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Underwriting Manager - P&C Salary in Elkton, MD

How much does an Underwriting Manager - P&C make in Elkton, MD?

As of October 01, 2026, the average salary for an Underwriting Manager - P&C in Elkton, MD is $128,316 per year, which breaks down to an hourly rate of $62.

However, an Underwriting Manager - P&C's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $145,909
  • Majority Range (25th-75th percentile): $120,008 to $137,525
  • Entry-Level (10th percentile): $112,444
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Underwriting Manager - P&C Salaries

An Underwriting Manager - P&C'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 Underwriting Manager - P&C Salaries?

Experience is a primary driver of an Underwriting Manager - P&C'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 (P/C) IV (7+ years): $108,942
  • Property Casualty Underwriting Supervisor (7+ years): $115,992
  • Underwriting Manager - P&C (7+ years): $128,316
  • Property Casualty Underwriting Director (7+ years): $224,147
  • VP of Property Casualty Underwriting (7+ years): $264,558
Job Role Years of Experience Average Salary
Underwriter (P/C) IV7+ years$108,942
Property Casualty Underwriting Supervisor7+ years$115,992
Underwriting Manager - P&C7+ years$128,316
Property Casualty Underwriting Director7+ years$224,147
VP of Property Casualty Underwriting7+ years$264,558
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Top Paying Cities for Underwriting Manager - P&Cs

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: $160,878
  • San Francisco: $159,116
  • Oakland: $155,763

Underwriting Manager - P&C Salary by Company Size: Startups vs. Enterprise

Underwriting Manager - P&C salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $138,711. While startup companies pay approximate $117,587.

Underwriting Manager - P&C Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $117,587
Growth Stage 51~500 $124,317
Established 501~5000 $133,960
Enterprise 5000+ $138,711

Underwriting Manager - P&C Salary by Industry: Top Paying Sectors

For Underwriting Manager - P&C roles, the industry you choose can affect earning potential by as much as 85% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 35% above the average. In contrast, Underwriting Manager - P&C positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Underwriting Manager - P&C as a support function rather than a direct revenue driver.

The top paying industries for an Underwriting Manager - P&C

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$172,191$83.035%
Financial Services$159,436$77.025%
Healthcare$140,304$67.010%

Underwriting Manager - P&C Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Manager - P&C'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 October 01, 2026
$120,008
Average $128,316/year
$137,525
$10,001
Average $10,693/month
$11,460
$2,308
Average $2,468/week
$2,645
$58
Average $62/hour
$66
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $137,525 $11,460 $2,645 $66
Average $128,316 $10,693 $2,468 $62
25th Percentile $120,008 $10,001 $2,308 $58

Underwriting Manager - P&C Salary Growth & Career Path

Underwriting Manager - P&C

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As an Underwriting Manager - P&C, 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 Director - Life $164,362 28%
Underwriting Director - Complex Medical $164,362 28%
Underwriting Director - P&C $224,147 75%
Underwriting Senior Manager $163,991 28%

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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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