How much does an Underwriting Assistant make in Minnesota? The average Underwriting Assistant salary in Minnesota is $53,337 as of March 26, 2024, but the range typically falls between $47,946 and $59,638. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Underwriting Assistant Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Assistant Salary $43,039 MN March 26, 2024
25th Percentile Underwriting Assistant Salary $47,946 MN March 26, 2024
50th Percentile Underwriting Assistant Salary $53,337 MN March 26, 2024
75th Percentile Underwriting Assistant Salary $59,638 MN March 26, 2024
90th Percentile Underwriting Assistant Salary $65,375 MN March 26, 2024
25% $47,946 10% $43,039 90% $65,375 75% $59,638 $53,337 50%(Median) Didn’t find job title? Click
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What skills does an Underwriting Assistant need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.

3.

Data Entry: Transcribing information into an electronic medium such as a computer or other electronic device.

Customer Service 4.98%
Brokerage 1%
Data Entry 1.54%
Others 92.48%

Job Description for Underwriting Assistant

Underwriting Assistant provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums. Typically requires a high school diploma. Additionally, Underwriting Assistant typically reports to a supervisor. The Underwriting Assistant works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be an Underwriting Assistant typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriting Assistant in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $54,953 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $55,318 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $49,270 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $51,773 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $50,365 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $46,559 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $54,901 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $50,052 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $50,417 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $50,104 Date Updated March 26, 2024

Career Path for Underwriting Assistant

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriting Assistant, the first career path typically progresses to Health Underwriting Manager.

The second career path typically starts with a Life Underwriting Supervisor position, and then progresses to Life Underwriting Manager.

The third career path typically starts with a Property Casualty Underwriting Supervisor position, and then progresses to Property Casualty Underwriting Manager.

Additionally, the fourth career path typically starts with an Underwriting Supervisor position, and then progresses to Underwriting Manager.

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Underwriting Assistant Salary in Minnesota
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