Assistant Underwriter Courses

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What does an Assistant Underwriter do?

An Assistant Underwriter supports colleagues as they assess applications for loans, credit or insurance policies. You might work for an insurance company, a bank or other financial institution. Assistant Underwriters provide assistance by collecting financial information from applicants, doing administrative tasks during the processing of the application and preparing documents for successful applicants.

Assistant Underwriters liaise with colleagues and clients so good communication skills are essential. You’ll need to be organised and be able to manage your time well. Assistant Underwriters should be able to use a range of business equipment and financial software. It’s important that you can follow directions and have good attention to detail.

Assistant Underwriter Courses

There are 3 courses available for people who want to become a Assistant Underwriter.

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FAQs

How much does an Assistant Underwriter earn?

In Australia, a full time Assistant Underwriter generally earns $960 per week ($49,920 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.

What are the job opportunities for an Assistant Underwriter?

The number of people working as an Assistant Underwriter has decreased over the last five years. There are currently 10,200 people employed in this industry and many of them specialise as an Assistant Underwriter. Assistant Underwriters may find work across all regions of Australia.

Source: Australian Government Job Outlook 2020

How do I become an Assistant Underwriter?

If you’re interested in becoming an Assistant Underwriter consider enrolling in a Certificate III in Financial Services. This course will give you the administrative skills to work in banking, credit management or insurance. You’ll learn to use business technology and explore the legislation affecting the financial services sector.

Courses by Location

Learn more about Assistant Underwriter courses in your area.

Job Pathways

Here are some potential career pathways within insurance services. Click on the occupation for information on the course you should enrol in to start your journey.

Sourced from The Australian Apprenticeships & Traineeships Information Service (aapathways.com.au) funded by the Australian Government Department of Education and Training and MySkills.gov.au.