SOC 2020 · 3532
Insurance underwriters
Immigration Rules Appendix Skilled Occupations from
Skilled Worker
Shortage list only
Below the usual skill level, but listed.
Salary floor
£41,700
The general threshold, £41,700, is the higher of the two.
Shortage lists
Temporary Shortage List
Listed roles carry their own restrictions — check GOV.UK.
Shortage list conditions
Temporary Shortage List: all jobs in this code. Certificate of sponsorship must be issued before 31 Dec 2026.
Shortage-list jobs are below the usual skill level, so employers face restrictions such as no dependants and no salary discount. Check GOV.UK for the current conditions.
Salary the job must pay
A Skilled Worker job must pay at least the higher of the general threshold and the going rate for its occupation code.
Going rate (standard)
£36,500
General threshold
£41,700
Visa thresholds from
Minimum for this role
£41,700
Home Office going rates from
New entrants and some other cases can use 70% of the going rate, £33,400, subject to the lower general threshold of £33,400.
What this occupation actually pays
ONS Annual Survey of Hours and Earnings, full-time gross annual pay.
- UK pay for this occupation
- Going rate£36,500
- General threshold£41,700
View these figures as a table
| Percentile | Pay |
|---|---|
| 10th | £26,990 |
| 25th | £32,604 |
| 50th | £41,610 |
| Going rate | £36,500 |
| General threshold | £41,700 |
| Region | 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|---|
| UK 2025 | £26,990 | £32,604 | £41,610 | — | — |
| North West 2025 | — | — | £33,426 | — | — |
| Wales 2025 | — | — | £27,575 | — | — |
Job titles in this code
What the work involves
Insurance underwriters identify and measure the risks associated with an activity, determine whether this risk is insurable and issue insurance policies which provide financial compensation in the event of loss.
Typical tasks
receives and assesses proposals and propositions for insurance from brokers and clients
identifies and evaluates the risks associated with a proposal
liaises with insurance surveyors, actuaries and risk managers where the risks associated with a proposal are not clear
calculates premiums, provides quotations and, if acceptable to the client, issues policies
ensures that the insurance policy clearly defines the liabilities accepted and any exceptions or exclusions
negotiates terms of reinsurance contracts
Entry routes and qualifications
There are no formal academic requirements, although many employers expect entrants to study for and attain the associateship examinations of the Chartered Insurance Institute. Entrants to professional examinations usually require GCSEs/S grades and A levels/H grades, or a BTEC/SQA award.