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Underwriting director vs finance manager

The differences between underwriting directors and finance 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 finance manager. Additionally, an underwriting director has an average salary of $109,027, which is higher than the $101,374 average annual salary of a finance manager.

The top three skills for an underwriting director include portfolio, underwriting policy and product development. The most important skills for a finance manager are financial analysis, CPA, and customer service.

Underwriting director vs finance manager overview

Underwriting DirectorFinance Manager
Yearly salary$109,027$101,374
Hourly rate$52.42$48.74
Growth rate17%17%
Number of jobs7,091125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Average age4646
Years of experience88

Underwriting director vs finance manager salary

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

Underwriting DirectorFinance Manager
Average salary$109,027$101,374
Salary rangeBetween $77,000 And $152,000Between $71,000 And $144,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Barclays
Best paying industry-Finance

Differences between underwriting director and finance manager education

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

Underwriting DirectorFinance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting director vs finance manager demographics

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

Underwriting DirectorFinance Manager
Average age4646
Gender ratioMale, 60.3% Female, 39.7%Male, 60.0% Female, 40.0%
Race ratioBlack 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, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between underwriting director and finance 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.

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Underwriting director vs finance manager skills

Common underwriting director skills
  • Portfolio, 11%
  • Underwriting Policy, 11%
  • Product Development, 10%
  • Life Insurance, 8%
  • Underwriting Guidelines, 7%
  • Insurance Products, 5%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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