Nationally, the median is $80,000 — Queensland sits $0 above the national figure. See the national picture →
Take-home on the median Underwriter salary of $80,000 — after $14,788 income tax and $1,600 Medicare levy (2025–26 resident, no HECS, private hospital cover).
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 |
|---|---|---|
| Zurich Insurance★ 4.0 | $120,278 | $116,197 – $124,358 |
| CGU Insurance★ 3.4 | $101,294 | $97,530 – $105,057 |
| NTI★ 3.9 | $90,059 | $86,911 – $93,208 |
| Insurance Australia Group★ 3.7 | $90,000 | $83,300 – $109,000 |
| MLC★ 3.4 | $86,936 | $84,097 – $89,774 |
Median base salary and range where enough data exists — every figure labelled with its source.
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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 2025–26 estimates for an Australian resident with private hospital cover and no HECS debt. General information only — not financial or tax advice.
| QBE★ 3.9 | $86,000 | $80,000 – $92,000 |
| Chubb★ 3.6 | $85,000 | $65,000 – $125,000 |
| MLC Life Insurance★ 3.2 | $80,354 | $77,474 – $83,235 |
| Allianz★ 3.9 | $75,000 | $53,000 – $95,200 |
| Strata Community Insurance Agencies★ 3.1 | $70,296 | $67,490 – $73,102 |
| CHU Underwriting Agency★ 4.1 | $67,500 | $65,000 – $70,000 |
| RACQ★ 3.7 | $65,000 | $64,000 – $65,000 |
| Woodina Underwriting Agency★ 4.0 | $64,922 | $59,844 – $70,000 |
| ABC★ 3.9 | $60,278 | $58,120 – $62,435 |
| Suncorp Group★ 3.7 | $53,500 | $52,000 – $55,000 |