Underwriting director vs branch manager

The differences between underwriting directors and branch 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 a branch manager. Additionally, an underwriting director has an average salary of $109,027, which is higher than the $56,291 average annual salary of a branch manager.

The top three skills for an underwriting director include portfolio, underwriting policy and product development. The most important skills for a branch manager are customer satisfaction, business development, and branch management.

Underwriting director vs branch manager overview

	Underwriting Director	Branch Manager
Yearly salary	$109,027	$56,291
Hourly rate	$52.42	$27.06
Growth rate	17%	17%
Number of jobs	7,091	333,883
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 65%
Average age	46	46
Years of experience	8	8

Underwriting director vs branch manager salary

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

	Underwriting Director	Branch Manager
Average salary	$109,027	$56,291
Salary range	Between $77,000 And $152,000	Between $39,000 And $80,000
Highest paying City	-	Oakland, CA
Highest paying state	-	Alaska
Best paying company	-	FNB
Best paying industry	-	Professional

Differences between underwriting director and branch manager education

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

	Underwriting Director	Branch Manager
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Underwriting director vs branch manager demographics

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

	Underwriting Director	Branch Manager
Average age	46	46
Gender ratio	Male, 60.3% Female, 39.7%	Male, 59.8% Female, 40.2%
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, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between underwriting director and branch 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.

Branch manager example responsibilities.

Manage and coordinate a high volume sales pipeline from beginning to closing while ensuring all RESPA regulations are met.
Warehouse operations plus office duties, A/P, A/R.
Support A/R, A/P, and provide data analyzation from 12 branches to assist with annual budgeting projections/forecasting.
Provide leadership for sales, customer service, operations, compliance, and ethics as branch manager of an in-store branch.
Educate staff in areas of bank secrecy, bank regulations, and internal audit policy.
Train agents and managers using office generate PowerPoint presentations, company flip charts and training videos.

Underwriting director vs branch manager skills

Common underwriting director skills

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

Common branch manager skills

Customer Satisfaction, 8%
Business Development, 7%
Branch Management, 5%
Human Resources, 5%
Financial Statements, 5%
Performance Management, 4%