How much does an Underwriting Manager make in Ohio? The average Underwriting Manager salary in Ohio is $128,685 as of February 26, 2024, but the range typically falls between $111,507 and $150,717. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Manager Salary $95,866 OH February 26, 2024
25th Percentile Underwriting Manager Salary $111,507 OH February 26, 2024
50th Percentile Underwriting Manager Salary $128,685 OH February 26, 2024
75th Percentile Underwriting Manager Salary $150,717 OH February 26, 2024
90th Percentile Underwriting Manager Salary $170,775 OH February 26, 2024
25% $111,507 10% $95,866 90% $170,775 75% $150,717 $128,685 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 Ohio

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Location Avg. Salary Date Updated
Location Chillicothe, OH Avg. Salary $121,368 Date Updated February 26, 2024
Location Lakewood, OH Avg. Salary $129,523 Date Updated February 26, 2024
Location Portsmouth, OH Avg. Salary $119,793 Date Updated February 26, 2024
Location Aberdeen, OH Avg. Salary $119,006 Date Updated February 26, 2024
Location Ada, OH Avg. Salary $123,703 Date Updated February 26, 2024
Location Adamsville, OH Avg. Salary $122,038 Date Updated February 26, 2024
Location Addyston, OH Avg. Salary $128,256 Date Updated February 26, 2024
Location Adelphi, OH Avg. Salary $121,053 Date Updated February 26, 2024
Location Adena, OH Avg. Salary $122,609 Date Updated February 26, 2024
Location Akron, OH Avg. Salary $125,973 Date Updated February 26, 2024

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.

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Underwriting Manager Salary in Ohio
Underwriting Manager Salary Graph, Regional Distribution and Summary