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Surety Bond Underwriter Salary in the United States

How much does a Surety Bond Underwriter make in the United States? The salary range for a Surety Bond Underwriter job is from $55,826 to $83,073 per year in the United States. Click on the filter to check out Surety Bond Underwriter job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at September 26, 2022
$68,375
Per Year
The average salary for a Surety Bond Underwriter is $68,375
per Year in the United States.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$55,826
$68,375
Medium
$83,073

Highest Paying Cities for Surety Bond Underwriter in the United States

Surety Bond Underwriter salaries in the United States will pay differently by cities. Below following are the eight cities with the highest income for Surety Bond Underwriter jobs in the United States. The city with the highest salary is San Jose. Click on the Surety Bond Underwriter salary in cities you are interested in to view detailed job salary information.

States with Higher Salaries for Surety Bond Underwriter

The five states where Surety Bond Underwriter jobs get higher salaries in the United States are: Alaska, California, District of Columbia, New Jersey, and Massachusetts. Compared with the average salary of a Surety Bond Underwriter in the United States, the state of Alaska with the highest job income for this job. The second and third states are California and District of Columbia respectively. The high or low salary paid to Surety Bond Underwriter by the US has a greater relationship with the demand for jobs and the cost of living.

How Much Do Similar Professions Get Paid in the United States?

There are some different titles for Surety Bond Underwriter jobs, and the job title of Surety Bond Underwriter will vary in different companies. The job title has a lot to do with the department and responsibilities, and the same job title will vary in different departments. The following list is the salary of jobs similar to Surety Bond Underwriter, start to view Surety Bond Underwriter-related jobs you are interested in.
Surety Bond Manager
Average salary
United States
$74,464
per Year
Surety Underwriter
Average salary
United States
$68,697
per Year
Bond Underwriter
Average salary
United States
$71,868
per Year
Contract Surety Underwriter
Average salary
United States
$68,604
per Year
Senior Underwriter, Surety
Average salary
United States
$86,105
per Year
Commercial Surety Underwriter
Average salary
United States
$61,162
per Year

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What Does a Surety Bond Underwriter Do?

Most surety bonds never have a claim made against them, and the principal is ultimately responsible for paying the surety back for any money paid to a claimant.

December 22, 2021

The good news is that even if your underwriting process results in a higher premium, there are still ways to get a surety bond fast and for an affordable price.

December 22, 2021

Made against a surety bond are completely avoidable, and can only be made if the bonded principal breaks the agreement set forth in the bond.

December 20, 2021

The surety writes bonds with the assumption that the policy will not be used, and so the premium is based on the likelihood of a claim being made against the applicant’s bond, as well as the applicant’s ability to fully reimburse the surety.

December 19, 2021

There are also different ways an underwriter can minimize the surety’s risk on a riskier bond and still approve it.

December 13, 2021

Most Common Benefits for Surety Bond Underwriter

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Surety Bond Underwriter
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Most surety bonds never have a claim made against them, and the principal is ultimately responsible for paying the surety back for any money paid to a claimant.
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Explore our personal salary report to know the Surety Bond Underwriter market value in the United States. And find out if any places are having a higher Surety Bond Underwriter salary.
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The highest Surety Bond Underwriter salary is $90,383, while the lowest is $60,739 in the United States.
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