As of June 01, 2026, the average salary for a Group Underwriter in the United States is $65,566 per year, which breaks down to an hourly rate of $32.
However, a Group Underwriter's salary can vary significantly. Here’s a look at the typical salary range:
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A Group Underwriter'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Group Underwriter'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:
| Levels | Salary |
|---|---|
| Group Und... Level Group Underwriter | $64,056 |
| Budget An... Level Group Underwriter | $77,978 |
| Budget An... Level Group Underwriter | $87,544 |
| Budget An... Level Group Underwriter | $111,611 |
| Budgeting... Level Group Underwriter | $115,076 |
What Am I Worth?
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 Group Underwriters. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 20.18% |
| Financial Statements | 1.5% |
| CPA | 1.03% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Tableau
|
$98,349 |
50%
|
|
SQL
|
$82,613 |
26%
|
|
Consulting
|
$74,090 |
13%
|
|
Balance Sheet
|
$74,090 |
13%
|
|
Innovation
|
$73,434 |
12%
|
|
Pricing
|
$73,434 |
12%
|
Your level of education can impact your salary potential. While many Group Underwriters enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Group Underwriter with a Bachelor's Degree is between $63,170 and $67,232).
Group Underwriter Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.3% |
| High School | 4.3% |
| Associates | 3.6% |
| Bachelors | 60.3% |
| Masters | 31.1% |
| Doctorate | 0.3% |
Understanding how a Group Underwriter'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, 2026Salaries for a Group Underwriter can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $61,898 in 2023 to around $60,895 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Group Underwriter salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $61,898 |
| 2024 | $61,408 |
| 2025 | $60,895 |
| 2026 |
View More
|
| 2027 |
View More
|
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Compensation PlanningHere are companies hiring for Group Underwriter and their salaries, click below for more details.
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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