Underwriter salary in Australia
Updated 23 July 2026
Take-home on the median Underwriter salary of $80,000 — after $14,520 income tax and $1,600 Medicare levy (2026–27 resident, no HECS, private hospital cover).
What companies pay
Reported total pay for Underwriter roles by employer — medians include bonuses and other cash compensation, so they sit above base-salary figures.
| Company | Median total pay | Typical range |
|---|---|---|
| Aon★ 3.9 | $123,000 | $83,000 – $200,000 |
| Berkshire Hathaway Specialty Insurance★ 4.0 | $115,000 | $80,000 – $150,000 |
| 360 Underwriting Solutions★ 2.7 | $92,500 | $70,000 – $100,000 |
| TAL★ 3.6 | $89,000 | $70,000 – $122,000 |
| Insurance Australia Group★ 3.7 | $87,500 | $80,000 – $109,000 |
| AIG★ 3.6 | $86,500 | $60,000 – $115,000 |
| National Transport Insurance★ 3.4 | $85,500 | $80,000 – $130,000 |
| Chubb★ 3.6 | $85,000 | $62,000 – $139,000 |
| Liberty Financial ★ 4.3 | $84,500 | $68,000 – $98,000 |
| QBE★ 3.9 | $84,000 | $73,800 – $109,000 |
| Steadfast★ 3.6 | $83,300 | $60,000 – $96,000 |
| Zurich Insurance★ 4.0 | $80,500 | $57,000 – $146,500 |
| Chubb Insurance★ 3.4 | $80,500 | $62,000 – $130,000 |
| CHU Underwriting Agency★ 4.1 | $80,500 | $80,000 – $90,000 |
| CGU Insurance★ 3.4 | $80,000 | $60,000 – $101,200 |
| Allianz★ 3.9 | $75,000 | $55,000 – $120,000 |
| Suncorp Group★ 3.7 | $72,000 | $52,000 – $105,000 |
| Strata Community Insurance Agencies★ 3.1 | $70,000 | $59,000 – $100,000 |
| Longitude Insurance★ 1.0 | $70,000 | $65,000 – $87,000 |
| RACQ★ 3.7 | $65,000 | $64,000 – $65,000 |
Underwriter pay by state
Median base salary and range where enough data exists — every figure labelled with its source.
New South Wales
Victoria
Queensland
Western Australia
South Australia
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Salary figures are market estimates built from third-party data and community submissions — they show what the market pays, not what any individual employer will offer. Take-home figures are 2026–27 estimates for an Australian resident with private hospital cover and no HECS debt. General information only — not financial or tax advice.