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Property Casualty Insurance Underwriting Manager Salary in the United States

How much does a Property Casualty Insurance Underwriting Manager make in the United States?

As of March 01, 2026, the average salary for a Property Casualty Insurance Underwriting Manager in the United States is $127,500 per year, which breaks down to an hourly rate of $61.

However, a Property Casualty Insurance Underwriting Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $144,866
  • Majority Range (25th-75th percentile): $119,240 to $136,590
  • Entry-Level (10th percentile): $111,720
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View as table View as graph 25% $119,240 10% $111,720 90% $144,866 75% $136,590 $127,500 50%(Median) Didn’t find job title? Click

Property Casualty Insurance Underwriting Manager Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $136,590 $11,383 $2,627 $66
Average $127,500 $10,625 $2,452 $61
25th Percentile $119,240 $9,937 $2,293 $57
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Key Factors That Influence Property Casualty Insurance Underwriting Manager Salaries

A Property Casualty Insurance Underwriting Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Property Casualty Insurance Underwriting Manager Salaries?

Experience is a primary driver of a Property Casualty Insurance Underwriting Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Property Casualty Insurance Underwriter IV (7+ years): $108,305
  • P/C Underwriting Supervisor (7+ years): $115,175
  • Property Casualty Insurance Underwriting Manager (7+ years): $127,493
  • P/C Underwriting Director (7+ years): $222,410
  • Vice President of Property Casualty Underwriting (7+ years): $262,727
Job Role Years of Experience Average Salary
Property Casualty Insurance Underwriter IV7+ years$108,305
P/C Underwriting Supervisor7+ years$115,175
Property Casualty Insurance Underwriting Manager7+ years$127,493
P/C Underwriting Director7+ years$222,410
Vice President of Property Casualty Underwriting7+ years$262,727
$108,305 Property ...
$115,175 P/C Under...
$127,493 Property ...
$222,410 P/C Under...
$262,727 Vice Pres...
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How Do Property Casualty Insurance Underwriting Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Property Casualty Insurance Underwriting Managers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $141,170.
  • California: $140,630.
  • Massachusetts: $138,760.

Top Paying Cities for Property Casualty Insurance Underwriting Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $160,810
  • San Francisco: $159,230
  • Oakland: $155,700

How Education impacts a Property Casualty Insurance Underwriting Manager's Salary?

Your level of education can impact your salary potential. While many Property Casualty Insurance Underwriting Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Property Casualty Insurance Underwriting Manager with a Bachelor's Degree is between $128,174 and $135,750).

Property Casualty Insurance Underwriting Manager Salaries by Degree Level

Typical Education for Property Casualty Insurance Underwriting Manager
Degree Level % of user with this level of education
No Diploma 21.4%
High School 21.4%
Associates 7.1%
Bachelors 57.1%
Masters 14.3%
Doctorate 0.0%
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Property Casualty Insurance Underwriting Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Property Casualty Insurance Underwriting Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on March 01, 2026

Property Casualty Insurance Underwriting Manager Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Property Casualty Insurance Underwriting Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Property Casualty Insurance Underwriting Manager Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Health Insurance Underwriting Director $163,400 28%
Life Insurance Underwriting Director $163,400 28%
P/C Underwriting Director $222,500 75%
Underwriting Operations Senior Manager $163,100 28%

Salary Trends for Property Casualty Insurance Underwriting Manager

Salaries for a Property Casualty Insurance Underwriting Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $119,242 in 2023 to around $116,486 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Property Casualty Insurance Underwriting Manager salary trends, .

Average Annual Salary of Property Casualty Insurance Underwriting Manager Over Time

2022
$???
2023
$119,242
2024
$118,085
2025
$116,486
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $119,242
2024 $118,085
2025 $116,486
2026
View More
2027
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Most common benefits for Property Casualty Insurance Underwriting Manager

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Property Casualty Insurance Underwriting Manager

Here are companies hiring for Property Casualty Insurance Underwriting Manager and their salaries, click below for more details.

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Ready to take the next step in your career? Browse thousands of current Property Casualty Insurance Underwriting Manager job openings on our job board. Use the search bar below to find your perfect match.

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FAQ about Property Casualty Insurance Underwriting Manager

1. How do I become an underwriting manager?

To become an underwriting manager, obtain a bachelor's degree in business or finance and pursue advanced insurance designations like CIC, AAI, CPCU, or CISR. Gain 2+ years of experience handling large accounts ($100k and up) and demonstrate leadership skills in managing mixed in-office and remote teams. The salary range for this role is between $121,260 and $148,370, with a midpoint of $135,560.

2. What is the highest paid underwriter?

The highest paid underwriter roles include Chief Underwriter, with salaries ranging from $132,500 to $257,000 annually, and Underwriting Director, earning between $100,000 and $168,500. For Property Casualty Insurance Underwriting Managers, salaries range from $121,260 to $148,370, reflecting the competitive nature of the industry.

3. Can underwriters make a lot of money?

Underwriters can earn a competitive salary, especially in property casualty insurance. For an Underwriting Manager, salaries range from $121,260 to $148,370, with a median salary of $135,560. This reflects the higher earning potential in this specialized field compared to general underwriters, making it a lucrative career choice.

4. How much do underwriting managers make in London?

Underwriting managers in London typically earn between £121,260 and £148,370, with a median salary of £135,560. While some job listings may show salaries up to £125,000, these figures are below the average for this role, indicating that many positions offer compensation that exceeds the typical range.

5. How much does an underwriting supervisor make?

An Underwriting Supervisor typically earns between $121,260 and $148,370 annually, with a median salary of around $135,560. Salaries can vary based on location and experience, with some cities offering competitive pay. For instance, cities like San Francisco and Santa Clara report salaries close to the minimum range.

6. How much do Blue Cross Blue Shield underwriters make?

As of January 2025, the average annual salary for a Property Casualty Insurance Underwriting Manager is approximately $135,560. Salaries typically range from $121,260 to $148,370, reflecting the various responsibilities and experience levels within the role.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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