Securities underwriter vs underwriter

The differences between securities underwriters and 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 $61,751 average annual salary of an underwriter.

The top three skills for a securities underwriter include legal compliance, and . The most important skills for an underwriter are customer service, investor guidelines, and mortgage loans.

Securities underwriter vs underwriter overview

	Securities Underwriter	Underwriter
Yearly salary	$89,495	$61,751
Hourly rate	$43.03	$29.69
Growth rate	-4%	-4%
Number of jobs	8,568	8,510
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 66%
Average age	43	44
Years of experience	-	-

Securities underwriter vs underwriter salary

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

	Securities Underwriter	Underwriter
Average salary	$89,495	$61,751
Salary range	Between $64,000 And $123,000	Between $39,000 And $96,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	Google
Best paying industry	-	Manufacturing

Differences between securities underwriter and underwriter education

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

	Securities Underwriter	Underwriter
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Securities underwriter vs underwriter demographics

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

	Securities Underwriter	Underwriter
Average age	43	44
Gender ratio	Male, 50.0% Female, 50.0%	Male, 38.4% Female, 61.6%
Race ratio	Black 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, 9.2% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 72.7% American Indian and Alaska Native, 0.4%
LGBT Percentage	4%	9%

Differences between securities underwriter and 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.

Underwriter example responsibilities.

Attain Jr. underwriter status and AUS underwriting authority.
Manage AUS findings and analyze approvals and results accordingly.
Complete initial review of appraisals, borrower credit documents, and DU/LP findings according to Fannie Mae and investor guidelines.
Research and develop SBA program.
Work on project putting together HPR policy.
Resolve issues preventing final disposition of REO properties.

Securities underwriter vs underwriter skills

Common securities underwriter skills

Legal Compliance, 100%

Common underwriter skills

Customer Service, 11%
Investor Guidelines, 6%
Mortgage Loans, 5%
Underwriting Guidelines, 5%
Financial Statements, 4%
FHA, 3%