Misc.Jul 19, 2022
AGCSnWJO60

Commercial Insurance Underwriter Pay

Does anyone know what current pay looks like for a commercial underwriter with 2-3 YOE is? I'm talking about at big insurers like Allianz, Chubb, Zurich, etc. I know first year trainees straight out of college at Allianz are being offered 75k + 10k bonus right now.

Citadel solz7 Jul 19, 2022

Are you an actuary?

AGCS nWJO60 OP Jul 19, 2022

No, an underwriter. It's quite a bit different than what actuaries do.

Citadel solz7 Jul 19, 2022

Then no good pay.

AGCS uGSy51 Aug 20, 2022

Depends on what levels of UW. Senior uw should make 120k+. So id say with 2-3 yoe you should be close to being a Senior UW. With that experience Iโ€™d say 90-100k.

Intact Insurance PqVs78 Oct 30, 2022

In specialty lines, you should be at $115k+ if switching companies with 2 YOE