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Property underwriter vs administrative underwriter

The differences between property underwriters and administrative underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an administrative underwriter has an average salary of $76,551, which is higher than the $71,730 average annual salary of a property underwriter.

The top three skills for a property underwriter include CPCU, underwriting guidelines and insurance coverage. The most important skills for an administrative underwriter are loan applications, financial statements, and underwriting process.

Property underwriter vs administrative underwriter overview

Property UnderwriterAdministrative Underwriter
Yearly salary$71,730$76,551
Hourly rate$34.49$36.80
Growth rate-4%-4%
Number of jobs11,64339,572
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 67%
Average age4444
Years of experience--

Property underwriter vs administrative underwriter salary

Property underwriters and administrative underwriters have different pay scales, as shown below.

Property UnderwriterAdministrative Underwriter
Average salary$71,730$76,551
Salary rangeBetween $45,000 And $111,000Between $51,000 And $113,000
Highest paying CityBoston, MA-
Highest paying stateMassachusetts-
Best paying companyChubb-
Best paying industryFinance-

Differences between property underwriter and administrative underwriter education

There are a few differences between a property underwriter and an administrative underwriter in terms of educational background:

Property UnderwriterAdministrative Underwriter
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Property underwriter vs administrative underwriter demographics

Here are the differences between property underwriters' and administrative underwriters' demographics:

Property UnderwriterAdministrative Underwriter
Average age4444
Gender ratioMale, 47.1% Female, 52.9%Male, 23.7% Female, 76.3%
Race ratioBlack or African American, 9.7% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 71.9% American Indian and Alaska Native, 0.4%Black or African American, 10.8% Unknown, 2.4% Hispanic or Latino, 8.8% Asian, 5.4% White, 72.2% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between property underwriter and administrative underwriter duties and responsibilities

Property 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.

Administrative 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.

Property underwriter vs administrative underwriter skills

Common property underwriter skills
  • CPCU, 11%
  • Underwriting Guidelines, 10%
  • Insurance Coverage, 7%
  • Insurance Laws, 6%
  • Broker Relationships, 6%
  • Commercial Property, 6%
Common administrative underwriter skills
  • Loan Applications, 38%
  • Financial Statements, 25%
  • Underwriting Process, 13%
  • Insurance Policies, 12%
  • Risk Assessments, 6%
  • Life Insurance Applications, 5%

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