As of August 01, 2026, the average hourly rate for an Underwriting Manager - Complex Medical in the United States is $63, which translates to an annual salary of about $131,662.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
Underwriting Manager - Complex Medical Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $141,107 | $11,759 | $2,714 | $68 |
| Average | $131,662 | $10,972 | $2,532 | $63 |
| 25th Percentile | $123,139 | $10,262 | $2,368 | $59 |
An Underwriting Manager - Complex Medical'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, education and company size can directly affect your earning potential.
Experience is a primary driver of an Underwriting Manager - Complex Medical'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Health Underwriter | 2-4 years | $71,303 |
| Health Underwriter, Sr. | 4-7 years | $92,697 |
| Underwriting Manager - Complex Medical | 7+ years | $131,662 |
| Health Underwriting Director | 7+ years | $163,383 |
Underwriting Manager - Complex Medical salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $142,091. While startup companies pay approximate $120,495.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $120,495 |
| Growth Stage | 51~500 | $127,374 |
| Established | 501~5000 | $137,278 |
| Enterprise | 5000+ | $142,091 |
Your level of education can impact your salary potential. While many Underwriting Manager - Complex Medical enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Underwriting Manager - Complex Medical with a Bachelor's Degree is between $123,191 and $130,868.
| Typical Education for Underwriting Manager - Complex Medical | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 20.0% |
| High School | 60.0% |
| Associates | 20.0% |
| Bachelors | 60.0% |
| Masters | 20.0% |
| Doctorate | 0.0% |
Understanding how an Underwriting Manager - Complex Medical'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $141,107 | $11,759 | $2,714 | $68 |
| Average | $131,662 | $10,972 | $2,532 | $63 |
| 25th Percentile | $123,139 | $10,262 | $2,368 | $59 |
Salaries for an Underwriting Manager - Complex Medical can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $119,242 in 2023 to around $116,486 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Underwriting Manager - Complex Medical salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $119,242 |
| 2024 | $118,085 |
| 2025 | $116,486 |
| 2026 |
View More
|
| 2027 |
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|
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Manages the team responsible for reviewing and analyzing the most complex medical applications for policies like life, disability, or critical illness health insurance. Monitors the evaluation of an applicant's medical history, including a comprehensive review of medical records, detailed health questionnaires, laboratory and imaging results, prescription histories, and/or medical exam findings. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Recommends and calculates rates and premiums based on findings. Ensures compliance with all industry and governmental regulations. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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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