How much does an Underwriter II make in Milwaukee, WI? The average Underwriter II salary in Milwaukee, WI is $72,589 as of April 24, 2024, but the range typically falls between $64,993 and $83,770. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter II Salary $58,077 Milwaukee,WI April 24, 2024
25th Percentile Underwriter II Salary $64,993 Milwaukee,WI April 24, 2024
50th Percentile Underwriter II Salary $72,589 Milwaukee,WI April 24, 2024
75th Percentile Underwriter II Salary $83,770 Milwaukee,WI April 24, 2024
90th Percentile Underwriter II Salary $93,949 Milwaukee,WI April 24, 2024
25% $64,993 10% $58,077 90% $93,949 75% $83,770 $72,589 50%(Median) Didn’t find job title? Click
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Commercial Underwriter II

Society Insurance Company - Fond du Lac, WI

Commercial Underwriter II

Society Insurance Company - North Fond Du Lac, WI

Commercial Underwriter (Hybrid)

Great West Casualty Company - Meridian, ID

Commercial Underwriter (Hybrid)

Great West Casualty Company - Knoxville, TN

What skills does an Underwriter II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Analysis 7.04%
Tax Return 1.47%
Microsoft Office 0.88%
Others 90.61%

Job Description for Underwriter II

Underwriter II reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter II calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter II may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Underwriter II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter II in Milwaukee, WI
  • Job Information. Job Title. Commercial Underwriter II. Home Department. Commercial Underwriting. Employment Status. Exempt. Full-time. Schedule. 40 hours/w...
    - 3 Days Ago
  • Job Information Job Title Commercial Underwriter II Home Department: Commercial Underwriting Employment Status: Exempt. Full-time Schedule: 40 hours/week w...
    - 3 Days Ago
  • We are now hiring for a Commercial Underwriter, located in our Arlington, TX, Boise, ID or South Sioux City, NE offices. For this position, we need someone...
    - 18 Days Ago
  • We are now hiring for a Commercial Underwriter, which may be located in our Knoxville, TN or Bloomington, IN office. For this position, we need someone who...
    - 19 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago

Career Path for Underwriter II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriter II, the first career path typically starts with a Health Underwriter, Sr. position, and then Health Underwriting Manager.

The second career path typically starts with an Underwriter (Life) III position, and then progresses to Life Underwriting Supervisor.

The third career path typically starts with an Underwriter (P/C) III position, and then progresses to Underwriter (P/C) IV.

Additionally, the fourth career path typically starts with an Underwriter III position, and then progresses to Underwriter IV.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Underwriter II salary varies from city to city. Compared with national average salary of Underwriter II, the highest Underwriter II salary is in San Francisco, CA, where the Underwriter II salary is 25.0% above. The lowest Underwriter II salary is in Miami, FL, where the Underwriter II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Underwriter II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
64993
83770
72589

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
67531
89114
76117
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter II in Milwaukee, WI. The base salary for Underwriter II ranges from $64,993 to $83,770 with the average base salary of $72,589. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,531 to $89,114 with the average total cash compensation of $76,117.
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64993
83770

 

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About Milwaukee, Wisconsin    Milwaukee lies along the shores and bluffs of Lake Michigan at the confluence of three rivers: the Menomonee, the Kinnickinnic, and the Milwaukee. Sma....More

Milwaukee, Wisconsin  area prices were up 1.8% from a year ago    View the Cost of Living in Milwaukee, Wisconsin

Underwriter II Salary in popular cities: MadisonGreen BayKenosha

Skills associated with Underwriter II: Underwriting, Loss Run Analysis, Contract Review, Denial Administration ...More

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