As of March 01, 2026, the average hourly rate for an Underwriter IV in the United States is $52, which translates to an annual salary of about $108,290.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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Underwriter IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,620 | $9,885 | $2,281 | $57 |
| Average | $108,290 | $9,024 | $2,083 | $52 |
| 25th Percentile | $99,652 | $8,304 | $1,916 | $48 |
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An Underwriter IV'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 and company size can directly affect your earning potential.
Experience is a primary driver of an Underwriter IV'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Underwriter II | 2-4 years | $71,308 |
| Underwriter III | 4-7 years | $92,692 |
| Underwriter IV | 7+ years | $108,290 |
| Underwriter V | 7-10 years | $133,449 |
| Underwriting Supervisor | 10+ years | $104,450 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriter IVs. For example, consider the average annual salaries in these key locations:
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:
Understanding how an Underwriter IV'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $118,620 | $9,885 | $2,281 | $57 |
| Average | $108,290 | $9,024 | $2,083 | $52 |
| 25th Percentile | $99,652 | $8,304 | $1,916 | $48 |
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Compensation PlanningHere are companies hiring for Underwriter IV and their salaries, click below for more details.
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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. Calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. 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. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
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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