As of December 01, 2024, the average annual pay of Underwriting Manager in Franklin, TN is $126,095. While Salary.com is seeing that Underwriting Manager salary in Franklin, TN can go up to $167,320 or down to $93,934, but most earn between $109,260 and $147,674. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $157,267 | $13,106 | $3,024 | $76 |
| Average | $134,286 | $11,191 | $2,582 | $65 |
| 25th Percentile | $116,358 | $9,697 | $2,238 | $56 |
An entry-level Underwriting Manager with under 1 year experience makes about $119,218. With less than 2 years of experience, a mid-level Underwriting Manager makes around $119,968. After 2-4 years, the Underwriting Manager pay rises to about $121,718. Those senior Underwriting Manager with 5-8 years of experience earn roughly $123,718, and those Underwriting Manager having 8 years or more experience are expected to earn about $127,711 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriting Manager | $119,218 |
| Intermediate Level Underwriting Manager | $119,968 |
| Senior Level Underwriting Manager | $121,718 |
| Specialist Level Underwriting Manager | $123,718 |
| Expert Level Underwriting Manager | $127,711 |
| Entry Level | 11% |
| Mid Level | 11% |
| Senior Level | 9% |
| Top Level | 8% |
| Experienced | 5% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.
Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
| Skill | Salary | Demand |
|---|---|---|
|
Speech Clarity
|
$168,967 |
34%
|
|
Credit Management
|
$145,009 |
15%
|
|
Bankruptcy
|
$137,443 |
9%
|
|
Insurance Products
|
$134,921 |
7%
|
|
Insight
|
$133,661 |
6%
|
|
Project Management
|
$133,661 |
6%
|
