As of April 01, 2025, the average annual salary for an Underwriter I in Washington is $68,144. According to Salary.com, salaries can range from a low of $54,215 to a high of $85,705, with most professionals earning between $60,853 and $77,336.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,323 | $5,944 | $1,372 | $34 |
| Average | $62,846 | $5,237 | $1,209 | $30 |
| 25th Percentile | $56,122 | $4,677 | $1,079 | $27 |
An entry-level Underwriter I with under 1 year experience makes about $66,621. With less than 2 years of experience, a mid-level Underwriter I makes around $67,157. After 2-4 years, the Underwriter I pay rises to about $68,778. Those senior Underwriter I with 5-8 years of experience earn roughly $69,859, and those Underwriter I having 8 years or more experience are expected to earn about $70,130 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter I | $66,621 |
| Intermediate Level Underwriter I | $67,157 |
| Senior Level Underwriter I | $68,778 |
| Specialist Level Underwriter I | $69,859 |
| Expert Level Underwriter I | $70,130 |
| Entry Level | 6% |
| Mid Level | 7% |
| Senior Level | 9% |
| Top Level | 11% |
| Experienced | 12% |
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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 24.9% above. The lowest Underwriter I salary is in Miami, FL, where the Underwriter I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $78,489 |
24.9%
|
| Washington, DC | $69,584 |
10.7%
|
| Miami, FL | $60,383 |
|
| Chicago, IL | $64,945 |
3.3%
|
| Boston, MA | $70,093 |
11.5%
|
| New York, NY | $72,833 |
15.9%
|
