This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersAn Assistant Underwriter supports the assessment of loan, credit, or insurance applications by gathering financial information and managing administrative tasks.
Get qualified to work as an Assistant Underwriter with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Assistant Underwriter generally earns $1,400 per week ($72,800 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.
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If you're looking to enhance your career in the finance and insurance sectors, consider exploring Assistant Underwriter courses in Melbourne. These programs are designed to equip you with the essential skills needed to thrive in this dynamic field. Whether you are a beginner eager to start your journey with the Certificate III in Accounts Administration FNS30322, or an experienced professional seeking to advance your expertise, there’s something for everyone. With a total of four courses available, you can find the right fit for your current qualifications and career aspirations.
For seasoned professionals, the advanced courses such as the Certificate IV in Business (Administration) BSB40120 or the Certificate IV in General Insurance FNS41422 provide in-depth knowledge and skills that meet industry standards. Additionally, the Certificate IV in Financial Services FNS41820 offers valuable insights into financial products and services, further enhancing your capability as an Assistant Underwriter in Melbourne.
As you embark on your educational journey, it’s important to remember that the Assistant Underwriter role connects with various job paths. If you’re exploring related opportunities, consider positions like Claims Officer, Assistant Broker, or even an Insurance Broker. Each of these roles offers unique challenges and rewards, allowing you to tailor your career to your strengths and interests.
Furthermore, for a comprehensive understanding of the industry, you can explore relevant fields of study that integrate with Assistant Underwriter courses, such as Finance courses or Insurance Services. Investing time in these areas not only broadens your knowledge but also increases your employability in the bustling Melbourne finance landscape. By gaining the right qualifications and skills, you’ll be well on your way to a successful career as an Assistant Underwriter or in related fields.