Underwriting technician vs account underwriter

The differences between underwriting technicians and account underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account underwriter has an average salary of $74,374, which is higher than the $44,704 average annual salary of an underwriting technician.

The top three skills for an underwriting technician include cancellations, insurance policies and data entry. The most important skills for an account underwriter are risk management, underwriting process, and underwriting guidelines.

Underwriting technician vs account underwriter overview

	Underwriting Technician	Account Underwriter
Yearly salary	$44,704	$74,374
Hourly rate	$21.49	$35.76
Growth rate	-4%	-4%
Number of jobs	8,615	56,487
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 79%
Average age	44	44
Years of experience	-	-

Underwriting technician vs account underwriter salary

Underwriting technicians and account underwriters have different pay scales, as shown below.

	Underwriting Technician	Account Underwriter
Average salary	$44,704	$74,374
Salary range	Between $28,000 And $69,000	Between $49,000 And $111,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between underwriting technician and account underwriter education

There are a few differences between an underwriting technician and an account underwriter in terms of educational background:

	Underwriting Technician	Account Underwriter
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 79%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Underwriting technician vs account underwriter demographics

Here are the differences between underwriting technicians' and account underwriters' demographics:

	Underwriting Technician	Account Underwriter
Average age	44	44
Gender ratio	Male, 25.2% Female, 74.8%	Male, 43.4% Female, 56.6%
Race ratio	Black or African American, 8.9% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 73.1% American Indian and Alaska Native, 0.4%	Black or African American, 9.8% Unknown, 2.5% Hispanic or Latino, 9.6% Asian, 5.6% White, 72.1% American Indian and Alaska Native, 0.4%
LGBT Percentage	9%	9%

Differences between underwriting technician and account underwriter duties and responsibilities

Underwriting technician example responsibilities.

Generate business leads by promoting AIG's products and servicing.
Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
Work directly with independent agents and BCBS marketing department to analyze information and make eligibility decisions with strict timelines.
Order and code clues and MVRs for renewing umbrella policies.
Train staff members on the MMS system.
Evaluate new and renewal submissions as delegated by underwriters for prescribe criteria and clearance into AS400 invoicing system.

Account underwriter example responsibilities.

Review individual mortgage origination/post origination documentation and perform database research.
Review individual mortgage origination/post origination documentation and perform database research.

Underwriting technician vs account underwriter skills

Common underwriting technician skills

Cancellations, 17%
Insurance Policies, 10%
Data Entry, 9%
Underwriting Guidelines, 7%
Underwriting Analysis, 6%
Worksheets, 4%

Common account underwriter skills

Risk Management, 24%
Underwriting Process, 17%
Underwriting Guidelines, 13%
Underwriting Authority, 10%
Financial Analysis, 9%
National Accounts, 6%

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Underwriting Technician
Underwriting Technician vs Account Underwriter

Updated January 8, 2025

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