Underwriting technician demographics and statistics in the US
Underwriting technician demographics research summary. Zippia estimates underwriting technician demographics and statistics in the United States by using a database of 30 million profiles. Our underwriting technician estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about underwriting technicians after extensive research and analysis:
- There are over 30,300 underwriting technicians currently employed in the United States.
- 74.8% of all underwriting technicians are women, while 25.2% are men.
- The average underwriting technician age is 44 years old.
- The most common ethnicity of underwriting technicians is White (73.1%), followed by Hispanic or Latino (9.6%), Black or African American (8.9%) and Asian (5.6%).
- In 2022, women earned 96% of what men earned.
- 9% of all underwriting technicians are LGBT.
- Underwriting technicians are 75% more likely to work at private companies in comparison to public companies.
On this page
Underwriting technician demographics by:
Underwriting technician gender statistics
74.8% of underwriting technicians are women and 25.2% of underwriting technicians are men.
- Female, 74.8%
- Male, 25.2%
Underwriting technician gender ratio
| Gender | Percentages |
|---|---|
| Female | 74.8% |
| Male | 25.2% |
Underwriting technician gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$45,969
Female income
$44,298
Underwriting technician gender ratio over time
This data breaks down the percentage of men and women in underwriting technician positions over time. Currently, 74.8% of underwriting technicians are female.
Underwriting technician gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 18.64% | 81.36% |
| 2011 | 21.10% | 78.90% |
| 2012 | 20.09% | 79.91% |
| 2013 | 22.26% | 77.74% |
| 2014 | 21.59% | 78.41% |
| 2015 | 23.69% | 76.31% |
| 2016 | 24.59% | 75.41% |
| 2017 | 22.99% | 77.01% |
| 2018 | 24.54% | 75.46% |
| 2019 | 27.98% | 72.02% |
| 2020 | 22.97% | 77.03% |
| 2021 | 25.15% | 74.85% |
Underwriting technician related jobs gender ratio
We compared underwriting technicians with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Underwriting Technician | 25% | 75% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Underwriting technician demographics by race
The most common ethnicity among underwriting technicians is White, which makes up 73.1% of all underwriting technicians. Comparatively, 9.6% of underwriting technicians are Hispanic or Latino and 8.9% of underwriting technicians are Black or African American.
- White, 73.1%
- Hispanic or Latino, 9.6%
- Black or African American, 8.9%
- Asian, 5.6%
- Unknown, 2.5%
- American Indian and Alaska Native, 0.3%
Underwriting technician race
| Underwriting technician race | Percentages |
|---|---|
| White | 73.1% |
| Hispanic or Latino | 9.6% |
| Black or African American | 8.9% |
| Asian | 5.6% |
| Unknown | 2.5% |
| American Indian and Alaska Native | 0.3% |
Underwriting technician race and ethnicity over time
See how underwriting technician racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Underwriting technician race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.90% | 9.45% | 5.43% | 8.40% |
| 2011 | 74.46% | 10.63% | 4.54% | 8.58% |
| 2012 | 72.78% | 10.38% | 5.97% | 9.63% |
| 2013 | 74.24% | 10.11% | 6.00% | 7.57% |
| 2014 | 73.68% | 11.10% | 4.54% | 8.96% |
| 2015 | 72.19% | 10.97% | 5.35% | 9.59% |
| 2016 | 71.10% | 11.60% | 4.94% | 10.21% |
| 2017 | 71.96% | 8.60% | 7.65% | 9.89% |
| 2018 | 72.58% | 8.68% | 7.07% | 9.71% |
| 2019 | 71.74% | 9.97% | 6.41% | 9.62% |
| 2020 | 70.24% | 10.04% | 5.19% | 10.92% |
| 2021 | 73.11% | 8.87% | 5.61% | 9.56% |
Underwriting technician wage gap by race
According to our data, unknown underwriting technicians have the highest average salary compared to other ethnicities. Black or african american underwriting technicians have the lowest average salary at $42,227.
| Ethnicity | Salary |
|---|---|
| Unknown | $48,428 |
| White | $47,066 |
| Black or African American | $42,227 |
| Asian | $46,881 |
| Hispanic or Latino | $45,493 |
Average underwriting technician age
See how the average age of underwriting technicians varies based on ethnicity and gender.
Male
Female
Underwriting technician age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 45 | |
| White | 38 | 47.5 |
| Black or African American | 45.5 | 50.5 |
| Asian | 38 | 41 |
| Hispanic or Latino | 40.5 | 47.5 |
Underwriting technician age breakdown
The average age of underwriting technicians is 40+ years years old, representing 61% of the underwriting technician population.
Underwriting technician age breakdown
| Underwriting Technician Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 27% |
| 20-30 years | 11% |
Underwriting technician educational attainment
The most common degree for underwriting technicians is bachelor's degree, with 54% of underwriting technicians earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 13%.
- Bachelor's, 54%
- Associate, 20%
- High School Diploma, 13%
- Master's, 5%
- Other Degrees, 8%
Underwriting technicians by degree level
| Underwriting technician degree | Percentages |
|---|---|
| Bachelor's | 54% |
| Associate | 20% |
| High School Diploma | 13% |
| Master's | 5% |
| Other Degrees | 8% |
Underwriting technician jobs you might like
Underwriting technician wage gap by degree level
According to the data, underwriting technicians with a Master's degree earn more than those without, at $59,656 annually. With a Bachelor's degree, underwriting technicians earn a median annual income of $50,104 compared to $37,811 for underwriting technicians with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $59,656 |
| High School Diploma or Less | $36,688 |
| Bachelor's Degree | $50,104 |
| Some College/ Associate Degree | $37,811 |
Underwriting technician employment statistics
Most underwriting technicians work for a private in the insurance industry.
Company size where underwriting technicians work
Below, you can see the size of companies where underwriting technicians work.
Underwriting technician jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 19% |
| 100 - 500 employees | 24% |
| 500 - 1,000 employees | 13% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 17% |
Underwriting technician jobs by company type
Employees with the underwriting technician job title have their preferences when it comes to working for a company. For instance, most underwriting technicians prefer to work at private companies over public companies.
Underwriting technician jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 24% |
| Private | 75% |
| Government | 0% |
Underwriting technician jobs by industry
The most common industries for underwriting technicians are insurance, finance and professional.
Underwriting technician industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 54% |
| Finance | 11% |
| Fortune 500 | 11% |
| Health Care | 4% |
| Professional | 4% |
| Hospitality | 2% |
| Retail | 2% |
| Manufacturing | 2% |
| Technology | 2% |
| Media | 1% |
| Education | 1% |
| Automotive | 1% |
| Start-up | 1% |
| Real Estate | 1% |
| Utilities | 1% |
| Telecommunication | 1% |
Underwriting technician turnover and employment statistics
Underwriting technician unemployment rate over time
The unemployment rate for underwriting technicians between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Underwriting technician unemployment rate by year
| Year | Underwriting technician unemployment rate |
|---|---|
| 2010 | 3.82% |
| 2011 | 3.75% |
| 2012 | 3.22% |
| 2013 | 3.64% |
| 2014 | 2.32% |
| 2015 | 1.60% |
| 2016 | 1.56% |
| 2017 | 2.16% |
| 2018 | 1.88% |
| 2019 | 1.22% |
| 2020 | 1.67% |
| 2021 | 2.13% |
Average underwriting technician tenure
The average underwriting technician stays at their job for 1-2 years, based on the 1,157 underwriting technicians resumes in Zippia's database.
Underwriting technician tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 13% |
| 1-2 years | 33% |
| 3-4 years | 17% |
| 5-7 years | 17% |
| 8-10 years | 6% |
| 11+ years | 14% |
Underwriting technician LGBT ratio compared to similar jobs
Review the percent of underwriting technicians that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Senior Finance Specialist | 7.33% | 71,214 |
| International Account Representative | 7.40% | 75,706 |
| Licensed Tax Consultant | 7.56% | 41,830 |
| Internal Revenue Agent | 7.65% | 35,750 |
| Underwriting Technician | 8.77% | - |
| Senior Cost Analyst | 12.94% | 53,872 |
| Principal Examiner | 19.38% | 41,375 |
Similar underwriting technician jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Finance Specialist | 7.33% | 71,214 |
| International Account Representative | 7.40% | 75,706 |
| Licensed Tax Consultant | 7.56% | 41,830 |
| Internal Revenue Agent | 7.65% | 35,750 |
| Senior Cost Analyst | 12.94% | 53,872 |
| Principal Examiner | 19.38% | 41,375 |
Foreign languages spoken by underwriting technicians
The most common foreign language among underwriting technicians is Spanish at 65.2%. The second-most popular foreign language spoken is French at 13.0% and Carrier is the third-most popular at 8.7%.
- Spanish, 65.2%
- French, 13.0%
- Carrier, 8.7%
- Chinese, 4.3%
- Hindi, 4.3%
- Other, 4.5%
Underwriting technician languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 65.2% |
| French | 13.0% |
| Carrier | 8.7% |
| Chinese | 4.3% |
| Hindi | 4.3% |
| Other | 4.5% |
