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 considering a career in the insurance sector, Assistant Underwriter courses in Newcastle provide an excellent stepping stone. With a total of four courses available, you can choose from beginner options like the Certificate III in Accounts Administration FNS30322 for newcomers, or more advanced qualifications such as the Certificate IV in Business (Administration) BSB40120, Certificate IV in General Insurance FNS41422, and Certificate IV in Financial Services FNS41820 for those with prior experience. Delivered by local training providers like TAFE NSW, these courses are structured to meet the needs of Newcastle’s aspiring professionals.
Embarking on an Assistant Underwriter career opens up numerous pathways within the finance and insurance industries. The relevant job roles such as a Claims Officer, Assistant Broker, or even an Insurance Broker are just a few examples of positions you could pursue after completing your studies. For those interested in a more analytical role, consider becoming a Risk Analyst or an Insurance Analyst. Each of these career paths can significantly benefit from the foundational knowledge provided in Assistant Underwriter courses in Newcastle.
Furthermore, the skills acquired from these qualifications will set you up for success in various related fields. Exploring additional areas such as Finance courses or delving into specialised Insurance Services can further enhance your career prospects. With the growing demand for skilled professionals in Newcastle, taking the first step by enrolling in an Assistant Underwriter course will equip you with the relevant expertise to thrive in this dynamic industry.