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How much does a Property Casualty Underwriting Manager make?

As of March 01, 2025, the average annual salary for a Property Casualty Underwriting Manager in the United States is $136,233. According to Salary.com, salaries can range from a low of $108,787 to a high of $160,832, with most professionals earning between $121,867 and $149,109.

Property Casualty Underwriting Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $149,109 $12,426 $2,867 $72
Average $136,233 $11,353 $2,620 $65
25th Percentile $121,867 $10,156 $2,344 $59

Average Salary

25% $121,867 10% $108,787 90% $160,832 75% $149,109 $136,233 50%(Median) Didn’t find job title? Click
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How much does a Property Casualty Underwriting Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Property Casualty Underwriting Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Property Casualty Underwriting Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Property Casualty Underwriting Manager's Salary?

An entry-level Property Casualty Underwriting Manager with less than 1 year of experience earns about $129,242. With 1-2 years of experience, the average salary increases to $129,877. For 2-4 years of experience, the pay typically rises to $131,359. Senior-level professionals with 5-8 years of experience earn around $133,053, and those with over 8 years of experience can expect an average of $135,863.

Levels Salary
Entry Level Property Casualty Underwriting Manager $129,242
Intermediate Level Property Casualty Underwriting Manager $129,877
Senior Level Property Casualty Underwriting Manager $131,359
Specialist Level Property Casualty Underwriting Manager $133,053
Expert Level Property Casualty Underwriting Manager $135,863
$129,242 0 yr
$129,877 < 2 yrs
$131,359 2-4 yrs
$133,053 5-8 yrs
$135,863 > 8 yrs
Last Updated on March 01, 2025
Entry Level 5%
Mid Level 5%
Senior Level 4%
Top Level 2%
Experienced 0%
View as graph
Last Updated on March 01, 2025

How much does salary of Property Casualty Underwriting Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Property Casualty Underwriting Manager is $170,291.
  • In New York, NY, the average annual salary is $159,120.
  • In Boston, MA, a Property Casualty Underwriting Manager earns $152,717 per year.

What is the salary trend of Property Casualty Underwriting Manager?

As of March 01, 2025, our research reveals a significant shift in Property Casualty Underwriting Manager compensation over the past six years. For example, the median salary increased from $119,242 in 2023 to approximately $118,085 in 2024. (For a detailed analysis of Property Casualty Underwriting Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Property Casualty Underwriting Manager Over Time

2020
$???
2021
$???
2022
$???
$119,242
2023
$118,085
2024
$116,486
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$119,242
2024
$118,085
2025
$116,486
2026
$???
Last Updated on March 01, 2025

Property Casualty Underwriting Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $119,242
2024 $118,085
2025 $116,486
2026 View More
Last Updated on March 01, 2025

Job Openings of Property Casualty Underwriting Manager

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

Most Common Benefits for Property Casualty Underwriting Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 66.8%
Bonuses 7.3%
Social Security 5.7%
401k/403b 3.5%
Disability 0.6%
Healthcare 3.0%
Pension 4.1%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $136,233 66.8%
Bonus $14,823 7.3%
Value of Benefits
Core Compensation Median % of Total
Social Security $11,556 5.7%
401K/403B $7,100 3.5%
Disability $1,208 0.6%
Healthcare $6,056 3.0%
Pension $8,308 4.1%
Time Off $18,592 9.1%
Total Compensation $203,875 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Property Casualty Underwriting Manager with different levels of education?

Salaries for Property Casualty Underwriting Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Property Casualty Underwriting Manager with a Bachelor's Degree is $128,818 - $136,433. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Property Casualty Underwriting Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Property Casualty Underwriting Manager
Degree Level % of user with this level of education
High School 21.4%
Associates 7.1%
Bachelors 57.1%
Masters 14.3%
Typical Education for Property Casualty Underwriting Manager
High School 21.4%
Associates 7.1%
Bachelors 57.1%
Masters 14.3%
view as table

Property Casualty Underwriting Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Property Casualty Underwriting Manager

1. What is the average salary of a Property Casualty Underwriting Manager?

The average annual salary of Property Casualty Underwriting Manager is $136,233. In case you are finding an easy salary calculator, the average hourly pay of Property Casualty Underwriting Manager is $65; the average weekly pay of Property Casualty Underwriting Manager is $2,620; the average monthly pay of Property Casualty Underwriting Manager is $11,353.

2. Where can a Property Casualty Underwriting Manager earn the most?

A Property Casualty Underwriting Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Property Casualty Underwriting Manager earns the most in San Jose, CA, where the annual salary of a Property Casualty Underwriting Manager is $170,972.

3. What is the highest pay for Property Casualty Underwriting Manager?

The highest pay for Property Casualty Underwriting Manager is $160,832.

4. What is the lowest pay for Property Casualty Underwriting Manager?

The lowest pay for Property Casualty Underwriting Manager is $108,787.

5. What are the responsibilities of Property Casualty Underwriting Manager?

Property Casualty Underwriting Manager manages and oversees the property/casualty insurance underwriting program for individuals and/or groups, such as accident insurance, crime insurance, loss of property insurance etc. Implements guidelines and procedures regarding risk exposure, application renewal, acceptance, modification, and denial. Leads and trains the underwriters to ensure integrity of property and casualty underwriting activities and processes. Being a Property Casualty Underwriting Manager experienced in risk management and complex applications. Provides consultative support for large accounts. Additionally, Property Casualty Underwriting Manager requires a bachelor's degree. Typically requires certification as a Chartered Property Casualty Underwriter (CPCU). Typically reports to a head of a unit/department. The Property Casualty 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 a Property Casualty 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.

About Our Data

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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The average salary for a Property Casualty Underwriting Manager is $136,233 per year in the United States, updated at March 01, 2025.
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