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Property underwriter vs bond underwriter

The differences between property underwriters and bond underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bond underwriter has an average salary of $78,172, 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 a bond underwriter are surety, financial strength, and bonds.

Property underwriter vs bond underwriter overview

Property UnderwriterBond Underwriter
Yearly salary$71,730$78,172
Hourly rate$34.49$37.58
Growth rate-4%-4%
Number of jobs11,6436,164
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 85%
Average age4444
Years of experience--

Property underwriter vs bond underwriter salary

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

Property UnderwriterBond Underwriter
Average salary$71,730$78,172
Salary rangeBetween $45,000 And $111,000Between $53,000 And $113,000
Highest paying CityBoston, MA-
Highest paying stateMassachusetts-
Best paying companyChubb-
Best paying industryFinance-

Differences between property underwriter and bond underwriter education

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

Property UnderwriterBond Underwriter
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 85%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Property underwriter vs bond underwriter demographics

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

Property UnderwriterBond Underwriter
Average age4444
Gender ratioMale, 47.1% Female, 52.9%Male, 54.7% Female, 45.3%
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, 8.0% Unknown, 2.5% Hispanic or Latino, 10.4% Asian, 5.9% White, 72.8% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between property underwriter and bond 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.

Bond underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Analyze construction companies for contract surety bond credit; conduct financial analysis of corporate financial statements.
  • Work closely with multiple insurance agents on underwriting fidelity bonds.
  • Obtain information from clients and underwrite and execute bonds as attorney-in-fact.
  • Determine desirability of surety accounts through review and financial analysis by working with agents and clients.
  • Review individual mortgage origination/post origination documentation and perform database research.
  • Show more

Property underwriter vs bond underwriter skills

Common property underwriter skills
  • CPCU, 11%
  • Underwriting Guidelines, 10%
  • Insurance Coverage, 7%
  • Insurance Laws, 6%
  • Broker Relationships, 6%
  • Commercial Property, 6%
Common bond underwriter skills
  • Surety, 40%
  • Financial Strength, 19%
  • Bonds, 15%
  • Underwriting Guidelines, 8%
  • Contractor Clients, 4%
  • Loss Ratio, 3%

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