Underwriting consultant demographics and statistics in the US
Underwriting consultant demographics research summary. Zippia estimates underwriting consultant demographics and statistics in the United States by using a database of 30 million profiles. Our underwriting consultant estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about underwriting consultants after extensive research and analysis:
- There are over 3,606 underwriting consultants currently employed in the United States.
- 51.8% of all underwriting consultants are women, while 48.2% are men.
- The average underwriting consultant age is 44 years old.
- The most common ethnicity of underwriting consultants is White (72.8%), followed by Hispanic or Latino (9.7%), Black or African American (9.1%) and Asian (5.7%).
- Underwriting consultants are most in-demand in Hartford, CT.
- Boston, MA pays an annual average wage of $95,420, the highest in the US.
- In 2022, women underwriting consultants earned 97% of what men earned.
- Colorado is the best state for underwriting consultants to live.
- Underwriting consultants are 65% more likely to work at private companies in comparison to public companies.
On this page
Underwriting consultant demographics by:
Underwriting consultant gender statistics
51.8% of underwriting consultants are women and 48.2% of underwriting consultants are men.
- Female, 51.8%
- Male, 48.2%
Underwriting consultant gender ratio
| Gender | Percentages |
|---|---|
| Female | 51.8% |
| Male | 48.2% |
Underwriting consultant gender pay gap
Women earn 97¢ for every $1 earned by men
Male income
$73,380
Female income
$71,150
Underwriting consultant gender ratio over time
This data breaks down the percentage of men and women in underwriting consultant positions over time. Currently, 51.8% of underwriting consultants are female.
Underwriting consultant gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 38.82% | 61.18% |
| 2011 | 42.54% | 57.46% |
| 2012 | 41.04% | 58.96% |
| 2013 | 44.22% | 55.78% |
| 2014 | 43.26% | 56.74% |
| 2015 | 46.23% | 53.77% |
| 2016 | 47.45% | 52.55% |
| 2017 | 45.25% | 54.75% |
| 2018 | 47.38% | 52.62% |
| 2019 | 51.82% | 48.18% |
| 2020 | 45.23% | 54.77% |
| 2021 | 48.20% | 51.80% |
Underwriting consultant related jobs gender ratio
We compared underwriting consultants 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% |
| Underwriting Consultant | 48% | 52% |
| 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%
Underwriting consultant demographics by race
The most common ethnicity among underwriting consultants is White, which makes up 72.8% of all underwriting consultants. Comparatively, 9.7% of underwriting consultants are Hispanic or Latino and 9.1% of underwriting consultants are Black or African American.
- White, 72.8%
- Hispanic or Latino, 9.7%
- Black or African American, 9.1%
- Asian, 5.7%
- Unknown, 2.5%
- American Indian and Alaska Native, 0.2%
Underwriting consultant race
| Underwriting consultant race | Percentages |
|---|---|
| White | 72.8% |
| Hispanic or Latino | 9.7% |
| Black or African American | 9.1% |
| Asian | 5.7% |
| Unknown | 2.5% |
| American Indian and Alaska Native | 0.2% |
Underwriting consultant race and ethnicity over time
See how underwriting consultant racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Underwriting consultant race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.56% | 9.63% | 5.47% | 8.51% |
| 2011 | 74.12% | 10.81% | 4.57% | 8.69% |
| 2012 | 72.44% | 10.56% | 6.01% | 9.74% |
| 2013 | 73.90% | 10.30% | 6.04% | 7.69% |
| 2014 | 73.33% | 11.29% | 4.57% | 9.07% |
| 2015 | 71.85% | 11.15% | 5.39% | 9.70% |
| 2016 | 70.76% | 11.79% | 4.98% | 10.33% |
| 2017 | 71.62% | 8.78% | 7.69% | 10.01% |
| 2018 | 72.23% | 8.86% | 7.11% | 9.82% |
| 2019 | 71.40% | 10.15% | 6.45% | 9.74% |
| 2020 | 69.90% | 10.22% | 5.23% | 11.04% |
| 2021 | 72.77% | 9.06% | 5.65% | 9.67% |
Underwriting consultant wage gap by race
According to our data, unknown underwriting consultants have the highest average salary compared to other ethnicities. Black or african american underwriting consultants have the lowest average salary at $68,367.
| Ethnicity | Salary |
|---|---|
| Unknown | $76,638 |
| White | $74,837 |
| Black or African American | $68,367 |
| Asian | $74,591 |
| Hispanic or Latino | $72,746 |
Average underwriting consultant age
See how the average age of underwriting consultants varies based on ethnicity and gender.
Male
Female
Underwriting consultant 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 |
Underwriting consultant age breakdown
The average age of underwriting consultants is 40+ years years old, representing 61% of the underwriting consultant population.
Underwriting consultant age breakdown
| Underwriting Consultant Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 27% |
| 20-30 years | 11% |
Underwriting consultant educational attainment
The most common degree for underwriting consultants is bachelor's degree, with 77% of underwriting consultants earning that degree. The second and third most common degree levels are master's degree degree at 9% and master's degree degree at 8%.
- Bachelor's, 77%
- Master's, 9%
- Associate, 8%
- High School Diploma, 3%
- Other Degrees, 3%
Underwriting consultants by degree level
| Underwriting consultant degree | Percentages |
|---|---|
| Bachelor's | 77% |
| Master's | 9% |
| Associate | 8% |
| High School Diploma | 3% |
| Other Degrees | 3% |
Underwriting consultant jobs you might like
Underwriting consultant wage gap by degree level
According to the data, underwriting consultants with a Master's degree earn more than those without, at $91,183 annually. With a Bachelor's degree, underwriting consultants earn a median annual income of $78,841 compared to $62,354 for underwriting consultants with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $91,183 |
| High School Diploma or Less | $60,806 |
| Bachelor's Degree | $78,841 |
| Some College/ Associate Degree | $62,354 |
Underwriting consultant employment statistics
Most underwriting consultants work for a private in the insurance industry.
Company size where underwriting consultants work
Below, you can see the size of companies where underwriting consultants work.
Underwriting consultant jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 12% |
| 100 - 500 employees | 17% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 33% |
| > 10,000 employees | 25% |
Underwriting consultant jobs by company type
Employees with the underwriting consultant job title have their preferences when it comes to working for a company. For instance, most underwriting consultants prefer to work at private companies over public companies.
Underwriting consultant jobs by sector
| Company type | Percentages |
|---|---|
| Education | 3% |
| Public | 31% |
| Private | 65% |
| Government | 2% |
Underwriting consultant jobs by industry
The most common industries for underwriting consultants are insurance, finance and professional.
Underwriting consultant industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 30% |
| Finance | 18% |
| Fortune 500 | 18% |
| Professional | 6% |
| Health Care | 5% |
| Manufacturing | 4% |
| Technology | 4% |
| Start-up | 2% |
| Hospitality | 2% |
| Real Estate | 2% |
| Retail | 2% |
| Education | 2% |
| Transportation | 1% |
| Government | 1% |
| Media | 1% |
| Energy | 1% |
| Internet | 1% |
| Utilities | 1% |
| Telecommunication | 1% |
Underwriting consultant turnover and employment statistics
Underwriting consultant unemployment rate over time
The unemployment rate for underwriting consultants between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Underwriting consultant unemployment rate by year
| Year | Underwriting consultant 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 underwriting consultant tenure
The average underwriting consultant stays at their job for 1-2 years, based on the 655 underwriting consultants resumes in Zippia's database.
Underwriting consultant tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 11% |
| 1-2 years | 30% |
| 3-4 years | 17% |
| 5-7 years | 16% |
| 8-10 years | 9% |
| 11+ years | 16% |
Underwriting consultant LGBT ratio compared to similar jobs
Review the percent of underwriting consultants 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 |
|---|---|---|
| Acquisition Analyst | 7.33% | 64,684 |
| Procurement Accountant | 7.40% | 36,267 |
| Tax Agent | 7.56% | 52,089 |
| Income Tax Adjuster | 7.65% | 32,429 |
| Underwriting Consultant | 8.77% | - |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Check Examiner | 19.38% | 2,208 |
Similar underwriting consultant jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Acquisition Analyst | 7.33% | 64,684 |
| Procurement Accountant | 7.40% | 36,267 |
| Tax Agent | 7.56% | 52,089 |
| Income Tax Adjuster | 7.65% | 32,429 |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Check Examiner | 19.38% | 2,208 |
Foreign languages spoken by underwriting consultants
The most common foreign language among underwriting consultants is Spanish at 30.8%. The second-most popular foreign language spoken is Portuguese at 7.7% and Bulgarian is the third-most popular at 7.7%.
- Spanish, 30.8%
- Portuguese, 7.7%
- Bulgarian, 7.7%
- Chinese, 7.7%
- Greek, 7.7%
- Other, 38.4%
Underwriting consultant languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 30.8% |
| Portuguese | 7.7% |
| Bulgarian | 7.7% |
| Chinese | 7.7% |
| Greek | 7.7% |
| Other | 38.4% |
