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Underwriter II Salary in Ardmore, TN

How much does an Underwriter II make in Ardmore, TN?

As of August 01, 2026, the average salary for an Underwriter II in Ardmore, TN is $67,004 per year, which breaks down to an hourly rate of $32.

However, an Underwriter II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $74,943
  • Majority Range (25th-75th percentile): $61,285 to $71,160
  • Entry-Level (10th percentile): $56,078
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Underwriter II Salaries

An Underwriter II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects Underwriter II Salaries?

Experience is a primary driver of an Underwriter II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Underwriter I (0-2 years): $56,868
  • Underwriter II (2-4 years): $67,004
  • Underwriter III (4-7 years): $87,105
  • Underwriter IV (7+ years): $101,752
  • Underwriter V (7-10 years): $125,385
Job Role Years of Experience Average Salary
Underwriter I0-2 years$56,868
Underwriter II2-4 years$67,004
Underwriter III4-7 years$87,105
Underwriter IV7+ years$101,752
Underwriter V7-10 years$125,385
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Top Paying Cities for Underwriter II

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $89,934
  • San Francisco: $88,950
  • Oakland: $87,075

What Skills Can Increase an Underwriter II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 7.62% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Accounting (Mentioned in 1.27% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
  • Cash Flow Analysis (Mentioned in 0.95% Job Postings): Cash flow analysis is an integral part of financial reporting. Regular monitoring and analysis of cash flow can ensure that businesses are operating in the most fiscally prudent way, and can plan growth and expansion more strategically.
Skills Demand Percentage
Analysis 7.62%
Accounting 1.27%
Cash Flow Analysis 0.95%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Underwriter II's salary.

  • Credit Administration: Can increase your salary by up to 13%.
  • Bank Secrecy Act: Can increase your salary by up to 10%.
  • Collective Bargaining: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Credit Administration $75,715
13%
Bank Secrecy Act $73,705
10%
Collective Bargaining $73,705
10%
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Underwriter II Salary by Company Size: Startups vs. Enterprise

Underwriter II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $72,496. While startup companies pay approximate $61,428.

Underwriter II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $61,428
Growth Stage 51~500 $64,946
Established 501~5000 $70,028
Enterprise 5000+ $72,496

Underwriter II Salary by Industry: Top Paying Sectors

For Underwriter II roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Underwriter II as a support function rather than a direct revenue driver.

The top paying industries for an Underwriter II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$92,694$45.030%
Financial Services$85,564$41.020%
Healthcare$78,433$38.010%

Underwriter II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$61,285
Average $67,004/year
$71,160
$5,107
Average $5,584/month
$5,930
$1,179
Average $1,289/week
$1,368
$29
Average $32/hour
$34
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $71,160 $5,930 $1,368 $34
Average $67,004 $5,584 $1,289 $32
25th Percentile $61,285 $5,107 $1,179 $29

Underwriter II Salary Growth & Career Path

Underwriter II

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Advancement

Promotions are the fastest way to increase your earnings. As an Underwriter II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Health Underwriting Senior Cost Analyst $95,463 42%
Underwriter III - Life $87,108 30%
Senior Underwriter - Complex Medical $87,108 30%
Underwriter III - P&C $87,105 30%

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Cost of Living In Ardmore, TN

Cost of Living in Ardmore, TN is
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than the National Average

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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