Senior underwriter demographics and statistics in the US
Senior underwriter demographics research summary. Zippia estimates senior underwriter demographics and statistics in the United States by using a database of 30 million profiles. Our senior underwriter estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about senior underwriters after extensive research and analysis:
- There are over 99,915 senior underwriters currently employed in the United States.
- 58.0% of all senior underwriters are women, while 42.0% are men.
- The average senior underwriter age is 44 years old.
- The most common ethnicity of senior underwriters is White (72.9%), followed by Hispanic or Latino (9.4%), Black or African American (9.3%) and Asian (5.6%).
- Senior underwriters are most in-demand in New York, NY.
- The insurance industry is the highest-paying for senior underwriters.
- 9% of all senior underwriters are LGBT.
On this page
Senior underwriter demographics by:
Senior underwriter gender statistics
58.0% of senior underwriters are women and 42.0% of senior underwriters are men.
- Female, 58.0%
- Male, 42.0%
Senior underwriter gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.0% |
| Male | 42.0% |
Senior underwriter gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$71,341
Female income
$68,744
Senior underwriter gender ratio over time
This data breaks down the percentage of men and women in senior underwriter positions over time. Currently, 58.0% of senior underwriters are female.
Senior underwriter gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 33.10% | 66.90% |
| 2011 | 36.60% | 63.40% |
| 2012 | 35.18% | 64.82% |
| 2013 | 38.20% | 61.80% |
| 2014 | 37.29% | 62.71% |
| 2015 | 40.14% | 59.86% |
| 2016 | 41.32% | 58.68% |
| 2017 | 39.20% | 60.80% |
| 2018 | 41.26% | 58.74% |
| 2019 | 45.61% | 54.39% |
| 2020 | 39.17% | 60.83% |
| 2021 | 42.05% | 57.95% |
Senior underwriter related jobs gender ratio
We compared senior underwriters with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Senior Underwriter | 42% | 58% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Senior underwriter demographics by race
The most common ethnicity among senior underwriters is White, which makes up 72.9% of all senior underwriters. Comparatively, 9.4% of senior underwriters are Hispanic or Latino and 9.3% of senior underwriters are Black or African American.
- White, 72.9%
- Hispanic or Latino, 9.4%
- Black or African American, 9.3%
- Asian, 5.6%
- Unknown, 2.5%
- American Indian and Alaska Native, 0.3%
Senior underwriter race
| Senior underwriter race | Percentages |
|---|---|
| White | 72.9% |
| Hispanic or Latino | 9.4% |
| Black or African American | 9.3% |
| Asian | 5.6% |
| Unknown | 2.5% |
| American Indian and Alaska Native | 0.3% |
Senior underwriter race and ethnicity over time
See how senior underwriter racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Senior underwriter race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.68% | 9.90% | 5.37% | 8.23% |
| 2011 | 74.24% | 11.08% | 4.48% | 8.41% |
| 2012 | 72.56% | 10.83% | 5.92% | 9.46% |
| 2013 | 74.02% | 10.57% | 5.95% | 7.41% |
| 2014 | 73.45% | 11.56% | 4.48% | 8.79% |
| 2015 | 71.97% | 11.42% | 5.29% | 9.42% |
| 2016 | 70.88% | 12.06% | 4.88% | 10.05% |
| 2017 | 71.74% | 9.05% | 7.59% | 9.72% |
| 2018 | 72.36% | 9.13% | 7.01% | 9.54% |
| 2019 | 71.52% | 10.42% | 6.36% | 9.46% |
| 2020 | 70.02% | 10.49% | 5.13% | 10.76% |
| 2021 | 72.89% | 9.33% | 5.56% | 9.39% |
Senior underwriter wage gap by race
According to our data, unknown senior underwriters have the highest average salary compared to other ethnicities. Black or african american senior underwriters have the lowest average salary at $65,528.
| Ethnicity | Salary |
|---|---|
| Unknown | $75,161 |
| White | $73,045 |
| Black or African American | $65,528 |
| Asian | $72,757 |
| Hispanic or Latino | $70,601 |
Average senior underwriter age
See how the average age of senior underwriters varies based on ethnicity and gender.
Male
Female
Senior underwriter age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 45 | |
| White | 38 | 47.5 |
| Black or African American | 45.5 | 50.5 |
| Asian | 38 | 41 |
| Hispanic or Latino | 40.5 | 47.5 |
Senior underwriter age breakdown
The average age of senior underwriters is 40+ years years old, representing 61% of the senior underwriter population.
Senior underwriter age breakdown
| Senior Underwriter Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 27% |
| 20-30 years | 11% |
Senior underwriter educational attainment
The most common degree for senior underwriters is bachelor's degree, with 71% of senior underwriters earning that degree. The second and third most common degree levels are associate degree degree at 13% and associate degree degree at 8%.
- Bachelor's, 71%
- Associate, 13%
- Master's, 8%
- High School Diploma, 5%
- Other Degrees, 3%
Senior underwriters by degree level
| Senior underwriter degree | Percentages |
|---|---|
| Bachelor's | 71% |
| Associate | 13% |
| Master's | 8% |
| High School Diploma | 5% |
| Other Degrees | 3% |
Senior underwriter jobs you might like
Senior underwriter wage gap by degree level
According to the data, senior underwriters with a Master's degree earn more than those without, at $92,604 annually. With a Bachelor's degree, senior underwriters earn a median annual income of $77,764 compared to $58,669 for senior underwriters with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $92,604 |
| High School Diploma or Less | $56,924 |
| Bachelor's Degree | $77,764 |
| Some College/ Associate Degree | $58,669 |
Senior underwriter employment statistics
Most senior underwriters work for a private in the finance industry.
Company size where senior underwriters work
Below, you can see the size of companies where senior underwriters work.
Senior underwriter jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 7% |
| 50 - 100 employees | 15% |
| 100 - 500 employees | 19% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 28% |
| > 10,000 employees | 20% |
Senior underwriter jobs by company type
Employees with the senior underwriter job title have their preferences when it comes to working for a company. For instance, most senior underwriters prefer to work at private companies over public companies.
Senior underwriter jobs by sector
| Company type | Percentages |
|---|---|
| Education | 0% |
| Public | 28% |
| Private | 71% |
| Government | 1% |
Senior underwriter jobs by industry
The most common industries for senior underwriters are finance, insurance and professional.
Senior underwriter industry statistics
| Industry | Percentages |
|---|---|
| Finance | 44% |
| Insurance | 24% |
| Fortune 500 | 12% |
| Professional | 5% |
| Manufacturing | 2% |
| Health Care | 2% |
| Technology | 2% |
| Real Estate | 2% |
| Media | 1% |
| Hospitality | 1% |
| Retail | 1% |
| Start-up | 1% |
| Non Profits | 1% |
Senior underwriter turnover and employment statistics
Senior underwriter unemployment rate over time
The unemployment rate for senior underwriters between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Senior underwriter unemployment rate by year
| Year | Senior underwriter unemployment rate |
|---|---|
| 2010 | 3.82% |
| 2011 | 3.75% |
| 2012 | 3.22% |
| 2013 | 3.64% |
| 2014 | 2.32% |
| 2015 | 1.60% |
| 2016 | 1.56% |
| 2017 | 2.16% |
| 2018 | 1.88% |
| 2019 | 1.22% |
| 2020 | 1.67% |
| 2021 | 2.13% |
Average senior underwriter tenure
The average senior underwriter stays at their job for 1-2 years, based on the 9,787 senior underwriters resumes in Zippia's database.
Senior underwriter tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 17% |
| 1-2 years | 37% |
| 3-4 years | 17% |
| 5-7 years | 14% |
| 8-10 years | 6% |
| 11+ years | 9% |
Senior underwriter LGBT ratio compared to similar jobs
Review the percent of senior underwriters that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Senior Finance Consultant | 7.33% | 112,032 |
| Accounting Supervisor | 7.40% | 56,377 |
| Tax Consultant | 7.56% | 39,379 |
| Commissioner Of Internal Revenue | 7.65% | 11,713 |
| Senior Underwriter | 8.77% | - |
| Senior Cost Analyst | 12.94% | 53,872 |
| Finance Compliance Examiner | 19.38% | 85,381 |
Similar senior underwriter jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Finance Consultant | 7.33% | 112,032 |
| Accounting Supervisor | 7.40% | 56,377 |
| Tax Consultant | 7.56% | 39,379 |
| Commissioner Of Internal Revenue | 7.65% | 11,713 |
| Senior Cost Analyst | 12.94% | 53,872 |
| Finance Compliance Examiner | 19.38% | 85,381 |
Foreign languages spoken by senior underwriters
The most common foreign language among senior underwriters is Spanish at 52.8%. The second-most popular foreign language spoken is Chinese at 5.6% and Russian is the third-most popular at 5.6%.
- Spanish, 52.8%
- Chinese, 5.6%
- Russian, 5.6%
- French, 4.9%
- Mandarin, 4.9%
- Other, 26.2%
Senior underwriter languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 52.8% |
| Chinese | 5.6% |
| Russian | 5.6% |
| French | 4.9% |
| Mandarin | 4.9% |
| Other | 26.2% |
