How much does an Underwriter (P/C) I make in Minnetonka, MN?
As of March 01, 2025, the average annual salary for an Underwriter (P/C) I in Minnetonka, MN is $64,218. According to Salary.com, salaries can range from a low of $50,536 to a high of $78,287, with most professionals earning between $57,056 and $71,582.
How much does an Underwriter (P/C) I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Underwriter (P/C) I salary data based on specialized databases to help you get a fairer salary.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$67,467 |
$5,622 |
$1,297 |
$32 |
Average |
$60,526 |
$5,044 |
$1,164 |
$29 |
25th Percentile |
$53,776 |
$4,481 |
$1,034 |
$26 |
Last Updated on March 01, 2025
How Does Experience Level Affect an Underwriter (P/C) I's Salary?
An entry-level Underwriter (P/C) I with under 1 year experience makes about $63,684.
With less than 2 years of experience, a mid-level Underwriter (P/C) I makes around $64,218.
After 2-4 years, the Underwriter (P/C) I pay rises to about $65,537.
Those senior Underwriter (P/C) I with 5-8 years of experience earn roughly $66,416, and those Underwriter (P/C) I having 8 years or more experience are expected to earn about $66,636 on average.
Levels |
Salary |
Entry Level Underwriter (P/C) I
|
$63,684
|
Intermediate Level Underwriter (P/C) I
|
$64,218
|
Senior Level Underwriter (P/C) I
|
$65,537
|
Specialist Level Underwriter (P/C) I
|
$66,416
|
Expert Level Underwriter (P/C) I
|
$66,636
|
$63,684
0 yr
$64,218
< 2 yrs
$65,537
2-4 yrs
$66,416
5-8 yrs
$66,636
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
5%
|
Mid Level
|
6%
|
Senior Level
|
8%
|
Top Level
|
10%
|
Experienced
|
10%
|
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Last Updated on March 01, 2025