Underwriting director vs audit manager

The differences between underwriting directors and audit 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 audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $109,027 average annual salary of an underwriting director.

The top three skills for an underwriting director include portfolio, underwriting policy and product development. The most important skills for an audit manager are CPA, internal audit, and audit reports.

Underwriting director vs audit manager overview

	Underwriting Director	Audit Manager
Yearly salary	$109,027	$121,419
Hourly rate	$52.42	$58.37
Growth rate	17%	17%
Number of jobs	7,091	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

Underwriting director vs audit manager salary

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

	Underwriting Director	Audit Manager
Average salary	$109,027	$121,419
Salary range	Between $77,000 And $152,000	Between $82,000 And $178,000
Highest paying City	-	Portland, ME
Highest paying state	-	Maine
Best paying company	-	Meta
Best paying industry	-	Manufacturing

Differences between underwriting director and audit manager education

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

	Underwriting Director	Audit Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Underwriting director vs audit manager demographics

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

	Underwriting Director	Audit Manager
Average age	46	46
Gender ratio	Male, 60.3% Female, 39.7%	Male, 66.0% Female, 34.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between underwriting director and audit 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.

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Underwriting director vs audit manager skills

Common underwriting director skills

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

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%