Post job

Underwriting technician vs underwriting account representative

The differences between underwriting technicians and underwriting account representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an underwriting account representative has an average salary of $47,475, 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 underwriting account representative are customer service, insurance coverage, and market trends.

Underwriting technician vs underwriting account representative overview

Underwriting TechnicianUnderwriting Account Representative
Yearly salary$44,704$47,475
Hourly rate$21.49$22.82
Growth rate-4%-4%
Number of jobs8,61559,819
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 66%
Average age4444
Years of experience--

Underwriting technician vs underwriting account representative salary

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

Underwriting TechnicianUnderwriting Account Representative
Average salary$44,704$47,475
Salary rangeBetween $28,000 And $69,000Between $34,000 And $65,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between underwriting technician and underwriting account representative education

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

Underwriting TechnicianUnderwriting Account Representative
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Underwriting technician vs underwriting account representative demographics

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

Underwriting TechnicianUnderwriting Account Representative
Average age4444
Gender ratioMale, 25.2% Female, 74.8%Male, 37.7% Female, 62.3%
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, 7.8% Unknown, 2.5% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between underwriting technician and underwriting account representative 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.

Underwriting account representative example responsibilities.

  • Assist underwriters in expediting new business, processing endorsements and/or modifying existing policies while achieving broker relationships.
  • Verify medicaid waive eligibility for non-emergency transportation.
  • Train hundreds of union members throughout Louisiana using PowerPoint presentations on how to become politically involve and mobilize.

Underwriting technician vs underwriting account representative skills

Common underwriting technician skills
  • Cancellations, 17%
  • Insurance Policies, 10%
  • Data Entry, 9%
  • Underwriting Guidelines, 7%
  • Underwriting Analysis, 6%
  • Worksheets, 4%
Common underwriting account representative skills
  • Customer Service, 27%
  • Insurance Coverage, 26%
  • Market Trends, 11%
  • Underwriting Guidelines, 9%
  • Credit Card Payments, 7%
  • Insurance Products, 7%

Browse business and financial jobs