Compliance Officer vs Insurance Underwriter: Which Pays More?

Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.

National Median Salary Comparison
Compliance Officer
$80,730
Insurance Underwriter
$81,370
Higher Pay
Finance

Compliance Officer

Ensure the organisation adheres to legal and regulatory requirements.

National Median
$80,730/yr
Entry
$52,986
Mid
$95,560
Senior
$172,341
+18% demand/yr55% AI risk
Regulatory ComplianceAMLKYCAudit
Full Compliance Officer salary data โ†’
Higher Pay
Finance

Insurance Underwriter

Evaluate insurance applications and set policy terms and premiums.

National Median
$81,370/yr
Entry
$54,036
Mid
$97,453
Senior
$175,755
+5% demand/yr82% AI risk
Risk AssessmentActuarial MethodsInsurance LawExcel
Full Insurance Underwriter salary data โ†’
Verdict

Insurance Underwriter earns more on average โ€” the national median is $640/year (1%) higher than a Compliance Officer. However, salaries vary significantly by city, employer, and experience level โ€” see the city-by-city breakdown below.

Compliance Officer vs Insurance Underwriter โ€” Salary by City

National median figures in USD across top cities.

CityCompliance OfficerInsurance UnderwriterDifference
San Francisco, CA$116,110$116,321Compliance $211
New York, NY$95,560$97,453Compliance $1,893
Seattle, WA$112,100$112,876Compliance $776
Austin, TX$91,160$91,022Compliance +$138
Chicago, IL$87,128$86,961Compliance +$167
Boston, MA$106,920$107,567Compliance $647
London, UKยฃ64,665ยฃ63,807Compliance +$858
Toronto, CanadaCA$108,867CA$109,558Compliance $691
Pay Gap
1%
Insurance Underwriter earns more
Demand Growth
18% vs 5%
Compliance Officer vs Insurance Underwriter YoY
AI Risk
55% vs 82%
Compliance Officer vs Insurance Underwriter

Frequently Asked Questions

Does a Compliance Officer or Insurance Underwriter earn more?+

A Insurance Underwriter earns more on average. The national median salary for a Compliance Officer is $80,730/year, compared to $81,370/year for a Insurance Underwriter โ€” a difference of $640 (1%).

Which has better career growth โ€” Compliance Officer or Insurance Underwriter?+

Compliance Officer roles are growing at 18% YoY while Insurance Underwriter demand is growing at 5% YoY. Compliance Officer has stronger near-term demand growth.

Can you switch from Compliance Officer to Insurance Underwriter?+

Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: Risk Assessment.

Which is harder to automate โ€” Compliance Officer or Insurance Underwriter?+

Compliance Officer has a lower AI automation risk (55% vs 82%). Based on Oxford Martin School and McKinsey 2023 analysis.