As of December 01, 2024, the average annual pay of Insurance Underwriter IV in Detroit, MI is $115,700. While Salary.com is seeing that Insurance Underwriter IV salary in Detroit, MI can go up to $150,852 or down to $85,706, but most earn between $100,000 and $134,100. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter IV in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $134,100 | $11,175 | $2,579 | $64 |
| Average | $115,700 | $9,642 | $2,225 | $56 |
| 25th Percentile | $100,000 | $8,333 | $1,923 | $48 |
An entry-level Insurance Underwriter IV with under 1 year experience makes about $108,118. With less than 2 years of experience, a mid-level Insurance Underwriter IV makes around $109,284. After 2-4 years, the Insurance Underwriter IV pay rises to about $111,149. Those senior Insurance Underwriter IV with 5-8 years of experience earn roughly $113,481, and those Insurance Underwriter IV having 8 years or more experience are expected to earn about $117,837 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter IV | $108,118 |
| Intermediate Level Insurance Underwriter IV | $109,284 |
| Senior Level Insurance Underwriter IV | $111,149 |
| Specialist Level Insurance Underwriter IV | $113,481 |
| Expert Level Insurance Underwriter IV | $117,837 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 2% |
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