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Underwriter I - Life Salaries in Toronto, ON

• What is the average Underwriter I - Life salary for Toronto, ON?
  How much does an Underwriter I - Life in Toronto, ON make? The median annual Underwriter I - Life salary in Toronto, ON is C$70,478, as of September 23, 2026, with a range usually between C$64,869-C$78,256 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Underwriter I - Life may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Underwriter I - Life in Toronto, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Underwriter I - Life in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Underwriter I - Life in Toronto, ON are expected to make less than the median.
  Source: HR Reported data as of September 23, 2026

• Job Description for Underwriter I - Life
  Responsible for reviewing and analyzing life insurance applications. Evaluates an applicant's medical history, physical condition, occupational hazards, and other information to accept, modify, or decline an application. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Calculates rates and premiums from approved decrement tables. Ensures compliance with all industry and governmental regulations. Requires a bachelor's degree. May require Chartered Life Underwriter (CLU) certification. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. View full job description

• Similar Job titles to Underwriter I - Life
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• Level of Education
  • Underwriter I - Life Salaries with an Associate's Degree
  • Underwriter I - Life Salaries with a Bachelor's Degree
  • Underwriter I - Life Salaries with a Master's Degree or MBA
  • Underwriter I - Life Salaries with a JD, MD, PhD or Equivalent

• Most Popular Cities for Underwriter I - Life in Canada
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• Categories that include Underwriter I - Life
  • Insurance
  • Entry Level

• Underwriter I - Life Salaries by Province in Canada
  • Alberta
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  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
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• Insurance Jobs by Salary Range
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