As of July 01, 2026, the average salary for an Underwriter IV in California is $119,435 per year, which breaks down to an hourly rate of $57.
However, an Underwriter IV's salary can vary significantly. Here’s a look at the typical salary range:
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Underwriter IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $130,835 | $10,903 | $2,516 | $63 |
| Average | $119,435 | $9,953 | $2,297 | $57 |
| 25th Percentile | $109,904 | $9,159 | $2,114 | $53 |
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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 | $78,648 |
| Underwriter III | 4-7 years | $102,241 |
| Underwriter IV | 7+ years | $119,435 |
| Underwriter V | 7-10 years | $147,177 |
| Underwriting Supervisor | 10+ years | $115,239 |
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:
Underwriter IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $129,356. While startup companies pay approximate $109,539.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $109,539 |
| Growth Stage | 51~500 | $115,826 |
| Established | 501~5000 | $124,955 |
| Enterprise | 5000+ | $129,356 |
For Underwriter IV roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 40% 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 IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $167,209 | $80.0 | 40% |
| Financial Services | $155,266 | $75.0 | 30% |
| Healthcare | $131,379 | $63.0 | 10% |
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 | $130,835 | $10,903 | $2,516 | $63 |
| Average | $119,435 | $9,953 | $2,297 | $57 |
| 25th Percentile | $109,904 | $9,159 | $2,114 | $53 |
Promotions are the fastest way to increase your earnings. As an Underwriter IV, 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 |
|---|---|---|
| Underwriting Supervisor - Life | $129,325 | 8% |
| Underwriting Manager - Complex Medical | $145,210 | 22% |
| Underwriting Supervisor - P&C | $127,115 | 6% |
| Underwriter V | $147,177 | 23% |
Ready to take the next step in your career? Browse thousands of current Underwriter IV job openings on our job board. Use the search bar below to find your perfect match.
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