As of April 01, 2025, the average annual salary for an Underwriting Manager in Washington, DC is $132,405. Salary.com reports that pay typically ranges from $122,576 to $142,272, with most professionals earning between $113,627 and $151,256.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $128,497 | $10,708 | $2,471 | $62 |
| Average | $119,585 | $9,965 | $2,300 | $57 |
| 25th Percentile | $110,708 | $9,226 | $2,129 | $53 |
An entry-level Underwriting Manager with under 1 year experience makes about $128,737. With less than 2 years of experience, a mid-level Underwriting Manager makes around $129,177. After 2-4 years, the Underwriting Manager pay rises to about $130,204. Those senior Underwriting Manager with 5-8 years of experience earn roughly $131,378, and those Underwriting Manager having 8 years or more experience are expected to earn about $133,435 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriting Manager | $128,737 |
| Intermediate Level Underwriting Manager | $129,177 |
| Senior Level Underwriting Manager | $130,204 |
| Specialist Level Underwriting Manager | $131,378 |
| Expert Level Underwriting Manager | $133,435 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 9% |
| Top Level | 10% |
| Experienced | 12% |
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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
|
$177,422 |
34%
|
|
Credit Management
|
$152,265 |
15%
|
|
Bankruptcy
|
$144,321 |
9%
|
|
Insurance Products
|
$141,673 |
7%
|
|
Insight
|
$140,349 |
6%
|
|
Project Management
|
$140,349 |
6%
|
