▼9%
C$78,080
Avg. Base Salary (CAD)
/ year
Avg. Base Salary (CAD)
10%
CA$63k
MEDIAN
CA$78k
90%
CA$95k
The average salary for a Senior Underwriter is C$78,080 in 2025
Base Salary
C$63k - C$95k
Bonus
C$3k - C$12k
Profit Sharing
C$1k - C$5k
Total Pay
C$64k - C$103k
Is Average Senior Underwriter Salary in Canada your job title? Find out what you should be paid
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What is the Pay by Experience Level for Senior Underwriters?
What Do Senior Underwriters Do?
Find your market worth – how it works:
How do Senior Underwriters Rate Their Jobs?
Based on 18 responses, the job of Senior Underwriter has received a job satisfaction rating of 3.94 out of 5. On average, Senior Underwriters are highly satisfied with their job.
Common Health Benefits for a Senior Underwriter
Medical
95%
Dental
89%
Vision
83%
None
4%
Gender Breakdown for Senior Underwriters
Female
71.4%
Male
27.1%
This data is based on 70 survey responses. Learn more about the gender pay gap.
FAQs About Senior Underwriters
What is the highest pay for Senior Underwriters?
Our data indicates that the highest pay for a Senior Underwriter is CA$95k / year
What is the lowest pay for Senior Underwriters?
Our data indicates that the lowest pay for a Senior Underwriter is CA$63k / year
How can Senior Underwriters increase their salary?
Increasing your pay as a Senior Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Senior Underwriter that oversees more junior Senior Underwriters, this experience can increase the likelihood to earn more.