Underwriting Analyst Salary in Maryland

How much does an Underwriting Analyst make in Maryland?

As of April 01, 2026, the average salary for an Underwriting Analyst in Maryland is $55,802 per year, which breaks down to an hourly rate of $27.

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

Top Earners (90th percentile): $66,425
Majority Range (25th-75th percentile): $49,690 to $61,362
Entry-Level (10th percentile): $44,125

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Underwriting Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$61,362	$5,114	$1,180	$30
Average	$55,802	$4,650	$1,073	$27
25th Percentile	$49,690	$4,141	$956	$24

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): $55,393
Early Career (1-2 years): $107,026
Mid-Level (2-4 years): $122,539
Senior-Level (5-8 years): $167,013
Expert (over 8 years): $201,349

Levels	Salary
Underwrit... Level Underwriting Analyst	$55,393
Underwrit... Level Underwriting Analyst	$107,026
Underwrit... Level Underwriting Analyst	$122,539
Underwrit... Level Underwriting Analyst	$167,013
Underwrit... Level Underwriting Analyst	$201,349

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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: $59,920.
California: $59,693.
Massachusetts: $58,898.

District of Columbia $59,920 California $59,693 Massachusetts $58,898 Washington $58,681 New Jersey $58,659 Alaska $58,584 Connecticut $57,837 New York $57,534

Hawaii $56,565 Rhode Island $56,110 Maryland $55,802 Minnesota $55,380 Colorado $55,218 Illinois $55,163 Oregon $54,958 Delaware $54,806

New Hampshire $54,711 Virginia $54,498 Pennsylvania $53,875 Nevada $53,561 North Dakota $53,459 Michigan $53,296 Wisconsin $53,237 Vermont $53,118

Texas $52,788 Maine $52,766 Arizona $52,733 Ohio $52,696 Georgia $52,198 Indiana $51,949 Wyoming $51,900 Utah $51,824

Iowa $51,792 Kansas $51,532 Louisiana $51,456 North Carolina $51,429 Missouri $51,418 Florida $51,207 Montana $51,094 Nebraska $50,985

Kentucky $50,926 South Carolina $50,709 Tennessee $50,574 Idaho $50,520 New Mexico $50,125 Oklahoma $50,038 Alabama $49,719 South Dakota $49,183

Arkansas $48,891 West Virginia $48,734 Mississippi $48,263

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:

Owings: $58,589
Riverdale: $59,920
College Park: $59,920

Owings, MD $58,589 Riverdale, MD $59,920 College Park, MD $59,920 Fort Washington, MD $59,883 Oxon Hill, MD $59,920 Suitland, MD $59,920 District Heights, MD $59,920 Temple Hills, MD $59,920

Deale, MD $57,978 Dunkirk, MD $58,519 Fort George G Meade, MD $55,678 Friendship, MD $57,696 Fulton, MD $57,702 Andrews Air Force Base, MD $59,904 Savage, MD $55,694 Shady Side, MD $57,853

Galesville, MD $57,842 Greenbelt, MD $59,904 Glenn Dale, MD $59,850 Upper Marlboro, MD $59,796 Harwood, MD $57,869 Highland, MD $57,691 West River, MD $57,902 Tracys Landing, MD $58,162

Hyattsville, MD $59,920 Jessup, MD $55,732 Bethesda, MD $59,920 Glen Echo, MD $59,920 Chevy Chase, MD $59,920 Cabin John, MD $59,920 Olney, MD $59,796 Brookeville, MD $59,758

Poolesville, MD $58,827 Barnesville, MD $58,551 Beallsville, MD $58,800 Boyds, MD $58,362 Dickerson, MD $58,697 Rockville, MD $59,850 Potomac, MD $59,883 Derwood, MD $59,796

Sandy Spring, MD $59,796 Ashton, MD $59,774 Brinklow, MD $59,742 Burtonsville, MD $59,812 Montgomery Village, MD $58,118 Kensington, MD $59,920 Garrett Park, MD $59,920 Suburb Maryland Fac, MD $59,866

Silver Spring, MD $59,920 Takoma Park, MD $59,920 Aberdeen, MD $54,270 Aberdeen Proving Ground, MD $54,584 Abingdon, MD $54,417 Gunpowder, MD $55,710 Arnold, MD $55,640 Baldwin, MD $55,694

Bel Air, MD $54,021 Belcamp, MD $54,476 Benson, MD $54,292 Boring, MD $53,957 Brooklandville, MD $55,802 Butler, MD $55,656 Chase, MD $55,732 Churchville, MD $53,994

Clarksville, MD $55,640 Cockeysville, MD $55,764 Hunt Valley, MD $55,732 Crownsville, MD $55,623 Darlington, MD $53,767 Davidsonville, MD $57,734 Dayton, MD $55,623 Edgewater, MD $57,637

Edgewood, MD $55,640 Ellicott City, MD $55,764 Columbia, MD $55,710 Fallston, MD $55,656 Finksburg, MD $55,623 Forest Hill, MD $53,762 Fork, MD $55,710 Fort Howard, MD $55,786

Freeland, MD $52,062 Gambrills, MD $55,678 Gibson Island, MD $55,640 Glen Arm, MD $55,786 Glen Burnie, MD $55,802 Glyndon, MD $55,694 Hampstead, MD $53,497 Elkridge, MD $55,802

Hanover, MD $55,786 Harmans, MD $55,786 Havre De Grace, MD $54,325 Hydes, MD $55,710 Jarrettsville, MD $53,626 Joppa, MD $55,678 Kingsville, MD $55,710 Lineboro, MD $52,084

Linthicum Heights, MD $55,802 Long Green, MD $55,748 Spencerville, MD $59,812 Clarksburg, MD $58,135 Damascus, MD $57,842 Germantown, MD $58,313 Annapolis, MD $57,307 Cumberland, MD $47,711

Accident, MD $47,711 Barton, MD $47,711 Bittinger, MD $47,711 Bloomington, MD $47,711 Corriganville, MD $47,711 Eckhart Mines, MD $47,711 Ellerslie, MD $47,711 Flintstone, MD $47,711

Friendsville, MD $47,711 Frostburg, MD $47,711 Grantsville, MD $47,711 Kitzmiller, MD $47,711 Lonaconing, MD $47,711 Luke, MD $47,711 Mc Henry, MD $47,711 Midland, MD $47,711

Midlothian, MD $47,711 Mount Savage, MD $47,711 Oakland, MD $47,711 Oldtown, MD $47,711 Pinto, MD $47,711 Rawlings, MD $47,711 Spring Gap, MD $47,711 Swanton, MD $47,711

Westernport, MD $47,711 Easton, MD $55,531 Barclay, MD $55,423 Bethlehem, MD $55,531 Betterton, MD $55,190 Bozman, MD $57,453 Cambridge, MD $57,593 Centreville, MD $55,531

Chester, MD $56,809 Chestertown, MD $55,483 Church Creek, MD $57,593 Church Hill, MD $55,483 Claiborne, MD $57,215 Cordova, MD $55,531 Crapo, MD $59,650 Crocheron, MD $59,650

Crumpton, MD $55,402 Denton, MD $55,531 East New Market, MD $57,593 Federalsburg, MD $56,127 Fishing Creek, MD $59,650 Galena, MD $55,521 Goldsboro, MD $55,531 Grasonville, MD $56,316

Greensboro, MD $55,531 Henderson, MD $55,656 Hillsboro, MD $55,531 Hurlock, MD $57,593 Ingleside, MD $55,450 Kennedyville, MD $55,412 Mcdaniel, MD $57,215 Madison, MD $59,650

Marydel, MD $55,834 Massey, MD $55,613 Millington, MD $55,575 Neavitt, MD $57,750 Newcomb, MD $56,906 Oxford, MD $57,593 Preston, MD $55,531 Price, MD $55,499

Queen Anne, MD $55,531 Queenstown, MD $55,964 Rhodesdale, MD $57,593 Ridgely, MD $55,531 Rock Hall, MD $56,094 Royal Oak, MD $56,706 Saint Michaels, MD $57,003 Secretary, MD $57,593

Sherwood, MD $57,821 Deal Island, MD $55,104 Eden, MD $57,301 Ewell, MD $50,552 Fruitland, MD $57,301 Girdletree, MD $52,241 Hebron, MD $57,301 Linkwood, MD $57,593

Manokin, MD $53,816 Mardela Springs, MD $57,301 Marion Station, MD $50,899 Nanticoke, MD $57,593 Newark, MD $57,101 Ocean City, MD $57,101 Parsonsburg, MD $56,576 Pittsville, MD $57,101

Pocomoke City, MD $50,747 Powellville, MD $57,101 Princess Anne, MD $54,741 Quantico, MD $57,593 Rehobeth, MD $50,747 Sharptown, MD $57,301 Showell, MD $57,101 Snow Hill, MD $54,308

Stockton, MD $50,747 Tyaskin, MD $57,593 Tylerton, MD $50,552 Upper Fairmount, MD $53,816 Vienna, MD $57,593 Westover, MD $53,816 Whaleyville, MD $57,101 Willards, MD $57,101

Delmar, MD $56,127 North East, MD $54,579 Perry Point, MD $54,465 Perryville, MD $54,260 Port Deposit, MD $54,032 Rising Sun, MD $53,740 Warwick, MD $55,526 Cecilton, MD $55,450

Charlestown, MD $54,471 Chesapeake City, MD $55,358 Childs, MD $55,423 Stevensville, MD $56,782 Colora, MD $53,837 Conowingo, MD $53,599 Earleville, MD $55,104 Elk Mills, MD $55,423

Elkton, MD $55,423 Georgetown, MD $55,418 Lutherville Timonium, MD $55,802 Abell, MD $59,650 Accokeek, MD $59,812 Aquasco, MD $59,650 Avenue, MD $59,650 Barstow, MD $59,650

Bel Alton, MD $59,650 Benedict, MD $59,650 Brandywine, MD $59,774 Broomes Island, MD $59,650 Bryans Road, MD $59,758 Bryantown, MD $59,650 Bushwood, MD $59,650 California, MD $59,650

Callaway, MD $59,650 Chaptico, MD $59,650 Charlotte Hall, MD $59,650 Cheltenham, MD $59,796 Clements, MD $59,650 Cobb Island, MD $59,650 Coltons Point, MD $59,650 Compton, MD $59,650

Dameron, MD $59,650 Dowell, MD $59,650 Drayden, MD $59,650 Faulkner, MD $59,650 Great Mills, MD $59,650 Helen, MD $59,650 Hollywood, MD $59,650 Hughesville, MD $59,650

Huntingtown, MD $59,087 Indian Head, MD $59,704 Ironsides, MD $59,650 Issue, MD $59,650 La Plata, MD $59,650 Leonardtown, MD $59,650 Lexington Park, MD $59,650 Loveville, MD $59,650

Lusby, MD $59,650 Marbury, MD $59,650 Mechanicsville, MD $59,650 Morganza, MD $59,650 Mount Victoria, MD $59,650 Nanjemoy, MD $59,650 Newburg, MD $59,650 Park Hall, MD $59,650

Patuxent River, MD $59,650 Piney Point, MD $55,997 Pomfret, MD $59,688 Port Republic, MD $59,650 Port Tobacco, MD $59,650 Prince Frederick, MD $59,650 Ridge, MD $55,997 Rock Point, MD $59,650

Saint Inigoes, MD $59,650 Saint Leonard, MD $59,650 Saint Marys City, MD $59,650 Scotland, MD $54,184 Solomons, MD $59,650 Sunderland, MD $58,789 Tall Timbers, MD $59,650 Valley Lee, MD $59,650

Welcome, MD $59,650 White Plains, MD $59,704 Southern Md Facility, MD $59,883 Annapolis Junction, MD $55,710 Lanham, MD $59,904 Beltsville, MD $59,904 Laurel, MD $59,796 Bladensburg, MD $59,920

Lothian, MD $58,189 Mount Rainier, MD $59,920 North Beach, MD $58,324 Bowie, MD $59,796 Brentwood, MD $59,920 Capitol Heights, MD $59,920 Chesapeake Beach, MD $58,540 Churchton, MD $58,005

Clinton, MD $59,866 Still Pond, MD $55,434 Sudlersville, MD $55,472 Taylors Island, MD $59,650 Templeville, MD $55,732 Tilghman, MD $58,178 Toddville, MD $59,650 Trappe, MD $57,593

Wingate, MD $59,650 Wittman, MD $57,382 Woolford, MD $59,650 Worton, MD $55,466 Wye Mills, MD $55,531 Frederick, MD $58,005 Adamstown, MD $58,622 Big Pool, MD $48,323

Boonsboro, MD $57,593 Braddock Heights, MD $58,735 Brownsville, MD $59,650 Brunswick, MD $59,650 Buckeystown, MD $58,416 Burkittsville, MD $59,650 Cascade, MD $51,932 Cavetown, MD $51,932

Chewsville, MD $54,687 Clear Spring, MD $52,144 Cooksville, MD $56,998 Emmitsburg, MD $52,549 Fairplay, MD $55,705 Funkstown, MD $55,705 Glenelg, MD $57,474 Glenwood, MD $57,463

Hagerstown, MD $54,687 Hancock, MD $48,323 Ijamsville, MD $57,945 Jefferson, MD $59,239 Keedysville, MD $59,650 Keymar, MD $53,832 Knoxville, MD $59,650 Ladiesburg, MD $54,546

Libertytown, MD $55,797 Lisbon, MD $57,025 Little Orleans, MD $47,711 Maugansville, MD $52,203 Middletown, MD $59,650 Monrovia, MD $57,653 Mount Airy, MD $56,976 Myersville, MD $55,705

New Market, MD $57,593 New Midway, MD $54,709 New Windsor, MD $54,676 Point Of Rocks, MD $59,358 Rocky Ridge, MD $53,280 Rohrersville, MD $59,650 Sabillasville, MD $51,992 Saint James, MD $55,705

Sharpsburg, MD $59,650 Smithsburg, MD $51,932 Sykesville, MD $55,623 Taneytown, MD $53,242 Thurmont, MD $52,733 Tuscarora, MD $59,163 Union Bridge, MD $54,503 Unionville, MD $55,185

Walkersville, MD $56,349 West Friendship, MD $55,656 Williamsport, MD $54,898 Woodbine, MD $57,003 Woodsboro, MD $55,093 Salisbury, MD $57,301 Allen, MD $57,301 Berlin, MD $57,101

Bishopville, MD $57,101 Bivalve, MD $57,593 Manchester, MD $53,280 Marriottsville, MD $55,710 Maryland Line, MD $52,062 Mayo, MD $57,593 Millersville, MD $55,678 Monkton, MD $55,640

Odenton, MD $55,678 Crofton, MD $57,675 Owings Mills, MD $55,764 Parkton, MD $53,302 Pasadena, MD $55,748 Perry Hall, MD $55,802 Perryman, MD $54,519 Phoenix, MD $55,732

Pylesville, MD $53,318 Randallstown, MD $55,786 Reisterstown, MD $55,710 Riderwood, MD $55,802 Riva, MD $57,593 Severn, MD $55,764 Severna Park, MD $55,710 Simpsonville, MD $55,678

Sparks Glencoe, MD $55,678 Crisfield, MD $50,899 Stevenson, MD $55,802 Dhs, MD $59,828 Waldorf, MD $59,758 Street, MD $53,518 Upperco, MD $53,957 Upper Falls, MD $55,732

Westminster, MD $54,178 Whiteford, MD $53,269 White Hall, MD $53,285 White Marsh, MD $55,802 Woodstock, MD $55,732 Baltimore, MD $55,802 Towson, MD $55,802 Gwynn Oak, MD $55,802

Pikesville, MD $55,802 Sparrows Point, MD $55,786 Middle River, MD $55,802 Essex, MD $55,802 Dundalk, MD $55,802 Brooklyn, MD $55,802 Curtis Bay, MD $55,802 Halethorpe, MD $55,802

Catonsville, MD $55,802 Parkville, MD $55,802 Nottingham, MD $55,802 Rosedale, MD $55,802 Windsor Mill, MD $55,802 Gaithersburg, MD $59,758 Washington Grove, MD $59,774

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 April 01, 2026

$49,690

Average $55,802/year

$61,362

$4,141

Average $4,650/month

$5,114

$956

Average $1,073/week

$1,180

$24

Average $27/hour

$30

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$61,362	$5,114	$1,180	$30
Average	$55,802	$4,650	$1,073	$27
25th Percentile	$49,690	$4,141	$956	$24

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