Underwriting Manager Salaries in Canada
Alternate Job Titles: Underwriting Operations Manager
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How much does an Underwriting Manager in Canada make? The median annual Underwriting Manager salary in Canada is C$133,907, as of March 25, 2025, with a range usually between C$118,134-C$154,411 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Underwriting Manager 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 Manager in Canada.
This chart describes the expected percentage of people who perform the job of Underwriting Manager that make less than that annual salary. For example the median expected annual pay for a typical Underwriting Manager in Canada is C$133,907, so 50% of the people who perform the job of Underwriting Manager in Canada are expected to make less than C$133,907.
Source: HR Reported data as of March 25, 2025
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This chart describes the expected percentage of people who perform the job of Underwriting Manager in , that make less than that salary. For example 50% of the people who perform the job of Underwriting Manager in are expected to make less than the median.
Source: HR Reported data as of March 25, 2025
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Manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View full job description
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