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How much does a Insurance Underwriter make in Winnipeg, Manitoba?
Insurance Underwriter in Winnipeg – $48,006 to $121,077 annually.
Average base salary
$31.25
/hour
Pays around
Winnipeg
Average
Weekly : $1,250
Monthly : $5,417
Yearly : $65,000
National Average $34.62 /hour Salary & tax breakdown
Average cost of living
$3,413 /month
What does a Insurance Underwriter do?
As an Insurance Underwriter, you'll play a crucial role in helping people and businesses protect what matters most. You'll assess insurance applications, evaluate risks, and determine coverage and premiums, ensuring fair and accurate policies. Your expertise will guide clients in making informed decisions, providing them with peace of mind. Typically, you'll find yourself working in the head or branch offices of insurance companies, where your analytical skills and attention to detail will shine. Join this rewarding field and make a meaningful impact every day.
Related Skills:
Regulatory Compliance Insurance Knowledge Attention to Detail Analytical Thinking Client Relationship Management Show all skills (10)Core Skills
Regulatory Compliance
Report Writing
Technical Skills
Insurance Knowledge
Foundational Skills
Attention to Detail
Analytical Skills
Analytical Thinking
Problem Solving
Risk Assessment
Interpersonal Skills
Client Relationship Management
Communication Skills
Team Collaboration
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Highest paying cities for Insurance Underwriter
How much do similar professions as Insurance Underwriter get paid in Manitoba?
Frequently Asked Questions
Insurance underwriters review and evaluate insurance applications to determine insurance risks, premiums, and coverage extent according to company policies. They also approve the sale of insurance policies and ensure compliance with government regulations.
A completion of secondary school and some general insurance experience or a bachelor's degree, college diploma, or some post-secondary education is required. Additionally, several years of on-the-job training and completion of insurance industry underwriting courses and training programs are necessary.
Key skills for insurance underwriters include analytical thinking, attention to detail, client relationship management, communication skills, insurance knowledge, problem solving, regulatory compliance, report writing, risk assessment, and team collaboration.
The salary for insurance underwriters typically ranges from $23.08 to $58.21, depending on experience, education, and location.
Yes, with experience, insurance underwriters can progress to management positions within the insurance industry. Professional recognition as a Chartered Insurance Professional (CIP) and further qualifications can also enhance career prospects.
Insurance underwriters are primarily employed by insurance companies, working in both head and branch offices. They may handle applications for various types of insurance, including automobile, fire, health, liability, life, property, marine, and aircraft insurance.
The job outlook for insurance underwriters is stable, with opportunities for growth as the insurance industry continues to evolve. Technological advancements and regulatory changes may influence demand for skilled underwriters.
While insurance underwriters traditionally work in office settings, there is increasing potential for remote work, especially with advancements in digital tools and communication technologies that facilitate remote evaluation and decision-making processes.
Winnipeg has a population of 749,607 as of 2021, which represents a 6% increase since 2016.
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Winnipeg, Manitoba ]
The average employment income in 2020 was $46,400, while the median for full-time, full-year workers was $58,000.
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Winnipeg, Manitoba ]
The median monthly shelter cost for owned dwellings is $1,240, compared to $1,100 for rented dwellings.
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Winnipeg, Manitoba ]
The unemployment rate in 2021 was 8.9%.
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Winnipeg, Manitoba ]
63.1% of households in Winnipeg are owner-occupied, while 36.9% are renters.
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Winnipeg, Manitoba ]
20,000 Canadian salary reported, updated November 19, 2025 (data source: open.canada.ca).
