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Underwriting account representative vs insurance underwriter

The differences between underwriting account representatives and insurance underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance underwriter has an average salary of $64,163, which is higher than the $47,475 average annual salary of an underwriting account representative.

The top three skills for an underwriting account representative include customer service, insurance coverage and market trends. The most important skills for an insurance underwriter are health insurance, insurance underwriting, and insurance coverage.

Underwriting account representative vs insurance underwriter overview

Underwriting Account RepresentativeInsurance Underwriter
Yearly salary$47,475$64,163
Hourly rate$22.82$30.85
Growth rate-4%-4%
Number of jobs59,81939,026
Job satisfaction-3
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 67%
Average age4444
Years of experience--

Underwriting account representative vs insurance underwriter salary

Underwriting account representatives and insurance underwriters have different pay scales, as shown below.

Underwriting Account RepresentativeInsurance Underwriter
Average salary$47,475$64,163
Salary rangeBetween $34,000 And $65,000Between $35,000 And $116,000
Highest paying City-Hartford, CT
Highest paying state-Connecticut
Best paying company-Citi
Best paying industry--

Differences between underwriting account representative and insurance underwriter education

There are a few differences between an underwriting account representative and an insurance underwriter in terms of educational background:

Underwriting Account RepresentativeInsurance Underwriter
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting account representative vs insurance underwriter demographics

Here are the differences between underwriting account representatives' and insurance underwriters' demographics:

Underwriting Account RepresentativeInsurance Underwriter
Average age4444
Gender ratioMale, 37.7% Female, 62.3%Male, 33.4% Female, 66.6%
Race ratioBlack or African American, 7.8% Unknown, 2.5% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.4%Black or African American, 9.2% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 72.3% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between underwriting account representative and insurance underwriter duties and responsibilities

Underwriting account representative example responsibilities.

  • Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
  • Verify medicaid waive eligibility for non-emergency transportation.
  • Train hundreds of union members throughout Louisiana using PowerPoint presentations on how to become politically involve and mobilize.

Insurance underwriter example responsibilities.

  • Manage patient's records, appointments, and account balances while adhering to HIPPA standards.
  • Manage A/R, A/P, credentialing, surgery scheduling, and coordinate patient referrals to other physicians.
  • Manage operating procedure and accounting systems for payroll, operating expenses, supplies and inventory management and commercial accounts.
  • Prepare all HCFA billing with proper ICD-9 codes and CPT codes for accurate turn around time on payments.
  • Follow up with insurance carriers and patients to expedite the recovery of payment obligations
  • File insurance and process billing and payments, coordinate patients financial arrangements, present treatment plans, verify insurance coverage.
  • Show more

Underwriting account representative vs insurance underwriter skills

Common underwriting account representative skills
  • Customer Service, 27%
  • Insurance Coverage, 26%
  • Market Trends, 11%
  • Underwriting Guidelines, 9%
  • Credit Card Payments, 7%
  • Insurance Products, 7%
Common insurance underwriter skills
  • Health Insurance, 11%
  • Insurance Underwriting, 8%
  • Insurance Coverage, 8%
  • Customer Service, 8%
  • Underwriting Guidelines, 7%
  • Insurance Products, 6%

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