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How much does an Underwriting Senior Manager make?

As of April 01, 2025, the average annual salary for an Underwriting Senior Manager in the United States is $161,912. According to Salary.com, salaries can range from a low of $138,820 to a high of $183,156, with most professionals earning between $149,825 and $173,032.

Underwriting Senior Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $173,032 $14,419 $3,328 $83
Average $161,912 $13,493 $3,114 $78
25th Percentile $149,825 $12,485 $2,881 $72

Average Salary

25% $149,825 10% $138,820 90% $183,156 75% $173,032 $161,912 50%(Median) Didn’t find job title? Click
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How much does an Underwriting Senior Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Underwriting Senior Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Underwriting Senior Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025
Last Updated on April 01, 2025

How Does Experience Level Affect an Underwriting Senior Manager's Salary?

An entry-level Underwriting Senior Manager with less than 1 year of experience earns about $157,402. With 1-2 years of experience, the average salary increases to $157,943. For 2-4 years of experience, the pay typically rises to $159,206. Senior-level professionals with 5-8 years of experience earn around $160,649, and those with over 8 years of experience can expect an average of $162,244.

Levels Salary
Entry Level Underwriting Senior Manager $157,402
Intermediate Level Underwriting Senior Manager $157,943
Senior Level Underwriting Senior Manager $159,206
Specialist Level Underwriting Senior Manager $160,649
Expert Level Underwriting Senior Manager $162,244
$157,402 0 yr
$157,943 < 2 yrs
$159,206 2-4 yrs
$160,649 5-8 yrs
$162,244 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 2%
Senior Level 2%
Top Level 1%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Underwriting Senior Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for an Underwriting Senior Manager is $202,212.
  • In New York, NY, the average annual salary is $187,640.
  • In Boston, MA, an Underwriting Senior Manager earns $180,580 per year.

What is the salary trend of Underwriting Senior Manager?

As of April 01, 2025, our research reveals a significant shift in Underwriting Senior Manager compensation over the past six years. For example, the median salary increased from $150,908 in 2023 to approximately $145,588 in 2024. (For a detailed analysis of Underwriting Senior Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Underwriting Senior Manager Over Time

2020
$???
2021
$???
2022
$???
$150,908
2023
$145,588
2024
$140,344
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$150,908
2024
$145,588
2025
$140,344
2026
$???
Last Updated on April 01, 2025

Underwriting Senior Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $150,908
2024 $145,588
2025 $140,344
2026 View More
Last Updated on April 01, 2025

Job Openings of Underwriting Senior Manager

Salary.com job board provides millions of Underwriting Senior Manager information for you to search for. Click on search button below to see Underwriting Senior Manager job openings or enter a new job title here.

Most Common Benefits for Underwriting Senior Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 74.2%
Bonuses 0.0%
Social Security 5.7%
401k/403b 3.5%
Disability 0.6%
Healthcare 2.8%
Pension 4.1%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $161,912 74.2%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $12,386 5.7%
401K/403B $7,610 3.5%
Disability $1,295 0.6%
Healthcare $6,056 2.8%
Pension $8,905 4.1%
Time Off $19,928 9.1%
Total Compensation $218,092 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Underwriting Senior Manager

1. What is the average salary of an Underwriting Senior Manager?

The average annual salary of Underwriting Senior Manager is $161,912. In case you are finding an easy salary calculator, the average hourly pay of Underwriting Senior Manager is $78; the average weekly pay of Underwriting Senior Manager is $3,114; the average monthly pay of Underwriting Senior Manager is $13,493.

2. Where can an Underwriting Senior Manager earn the most?

An Underwriting Senior Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Underwriting Senior Manager earns the most in San Jose, CA, where the annual salary of an Underwriting Senior Manager is $204,220.

3. What is the highest pay for Underwriting Senior Manager?

The highest pay for Underwriting Senior Manager is $183,156.

4. What is the lowest pay for Underwriting Senior Manager?

The lowest pay for Underwriting Senior Manager is $138,820.

5. What are the responsibilities of Underwriting Senior Manager?

Manages operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. 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. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for an Underwriting Senior Manager is $161,912 per year in the United States, updated at April 01, 2025.
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