How much does an Underwriting Manager make in the United States? The average Underwriting Manager salary in the United States is $129,089 as of August 27, 2023, but the range typically falls between $111,851 and $151,193. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target. 

Jobs with a similar salary range to Underwriting Manager : Head Of Growth

Based on HR-reported data: a national average with a geographic differential
Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Manager Salary $96,157 US August 27, 2023
25th Percentile Underwriting Manager Salary $111,851 US August 27, 2023
50th Percentile Underwriting Manager Salary $129,089 US August 27, 2023
75th Percentile Underwriting Manager Salary $151,193 US August 27, 2023
90th Percentile Underwriting Manager Salary $171,318 US August 27, 2023
25% $111,851 10% $96,157 90% $171,318 75% $151,193 $129,089 50%(Median) Didn’t find job title? Click
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Job Description for Underwriting Manager

Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager 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. To be an Underwriting Manager 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. (Copyright 2023 View full job description

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Job Openings for Underwriting Manager
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Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2022
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Manager in the United States. The base salary for Underwriting Manager ranges from $111,851 to $151,193 with the average base salary of $129,089. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $122,348 to $173,170 with the average total cash compensation of $147,226.
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Skills associated with Underwriting Manager: Staff Coaching/Training, Underwriting & Rating Software, Insurance Products, Risk Management ...More

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Salary estimation for Underwriting Manager at companies like : M Financial Services Inc, K T Optical Inc, Phillips Automotive Inc