As of December 01, 2024, the average annual pay of Underwriting Manager in MN is $137,375. While Salary.com is seeing that Underwriting Manager salary in MN can go up to $182,288 or down to $102,337, but most earn between $119,034 and $160,884. 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 $129,883. With less than 2 years of experience, a mid-level Underwriting Manager makes around $130,700. After 2-4 years, the Underwriting Manager pay rises to about $132,606. Those senior Underwriting Manager with 5-8 years of experience earn roughly $134,785, and those Underwriting Manager having 8 years or more experience are expected to earn about $139,136 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriting Manager | $129,883 |
| Intermediate Level Underwriting Manager | $130,700 |
| Senior Level Underwriting Manager | $132,606 |
| Specialist Level Underwriting Manager | $134,785 |
| Expert Level Underwriting Manager | $139,136 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 0% |
| Experienced | 4% |
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Underwriting Manager salary varies from city to city. Compared with national average salary of Underwriting Manager, the highest Underwriting Manager salary is in San Francisco, CA, where the Underwriting Manager salary is 25.0% above. The lowest Underwriting Manager salary is in Miami, FL, where the Underwriting Manager salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $167,858 |
25.0%
|
| Washington, DC | $149,461 |
11.3%
|
| Miami, FL | $129,586 |
|
| Chicago, IL | $140,866 |
4.9%
|
| Boston, MA | $150,535 |
12.1%
|
| New York, NY | $156,846 |
16.8%
|
