As of April 01, 2025, the average annual salary for an Underwriter (P/C) IV in Minneapolis, MN is $112,159. According to Salary.com, salaries can range from a low of $100,056 to a high of $131,620, with most professionals earning between $105,824 and $122,345.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,898 | $9,742 | $2,248 | $56 |
| Average | $107,165 | $8,930 | $2,061 | $52 |
| 25th Percentile | $101,112 | $8,426 | $1,944 | $49 |
An entry-level Underwriter (P/C) IV with under 1 year experience makes about $109,322. With less than 2 years of experience, a mid-level Underwriter (P/C) IV makes around $109,795. After 2-4 years, the Underwriter (P/C) IV pay rises to about $110,551. Those senior Underwriter (P/C) IV with 5-8 years of experience earn roughly $111,497, and those Underwriter (P/C) IV having 8 years or more experience are expected to earn about $113,679 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter (P/C) IV | $109,322 |
| Intermediate Level Underwriter (P/C) IV | $109,795 |
| Senior Level Underwriter (P/C) IV | $110,551 |
| Specialist Level Underwriter (P/C) IV | $111,497 |
| Expert Level Underwriter (P/C) IV | $113,679 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 6% |
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