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The differences between underwriting technicians and technical assistants can be seen in a few details. Each job has different responsibilities and duties. Additionally, an underwriting technician has an average salary of $44,704, which is higher than the $34,159 average annual salary of a technical assistant.
The top three skills for an underwriting technician include cancellations, insurance policies and data entry. The most important skills for a technical assistant are patients, customer service, and patient care.
| Underwriting Technician | Technical Assistant | |
| Yearly salary | $44,704 | $34,159 |
| Hourly rate | $21.49 | $16.42 |
| Growth rate | -4% | 10% |
| Number of jobs | 8,615 | 73,750 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 53% |
| Average age | 44 | 42 |
| Years of experience | - | 2 |
Underwriting technicians may also be known as underwriters or underwriting assistants. They determine which customers qualify for various insurance policies or loans. Their duties include finding information, writing quote letters, checking customer eligibility, and arranging loans. They are expected to carry out background checks and credit history checks for clients seeking insurance. They diligently analyze applications of clients based on certain criteria.
A technical assistant is responsible for supporting business operations by doing administrative and technical tasks under a direct supervisor or tenured staff. Duties of a technical assistant include creating meeting reports, scheduling events, responding to clients' inquiries through email and phone calls, monitoring office inventories, basic troubleshooting on defective equipment, providing recommendations on product development, and analyzing operations processes. Technical assistants require strong time-management and multi-tasking skills to perform tasks in a fast-paced environment and high-level operations.
Underwriting technicians and technical assistants have different pay scales, as shown below.
| Underwriting Technician | Technical Assistant | |
| Average salary | $44,704 | $34,159 |
| Salary range | Between $28,000 And $69,000 | Between $22,000 And $51,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Massachusetts |
| Best paying company | - | The American Musical and Dramatic Academy |
| Best paying industry | - | Insurance |
There are a few differences between an underwriting technician and a technical assistant in terms of educational background:
| Underwriting Technician | Technical Assistant | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between underwriting technicians' and technical assistants' demographics:
| Underwriting Technician | Technical Assistant | |
| Average age | 44 | 42 |
| Gender ratio | Male, 25.2% Female, 74.8% | Male, 54.8% Female, 45.2% |
| 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, 11.1% Unknown, 5.4% Hispanic or Latino, 15.8% Asian, 11.9% White, 55.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 9% | 11% |