What are the main factors that influence an Underwriting Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Underwriting Analyst's salary?

An Underwriting Analyst's salary grows with experience: an Underwriting Analyst (1-3 years)earns $54,419, an Underwriting Supervisor (3-5 years)earns $105,131, an Underwriting Manager (5+ years)earns $120,352, an Underwriting Senior Manager (5+ years)earns $164,035, an Underwriting Director (5+ years)earns $197,822,

What are the highest paying states for an Underwriting Analyst?

Underwriting Analyst salary varies significantly by state. The top 3 highest paying states for Underwriting Analyst roles are District of Columbia $59,936, California $59,708, Massachusetts $58,912. These tech hubs typically pay 10-15% above the national average.

How much do different types of Underwriting Analyst roles make?

Salaries for Underwriting Analyst level roles vary by specialization: Head of Underwriting: $270,293; VP of Underwriting: $261,912; Loan Underwriting Director: $202,024; Underwriting Director: $196,580; Underwriting Manager: $119,596.

Underwriting Analyst Salary in Delaware

How much does an Underwriting Analyst make in Delaware?

As of June 01, 2026, the average salary for an Underwriting Analyst in Delaware is $54,820 per year, which breaks down to an hourly rate of $26.

However, an Underwriting Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $65,245
Majority Range (25th-75th percentile): $48,814 to $60,277
Entry-Level (10th percentile): $43,347

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Underwriting Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$60,277	$5,023	$1,159	$29
Average	$54,820	$4,568	$1,054	$26
25th Percentile	$48,814	$4,068	$939	$23

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Underwriting Analyst Salaries

An Underwriting Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Underwriting Analyst Salaries?

Experience is a primary driver of an Underwriting Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $54,419
Early Career (1-2 years): $105,131
Mid-Level (2-4 years): $120,352
Senior-Level (5-8 years): $164,035
Expert (over 8 years): $197,822

Levels	Salary
Underwrit... Level Underwriting Analyst	$54,419
Underwrit... Level Underwriting Analyst	$105,131
Underwrit... Level Underwriting Analyst	$120,352
Underwrit... Level Underwriting Analyst	$164,035
Underwrit... Level Underwriting Analyst	$197,822

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What Am I Worth?

How Do Underwriting Analyst Salaries Vary from State to State?

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 Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $59,936.
California: $59,708.
Massachusetts: $58,912.

District of Columbia $59,936 California $59,708 Massachusetts $58,912 Washington $58,696 New Jersey $58,674 Alaska $58,598 Connecticut $57,851 New York $57,548

Hawaii $56,579 Rhode Island $56,125 Maryland $55,816 Minnesota $55,394 Colorado $55,231 Illinois $55,177 Oregon $54,972 Delaware $54,820

New Hampshire $54,725 Virginia $54,511 Pennsylvania $53,889 Nevada $53,575 North Dakota $53,472 Michigan $53,310 Wisconsin $53,250 Vermont $53,131

Texas $52,801 Maine $52,779 Arizona $52,747 Ohio $52,709 Georgia $52,211 Indiana $51,962 Wyoming $51,913 Utah $51,837

Iowa $51,805 Kansas $51,545 Louisiana $51,469 North Carolina $51,442 Missouri $51,431 Florida $51,220 Montana $51,106 Nebraska $50,998

Kentucky $50,939 South Carolina $50,722 Tennessee $50,587 Idaho $50,533 New Mexico $50,138 Oklahoma $50,051 Alabama $49,732 South Dakota $49,196

Arkansas $48,903 West Virginia $48,746 Mississippi $48,275

Top Paying Cities for Underwriting Analysts

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:

Lincoln: $54,573
Little Creek: $54,973
Magnolia: $54,894

Lincoln, DE $54,573 Little Creek, DE $54,973 Magnolia, DE $54,894 Milford, DE $54,712 Marydel, DE $54,802 Millsboro, DE $54,344 Millville, DE $54,428 Milton, DE $54,522

Nassau, DE $54,562 Ocean View, DE $54,419 Rehoboth Beach, DE $54,523 Seaford, DE $54,554 Selbyville, DE $54,328 Smyrna, DE $55,011 Viola, DE $54,757 Woodside, DE $54,904

Bear, DE $54,778 Newark, DE $54,757 Claymont, DE $54,869 Delaware City, DE $54,812 Hockessin, DE $54,752 Kirkwood, DE $54,802 Middletown, DE $54,823 Montchanin, DE $54,765

New Castle, DE $54,773 Odessa, DE $54,850 Port Penn, DE $54,887 Rockland, DE $54,770 Saint Georges, DE $54,805 Townsend, DE $54,890 Winterthur, DE $54,777 Lewes, DE $54,543

Wilmington, DE $54,755 Dover, DE $54,973 Dover Afb, DE $54,683 Bethany Beach, DE $54,361 Bethel, DE $54,418 Bridgeville, DE $54,546 Camden Wyoming, DE $54,818 Cheswold, DE $54,955

Clayton, DE $54,956 Dagsboro, DE $54,324 Delmar, DE $54,236 Ellendale, DE $54,401 Felton, DE $54,707 Fenwick Island, DE $54,335 Frankford, DE $54,241 Frederica, DE $54,762

Georgetown, DE $54,303 Greenwood, DE $54,555 Harbeson, DE $54,361 Harrington, DE $54,638 Hartly, DE $54,808 Houston, DE $54,560 Kenton, DE $54,959 Laurel, DE $54,271

Yorklyn, DE $54,769

Underwriting Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Analyst'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.

Last Updated on June 01, 2026

$48,814

Average $54,820/year

$60,277

$4,068

Average $4,568/month

$5,023

$939

Average $1,054/week

$1,159

$23

Average $26/hour

$29

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$60,277	$5,023	$1,159	$29
Average	$54,820	$4,568	$1,054	$26
25th Percentile	$48,814	$4,068	$939	$23

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