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The differences between underwriting assistants and underwriting 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 underwriting clerk. Additionally, an underwriting assistant has an average salary of $41,000, which is higher than the $32,630 average annual salary of an underwriting clerk.
The top three skills for an underwriting assistant include insurance policies, data entry and loss runs. The most important skills for an underwriting clerk are insurance policies, data entry, and insurance coverage.
| Underwriting Assistant | Underwriting Clerk | |
| Yearly salary | $41,000 | $32,630 |
| Hourly rate | $19.71 | $15.69 |
| Growth rate | -3% | -3% |
| Number of jobs | 1,967 | 68,040 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 37% |
| Average age | 44 | 44 |
| Years of experience | 2 | 2 |
Underwriting assistants and underwriting clerks have different pay scales, as shown below.
| Underwriting Assistant | Underwriting Clerk | |
| Average salary | $41,000 | $32,630 |
| Salary range | Between $29,000 And $56,000 | Between $27,000 And $38,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New Jersey | - |
| Best paying company | Berkshire Hathaway | - |
| Best paying industry | - | - |
There are a few differences between an underwriting assistant and an underwriting clerk in terms of educational background:
| Underwriting Assistant | Underwriting Clerk | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Stanford University |
Here are the differences between underwriting assistants' and underwriting clerks' demographics:
| Underwriting Assistant | Underwriting Clerk | |
| Average age | 44 | 44 |
| Gender ratio | Male, 20.2% Female, 79.8% | Male, 17.1% Female, 82.9% |
| Race ratio | 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% | 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 Percentage | 11% | 11% |