Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Underwriting consultant education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become an underwriting consultant. Underwriting consultants usually study business, finance, or economics. 77% of underwriting consultants hold a bachelor's degree, and 9% hold an master's degree. We analyzed 655 real underwriting consultant resumes to see exactly what underwriting consultant education sections show.
The most common colleges for underwriting consultants are the University of Wisconsin Colleges and the University of Wisconsin Colleges.
There are also many online underwriting consultant courses to help get the education required to be an underwriting consultant.
There are certain underwriting consultant certifications that you should consider. These underwriting consultant certifications include Associate in General Insurance (AINS) and Chartered Property Casualty Underwriter (CPCU).
What education do you need to become an underwriting consultant?
What degree do you need to be an underwriting consultant?
- Bachelor's, 77%
- Master's, 9%
- Associate, 8%
- High School Diploma, 3%
- Other Degrees, 3%
What should I major in to become an underwriting consultant?
- Business, 38%
- Finance, 12%
- Economics, 6%
- Accounting, 6%
- Other Majors, 38%
Most common colleges for underwriting consultants
| Underwriting consultant common college | Percentages |
|---|---|
| University of Wisconsin Colleges | 9.64% |
| Central Connecticut State University | 8.43% |
| Pennsylvania State University | 8.43% |
| University of Phoenix | 7.23% |
| University of Massachusetts Boston | 7.23% |
Best majors for underwriting consultants
| Rank | Major | Percentages |
|---|---|---|
| 1 | Business | 37.6% |
| 2 | Finance | 12.0% |
| 3 | Economics | 6.0% |
| 4 | Accounting | 5.7% |
| 5 | Insurance | 5.2% |
Best colleges for underwriting consultants
The best colleges for underwriting consultants are University of Pennsylvania, Northwestern University, and Boston University.
An underwriting consultant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for underwriting consultants. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become underwriting consultants.
1. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
2. Boston University
Boston, MA • Private
In-state tuition
$53,948
Enrollment
17,238
3. University of Minnesota - Twin Cities
Minneapolis, MN • Private
In-state tuition
$14,760
Enrollment
31,451
4. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
5. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
6. SUNY at Binghamton
Vestal, NY • Private
In-state tuition
$9,808
Enrollment
13,990
7. Ball State University
Muncie, IN • Private
In-state tuition
$9,896
Enrollment
15,529
8. Florida State University
Tallahassee, FL • Private
In-state tuition
$5,656
Enrollment
32,072
9. Butler University
Indianapolis, IN • Private
In-state tuition
$41,120
Enrollment
4,553
10. University of Wisconsin - Madison
Madison, WI • Private
In-state tuition
$10,555
Enrollment
30,360
20 best online courses for underwriting consultants
Advertising disclosure
1. Financial Analysis for Management Consultants & Analysts
A practical guide with case studies and examples of financial analyses done during consulting projects...
2. Management Consulting Skills Mastery
Problem solving, communication, corporate strategy, financial analysis, operations analysis. Everything is included!...
3. Multifamily Real Estate Underwriting Masterclass
Learn how you can start underwriting deals today!...
4. Operational Risks Management ORM
Operational Risks Management ORM Case Studies for Risk Management, Compliance, Audit, IS Security, Banking Professionals...
5. Financial Statement Analysis
Learn how to make understanding financial statements your superpower!...
6. Finance & Accounting for Management Consultants and Analysts
A practical guide that will help you understand financial statements & do financial analyses during consulting projects...
7. Introduction to Compliance Risk Management CRM
Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals...
8. Practical Project Management for Management Consultants
How to manage successfully a consulting project - a practical guide for Project Managers...
9. Financial Modeling for Business Analysts and Consultants
Learn Financial Modeling in Excel that will allow you to participate in due diligence, strategy or turn around projects...
10. Management Consulting Essential Training
Everything you need to know about the techniques of world's top management consulting firms to land 6-figure job offer...
11. Performance Improvement Projects for Management Consultants
A practical guide on how to conduct consulting projects on the level of Mc Kinsey, Bain, BCG, Pw C...
12. Consulting Business: How to Start a Consulting Business
Consulting Business 90-Step Startup + 5-Phase Consulting Business Proposal Plan to Start Consulting Business Fast...
13. Consulting Business Masterclass: Start A Consulting Business
The Complete A-Z Consulting Course for Everyone Who Wants to Become Location-Independent...
14. Management Consulting Techniques, Tools and Frameworks
Most useful consulting skills, techniques from top consulting firms like Mc Kinsey, BCG, Bain...
15. Sales Analysis for Management Consultants
A practical guide on how to improve sales and marketing of your customers during consulting projects like Mc Kinsey, BCG,...
16. FMCG for Management Consultants and Business Analysts
A practical guide on how to analyze in Excel and improve consumer goods business during consulting projects...
17. U.S. Residential Real Estate, Property & Mortgage Business
Property & Mortgage Underwriting Loan Processing Financial Analysis Mortgage Operations Origination...
18. Business Analysis Fundamentals for Management Consultants
A practical guide for Business Analysts and Management Consultants with exercises in Excel...
19. Intro to Commercial Credit Analysis, Credit Risk and Lending
Commercial Credit Underwriting Lending & Commercial Credit Financial Analysis Credit Risk Foundations...
20. Applied ISO14971 Medical Device Risk Management
A concise guide to executing ISO 14971 requirements...
Top 10 most affordable universities for underwriting consultants
The most affordable schools for underwriting consultants are Baruch College of the City University of New York, university of florida, and florida state university.
If the best universities for underwriting consultants are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for underwriting consultants.
1. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
2. University of Florida
Gainesville, FL • Private
In-state tuition
$6,381
Cost of attendance
21,034
3. Florida State University
Tallahassee, FL • Private
In-state tuition
$5,656
Cost of attendance
21,623
4. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
5. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
6. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
7. California State University - Fullerton
Fullerton, CA • Private
In-state tuition
$6,886
Cost of attendance
17,645
8. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-state tuition
$7,240
Cost of attendance
13,991
9. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
10. Florida Atlantic University
Boca Raton, FL • Private
In-state tuition
$4,831
Cost of attendance
19,559
Top 10 hardest universities to get into for underwriting consultants
The hardest universities for underwriting consultants to get into are University of Pennsylvania, Northwestern University, and Boston University.
Some great schools for underwriting consultants are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for underwriting consultants based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
2. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
3. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
4. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
5. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
6. Carnegie Mellon University
Pittsburgh, PA • Private
Admissions rate
17%
SAT average
1,507
7. Washington University in St Louis
Saint Louis, MO • Private
Admissions rate
15%
SAT average
1,506
8. Boston College
Chestnut Hill, MA • Private
Admissions rate
28%
SAT average
1,429
9. Northeastern University
Boston, MA • Private
Admissions rate
19%
SAT average
1,466
10. University of Rochester
Rochester, NY • Private
Admissions rate
29%
SAT average
1,422
Top 10 easy-to-apply-to universities for underwriting consultants
The easiest schools for underwriting consultants to get into are Notre Dame de Namur University, oklahoma wesleyan university, and la roche college.
Some schools are much easier to get into. If you want to start your career as an underwriting consultant without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for underwriting consultants.
1. Notre Dame de Namur University
Belmont, CA • Private
Admissions rate
82%
SAT average
983
2. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
3. La Roche College
Pittsburgh, PA • Private
Admissions rate
99%
SAT average
1,008
4. Holy Names University
Oakland, CA • Private
Admissions rate
70%
SAT average
849
5. University of Houston - Downtown
Houston, TX • Private
Admissions rate
83%
SAT average
1,012
6. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
7. Barry University
Miami, FL • Private
Admissions rate
91%
SAT average
1,006
8. Felician University
Lodi, NJ • Private
Admissions rate
81%
SAT average
999
9. William Paterson University of New Jersey
Wayne, NJ • Private
Admissions rate
93%
SAT average
994
10. University of North Texas at Dallas
Dallas, TX • Private
Admissions rate
83%
SAT average
992
Average underwriting consultant salary by education level
| Underwriting consultant education level | Underwriting consultant 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 education FAQs
Have more questions? See all answers to common business and financial questions.
Search for underwriting consultant jobs
Updated January 8, 2025
Updated January 8, 2025