As of March 01, 2025, the average annual salary for a Loan Underwriting Supervisor in Indianapolis, IN is $102,104. Salary.com reports that pay typically ranges from $84,204 to $113,458, with most professionals earning between $67,907 and $123,796.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,606 | $9,717 | $2,242 | $56 |
| Average | $104,937 | $8,745 | $2,018 | $50 |
| 25th Percentile | $86,541 | $7,212 | $1,664 | $42 |
An entry-level Loan Underwriting Supervisor with under 1 year experience makes about $94,204. With less than 2 years of experience, a mid-level Loan Underwriting Supervisor makes around $94,996. After 2-4 years, the Loan Underwriting Supervisor pay rises to about $97,633. Those senior Loan Underwriting Supervisor with 5-8 years of experience earn roughly $100,799, and those Loan Underwriting Supervisor having 8 years or more experience are expected to earn about $103,643 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Supervisor | $94,204 |
| Intermediate Level Loan Underwriting Supervisor | $94,996 |
| Senior Level Loan Underwriting Supervisor | $97,633 |
| Specialist Level Loan Underwriting Supervisor | $100,799 |
| Expert Level Loan Underwriting Supervisor | $103,643 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 7% |
| Top Level | 4% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
| Skill | Salary | Demand |
|---|---|---|
|
Process Improvement
|
$154,176 |
51%
|
|
Communicates Effectively
|
$115,377 |
13%
|
|
Attention to Detail
|
$111,293 |
9%
|
|
Accounts Receivable
|
$111,293 |
9%
|
|
Logistics
|
$110,272 |
8%
|
|
Communication Skills
|
$110,272 |
8%
|
