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Underwriting sales representative vs insurance underwriter

The differences between underwriting sales representatives and insurance underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance underwriter has an average salary of $64,163, which is higher than the $25,493 average annual salary of an underwriting sales representative.

The top three skills for an underwriting sales representative include customer service, credit decisions and life insurance. The most important skills for an insurance underwriter are health insurance, insurance underwriting, and insurance coverage.

Underwriting sales representative vs insurance underwriter overview

Underwriting Sales RepresentativeInsurance Underwriter
Yearly salary$25,493$64,163
Hourly rate$12.26$30.85
Growth rate6%-4%
Number of jobs102,96439,026
Job satisfaction-3
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 67%
Average age4644
Years of experience--

Underwriting sales representative vs insurance underwriter salary

Underwriting sales representatives and insurance underwriters have different pay scales, as shown below.

Underwriting Sales RepresentativeInsurance Underwriter
Average salary$25,493$64,163
Salary rangeBetween $15,000 And $42,000Between $35,000 And $116,000
Highest paying City-Hartford, CT
Highest paying state-Connecticut
Best paying company-Citi
Best paying industry--

Differences between underwriting sales representative and insurance underwriter education

There are a few differences between an underwriting sales representative and an insurance underwriter in terms of educational background:

Underwriting Sales RepresentativeInsurance Underwriter
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting sales representative vs insurance underwriter demographics

Here are the differences between underwriting sales representatives' and insurance underwriters' demographics:

Underwriting Sales RepresentativeInsurance Underwriter
Average age4644
Gender ratioMale, 48.2% Female, 51.8%Male, 33.4% Female, 66.6%
Race ratioBlack or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%Black or African American, 9.2% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 72.3% American Indian and Alaska Native, 0.4%
LGBT Percentage7%9%

Differences between underwriting sales representative and insurance underwriter duties and responsibilities

Underwriting sales representative example responsibilities.

  • Manage Facebook and patient communication programs.
  • Perform duties relating to the origination of residential first, second and equity credit lines on mortgage loans.
  • Provide merchandising assistance to customers by building displays, negotiating placement, replenishing permanent secondary displays and using POS materials effectively.
  • Work as an integral part of a national sales team that specializes in focusing on new business for Amica.
  • Used consultative upselling techniques to provide leads

Insurance underwriter example responsibilities.

  • Manage patient's records, appointments, and account balances while adhering to HIPPA standards.
  • Manage A/R, A/P, credentialing, surgery scheduling, and coordinate patient referrals to other physicians.
  • Manage operating procedure and accounting systems for payroll, operating expenses, supplies and inventory management and commercial accounts.
  • Prepare all HCFA billing with proper ICD-9 codes and CPT codes for accurate turn around time on payments.
  • Follow up with insurance carriers and patients to expedite the recovery of payment obligations
  • File insurance and process billing and payments, coordinate patients financial arrangements, present treatment plans, verify insurance coverage.
  • Show more

Underwriting sales representative vs insurance underwriter skills

Common underwriting sales representative skills
  • Customer Service, 36%
  • Credit Decisions, 23%
  • Life Insurance, 21%
  • Origination, 20%
Common insurance underwriter skills
  • Health Insurance, 11%
  • Insurance Underwriting, 8%
  • Insurance Coverage, 8%
  • Customer Service, 8%
  • Underwriting Guidelines, 7%
  • Insurance Products, 6%