DE Underwriter Salary at Us Bancorp BETA

How much does an Us Bancorp DE Underwriter make?

As of April 2025, the average annual salary for a DE Underwriter at Us Bancorp is $89,529, which translates to approximately $43 per hour. Salaries for DE Underwriter at Us Bancorp typically range from $80,677 to $101,740, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

US Bancorp Overview

Website:
usbank.com
Size:
>50,000 Employees
Revenue:
$10B - $50B
Industry:
Financial Services

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. The company serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,106 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,842 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis.

See similar companies related to Us Bancorp

What Skills Does a person Need at Us Bancorp?

At Us Bancorp, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  5. Communicates Effectively: Effective communication is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose.

Related Jobs

Burns & Wilcox
Minneapolis , MN

When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to grow their career in the specialty insurance industry. We are looking for candidates with an entrepreneurial spirit, drive for career advancement and desire to develop relationships to join our team as an Associate Underwriter. Our Associate Underwriters underwrite and supervise a portion of an Underwriter’s book of business, support renewal and new business development, and have the opportunity to achieve full underwriting authority. Responsibilities Service a book of business under the direct supervision of an underwriter Evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing to prepare quotes Log applications, prepare binders, and process policies and endorsements Bind risk, post the invoice, and process technical data Screen renewal applications and send out renew


Sponsored
4/26/2025 12:00:00 AM
Berkley
Minneapolis , MN

Company Details: Berkley Aspire is an excess & surplus lines insurer of commercial risks unable to find a home in the standard markets. We are an operating unit of WR Berkley, a publicly traded (NYSE WRB) global insurer founded in 1967. We make excess & surplus lines easy easy for our distribution partners, easy for the businesses they represent, and easy to navigate. The lines of coverage we underwrite include general liability, property, and excess liability. Our model is different than our competitors we do the premium billing and do not add interest/ finance percentage, we offer enhanced commissions, and we handle the stamping, affidavit filings, and other behind-the-scenes paperwork. Our company culture is entrepreneurial, employee centric, and focused on sustainable growth. Aspire teammates work either remotely or on a hybrid schedule from offices in Scottsdale, Cincinnati, and Richmond. If you are looking for a company that offers room for advancement, great benefits, and positi


Sponsored
4/26/2025 12:00:00 AM
NFP
Eden Prairie , MN

Who We Are: NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com. This position will support Diversified Brokerage Services, a subsidiary of NFP. Diversified Brokerage Services (DBS) is one of the largest brokerage general agencies in the United States specializing in life insurance, and we're proud of our roots, starting as a family run business in 1968 and growing to where we are today. With over 50 years in the insurance industry, we've honed in on our strengths and perfected our processes, resulting in the best possible experience for the advisors we serve. We invite you to learn m


Sponsored
4/25/2025 12:00:00 AM
QBE Insurance Group Limited
Minneapolis , MN

Primary Details Time Type: Full time Worker Type: Employee The Opportunity: The purpose of this role is to underwrite new business and renewals within specified guidelines and authority levels, supporting the development of a profitable Stop Loss portfolio under the Accident & Health insurance class. This involves implementing underwriting strategies, building relationships, and making sound decisions to drive business growth and profitability within assigned territories. The role plays a critical part in achieving overall profitability and success in the Accident & Health underwriting business. Location: Chicago, IL, Edina, MN, Marblehead, MA, Plano, TX, Sun Prairie, WI Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week The salary range for this role is between $99,000 - $164,000 Your New Role Perform underwriting responsibilities including quote preparation, review of amendments, and plan exceptions to achieve department results. E


Sponsored
4/25/2025 12:00:00 AM
Westfield
Minneapolis , MN

Job Description Job Summary The Surety Senior Account Underwriter is responsible for marketing, underwriting, processing and servicing surety business as assigned or within a defined territory. They develop and underwrite profitable surety business by visiting assigned agencies or services offices and serve as subject matter expert, working with other bond personnel on selected contract accounts, including various financial and workload analysis. The role serves as underwriting contact for agency personnel by responding to agent inquiries, assisting in the development and delivery of agency training, monitoring compliance objectives, and supporting decision making on acceptance or decline of bonds within established authority. Salary Range: $105,708-126,850 Benefits, where eligible: 401(k) with employer contribution Pension plan Medical, dental & vision Wellness & mental health programs Health care flexible spending accounts, health savings accounts, & life insurance Paid time off, inc


Sponsored
4/24/2025 12:00:00 AM
USG Insurance Services, Inc.
Minneapolis , MN

Production Assistant Hours: 8:30-5:00 Local Time Location: Remote or hybrid, depending on your area Compensation: Based on Experience Offices: At USG, we empower our team members with the flexibility to opt for remote, hybrid, or fully in-office schedules. Presently, we operate nine physical branch locations across the United States: California: Irvine Florida: Tampa Idaho: Sandpoint Illinois: Chicago Louisiana: Covington Minnesota: Shoreview Pennsylvania: Canonsburg Texas: Arlington and Houston Who We Are: Welcome to USG, a distinguished national wholesale broker and managing general agent (MGA) with a prominent presence across the nation. Our extensive network spans over 400 different markets and we proudly write business in all 50 states. USG has consistently earned recognition for our excellence, being ranked as a 5-star MGA by Insurance Business of America for four consecutive years. Moreover, we take pride in our continuous acknowledgment as a Top Insurance Workplace over the pas


Sponsored
4/24/2025 12:00:00 AM
Gallagher
Minneapolis , MN

Introduction: At Risk Placement Services, we're more than just a team we thrive on collaboration, creativity, and tackling challenges head-on. Our culture fosters an environment where every idea counts, and every individual's contribution matters. Step into a world of excitement and innovation as we work with top-rated carriers to design robust coverage for our clients. Unleash your potential and join our spirited team, where you'll have the freedom to explore and the support to grow. We believe that every candidate brings something special to the table, including you! So, even if you feel that youre close but not an exact match, we encourage you to apply. How you'll make an impact: The primary focus is to manage a production team in the underwriting, management, and selling of products offered by binding and brokerage carriers with emphasis on writing new business. This individual will have production goals assigned and is measured on new business goal attainment. Manages a team of sa


Sponsored
4/24/2025 12:00:00 AM
Tokio Marine HCC
Minnetonka , MN

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide ... big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that ri


Sponsored
4/23/2025 12:00:00 AM

Check more jobs information at Us Bancorp

Job Title Average Us Bancorp Salary Hourly Rate
2 Underwriting Specialist $116,492 $56
3 Unit Program Coordinator $56,457 $27
4 United State Air Force $231,793 $111
5 Universal Banker I $188,242 $91
6 Used Car Manager $161,302 $78
7 User Experience Lead $176,353 $85
8 Utilities Analyst $67,182 $32
9 UX Architect $181,670 $87
10 UX Designer $107,603 $52
11 Validation Analyst $84,387 $41
12 Vendors Operations Specialist $88,224 $42
13 Vice President, Business Strategy $299,692 $144

Hourly Pay at Us Bancorp

The average hourly pay at Us Bancorp for a DE Underwriter is $43 per hour. The location, department, and job description all have an impact on the typical compensation for Us Bancorp positions. The pay range and total remuneration for the job title are shown in the table below. Us Bancorp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $89,529 look to you?

FAQ about Salary and Jobs at Us Bancorp

1. How much does Us Bancorp pay per hour?
The average hourly pay is $43. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Us Bancorp?
According to the data, the highest approximate salary is about $101,740 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Us Bancorp?
According to the data, the lowest estimated salary is about $80,677 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.