Underwriting director vs asset manager

The differences between underwriting directors and asset managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an underwriting director and an asset manager. Additionally, an underwriting director has an average salary of $109,027, which is higher than the $85,814 average annual salary of an asset manager.

The top three skills for an underwriting director include portfolio, underwriting policy and product development. The most important skills for an asset manager are asset management, financial statements, and property management.

Underwriting director vs asset manager overview

	Underwriting Director	Asset Manager
Yearly salary	$109,027	$85,814
Hourly rate	$52.42	$41.26
Growth rate	17%	17%
Number of jobs	7,091	64,732
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Average age	46	46
Years of experience	8	8

Underwriting director vs asset manager salary

Underwriting directors and asset managers have different pay scales, as shown below.

	Underwriting Director	Asset Manager
Average salary	$109,027	$85,814
Salary range	Between $77,000 And $152,000	Between $59,000 And $123,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Deutsche Bank
Best paying industry	-	Finance

Differences between underwriting director and asset manager education

There are a few differences between an underwriting director and an asset manager in terms of educational background:

	Underwriting Director	Asset Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Underwriting director vs asset manager demographics

Here are the differences between underwriting directors' and asset managers' demographics:

	Underwriting Director	Asset Manager
Average age	46	46
Gender ratio	Male, 60.3% Female, 39.7%	Male, 64.3% Female, 35.7%
Race ratio	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 7.3% White, 65.3% American Indian and Alaska Native, 0.3%	Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between underwriting director and asset manager duties and responsibilities

Underwriting director example responsibilities.

Supervise staff of 20-30 credit professionals managing an $80 - $100 million A/R portfolio consistently exceeding aging goals.
Create FHA platform, complete the required test cases to obtain non supervise lending designation.
Review of appeals; concluding and processing the finalization; communicating the adjustments to the original underwriter for educational purposes.
Develop underwriting training on ISO and proprietary forms and guidelines for implementation of company strategy.

Asset manager example responsibilities.

Manage and improve the processes require to support server end of life and normal windows patching processes.
Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.

Underwriting director vs asset manager skills

Common underwriting director skills

Portfolio, 11%
Underwriting Policy, 11%
Product Development, 10%
Life Insurance, 8%
Underwriting Guidelines, 7%
Insurance Products, 5%

Common asset manager skills

Asset Management, 20%
Financial Statements, 7%
Property Management, 7%
Customer Service, 6%
Oversight, 5%
Loan Portfolio, 5%