Accountant vs Underwriter
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Pay
Accountant
$85,000 typical, a year
Most Accountants earn $70,000 to $100,000 a year.
From 2,323 postings that list pay
6,864 open jobs now
Underwriter
$120,000 typical, a year
Most Underwriters earn $99,000 to $144,400 a year.
From 239 postings that list pay
524 open jobs now
Underwriters typically earn about $35,000 more a year than Accountants.
What each one does
Accountant
- Prepare and post journal entries for the month-end close process.
- Reconcile general ledger accounts and resolve any discrepancies.
- Maintain accurate financial records and support the closing process.
- Prepare financial statements and reports for management review.
- Manage accounts payable and accounts receivable transactions.
- Conduct variance analysis to identify trends and explain variances.
Summed up from 30 job postings
Underwriter
- Evaluate and analyze risks to determine if they are acceptable.
- Review and analyze submissions including applications and financial data.
- Develop and maintain strong relationships with agents and brokers.
- Communicate underwriting appetite and value to brokers and clients.
- Price risks and set appropriate terms and conditions.
- Monitor portfolio trends and underwriting results.
Summed up from 30 job postings
Skills employers ask for
Accountant
Asked for in both
- Microsoft Excel 6 in 10 postings
- Microsoft Office 3 in 10 postings
More common in Accountant postings
- Reconciliations 5 in 10 postings
- Month-End Close 4 in 10 postings
- Financial Reporting 3 in 10 postings
- US GAAP 3 in 10 postings
- General Ledger 3 in 10 postings
- General Accounting 3 in 10 postings
- Accounts Payable 2 in 10 postings
Underwriter
Asked for in both
- Microsoft Excel 1 in 10 postings
- Microsoft Office 2 in 10 postings
More common in Underwriter postings
- Underwriting 9 in 10 postings
- Risk Management 2 in 10 postings
- Commercial Lines 2 in 10 postings
- Insurance 1 in 10 postings
- Customer Service 1 in 10 postings
- Portfolio Management 1 in 15 postings
Out of each role's current postings.
Licenses and certifications
Accountant
- CPA 3 in 10 postings
Underwriter
- CPCU 2 in 10 postings
Open jobs
Accountant
Accountant III
Bronco Wine Company$78,800 - $95k/yrstated Ceres, CA, 95307 OnsiteMicrosoft ExcelSAPGMPEnterprise Resource Planning (ERP)Reconciliations +16Accountant II
Bronco Wine Company$75,800 - $90k/yrstated Ceres, CA, 95307 OnsiteMicrosoft ExcelGMPSAPEnterprise Resource Planning (ERP)General Ledger +16Accountant I
Bronco Wine Company$71,800 - $85k/yrstated Ceres, CA, 95307 OnsiteMicrosoft ExcelSAPIntercompanyGMPInternal Controls +13
Underwriter
Underwriter / Account Executive - Select
Travelers$87,800 - $144,800/yrstated CA - Diamond Bar HybridUnderwritingActuarialCommercial LinesCross-SellingRisk Management +1Underwriter, Southeast
Coalition$100k/yrstated Any location, United States RemoteUnderwritingRisk AnalysisMiddle Market Underwriter
Merchants Insurance Group$80k - $100k/yrstated Bedford, NH HybridMicrosoft OfficeCPCUUnderwritingMicrosoft OutlookProperty & Casualty Insurance +1
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