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Underwriter average salary in the UK in 2026

Use live pay and demand signals to decide your next move as a Underwriter

Last checked: 1 Apr 2026, 06:27
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Historical annual view

Track Underwriter pay and demand beyond the last 12 months

Switch between completed calendar years from 2023 onwards, then compare the current year to the same point last year.

Annual archive

Completed year snapshots

Permanent

Average pay

£54,050.00

Jobs counted

210

Contract inside IR35

Average pay

£600.00

Jobs counted

15

Contract outside IR35

Average pay

£675.00

Jobs counted

13

Contract IR35 not specified

Average pay

NA

Jobs counted

0

Permanent salary trend in 2025

Monthly permanent pay and listing counts for Underwriter across the whole of 2025.

MonthJobsLowAverageHigh
December 20256£37,500.00£41,250.00£45,000.00
November 202532£53,325.00£59,175.00£65,000.00
October 202532£40,425.00£42,575.00£44,750.00
September 202536£42,150.00£48,350.00£54,575.00
August 202518£47,925.00£53,550.00£59,175.00
July 202516£53,000.00£58,625.00£64,250.00
June 20258£48,375.00£52,950.00£57,500.00
May 202513£55,700.00£60,750.00£65,800.00
April 202514£49,400.00£52,200.00£55,000.00
March 202511£55,750.00£60,375.00£65,000.00
February 202515£51,825.00£53,925.00£56,000.00
January 20259£57,250.00£60,625.00£64,000.00

Contract rate trend in 2025

Switch IR35 view to see how contract demand and day rates moved through the year.

MonthJobsLowDay rateHigh
December 20250NANANA
November 20250NANANA
October 20250NANANA
September 20252£400.00£475.00£525.00
August 20251£1,200.00£1,400.00£1,600.00
July 20251£600.00£625.00£650.00
June 20252£325.00£325.00£350.00
May 20250NANANA
April 20252£475.00£500.00£525.00
March 20254£575.00£600.00£625.00
February 20252£550.00£575.00£600.00
January 20251£700.00£750.00£775.00

Year to date

2026 vs 2025 at the same point in the year

Comparison window: 1 Jan to 1 Apr 2026. The previous year is automatically cut to the same day, so these figures stay like-for-like.

Permanent

2026 average pay

£54,550.00

250 jobs

Compared with 2025

Pay down 6% (£3,550.00)

Jobs up 558% (212)

Contract inside IR35

2026 average pay

£525.00

4 jobs

Compared with 2025

Pay down 16% (£100.00)

Jobs down 43% (3)

Contract outside IR35

2026 average pay

£675.00

4 jobs

Compared with 2025

Pay up 4% (£25.00)

Jobs up 33% (1)

Contract IR35 not specified

2026 average pay

NA

0 jobs

Compared with 2025

Pay -

Jobs -

Nothing to compare

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