How much does an Underwriting Manager make in South Carolina? The average Underwriting Manager salary in South Carolina is $123,875 as of February 26, 2024, but the range typically falls between $107,339 and $145,083. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Manager Salary $92,283 SC February 26, 2024
25th Percentile Underwriting Manager Salary $107,339 SC February 26, 2024
50th Percentile Underwriting Manager Salary $123,875 SC February 26, 2024
75th Percentile Underwriting Manager Salary $145,083 SC February 26, 2024
90th Percentile Underwriting Manager Salary $164,392 SC February 26, 2024
25% $107,339 10% $92,283 90% $164,392 75% $145,083 $123,875 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does an Underwriting Manager 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.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.

3.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

Leadership 4.36%
Mortgage Banking 1.31%
Wholesale 0.83%
Others 93.5%

Job Description for Underwriting Manager

Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Underwriting Manager.

Salary.com job board provides millions of Underwriting Manager information for you to search for. Click on search button below to see Underwriting Manager job openings or enter a new job title here.

Job Openings for Underwriting Manager in South Carolina

Select a city to view specific salary and bonus information for Underwriting Manager

Loading results...
Location Avg. Salary Date Updated
Location Goose Creek, SC Avg. Salary $124,417 Date Updated February 26, 2024
Location Abbeville, SC Avg. Salary $123,061 Date Updated February 26, 2024
Location Adams Run, SC Avg. Salary $123,806 Date Updated February 26, 2024
Location Aiken, SC Avg. Salary $122,418 Date Updated February 26, 2024
Location Alcolu, SC Avg. Salary $117,327 Date Updated February 26, 2024
Location Allendale, SC Avg. Salary $121,867 Date Updated February 26, 2024
Location Anderson, SC Avg. Salary $123,008 Date Updated February 26, 2024
Location Andrews, SC Avg. Salary $119,148 Date Updated February 26, 2024
Location Arcadia, SC Avg. Salary $123,323 Date Updated February 26, 2024
Location Awendaw, SC Avg. Salary $123,682 Date Updated February 26, 2024

Career Path for Underwriting Manager

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 Underwriting Manager, the first career path typically progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Director position, and then progresses to Top Life Underwriting Executive.

The third career path typically starts with a Property Casualty Underwriting Director position, and then progresses to Top Property Casualty Underwriting Executive.

Additionally, the fourth career path typically starts with an Underwriting Senior Manager position, and then progresses to Underwriting Director.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Underwriting Manager

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Underwriting Manager Salary in South Carolina
Underwriting Manager Salary Graph, Regional Distribution and Summary