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Underwriting technician vs administrative underwriter

The differences between underwriting technicians and administrative underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an administrative underwriter has an average salary of $76,551, 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 administrative underwriter are loan applications, financial statements, and underwriting process.

Underwriting technician vs administrative underwriter overview

Underwriting TechnicianAdministrative Underwriter
Yearly salary$44,704$76,551
Hourly rate$21.49$36.80
Growth rate-4%-4%
Number of jobs8,61539,572
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 67%
Average age4444
Years of experience--

Underwriting technician vs administrative underwriter salary

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

Underwriting TechnicianAdministrative Underwriter
Average salary$44,704$76,551
Salary rangeBetween $28,000 And $69,000Between $51,000 And $113,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between underwriting technician and administrative underwriter education

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

Underwriting TechnicianAdministrative Underwriter
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting technician vs administrative underwriter demographics

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

Underwriting TechnicianAdministrative Underwriter
Average age4444
Gender ratioMale, 25.2% Female, 74.8%Male, 23.7% Female, 76.3%
Race ratioBlack 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, 10.8% Unknown, 2.4% Hispanic or Latino, 8.8% Asian, 5.4% White, 72.2% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between underwriting technician and administrative 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.

Administrative 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 administrative underwriter skills

Common underwriting technician skills
  • Cancellations, 17%
  • Insurance Policies, 10%
  • Data Entry, 9%
  • Underwriting Guidelines, 7%
  • Underwriting Analysis, 6%
  • Worksheets, 4%
Common administrative underwriter skills
  • Loan Applications, 38%
  • Financial Statements, 25%
  • Underwriting Process, 13%
  • Insurance Policies, 12%
  • Risk Assessments, 6%
  • Life Insurance Applications, 5%

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