Insurance Underwriter vs Treasury Analyst: Which Pays More?
Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.
Insurance Underwriter
Evaluate insurance applications and set policy terms and premiums.
Treasury Analyst
Manage cash flow, liquidity, and financial risk for corporate treasury.
Treasury Analyst earns more on average — the national median is $21,370/year (26%) higher than a Insurance Underwriter. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
Insurance Underwriter vs Treasury Analyst — Salary by City
National median figures in USD across top cities.
| City | Insurance Underwriter | Treasury Analyst | Difference |
|---|---|---|---|
| San Francisco, CA | $116,321 | $146,051 | Insurance $29,730 |
| New York, NY | $97,453 | $122,304 | Insurance $24,851 |
| Seattle, WA | $112,876 | $149,231 | Insurance $36,355 |
| Austin, TX | $91,022 | $117,079 | Insurance $26,057 |
| Chicago, IL | $86,961 | $108,952 | Insurance $21,991 |
| Boston, MA | $107,567 | $134,405 | Insurance $26,838 |
| London, UK | £63,807 | £79,386 | Insurance $15,579 |
| Toronto, Canada | CA$109,558 | CA$140,334 | Insurance $30,776 |
Frequently Asked Questions
Does a Insurance Underwriter or Treasury Analyst earn more?+
A Treasury Analyst earns more on average. The national median salary for a Insurance Underwriter is $81,370/year, compared to $102,740/year for a Treasury Analyst — a difference of $21,370 (26%).
Which has better career growth — Insurance Underwriter or Treasury Analyst?+
Insurance Underwriter roles are growing at 5% YoY while Treasury Analyst demand is growing at 10% YoY. Treasury Analyst has stronger near-term demand growth.
Can you switch from Insurance Underwriter to Treasury Analyst?+
Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: Excel.
Which is harder to automate — Insurance Underwriter or Treasury Analyst?+
Treasury Analyst has a lower AI automation risk (60% vs 82%). Based on Oxford Martin School and McKinsey 2023 analysis.