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Securities underwriter vs senior underwriter

The differences between securities underwriters and senior underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a securities underwriter has an average salary of $89,495, which is higher than the $69,375 average annual salary of a senior underwriter.

The top three skills for a securities underwriter include legal compliance, and . The most important skills for a senior underwriter are customer service, portfolio, and underwriting guidelines.

Securities underwriter vs senior underwriter overview

Securities UnderwriterSenior Underwriter
Yearly salary$89,495$69,375
Hourly rate$43.03$33.35
Growth rate-4%-4%
Number of jobs8,5686,726
Job satisfaction--
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 71%
Average age4344
Years of experience--

Securities underwriter vs senior underwriter salary

Securities underwriters and senior underwriters have different pay scales, as shown below.

Securities UnderwriterSenior Underwriter
Average salary$89,495$69,375
Salary rangeBetween $64,000 And $123,000Between $44,000 And $108,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Capital Group
Best paying industry-Insurance

Differences between securities underwriter and senior underwriter education

There are a few differences between a securities underwriter and a senior underwriter in terms of educational background:

Securities UnderwriterSenior Underwriter
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Securities underwriter vs senior underwriter demographics

Here are the differences between securities underwriters' and senior underwriters' demographics:

Securities UnderwriterSenior Underwriter
Average age4344
Gender ratioMale, 50.0% Female, 50.0%Male, 42.0% Female, 58.0%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%Black or African American, 9.3% Unknown, 2.5% Hispanic or Latino, 9.4% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage4%9%

Differences between securities underwriter and senior underwriter duties and responsibilities

Securities underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Review individual mortgage origination/post origination documentation and perform database research.
  • Review individual mortgage origination/post origination documentation and perform database research.

Senior underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Perform underwriter approval/declines on FHA, VA, FmHA and conventional loan applications providing financing for one-to-four family residential properties.
  • Fix and n variable annuities.
  • Check for the accuracy and proper recording of UCC filings and mortgages.
  • Order and review flood searches, title reports, UCC searches, appraisals, insurance policies and binders, and contracts.
  • Review preliminary HUD-1 for accuracy.
  • Show more

Securities underwriter vs senior underwriter skills

Common securities underwriter skills
  • Legal Compliance, 100%
Common senior underwriter skills
  • Customer Service, 11%
  • Portfolio, 8%
  • Underwriting Guidelines, 5%
  • Strong Analytical, 4%
  • SR, 4%
  • Excellent Interpersonal, 4%

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