Underwriter Salaries

401 SalariesUpdated May 14, 2021

Average Base Pay
CA$58k / yr
Not enough reports to show salary distribution
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How much does a Underwriter make?

The national average salary for a Underwriter is $58,168 in Canada. Filter by location to see Underwriter salaries in your area. Salary estimates are based on 401 salaries submitted anonymously to Glassdoor by Underwriter employees.

Salaries for Related Job Titles

Insurance UnderwritingCA$58k
ClaimsCA$48k

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Salaries by Company

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Average Base Salaries in (CAD)
Company
Average Base Salaries in (CAD)
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High

Underwriter

Intact

CA$58,302/yr

Range: CA$45k - CA$70k

38 salaries

CA$58,302/yr
CA$45kCA$70k

Underwriter

Chubb

CA$70,280/yr

Range: CA$55k - CA$82k

30 salaries

CA$70,280/yr
CA$55kCA$82k

Underwriter

Export Development Canada

CA$71,767/yr

Range: CA$56k - CA$130k

24 salaries

CA$71,767/yr
CA$56kCA$130k

Underwriter

Wawanesa Insurance

CA$60,116/yr

Range: CA$41k - CA$87k

15 salaries

CA$60,116/yr
CA$41kCA$87k

Underwriter

Northbridge Insurance

CA$59,912/yr

Range: CA$48k - CA$82k

15 salaries

CA$59,912/yr
CA$48kCA$82k

Underwriter

AIG

CA$70,609/yr

Range: CA$55k - CA$84k

14 salaries

CA$70,609/yr
CA$55kCA$84k

Underwriter

Sun Life

CA$55,032/yr

Range: CA$45k - CA$63k

10 salaries

CA$55,032/yr
CA$45kCA$63k

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Underwriter

Economical Insurance

CA$57,267/yr

Range: CA$45k - CA$82k

10 salaries

CA$57,267/yr
CA$45kCA$82k

Underwriter

The Guarantee Company of North America

CA$77,203/yr

Range: CA$43k - CA$102k

9 salaries

CA$77,203/yr
CA$43kCA$102k

Underwriter

TD

CA$55,556/yr

Range: CA$55k - CA$71k

8 salaries

CA$55,556/yr
CA$55kCA$71k

Underwriter

Travelers

CA$62,448/yr

Range: CA$54k - CA$89k

7 salaries

CA$62,448/yr
CA$54kCA$89k

Underwriter

First National Financial

CA$66,374/yr

Range: CA$61k - CA$73k

7 salaries

CA$66,374/yr
CA$61kCA$73k

Underwriter

Aviva Canada

CA$57,863/yr

Range: CA$50k - CA$61k

6 salaries

CA$57,863/yr
CA$50kCA$61k

Underwriter

Equitable Bank

CA$62,695/yr

Range: CA$59k - CA$77k

6 salaries

CA$62,695/yr
CA$59kCA$77k

Underwriter

Cansure

CA$43,504/yr

Range: CA$37k - CA$51k

6 salaries

CA$43,504/yr
CA$37kCA$51k

Underwriter

BMO Financial Group

CA$65,657/yr

Range: CA$41k - CA$91k

5 salaries

CA$65,657/yr
CA$41kCA$91k

Underwriter

The Co-operators

CA$54,199/yr

Range: CA$45k - CA$55k

5 salaries

CA$54,199/yr
CA$45kCA$55k

Underwriter

Aon

CA$56,866/yr

Range: CA$48k - CA$84k

5 salaries

CA$56,866/yr
CA$48kCA$84k

Underwriter

Canada Drives

CA$32,401/yr

Range: CA$32k - CA$37k

5 salaries

CA$32,401/yr
CA$32kCA$37k

Underwriter

Aviva

CA$57,691/yr

Range: CA$40k - CA$63k

5 salaries

CA$57,691/yr
CA$40kCA$63k

Recent Salary Reports

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

$60,000
per year
A Personal Lines Underwriter in the Toronto Area area reported making $60,000 per year
Job Highlights
3-4 years experience
Toronto Area area
Full-time
 
1001 to 5000 employees
Company - Private
$58,000
per year
An Underwriter in the Edmonton Area area reported making $58,000 per year
Additional Pay
$4k cash bonus
Job Highlights
5-7 years experience
Edmonton Area area
Full-time
 
1001 to 5000 employees
Company - Private
$53,000
per year
An Underwriting in the Toronto Area area reported making $53,000 per year
Additional Pay
$2k cash bonus
Job Highlights
5-7 years experience
Toronto Area area
Full-time
 
1001 to 5000 employees
Company - Private
$5,000
monthly
An Underwriter in the Calgary Area area reported making $5,000 per month
Job Highlights
1-2 years experience
Calgary Area area
Full-time
 
10000+ employees
Company - Public
$55,000
per year
An Underwriter in the Toronto Area area reported making $55,000 per year
Additional Pay
$4k cash bonus
Job Highlights
1-2 years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Public
$62,500
per year
A Commercial Underwriter in the Edmonton Area area reported making $62,500 per year
Job Highlights
10+ years experience
Edmonton Area area
Full-time
 
51 to 200 employees
Company - Public
$55,000
per year
An Underwriter in the Kitchener Area area reported making $55,000 per year
Job Highlights
10+ years experience
Kitchener Area area
Full-time
 
51 to 200 employees
Company - Private
$48,418
per year
An Underwriter in the London Area area reported making $48,418 per year
Additional Pay
$3k cash bonus
Job Highlights
3-4 years experience
London Area area
Full-time
 
10000+ employees
Company - Public
$60,000
per year
An Underwriter in the Toronto Area area reported making $60,000 per year
Additional Pay
$7k cash bonus
Job Highlights
3-4 years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Public
$87,000
per year
An Underwriter in the Halifax Area area reported making $87,000 per year
Job Highlights
10+ years experience
Halifax Area area
Full-time
 
1001 to 5000 employees
Company - Private