As of May 01, 2025, the average annual salary for a Chief Underwriting Officer in Minnesota is $323,574. Salary.com reports that pay typically ranges from $287,631 to $356,610, with most professionals earning between $254,908 and $386,688.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $356,610 | $29,717 | $6,858 | $171 |
| Average | $323,574 | $26,964 | $6,223 | $156 |
| 25th Percentile | $287,631 | $23,969 | $5,531 | $138 |
An entry-level Chief Underwriting Officer with under 1 year experience makes about $301,579. With less than 2 years of experience, a mid-level Chief Underwriting Officer makes around $304,798. After 2-4 years, the Chief Underwriting Officer pay rises to about $309,089. Those senior Chief Underwriting Officer with 5-8 years of experience earn roughly $315,527, and those Chief Underwriting Officer having 8 years or more experience are expected to earn about $323,574 on average.
| Levels | Salary |
|---|---|
| Entry Level Chief Underwriting Officer | $301,579 |
| Intermediate Level Chief Underwriting Officer | $304,798 |
| Senior Level Chief Underwriting Officer | $309,089 |
| Specialist Level Chief Underwriting Officer | $315,527 |
| Expert Level Chief Underwriting Officer | $323,574 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 2% |
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Chief Underwriting Officer salary varies from city to city. Compared with national average salary of Chief Underwriting Officer, the highest Chief Underwriting Officer salary is in San Francisco, CA, where the Chief Underwriting Officer salary is 24.9% above. The lowest Chief Underwriting Officer salary is in Miami, FL, where the Chief Underwriting Officer salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $394,910 |
24.9%
|
| Washington, DC | $350,103 |
10.7%
|
| Miami, FL | $303,811 |
|
| Chicago, IL | $326,767 |
3.3%
|
| Boston, MA | $352,665 |
11.5%
|
| New York, NY | $366,451 |
15.9%
|
