Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between personal lines underwriters and insurance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a personal lines underwriter has an average salary of $69,706, which is higher than the $55,424 average annual salary of an insurance analyst.
The top three skills for a personal lines underwriter include insurance policies, underwriting decisions and loss ratio. The most important skills for an insurance analyst are insurance coverage, insurance policies, and life insurance.
| Personal Lines Underwriter | Insurance Analyst | |
| Yearly salary | $69,706 | $55,424 |
| Hourly rate | $33.51 | $26.65 |
| Growth rate | -4% | -4% |
| Number of jobs | 19,754 | 44,280 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 58% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A personal lines underwriter works at insurance companies to ensure that clients are eligible to receive insurance services. Their responsibilities include gathering and analyzing insurance applications, verifying client information, studying financial histories and occupational risks, and conducting interviews. They may also perform clerical support tasks such as preparing and processing documents, handling calls and correspondence, and updating databases. Moreover, a personal lines underwriter typically works in a team setting, which requires an active communication line for a smooth and efficient workflow.
An insurance analyst provides analytical services to maintain an efficient workflow at insurance companies. They are typically in charge of evaluating insurance policies to identify possible risks for the policyholder and the company, validating client information, and reviewing insurance applications to ensure their accuracy. They may meet with clients to answer inquiries, make arrangements, and advise which policies suit them the best. Moreover, an insurance analyst may process policy renewals and amendments, maintain records, perform cancellations, and investigate claims while adhering to the company's policies and regulations.
Personal lines underwriters and insurance analysts have different pay scales, as shown below.
| Personal Lines Underwriter | Insurance Analyst | |
| Average salary | $69,706 | $55,424 |
| Salary range | Between $43,000 And $111,000 | Between $34,000 And $88,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Capital Group | Credit Karma |
| Best paying industry | Insurance | - |
There are a few differences between a personal lines underwriter and an insurance analyst in terms of educational background:
| Personal Lines Underwriter | Insurance Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between personal lines underwriters' and insurance analysts' demographics:
| Personal Lines Underwriter | Insurance Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 28.7% Female, 71.3% |
| Race ratio | Black or African American, 9.2% Unknown, 2.5% Hispanic or Latino, 9.8% Asian, 5.7% White, 72.5% American Indian and Alaska Native, 0.4% | Black or African American, 11.1% Unknown, 2.4% Hispanic or Latino, 9.0% Asian, 5.4% White, 71.7% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 9% |