As of March 01, 2025, the average annual salary for an Underwriter I in Iowa is $59,998. According to Salary.com, salaries can range from a low of $47,743 to a high of $75,452, with most professionals earning between $53,583 and $68,087.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,147 | $5,929 | $1,368 | $34 |
| Average | $62,694 | $5,224 | $1,206 | $30 |
| 25th Percentile | $55,991 | $4,666 | $1,077 | $27 |
An entry-level Underwriter I with under 1 year experience makes about $58,800. With less than 2 years of experience, a mid-level Underwriter I makes around $59,272. After 2-4 years, the Underwriter I pay rises to about $60,704. Those senior Underwriter I with 5-8 years of experience earn roughly $61,658, and those Underwriter I having 8 years or more experience are expected to earn about $61,896 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter I | $58,800 |
| Intermediate Level Underwriter I | $59,272 |
| Senior Level Underwriter I | $60,704 |
| Specialist Level Underwriter I | $61,658 |
| Expert Level Underwriter I | $61,896 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 1% |
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Underwriter I salary varies from city to city. Compared with national average salary of Underwriter I, the highest Underwriter I salary is in San Francisco, CA, where the Underwriter I salary is 25.0% above. The lowest Underwriter I salary is in Miami, FL, where the Underwriter I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $78,367 |
25.0%
|
| Washington, DC | $69,778 |
11.3%
|
| Miami, FL | $60,500 |
|
| Chicago, IL | $65,766 |
4.9%
|
| Boston, MA | $70,280 |
12.1%
|
| New York, NY | $73,226 |
16.8%
|
