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Underwriting Director Salaries in Thunder Bay, ON

• What is the average Underwriting Director salary for Thunder Bay, ON?
  How much does an Underwriting Director in Thunder Bay, ON make? The median annual Underwriting Director salary in Thunder Bay, ON is C$229,605, as of September 23, 2026, with a range usually between C$196,306-C$256,609 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Underwriting Director 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 Underwriting Director in Thunder Bay, ON.

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

• Job Description for Underwriting Director
  Directs and oversees the team responsible for reviewing and analyzing risk characteristics on insurance applications, renewals, and change requests. Establishes financial control guidelines, tools, administrative standards, and best practices and ensures they are used to accept, reject, or mitigate risk for applications. Researches competitors and market conditions to develop and maintain risk selection criteria and methods that support sound risk management. Ensures compliance with all industry and governmental regulations. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. View full job description

• Similar Job titles to Underwriting Director
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• Level of Education
  • Underwriting Director Salaries with No Diploma
  • Underwriting Director Salaries with a High School Diploma or Technical Certificate
  • Underwriting Director Salaries with an Associate's Degree
  • Underwriting Director Salaries with a Bachelor's Degree
  • Underwriting Director Salaries with a Master's Degree or MBA
  • Underwriting Director Salaries with a JD, MD, PhD or Equivalent

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• Categories that include Underwriting Director
  • Insurance
  • Executive and Management

• Underwriting Director 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
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