Home > Salary > Australia > Assistant Underwriter
An assistant underwriter is a professional who supports the underwriting team in evaluating and assessing insurance applications. They are responsible for gathering and verifying information from clients, brokers, and other sources to determine the level of risk associated with an insurance policy. Assistant underwriters assist in analyzing data, reviewing documents, and performing calculations to determine the appropriate premium rates and coverage limits. They may also assist in preparing quotes, policies, and endorsements for clients. Additionally, they help maintain accurate records and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance policies and procedures are essential for success in this role.
Estimated Yearly Salary: 114,451 AUD
Estimated Monthly Salary: 9,538 AUD
Estimated Weekly Salary: 2,201 AUD per week
Estimated Hourly Salary: 55 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,222 AUD
Estimated Weekly Salary: 2,128 AUD per week
Estimated Hourly Salary: 53 AUD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 57,306 USD
Estimated Monthly Salary: 4,776 USD
Estimated Weekly Salary: 1,102 USD per week
Estimated Hourly Salary: 28 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 114,451 AUD
Estimated Monthly Salary: 9,538 AUD
Estimated Weekly Salary: 2,201 AUD per week
Estimated Hourly Salary: 55 AUD per hour
By working as Assistant Underwriter a person can save up to 2,358 USD per month or 28,300 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Assistant Underwriter
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Underwriter salary in Australia
Average Yearly Salary of Assistant Underwriter in Australia is approximately 114,451 AUD (57,306 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Assistant Underwriter do?
An assistant underwriter is a professional who supports the underwriting team in evaluating and assessing insurance applications. They are responsible for gathering and verifying information from clients, brokers, and other sources to determine the level of risk associated with an insurance policy. Assistant underwriters assist in analyzing data, reviewing documents, and performing calculations to determine the appropriate premium rates and coverage limits. They may also assist in preparing quotes, policies, and endorsements for clients. Additionally, they help maintain accurate records and ensure compliance with underwriting guidelines and regulations. Strong analytical skills, attention to detail, and knowledge of insurance policies and procedures are essential for success in this role.
Skills: Assistant underwriter, Insurance industry, Risk assessment, Underwriting process, Data analysis, Compliance.
Job industry: Insurance
Job industry: Insurance
How much does Assistant Underwriter make?
Salary details
How much does Assistant Underwriter make?Estimated Yearly Salary: 114,451 AUD
Estimated Monthly Salary: 9,538 AUD
Estimated Weekly Salary: 2,201 AUD per week
Estimated Hourly Salary: 55 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 110,660 AUDEstimated Monthly Salary: 9,222 AUD
Estimated Weekly Salary: 2,128 AUD per week
Estimated Hourly Salary: 53 AUD per hour
Last revision of data: 2024-01-06Assistant Underwriter estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 57,306 USD
Estimated Monthly Salary: 4,776 USD
Estimated Weekly Salary: 1,102 USD per week
Estimated Hourly Salary: 28 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Underwriter job salary compared to average salary in Australia.
Comparison shows that a person working as Assistant Underwriter in Australia earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Underwriter job salary compared to average salary in Australia.
Comparison shows that a person working as Assistant Underwriter in Australia earns on average:
1.36 times the average salary (or 136% of average salary).
Is Assistant Underwriter a well paid job?
Yes, our data shows that Assistant Underwriter is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Assistant Underwriter?
High salary for Assistant Underwriter would be somewhere between 125,896 AUD and 165,954 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Underwriter in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 114,451 AUD
Estimated Monthly Salary: 9,538 AUD
Estimated Weekly Salary: 2,201 AUD per week
Estimated Hourly Salary: 55 AUD per hour
By working as Assistant Underwriter a person can save up to 2,358 USD per month or 28,300 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Underwriter
Indonesia is 10,042 USD
East Timor is 42,601 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Claims handler (101,972 AUD per year, pre-tax.)
Tax consultant (91,756 AUD per year, pre-tax.)
Brokerage clerk (60,248 AUD per year, pre-tax.)
Naval architect (181,000 AUD per year, pre-tax.)
Women's health nurse practitioner (np) (125,704 AUD per year, pre-tax.)
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