Underwriting account representative vs marine underwriter

The differences between underwriting account representatives and marine underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a marine underwriter has an average salary of $77,871, 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 a marine underwriter are profitable business, risk analysis, and loss ratio.

Underwriting account representative vs marine underwriter overview

	Underwriting Account Representative	Marine Underwriter
Yearly salary	$47,475	$77,871
Hourly rate	$22.82	$37.44
Growth rate	-4%	-4%
Number of jobs	59,819	16,546
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 66%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	-	-

Underwriting account representative vs marine underwriter salary

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

	Underwriting Account Representative	Marine Underwriter
Average salary	$47,475	$77,871
Salary range	Between $34,000 And $65,000	Between $53,000 And $113,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between underwriting account representative and marine underwriter education

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

	Underwriting Account Representative	Marine Underwriter
Most common degree	Bachelor's Degree, 66%	Bachelor's Degree, 77%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Underwriting account representative vs marine underwriter demographics

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

	Underwriting Account Representative	Marine Underwriter
Average age	44	44
Gender ratio	Male, 37.7% Female, 62.3%	Male, 59.5% Female, 40.5%
Race ratio	Black 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, 8.1% Unknown, 2.5% Hispanic or Latino, 10.5% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between underwriting account representative and marine 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.

Marine 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.

Underwriting account representative vs marine 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 marine underwriter skills

Profitable Business, 25%
Risk Analysis, 17%
Loss Ratio, 13%
Business Development, 10%
Underwriting Authority, 8%
Profitable Book, 7%

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Underwriting Account Representative vs Marine Underwriter

Updated January 8, 2025

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