▼61%
C$119,061
Avg. Base Salary (CAD)
/ year
Avg. Base Salary (CAD)
25%
CA$96k
MEDIAN
CA$119k
75%
CA$134k
The average salary for an Underwriting Specialist is C$119,061 in 2025
Base Salary
C$96k - C$134k
Bonus
C$8k - C$20k
Total Pay
C$105k - C$152k
Is Average Underwriting Specialist Salary in Toronto, Ontario your job title? Find out what you should be paid
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What is the Pay by Experience Level for Underwriting Specialists?
▲4%
What Do Underwriting Specialists Do?
Underwriting Specialist Tasks
- Manage and grow assigned portfolio.
- Develop relationships with current and new clients.
- Conduct and write up account reviews.
- Evaluate case risk and profitability.
Find your market worth – how it works:
Common Health Benefits for a Underwriting Specialist
Medical
86%
Dental
86%
Vision
86%
None
14%
Gender Breakdown for Underwriting Specialists
Male
60.0%
Female
40.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.
FAQs About Underwriting Specialists
What is the highest pay for Underwriting Specialists in Toronto?
Our data indicates that the highest pay for an Underwriting Specialist in Toronto is CA$NaN / year
What is the lowest pay for Underwriting Specialists in Toronto?
Our data indicates that the lowest pay for an Underwriting Specialist in Toronto is CA$NaN / year
How can Underwriting Specialists increase their salary?
Increasing your pay as an Underwriting Specialist 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 an Underwriting Specialist that oversees more junior Underwriting Specialists, this experience can increase the likelihood to earn more.