What are the main factors that influence an Underwriter (P/C) III's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Underwriter (P/C) 's salary?

An Underwriter (P/C) 's salary grows with experience: an Underwriter (P/C) I (0-2 years)earns $61,289, an Underwriter (P/C) II (2-4 years)earns $72,212, an Underwriter (P/C) III (4-7 years)earns $93,870, an Underwriter (P/C) IV (7+ years)earns $109,676, a Property Casualty Underwriting Supervisor (7+ years)earns $116,672,

What are the highest paying states for an Underwriter (P/C) III?

Underwriter (P/C) III salary varies significantly by state. The top 3 highest paying states for Underwriter (P/C) III roles are District of Columbia $102,630, California $102,240, Massachusetts $100,878. These tech hubs typically pay 10-15% above the national average.

How much do different types of Underwriter (P/C) roles make?

Salaries for Underwriter (P/C) level roles vary by specialization: Mortgage Underwriter III: $94,944; Underwriter III Commercial: $94,032; Insurance Underwriter III: $92,700; Life Insurance Underwriter III: $92,700; Underwriter (Life) III: $92,696.

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Underwriter (P/C) III Salary in Delaware

How much does an Underwriter (P/C) III make in Delaware?

As of May 01, 2026, the average salary for an Underwriter (P/C) III in Delaware is $93,870 per year, which breaks down to an hourly rate of $45.

However, an Underwriter (P/C) III's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $106,127
Majority Range (25th-75th percentile): $85,373 to $100,286
Entry-Level (10th percentile): $77,636

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Underwriter (P/C) III Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$100,286	$8,357	$1,929	$48
Average	$93,870	$7,823	$1,805	$45
25th Percentile	$85,373	$7,114	$1,642	$41

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Underwriter (P/C) III Salaries

An Underwriter (P/C) III'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.

How Experience Level Affects Underwriter (P/C) Salaries?

Experience is a primary driver of an Underwriter (P/C) III'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 (P/C) I (0-2 years): $61,289
Underwriter (P/C) II (2-4 years): $72,212
Underwriter (P/C) III (4-7 years): $93,870
Underwriter (P/C) IV (7+ years): $109,676
Property Casualty Underwriting Supervisor (7+ years): $116,672

Job Role	Years of Experience	Average Salary
Underwriter (P/C) I	0-2 years	$61,289
Underwriter (P/C) II	2-4 years	$72,212
Underwriter (P/C) III	4-7 years	$93,870
Underwriter (P/C) IV	7+ years	$109,676
Property Casualty Underwriting Supervisor	7+ years	$116,672

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How Do Underwriter (P/C) III Salaries Vary from State to State?

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 (P/C) IIIs. For example, consider the average annual salaries in these key locations:

District of Columbia: $102,630.
California: $102,240.
Massachusetts: $100,878.

District of Columbia $102,630 California $102,240 Massachusetts $100,878 Washington $100,507 New Jersey $100,470 Alaska $100,340 Connecticut $99,061 New York $98,542

Hawaii $96,883 Rhode Island $96,104 Maryland $95,576 Minnesota $94,853 Colorado $94,575 Illinois $94,482 Oregon $94,130 Delaware $93,870

New Hampshire $93,707 Virginia $93,342 Pennsylvania $92,276 Nevada $91,738 North Dakota $91,562 Michigan $91,284 Wisconsin $91,182 Vermont $90,978

Texas $90,413 Maine $90,376 Arizona $90,320 Ohio $90,255 Georgia $89,402 Indiana $88,976 Wyoming $88,893 Utah $88,763

Iowa $88,707 Kansas $88,262 Louisiana $88,133 North Carolina $88,086 Missouri $88,068 Florida $87,706 Montana $87,511 Nebraska $87,326

Kentucky $87,224 South Carolina $86,853 Tennessee $86,622 Idaho $86,529 New Mexico $85,852 Oklahoma $85,704 Alabama $85,157 South Dakota $84,239

Arkansas $83,739 West Virginia $83,470 Mississippi $82,664

Top Paying Cities for Underwriter (P/C) IIIs

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:

Lincoln: $93,448
Little Creek: $94,132
Magnolia: $93,996

Lincoln, DE $93,448 Little Creek, DE $94,132 Magnolia, DE $93,996 Milford, DE $93,685 Marydel, DE $93,839 Millsboro, DE $93,055 Millville, DE $93,199 Milton, DE $93,360

Nassau, DE $93,428 Ocean View, DE $93,183 Rehoboth Beach, DE $93,362 Seaford, DE $93,415 Selbyville, DE $93,029 Smyrna, DE $94,196 Viola, DE $93,763 Woodside, DE $94,015

Bear, DE $93,798 Newark, DE $93,763 Claymont, DE $93,955 Delaware City, DE $93,856 Hockessin, DE $93,754 Kirkwood, DE $93,839 Middletown, DE $93,875 Montchanin, DE $93,776

New Castle, DE $93,790 Odessa, DE $93,921 Port Penn, DE $93,984 Rockland, DE $93,785 Saint Georges, DE $93,845 Townsend, DE $93,990 Winterthur, DE $93,796 Lewes, DE $93,397

Wilmington, DE $93,759 Dover, DE $94,132 Dover Afb, DE $93,636 Bethany Beach, DE $93,085 Bethel, DE $93,181 Bridgeville, DE $93,401 Camden Wyoming, DE $93,866 Cheswold, DE $94,101

Clayton, DE $94,104 Dagsboro, DE $93,020 Delmar, DE $92,871 Ellendale, DE $93,153 Felton, DE $93,677 Fenwick Island, DE $93,041 Frankford, DE $92,878 Frederica, DE $93,770

Georgetown, DE $92,985 Greenwood, DE $93,416 Harbeson, DE $93,084 Harrington, DE $93,559 Hartly, DE $93,850 Houston, DE $93,425 Kenton, DE $94,108 Laurel, DE $92,929

Yorklyn, DE $93,782

Underwriter (P/C) III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter (P/C) III'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 May 01, 2026

$85,373

Average $93,870/year

$100,286

$7,114

Average $7,823/month

$8,357

$1,642

Average $1,805/week

$1,929

$41

Average $45/hour

$48

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$100,286	$8,357	$1,929	$48
Average	$93,870	$7,823	$1,805	$45
25th Percentile	$85,373	$7,114	$1,642	$41

Underwriter (P/C) III Salary Growth & Career Path

Underwriter (P/C) III

Health Underwriting Manager

Life Underwriting Supervisor

Underwriter (P/C) IV

Underwriter IV

Health Underwriting Director

Life Underwriting Director

Property Casualty Underwriting Director

Chief Underwriting Officer

Promotions are the fastest way to increase your earnings. As an Underwriter (P/C) III, 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.

Underwriter (P/C) III Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Health Underwriting Manager	$133,297	42%
Life Underwriting Supervisor	$118,692	26%
Underwriter (P/C) IV	$109,676	17%
Underwriter IV	$109,661	17%

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