How Much Does a Group Underwriting Manager make?

Group Underwriting Manager made a median salary around $132,806 in April, 2025. The best-paid 25 percent made $155,578 probably that year, while the lowest-paid 25 percent made around $115,194. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $115,194 10% $99,158 90% $176,311 75% $155,578 $132,806 50%(Median)
Check out Group Underwriting Manager jobs in Racine, Wisconsin

Life Underwriting Manager

Northwestern Mutual - Franklin, WI

Group Events Manager

Dream Golf - Nekoosa, WI

Consumer Underwriting Manager

CoVantage Credit Union - Antigo, WI

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Best-Paying Cities for Group Underwriting Manager

The metropolitan areas that pay the highest salary in the Group Underwriting Manager profession are Almena , Amery , Baldwin , Balsam Lake , Barron .
Almena, WI $142,561
Amery, WI $142,561
Baldwin, WI $142,561
Balsam Lake, WI $142,561
Barron, WI $142,561

Best-Paying States for Group Underwriting Manager

The states and districts that pay Group Underwriting Manager the highest salary are District of Columbia (around $152,124) , California (around $151,547) , Massachusetts (around $149,527) , Washington (around $148,977) , and New Jersey (around $148,922) .
District of Columbia $152,124
California $151,547
Massachusetts $149,527
Washington $148,977
New Jersey $148,922

What is the Career Path of Group Underwriting Manager?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Group Underwriting Manager, the first career path typically progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Director position , and then progresses to VP of Life Underwriting.

The third career path typically starts with a Property Casualty Underwriting Director position , and then progresses to VP of Property Casualty Underwriting.

Additionally, the fourth career path typically starts with an Underwriting Senior Manager position , and then progresses to Chief Underwriting Officer.

Besides, Group Underwriting Manager can also turn to other related jobs, including Group Insurance Underwriting Manager , Underwriting Supervisor , Top Group Underwriting Executive and Underwriting Manager .

Frequently Asked Questions for Group Underwriting Manager

Q: What is the salary range of Group Underwriting Manager in Racine, WI?
A: In 2025 , the lowest-paid Group Underwriting Manager in Racine, WI earned an average annual salary of $115,194 , while the highest-paid made $155,578.
Q: What is the salary for a Group Underwriting Manager in California?
A: Group Underwriting Manager employed in California earned an average salary of $151,547 in 2025.

Average Group Underwriting Manager Pay vs. Other Jobs

Group Underwriting Manager earned an average salary of $132,806 in 2025. Other jobs related to Group Underwriting Manager earned the following average salary in April, 2025. Group Insurance Underwriting Manager made $132,806 , Underwriting Supervisor made $100,392 , Top Group Underwriting Executive and Underwriting Manager made $238,000 and $115,591 respectively .

Relevant Jobs of Group Underwriting Manager

Group Insurance Underwriting Manager - Average Salary $132,806
There is currently no job description for Group Insurance Underwriting Manager, be the first to submit the job responsibilities for Group Insurance Underwriting Manager.
Underwriting Supervisor - Average Salary $100,392
Oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Ensures compliance with all industry and governmental regulations. Follows established procedures regarding risk management, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Top Group Underwriting Executive - Average Salary $238,000
The Top Group Underwriting Executive ensures profitability, growth, and efficiencies that align with the organization's goals and objectives. Leads and directs underwriting strategy, operations, and policy development across product lines. Being a Top Group Underwriting Executive researches competitors and market conditions to develop and maintain risk selection criteria and methods that support sound risk management. Establishes financial control guidelines, tools, administrative standards, and best practices. In addition, Top Group Underwriting Executive requires a bachelor's degree. Typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. The Top Group Underwriting Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a Top Group Underwriting Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
Underwriting Manager - Average Salary $115,591
Manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Chief Group Underwriting Executive - Average Salary $258,532
There is currently no job description for Chief Group Underwriting Executive, be the first to submit the job responsibilities for Chief Group Underwriting Executive.