Brokers vs Insurance underwriters Salary
How do Brokers and Insurance underwriters salaries compare in the UK? Here is a detailed side-by-side breakdown using the latest ONS data.
Brokers earns £11,041 more per year (28% higher)
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Detailed Comparison
| Metric | Brokers | Insurance underwriters | Difference |
|---|---|---|---|
| Median Annual | £49,999 | £38,958 | +£11,041 |
| Mean Annual | £71,325 | £56,568 | +£14,757 |
| Take-Home (Net) | £39,519 | £31,569 | +£7,950 |
| Monthly (Gross) | £4,167 | £3,247 | +£920 |
| Weekly (Gross) | £962 | £749 | +£213 |
| Hourly | £24.04 | £18.73 | +£5.31 |
Salary Range Comparison
| Percentile | Brokers | Insurance underwriters |
|---|---|---|
| 10th (Entry) | £27,468 | £26,622 |
| 25th | £33,588 | £32,174 |
| 50th (Median) | £49,999 | £38,958 |
| 75th | £0 | £59,616 |
| 90th (Senior) | £0 | £0 |
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Frequently Asked Questions
Who earns more, a Brokers or a Insurance underwriters?
A Brokers earns more. The median salary for a Brokers is £49,999, whilst a Insurance underwriters earns £38,958 — a difference of £11,041 per year.
What is the salary difference between a Brokers and a Insurance underwriters?
The difference is £11,041 per year. Brokers is the higher-paid role.
What is the take-home pay difference?
After tax and National Insurance, a Brokers takes home approximately £39,519 per year, whilst a Insurance underwriters takes home £31,569. The net difference is £7,950.
Should I become a Brokers or a Insurance underwriters?
From a salary perspective, Brokers offers higher median pay. However, career choice depends on many factors including interests, qualifications, work-life balance and long-term prospects.
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