How Much Does a Medical Underwriter make?

Medical Underwriter made a median salary around $59,192 in December, 2024. The best-paid 25 percent made $66,303 probably that year, while the lowest-paid 25 percent made around $53,232. 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.
Check out Medical Underwriter jobs in Maryland

Medical Assistant

FastMed - GOLDSBORO, NC

Medical Assistant

Neighborhood Health - ALEXANDRIA, VA

1099 Medical Doctor, IPV

TapestryHealth - MCALLEN, TX

Clinic Medical Director

Valor Healthcare, Inc. - SAN ANTONIO, TX

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Best-Paying Cities for Medical Underwriter

The metropolitan areas that pay the highest salary in the Medical Underwriter profession are Beltsville , Bethesda , Bladensburg , Brentwood , Cabin John .
Beltsville, MD $63,900
Bethesda, MD $63,900
Bladensburg, MD $63,900
Brentwood, MD $63,900
Cabin John, MD $63,900

Best-Paying States for Medical Underwriter

The states and districts that pay Medical Underwriter the highest salary are District of Columbia (around $63,900) , California (around $63,326) , New Jersey (around $62,924) , Alaska (around $62,522) , and Massachusetts (around $62,465) .
District of Columbia $63,900
California $63,326
New Jersey $62,924
Alaska $62,522
Massachusetts $62,465

What is the Career Path of Medical Underwriter?

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 Medical Underwriter, the first career path typically starts with a Health Underwriter position , and then progresses to Health Underwriting Director.

The second career path typically starts with an Underwriter (Life) II position , and then progresses to Life Underwriting Director.

The third career path typically starts with an Underwriter (P/C) II position , and then progresses to Property Casualty Underwriting Director.

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

Besides, Medical Underwriter can also turn to other related jobs, including Medical Underwriter - Senior , Health Underwriter , Health Underwriter, Sr. and Underwriter (Life) I .

Frequently Asked Questions for Medical Underwriter

Q: What is the salary range of Medical Underwriter in Maryland?
A: In 2024 , the lowest-paid Medical Underwriter in Maryland earned an average annual salary of $53,232 , while the highest-paid made $66,303.
Q: What is the salary for a Medical Underwriter in California?
A: Medical Underwriter employed in California earned an average salary of $63,326 in 2024.

Average Medical Underwriter Pay vs. Other Jobs

Medical Underwriter earned an average salary of $59,192 in 2024. Other jobs related to Medical Underwriter earned the following average salary in December, 2024. Medical Underwriter - Senior made $93,910 , Health Underwriter made $70,556 , Health Underwriter, Sr. and Underwriter (Life) I made $93,901 and $58,669 respectively .

Relevant Jobs of Medical Underwriter

Medical Underwriter - Senior - Average Salary $93,910
The Medical Underwriter - Senior calculates and recommends pricing. Reviews applications for coverage, gathers data and assesses risk related to qualifying a candidate for health insurance. Being a Medical Underwriter - Senior requires a bachelor's degree. Performs group and/or individual underwriting. In addition, Medical Underwriter - Senior typically reports to supervisor or manager. Being a Medical Underwriter - Senior contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Medical Underwriter - Senior typically requires 4 to 7 years of related experience.
Health Underwriter - Average Salary $70,556
Health Underwriter reviews applications for coverage, gathers data, and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter performs group and/or individual underwriting. May require a bachelor's degree. Additionally, Health Underwriter typically reports to a supervisor or manager. The Health Underwriter gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Health Underwriter typically requires 2 to 4 years of related experience.
Health Underwriter, Sr. - Average Salary $93,901
Health Underwriter, Sr. reviews applications for coverage, gathers data and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter, Sr. performs group and/or individual underwriting. Requires a bachelor's degree. Additionally, Health Underwriter, Sr. typically reports to supervisor or manager. The Health Underwriter, Sr. contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Health Underwriter, Sr. typically requires 4 to 7 years of related experience.
Underwriter (Life) I - Average Salary $58,669
Underwriter (Life) I reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) I may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) I typically reports to a supervisor or manager. The Underwriter (Life) I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) I typically requires 0-2 years of related experience.
Underwriter (Life) II - Average Salary $74,756
Underwriter (Life) II reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) II approves or denies applications on own discretion. May require a bachelor's degree. Additionally, Underwriter (Life) II typically reports to a supervisor or manager. The Underwriter (Life) II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be an Underwriter (Life) II typically requires 2 to 4 years of related experience.