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Underwriter IV Salaries in Canada

• What is the average Underwriter IV salary in Canada?
  How much does an Underwriter IV in Canada make? The median annual Underwriter IV salary in Canada is C$121,292, as of August 26, 2026, with a range usually between C$105,082-C$136,842 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Underwriter IV 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 IV in Canada.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Underwriter IV in , that make less than that salary. For example 50% of the people who perform the job of Underwriter IV in are expected to make less than the median.
  Source: HR Reported data as of August 26, 2026

• Job Description for Underwriter IV
  Responsible for reviewing and analyzing risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Calculates renewal rates, and determines appropriate premiums, limits, and coverages. Ensures compliance with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. View full job description

• Similar Job titles to Underwriter IV
  • Assembler IV
  • Attorney IV
  • Geophysicist IV
  • Hydrologist IV
  • Mortgage Underwriter I
  • Mortgage Underwriter II
  • Mortgage Underwriter III
  • Paralegal IV

• Level of Education
  • Underwriter IV Salaries with No Diploma
  • Underwriter IV Salaries with a High School Diploma or Technical Certificate
  • Underwriter IV Salaries with an Associate's Degree
  • Underwriter IV Salaries with a Bachelor's Degree
  • Underwriter IV Salaries with a Master's Degree or MBA
  • Underwriter IV Salaries with a JD, MD, PhD or Equivalent

• Industries that include Underwriter IV
  • Business Services ,
  • Edu., Gov't. & Nonprofit ,
  • Financial Services ,
  • Healthcare ,
  • Insurance ,
  • Retail & Wholesale

• Categories that include Underwriter IV
  • Insurance

• Underwriter IV Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Insurance Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K