How much does an Underwriter II make in the United States? The average Underwriter II salary in the United States is $69,591 as of February 27, 2023, but the range typically falls between $62,871 and $79,267. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Jobs with a similar salary range to Underwriter II : Federal Officer

Based on HR-reported data: a national average with a geographic differential
25% $62,871 10% $56,752 90% $88,077 75% $79,267 $69,591 50%(Median)
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Check out Underwriter jobs in Virginia

Closing Administrator

Capital Impact Partners - Arlington, VA

Account Engineer ( I, II, or Senior )

FM Global - Arlington Heights, VA

Licensed Loan Officer Assistant

EmpowerHome Team - Chantilly, VA

Mortgage Loan Broker

EmpowerHome Team - Chantilly, VA

Job Description for Underwriter II

Underwriter II reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter II calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter II may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Underwriter II typically requires 2-4 years of related experience. (Copyright 2023 Salary.com)... View full job description

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Job Openings for Underwriter II
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Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2021
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
62871
79267
69591

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
65263
84305
72957
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter II in the United States. The base salary for Underwriter II ranges from $62,871 to $79,267 with the average base salary of $69,591. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $65,263 to $84,305 with the average total cash compensation of $72,957.
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62871
79267

 

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Skills associated with Underwriter II: Risk Analysis, Loss Run Analysis, Underwriting, Policy Analysis ...More

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Salary estimation for Underwriter II at companies like : FS Bancorp, Inc., LTC PROPERTIES INC, SILVERCREST ASSET MGT

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