As of March 01, 2025, the average annual salary for an Underwriter V in Salem, OR is $134,013. According to Salary.com, salaries can range from a low of $106,732 to a high of $163,289, with most professionals earning between $119,733 and $149,337.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $148,742 | $12,395 | $2,860 | $72 |
| Average | $133,479 | $11,123 | $2,567 | $64 |
| 25th Percentile | $119,256 | $9,938 | $2,293 | $57 |
An entry-level Underwriter V with under 1 year experience makes about $128,258. With less than 2 years of experience, a mid-level Underwriter V makes around $129,324. After 2-4 years, the Underwriter V pay rises to about $129,750. Those senior Underwriter V with 5-8 years of experience earn roughly $131,882, and those Underwriter V having 8 years or more experience are expected to earn about $133,587 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $128,258 |
| Intermediate Level Underwriter V | $129,324 |
| Senior Level Underwriter V | $129,750 |
| Specialist Level Underwriter V | $131,882 |
| Expert Level Underwriter V | $133,587 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 0% |
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