How much does an Underwriting Manager make in Morrow, LA? The average Underwriting Manager salary in Morrow, LA is $116,953 as of May 28, 2024, but the range typically falls between $101,339 and $136,974. 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, Salary.com helps you determine your exact pay target. 

Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Manager Salary $87,123 Morrow,LA May 28, 2024
25th Percentile Underwriting Manager Salary $101,339 Morrow,LA May 28, 2024
50th Percentile Underwriting Manager Salary $116,953 Morrow,LA May 28, 2024
75th Percentile Underwriting Manager Salary $136,974 Morrow,LA May 28, 2024
90th Percentile Underwriting Manager Salary $155,201 Morrow,LA May 28, 2024
25% $101,339 10% $87,123 90% $155,201 75% $136,974 $116,953 50%(Median) Didn’t find job title? Click
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What skills does an Underwriting Manager need?

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.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

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.

3.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

Leadership 4.36%
Mortgage Banking 1.31%
Wholesale 0.83%
Others 93.5%

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 2024 Salary.com)... View full job description

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Job Openings for Underwriting Manager in Morrow, LA
  • Primary Details. Time Type: Full time. Worker Type: Employee. The Opportunity. This job will support energy and marine line of business by preparing and re...
    - 1 Day Ago
  • As the Underwriting Intern, you will perform various duties such as. Assist Account Underwriters with property reinspections by reviewing photos and policy...
    - 2 Days Ago
  • Radion Health, a pioneering company focused on providing affordable group health insurance for small businesses, is delighted to extend an offer for the po...
    - 3 Days Ago
  • Overview. KBK Insurance Group is the premier insurance provider for the commercial towing and garage industry and has been the partner of choice for agents...
    - 5 Days Ago
  • Production Assistant. Hours. 8:30-5:00 Local Time. Location. Remote or hybrid, depending on your area. Compensation. Based on Experience. Offices. At US
    - 1 Day Ago

Career Path for Underwriting Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriting Manager, the first career path typically progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Director position, and then progresses to Top Life Underwriting Executive.

The third career path typically starts with a Property Casualty Underwriting Director position, and then progresses to Top Property Casualty Underwriting Executive.

Additionally, the fourth career path typically starts with an Underwriting Senior Manager position, and then progresses to Underwriting Director.

Those that have already made the climb...
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's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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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 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Underwriting Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
101339
136974
116953

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110851
156888
133379
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Manager in Morrow, LA. The base salary for Underwriting Manager ranges from $101,339 to $136,974 with the average base salary of $116,953. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,851 to $156,888 with the average total cash compensation of $133,379.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

101339
136974

 

Step 3 of 3

How much should you be paid?

About Morrow, Louisiana    Morrow is an unincorporated community and USGS populated place in St. Landry Parish, Louisiana, United States, located just east of U.S. Route 71. A p....More

Morrow, Louisiana  area prices were up 1.2% from a year ago    View the Cost of Living in Morrow, Louisiana

Underwriting Manager Salary in popular cities: New OrleansBaton RougeShreveport

Skills associated with Underwriting Manager: Insurance Regulatory Guidelines, Underwriting & Rating Software, Risk Mitigation, Underwriting ...More

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