Postcode:
Resident:
Employed:
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.
There is one course available for people who want to become an Assistant Underwriter.
Possible job outcomes:
Get a job in the accounts or payroll department with the FNS30122 Certificate III in Financial Services. This nationally recognised qualification will teach you how to work within a compliance framework, collecting and recording data, then maintaining financial records. The course covers: organising workplace information, purchasing goods and services, working with spreadsheets, producing business documents, processing accounts and payroll data. Enquire now for the full list of study units, financial services career outcomes, and enrolment opportunities near you..
Average duration: 12 months.
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.
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 Labour Market Insights
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.
We’ll find nearby campuses and check if you’re eligible for funding in your state.
Here are some potential career pathways within insurance services. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Insurance Services
Assistant Broker
$960 weekly pay
Assistant Underwriter
Claims Officer
$1,050 weekly pay
Claims Consultant
$1,150 weekly pay
Claims Specialist
$1,250 weekly pay
Insurance Analyst
Insurance Broker
$1,350 weekly pay
Insurance Claims Assessor
$1,540 weekly pay
Insurance Consultant
Risk Advisor
$1,500 weekly pay
Risk Analyst
$1,920 weekly pay
Learn more about Assistant Underwriter courses in your area.