As of March 01, 2025, the average annual salary for an Underwriter V in Waterloo, IA is $139,361. According to Salary.com, salaries can range from a low of $98,557 to a high of $186,888, with most professionals earning between $118,002 and $164,238.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $176,790 | $14,733 | $3,400 | $85 |
| Average | $150,011 | $12,501 | $2,885 | $72 |
| 25th Percentile | $127,021 | $10,585 | $2,443 | $61 |
An entry-level Underwriter V with under 1 year experience makes about $129,091. With less than 2 years of experience, a mid-level Underwriter V makes around $130,665. After 2-4 years, the Underwriter V pay rises to about $131,294. Those senior Underwriter V with 5-8 years of experience earn roughly $134,441, and those Underwriter V having 8 years or more experience are expected to earn about $136,959 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $129,091 |
| Intermediate Level Underwriter V | $130,665 |
| Senior Level Underwriter V | $131,294 |
| Specialist Level Underwriter V | $134,441 |
| Expert Level Underwriter V | $136,959 |
| Entry Level | 14% |
| Mid Level | 13% |
| Senior Level | 12% |
| Top Level | 10% |
| Experienced | 9% |
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