $35.21 | $37.22 |
| Growth rate | 17% | 17% |
| Number of jobs | 58,982 | 44,546 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 73% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Money managers and underwriting managers have different pay scales, as shown below.
| Money Manager | Underwriting Manager | |
| Average salary | $73,231 | $77,426 |
| Salary range | Between $47,000 And $112,000 | Between $50,000 And $119,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New York |
| Best paying company | - | W. R. Berkley |
| Best paying industry | - | Insurance |
There are a few differences between a money manager and an underwriting manager in terms of educational background:
| Money Manager | Underwriting Manager | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between money managers' and underwriting managers' demographics:
| Money Manager | Underwriting Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 43.5% Female, 56.5% | Male, 49.5% Female, 50.5% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3% | Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 7.8% White, 64.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |