Find higher paying jobs for underwriter

How much does a Underwriter make?

Updated 4 Dec 2021
£34,665 /yr
Average Base Pay

758 salaries

£20K

Low

£35K

Average

£61K

High

No additional cash compensation has been reported for this role

The average salary for Underwriter is £34,665 per year in the United Kingdom. The average additional cash compensation for a Underwriter in the United Kingdom is undefined, with a range from undefined - undefined. Salaries estimates are based on 758 salaries submitted anonymously to Glassdoor by Underwriter employees in the United Kingdom.

Seniority Levels

L2
Underwriter£34,665 /yr
L3
Senior Underwriter£56,276 /yr
L4
Underwriter Iv£36,358 /yr
See Full Career Path

Related Job Titles

Insurance Underwriting

£33,408

per year

Mortgage Underwriter

£26,996

per year

Underwriting Assistant

£26,375

per year

Claims

£23,005

per year

Salaries in United Kingdom

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (GBP)

Range

Hiscox
3.9

Hiscox

Underwriter

£40,214

 /yr
Range: £25K - £100K
36 salaries
See 37 salaries from all locations

£25K

£100K

£24,695 - £99,901 Range

Aviva
3.6

Aviva

Underwriter

£34,773

 /yr
Range: £19K - £46K

£19K

£46K

£19,236 - £46,388 Range

Allianz
4

Allianz

Underwriter

£31,083

 /yr
Range: £20K - £51K

£20K

£51K

£19,600 - £51,368 Range

Zurich Insurance
4

Zurich Insurance

Underwriter

£35,541

 /yr
Range: £25K - £79K

£25K

£79K

£25,068 - £79,144 Range

QBE
3.8

QBE

Underwriter

£58,655

 /yr
Range: £41K - £101K

£41K

£101K

£41,434 - £100,536 Range

Chubb
3.5

Chubb

Underwriter

£43,910

 /yr
Range: £27K - £82K

£27K

£82K

£27,222 - £81,539 Range

NFU Mutual
3.7

NFU Mutual

Underwriter

£26,506

 /yr
Range: £19K - £43K

£19K

£43K

£18,511 - £42,953 Range

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AIG
3.6

AIG

Underwriter

£39,933

 /yr
Range: £29K - £71K

£29K

£71K

£29,360 - £70,778 Range

Barclays
4

Barclays

Underwriter

£23,479

 /yr
Range: £20K - £36K

£20K

£36K

£20,303 - £36,056 Range

Direct Line Group
3.7

Direct Line Group

Underwriter

£43,496

 /yr
Range: £28K - £52K

£28K

£52K

£28,075 - £51,793 Range

AXA
3.9

AXA

Underwriter

£28,994

 /yr
Range: £17K - £156K

£17K

£156K

£16,766 - £155,808 Range

MS Amlin
2.5

MS Amlin

Underwriter

£63,750

 /yr
Range: £20K - £129K

£20K

£129K

£19,520 - £129,007 Range

Evolution Money
4.1

Evolution Money

Underwriter

£29,875

 /yr
Range: £21K - £47K

£21K

£47K

£21,066 - £46,613 Range

Amigo Loans
3.8

Amigo Loans

Underwriter

£20,890

 /yr
Range: £19K - £32K

£19K

£32K

£19,229 - £31,619 Range

CFC Underwriting
4.3

CFC Underwriting

Underwriter

£51,556

 /yr
Range: £33K - £99K

£33K

£99K

£33,177 - £99,022 Range

RSA Group
3.7

RSA Group

Underwriter

£29,472

 /yr
Range: £21K - £56K

£21K

£56K

£21,245 - £55,682 Range

Towergate Insurance
3.1

Towergate Insurance

Underwriter

£22,339

 /yr
Range: £17K - £47K

£17K

£47K

£17,250 - £47,002 Range

AXA XL
3.8

AXA XL

Underwriter

£58,014

 /yr
Range: £41K - £79K

£41K

£79K

£41,207 - £78,812 Range

Heat Recruitment
4.8

Heat Recruitment

Underwriter

£32,802

 /yr
Range: £31K - £85K

£31K

£85K

£31,076 - £84,810 Range

Blue Motor Finance
4.1

Blue Motor Finance

Underwriter

£26,088

 /yr
Range: £25K - £29K

£25K

£29K

£24,792 - £28,833 Range

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Frequently asked questions about an Underwriter salaries

The national average salary for an Underwriter is £34,665 per year in United Kingdom. Filter by location to see an Underwriter salaries in your area. Salaries estimates are based on 758 salaries submitted anonymously to Glassdoor by an Underwriter employees.

The highest salary for an Underwriter in United Kingdom is £61,263 per year.

The lowest salary for an Underwriter in United Kingdom is £19,614 per year.

Recent Salary Reports

Below are the most recent underwriter salary reports. Employer name has been removed to protect anonymity.

£46,000
per year
A Surety Underwriter in the London Area area reported making £46,000 per year
Additional Pay
£6k cash bonus
Job Highlights
3-4 years experience
London Area area
Full-time
 
5001 to 10000 employees
Company - Public
£27,500
per year
A Mortgage Underwriter in the Manchester Area area reported making £27,500 per year
Job Highlights
1-2 years experience
Manchester Area area
Full-time
 
10000+ employees
Company - Private
£22,349
per year
A Financial Underwriter in the Bournemouth Area area reported making £22,349 per year
Job Highlights
1-2 years experience
Bournemouth Area area
Full-time
 
201 to 500 employees
Company - Public
£17,000
per year
A Mortgage Underwriter in the Newcastle upon Tyne Area area reported making £17,000 per year
Job Highlights
10+ years experience
Newcastle upon Tyne Area area
Part-time
 
5001 to 10000 employees
Company - Public
£25,000
per year
An Underwriter in the London Area area reported making £25,000 per year
Job Highlights
5-7 years experience
London Area area
Full-time
 
10000+ employees
Company - Public
£59,889
per year
An Underwriter in the London Area area reported making £59,889 per year
Additional Pay
£7k cash bonus
Job Highlights
8-10 years experience
London Area area
Full-time
 
10000+ employees
Company - Public
£29,988
per year
A Mortgage Underwriter in the Bristol Area area reported making £29,988 per year
Job Highlights
3-4 years experience
Bristol Area area
Full-time
 
10000+ employees
Company - Public
£51,000
per year
An Underwriter in the London Area area reported making £51,000 per year
Job Highlights
3-4 years experience
London Area area
Full-time
 
501 to 1000 employees
Company - Private
£21,778
per year
An Underwriter in the Leicester Area area reported making £21,778 per year
Job Highlights
1-2 years experience
Leicester Area area
Full-time
 
201 to 500 employees
Company - Private