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Underwriting assistant vs insurance examining clerk

The differences between underwriting assistants and insurance examining clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an underwriting assistant and an insurance examining clerk. Additionally, an underwriting assistant has an average salary of $41,000, which is higher than the $38,537 average annual salary of an insurance examining clerk.

The top three skills for an underwriting assistant include insurance policies, data entry and loss runs. The most important skills for an insurance examining clerk are customer service, , and .

Underwriting assistant vs insurance examining clerk overview

Underwriting AssistantInsurance Examining Clerk
Yearly salary$41,000$38,537
Hourly rate$19.71$18.53
Growth rate-3%-3%
Number of jobs1,967100,102
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 39%
Average age4444
Years of experience22

Underwriting assistant vs insurance examining clerk salary

Underwriting assistants and insurance examining clerks have different pay scales, as shown below.

Underwriting AssistantInsurance Examining Clerk
Average salary$41,000$38,537
Salary rangeBetween $29,000 And $56,000Between $29,000 And $50,000
Highest paying CityNew York, NY-
Highest paying stateNew Jersey-
Best paying companyBerkshire Hathaway-
Best paying industry--

Differences between underwriting assistant and insurance examining clerk education

There are a few differences between an underwriting assistant and an insurance examining clerk in terms of educational background:

Underwriting AssistantInsurance Examining Clerk
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 39%
Most common majorBusinessBusiness
Most common collegeWestern Carolina University-

Underwriting assistant vs insurance examining clerk demographics

Here are the differences between underwriting assistants' and insurance examining clerks' demographics:

Underwriting AssistantInsurance Examining Clerk
Average age4444
Gender ratioMale, 20.2% Female, 79.8%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage11%11%

Differences between underwriting assistant and insurance examining clerk duties and responsibilities

Underwriting assistant example responsibilities.

  • Create and manage a file documentation checklist for all UW's and UT's.
  • Manage midterm transactions of assign book of business including: endorsements, cancellations and non-renewals.
  • Process documentation within manage database systems and ImageRight system for the legal binding of commercial insurance risk.
  • Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
  • Request ledger pages on the AS/400 and review for accuracy.
  • Specialize in processing commercial, development, residential, and SBA loans.
  • Show more

Insurance examining clerk example responsibilities.

  • Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
  • Communicate directly with providers and patients in order to obtain all necessary information and documentation require for proper billing of claims.
  • Examine incoming ITIN applications for accuracy and sorting purposes.

Underwriting assistant vs insurance examining clerk skills

Common underwriting assistant skills
  • Insurance Policies, 15%
  • Data Entry, 10%
  • Loss Runs, 9%
  • Strong Analytical, 5%
  • Insurance Applications, 5%
  • Underwriting Process, 5%
Common insurance examining clerk skills
  • Customer Service, 100%

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