Insurance underwriters vs Skilled trades occupations Salary
How do Insurance underwriters and Skilled trades occupations salaries compare in the UK? Here is a detailed side-by-side breakdown using the latest ONS data.
Insurance underwriters earns £4,039 more per year (12% higher)
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Detailed Comparison
| Metric | Insurance underwriters | Skilled trades occupations | Difference |
|---|---|---|---|
| Median Annual | £38,958 | £34,919 | +£4,039 |
| Mean Annual | £56,568 | £36,896 | +£19,672 |
| Take-Home (Net) | £31,569 | £28,661 | +£2,908 |
| Monthly (Gross) | £3,247 | £2,910 | +£337 |
| Weekly (Gross) | £749 | £672 | +£77 |
| Hourly | £18.73 | £16.79 | +£1.94 |
Salary Range Comparison
| Percentile | Insurance underwriters | Skilled trades occupations |
|---|---|---|
| 10th (Entry) | £26,622 | £19,202 |
| 25th | £32,174 | £27,269 |
| 50th (Median) | £38,958 | £34,919 |
| 75th | £59,616 | £44,593 |
| 90th (Senior) | £0 | £56,036 |
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Frequently Asked Questions
Who earns more, a Insurance underwriters or a Skilled trades occupations?
A Insurance underwriters earns more. The median salary for a Insurance underwriters is £38,958, whilst a Skilled trades occupations earns £34,919 — a difference of £4,039 per year.
What is the salary difference between a Insurance underwriters and a Skilled trades occupations?
The difference is £4,039 per year. Insurance underwriters is the higher-paid role.
What is the take-home pay difference?
After tax and National Insurance, a Insurance underwriters takes home approximately £31,569 per year, whilst a Skilled trades occupations takes home £28,661. The net difference is £2,908.
Should I become a Insurance underwriters or a Skilled trades occupations?
From a salary perspective, Insurance underwriters 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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