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Underwriter V Salary in Chestnut Ridge, PA

How much does an Underwriter V make in Chestnut Ridge, PA?

As of August 01, 2026, the average salary for an Underwriter V in Chestnut Ridge, PA is $126,834 per year, which breaks down to an hourly rate of $61.

However, an Underwriter V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $150,282
  • Majority Range (25th-75th percentile): $121,572 to $139,107
  • Entry-Level (10th percentile): $116,782
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Underwriter V Salaries

An Underwriter V'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 V Salaries?

Experience is a primary driver of an Underwriter V'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 III (4-7 years): $88,112
  • Underwriter IV (7+ years): $102,928
  • Underwriter V (7-10 years): $126,834
  • Underwriting Supervisor (10+ years): $99,320
  • Underwriting Manager (10+ years): $113,685
Job Role Years of Experience Average Salary
Underwriter III4-7 years$88,112
Underwriter IV7+ years$102,928
Underwriter V7-10 years$126,834
Underwriting Supervisor10+ years$99,320
Underwriting Manager10+ years$113,685
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Top Paying Cities for Underwriter V

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:

  • San Jose: $168,294
  • San Francisco: $166,451
  • Oakland: $162,943

Underwriter V Salary by Company Size: Startups vs. Enterprise

Underwriter V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $137,229. While startup companies pay approximate $116,278.

Underwriter V Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $116,278
Growth Stage 51~500 $122,938
Established 501~5000 $132,558
Enterprise 5000+ $137,229

Underwriter V Salary by Industry: Top Paying Sectors

For Underwriter V roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 20% 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 V as a support function rather than a direct revenue driver.

The top paying industries for an Underwriter V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$160,115$77.020%
Insurance$146,772$71.010%
Healthcare$140,100$67.05%

Underwriter V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter V'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 August 01, 2026
$121,572
Average $126,834/year
$139,107
$10,131
Average $10,569/month
$11,592
$2,338
Average $2,439/week
$2,675
$58
Average $61/hour
$67
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $139,107 $11,592 $2,675 $67
Average $126,834 $10,569 $2,439 $61
25th Percentile $121,572 $10,131 $2,338 $58

Underwriter V Salary Growth & Career Path

Underwriter V

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As an Underwriter V, 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 $111,473 -12%
Underwriting Manager - Complex Medical $125,154 -1%
Underwriting Supervisor - P&C $109,566 -14%
Underwriting Team Leader $89,194 -30%

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Where Does Our Salary Data Come From?

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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