As of July 01, 2026, the average salary for an Underwriting Team Leader in the United States is $93,592 per year, which breaks down to an hourly rate of $45.
However, an Underwriting Team Leader's salary can vary significantly. Here’s a look at the typical salary range:
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Underwriting Team Leader Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $106,704 | $8,892 | $2,052 | $51 |
| Average | $93,592 | $7,799 | $1,800 | $45 |
| 25th Percentile | $81,882 | $6,823 | $1,575 | $39 |
Burger King (Carrols) - Strongsville, OH
Kroger - Cincinnati, OH
Kuehne+Nagel - West Jefferson, OH
Burger King (Carrols) - Strongsville, OH
An Underwriting Team Leader's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriting Team Leaders. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Underwriting Team Leader salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $101,153. While startup companies pay approximate $85,726.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $85,726 |
| Growth Stage | 51~500 | $90,630 |
| Established | 501~5000 | $97,729 |
| Enterprise | 5000+ | $101,153 |
Understanding how an Underwriting Team Leader's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $106,704 | $8,892 | $2,052 | $51 |
| Average | $93,592 | $7,799 | $1,800 | $45 |
| 25th Percentile | $81,882 | $6,823 | $1,575 | $39 |
Promotions are the fastest way to increase your earnings. As an Underwriting Team Leader, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Underwriting Manager - Life | $137,196 | 47% |
| Underwriting Manager - Complex Medical | $131,650 | 41% |
| Underwriting Supervisor - P&C | $115,245 | 23% |
| Underwriting Supervisor | $104,478 | 12% |
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Underwriting Team Leader and their salaries, click below for more details.
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Ready to take the next step in your career? Browse thousands of current Underwriting Team Leader job openings on our job board. Use the search bar below to find your perfect match.
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An Underwriting Team Leader'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 Team Leader earns the most in San Jose, CA, where the annual salary of an Underwriting Team Leader is $118,048.
The highest pay for Underwriting Team Leader is $118,642.
The lowest pay for Underwriting Team Leader is $71,219.
Responsible for reviewing and analyzing risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Calculates renewal rates, and determines appropriate premiums, limits, and coverages. Ensures compliance with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. May underwrite the issuance of renewal on more complex accounts. Requires a bachelor's degree. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.
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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